How to Trade

Buy the Dip

Using point & figure charts, we use two methods of buying on dips. The first method is to wait for a bottom pattern to form, the second is using tried and tested analysis, then buying at an area of strong support.

Method 1

10 pip USDJPY chart from http://www.eightdragonscapital.com

Method 2

Early morning Analysis from this website yesterday morning

Putting my money where my analysis suggests.

Entry 132.322

take a partial profit 132.777,

closed all at 133.64.

Learn to trade with Point & Figure

Published by Neil Callard

Forex Trader and Educator. 30 years trading experience, of which 20 years was market making in major currencies in large international financial institutions.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: