Trading with point and figure

[Dentalfloss]

😍😍😍😍😍😍😍


No sign of any bears as yet

 

[Dentalfloss]

😍😍😍😍😍bears only had 1-2 opportunities from that internal trend /aqua trendline

 

[Atilla]

😍😍😍😍😍😍😍


No sign of any bears as yet

Ooooohhhh, thinking about it... :whistling


Re: FTSE - In Daily and 4H TFs it's looking like LHs & running out of steam for me.

I have

R3 @ 7400
R2 @ 7325
R1 @ 7295
PP @ 7245
..
S3 @ 7085
S4 @ 7000

Agree with 7300 being key.


If we don't breach 7300s and attempt to mount 7400s on slightly longer time frames it's due for a 300 point drop to S4 I reckon.

I'm getting worried... 🙄

 

[Dentalfloss]

Any view on dax?

tad bullish if our supp area 11750-11800 holds
but
a mass of rez from 11886 and above

 

[Atilla]

Cable also struggling to reach PP @ 1.24895. More downside due I reckon.

I thought Major outlined the risks well. Pound will come into selling pressure.

It might help the FTSE but geo-eco-political risks likely to outweigh positive currency movement.

I think all eyes will be on Trump policy / spending speak. 🙄

 

[dashdbn]

The target for USD ZAR is 13.18

 

[Dentalfloss]

usdjpy into our supp area 112.00
will it hold..??

 

[Dentalfloss]

tad bullish if our supp area 11750-11800 holds
but
a mass of rez from 11886 and above

whammmooo
into our supp area and rally
luvin it

 

[Dentalfloss]

dow...still no sign of any bears

 

[Moneylender]

dow...still no sign of any bears

All waiting for Trump to talk tonight!

 

[Dentalfloss]

there is a possible trend break

data from 23rd feb

 

[Moneylender]

http://news.forexlive.com/!/is-trum...ecific-details-of-complicated-policy-20170227

 

[Dentalfloss]

20778 is a pivot

 

[Moneylender]

20778 is a pivot

Just spiked down to there now!!

 

[Dentalfloss]

20778 is a pivot

there now
a bad bounce and sellers move in

 

[Dentalfloss]

Just spiked down to there now!!

20812 is start of rez on bounce

 

[Moneylender]

20812 is start of rez on bounce

Not sure I am taking any bounces tonight!!!

 

[Dentalfloss]

20778 is a pivot

bounced nicely

 

[Dentalfloss]

DOW updated
a trend break to our 20788 pivot we marked earlier...it got bought...now back in rez

 

[Dentalfloss]

is that a new uptrend that is starting or is it a recoil only...??