Trading with point and figure

[Dentalfloss]

Our 1.1580 rez on either starting to work

 

[Moneylender]

DAX going into the close, do we have a bottom formed? Answers tomorrow.

 

[Dentalfloss]

mornin folks

 

[Dentalfloss]

DOW

 

[Dentalfloss]

there is an inkling of a top...a downward column
at this point ...it could be a pullback
there are no clues

 

[Dentalfloss]

we had a brief move into 21456 supp area yesterday...it did not print on the chart as it is 4 hour close plot
21456 was an intermed rez...should be decent supp area


the chart still looks pretty bullish...despite bad bank earnings
scalp shorts only

 

[Dentalfloss]

DAX going into the close, do we have a bottom formed? Answers tomorrow.

it faked...its now back in supp for a rethink...lol

 

[Dentalfloss]

Yu FAKERS....we saw ya

 

[Dentalfloss]

the move from aqua horizontal was an unsupported break
got sold off...now back in supp for a rethink...lol
4 hour data
25 points box
4 reversal
close


gets rid of all the rubbish

 

[Dentalfloss]

bulls are still there ...right down to 12300


yesterday..poss a flash crash/stop hunting...before ECB
lets see what happens

 

[Dentalfloss]

12410 area should be decent supp...if yu can get it
12500 first rez

 

[Dentalfloss]

12478 prev supp..first rez
fits in with Moneylenders 12485

 

[Dentalfloss]

12461 is a trend test..there now
firts supp 12427 area/coincides with Moneylenders 12425

 

[cantagril]

the move from aqua horizontal was an unsupported break
got sold off...now back in supp for a rethink...lol
4 hour data
25 points box
4 reversal
close


gets rid of all the rubbish

Good clean chart - thanks. Hope it will help me to get the right end of the stick today.

Closed yesterday's ill-advised 440 long at 12455. A long sweaty day for *** all. 🙂

 

[Dentalfloss]

12478 prev supp..first rez
fits in with Moneylenders 12485

gotcha .. 12478

 

[Dentalfloss]

Good clean chart - thanks. Hope it will help me to get the right end of the stick today.

Closed yesterday's ill-advised 440 long at 12455. A long sweaty day for *** all. 🙂

yu had no real way of telling that it would dump/ big time yesterday
the easiest way is 50% of the pole

 

[Dentalfloss]

12500-12525 was 50% ish

became supp yesterday ..until lunchtime
dollar got sold in the afternoon...then it tanked

i missed it all.....well most of it
too bizzee with GBP and the heat

 

[Dentalfloss]

our 1.1580 still dumpin..just
eurusd

 

[Dentalfloss]

12478 dump..for a few

 

[Moneylender]

Morning all, late start this morning.

Nice rise to 12480 area, I am back to being flat ATM.
Tomorrow ecb could complicate it all, so will keep a tight rein on things.