Trading with point and figure

[Moneylender]

Chose the wrong day to do other things, still was fun trading in the pub!!

 

[Dentalfloss]

does 21890 break..??

 

[Dentalfloss]

dow in another pivot area

 

[Dentalfloss]

Chose the wrong day to do other things, still was fun trading in the pub!!

thought yu were on Mc Flurries...???

👍👍👍👍

 

[Moneylender]

thought yu were on Mc Flurries...???

👍👍👍👍

Not today, Mc Stellas instead!😛😛

 

[inzimam]

12170 dax.. I went long but should have wait to see if it held

Sent from my SM-G950F using Tapatalk

 

[Moneylender]

12150 is the next P or D level, plus or minus a few!

 

[Dentalfloss]

dow in another pivot area

dumped
excellent

 

[Dentalfloss]

12150 is the next P or D level, plus or minus a few!

there now

 

[Dentalfloss]

12170 dax.. I went long but should have wait to see if it held

Sent from my SM-G950F using Tapatalk

yu did not get consecutive signals in that area
12168 held...then it gave a rubbish bounce

 

[Dentalfloss]

bounce off 21168
there was minor rez at 21183 and 21186
market poss would have been waiting for a decent p/b from that area
did not happen


yu are trying to catch a falling knife
we know about those on here...we do em all the time.....successfully

 

[Dentalfloss]

12168 bounce went into 12174 which was a prev supp/very minor
bears saw it falter at that area and came in


just my two Stella"s worth

 

[Dentalfloss]

12162 pump or dump
from Moneylenders 12150 area

 

[Dentalfloss]

21890 on 5 min barc hart
yu can see where supp became rez

 

[Dentalfloss]

ditto 21850 pump or dump

 

[Dentalfloss]

oil 47.00 p/d

 

[Dentalfloss]

cable
1.2900 pump or dump

dump for a few

 

[Moneylender]

21168 bounce went into 21174 which was a prev supp/very minor
bears saw it falter at that area and came in


just my two Stella"s worth

More than one too many mate the DAX is 12150 not 21150

:cheers::cheers:

 

[Moneylender]

Kaplan

Speaking at chamber of commerce event in Lubbock Texas

There is no prepared text but Q&A session. I will add to the post as the headlines trickle in.

He adds:
Aging, slower workforce growth hampering US growth
US does not have much fiscal room due to high debt level.
Being patient in terms of another rate increase
Would like more progress on inflation before next hike
Would like to shed bonds in the near future
Balance sheet unwind would be very gradual to minimize the market impact
Low 10 year bond yield suggest expectations of future growth are

 

[Dentalfloss]

its the interaction between supp and rez that we are looking at/intraday