Trading with point and figure

[Dentalfloss]

23870 area
Will it hold

Down to 23620

 

[Dentalfloss]

12500 rez looming

Whacked

 

[Moneylender]

Morning all

Any stability yet or more turmoil. Can make a fortune on these markets and lose a bigger one!
What drives me mad and inzimam experienced it yesterday, you can't close out or enter for that matter, at the level you want, requotes after requotes.

Sent from my Moto G (4) using Tapatalk

 

[cantagril]

Stopped out at 75 back in at 65. Target 90

Forgot to upload chart providing evidence supporting my claim of usual lucidity

15 min looks tolerably bullish but the 5 min is a bit more doubtful and on looking at the PA I might just wimp out early. Stop tight

 

[Moneylender]

Forgot to upload chart providing evidence supporting my claim of usual lucidity

15 min looks tolerably bullish but the 5 min is a bit more doubtful and on looking at the PA I might just wimp out early. Stop tight

Wimp

Lol

Sent from my Moto G (4) using Tapatalk

 

[cantagril]

Forgot to upload chart providing evidence supporting my claim of usual lucidity

15 min looks tolerably bullish but the 5 min is a bit more doubtful and on looking at the PA I might just wimp out early. Stop tight

Out at 83 for +18

 

[cantagril]

Wimp

Lol

He who runs away today, lives to run away another day

I'm sure that was Marcus Aurelius or maybe Tacitus or one of them oldsters. OTOH it does sound somehow very French...

 

[Moneylender]

He who runs away today, lives to run away another day

Should call you Forest Gump in future. ;-)

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[inzimam]

Morning all

Went to sleep last night trying to comprehend the day's events. Turned my phone on this morning to a million alerts (I've set alerts for Dax to move more than 50 points in 5 min). Did that really happen over night?!

Just goes to show that this market is insane. You can wipe out a year worth of sane, calculated and planned profit in a day!

I got very lucky but it came from the wrong place. Seeing 1600 points down on the Dow I entered a highly leveraged punt! I tried to close out at 300 points up (which was like a few seconds after entry), then 500, 600,700, then finally IG accepted my trade at 850 points up. What a fluke and the first and only and last time I suspect that the stupid 'can't fill' errors work in my favour.

For the record, PnF really is good but as all things requires additional complementary signals. Emotional state is critical to successful trading. For me in particular I have noticed the days I get hammered in trading is a ££ manifestation of my mood. Someone needs to design an 'emotional status' lock screen on trading apps!

This is only for the disbelievers. Do not do this at home and don't think this can ever be repeated.

I'm still around but fingers are off the trigger for a little while.

All the best

 

[cantagril]

Should call you Forest Gump in future. ;-)

Hah! I like it..."Run Canta! Run" and from thayt dayuh on if I was goin' anywheres, I woz runnin'....

 

[Moneylender]

You have a just reward Inzimam, well done

 

[Moneylender]

Unbelievable really

 

[f2calv]

@inzimam I especially like how you withdrew it immediately the big winner

 

[inzimam]

Yeh lol. I acknowledged my annual allowance of luck was all used up

 

[swissy]

Yeh lol. I acknowledged my annual allowance of luck was all used up

Well done...maybe luck but pips in the bank ( we all could do with a slice) As long as you keep your feet to the ground and use your (ill gotten) gains for your future..I wish you well!

 

[cantagril]

Yeh lol. I acknowledged my annual allowance of luck was all used up

I find this quote is a great help when I've fooled myself into thinking I have a clue what's going on:

"Then I did something terribly risky and not all that clever, but once again fortune chose to reward my stupidity." Tim Dowling

 

[inzimam]

I love that

 

[Dentalfloss]

Was it revenge trade...??
Inzi

 

[Dentalfloss]

our 12500 rez area workin well this morning

 

[Dentalfloss]

dow


23K for a hammerin..??