Trading The SPI - NON-Gann Techniques

[Trembling Hand]

TH Any chance of more info by what you mean about angry buyers? and why you believe this?

Its been a while, a very long while, since we have had a Large range day UP on Volume. 32,000 traded on an up day! 15,000 increase in Open interest.

I was getting fills all day 1 to 2 ticks above ask no problem. Why because the buyers didn't give a toss about getting filled a tick or two to their advantage.

I don't think we are going straight up but will be on the lookout for some more pushing.

 

[acouch]

good morning all
today's road map
have a great day and good trades
ac

 

[acouch]

good morning all
today's road map
have a great day, and good trades
ac

 

[treefrog]

long today off the 50% fib support level
system not giving great signals in this range bound area last few days,
but have strong S/R levels to add to the price and momentum indications

 

[Edwood]

lovely opening gap fill hey - don't come much better than that

probably bumble along until FOMC now

 

[acouch]

good morning all
today's road map
hjave a great day, and good trades
ac

 

[Edwood]

pretty choppy, not much fun today. looking forward to getting out of this consolidation that we've been in the last few days

 

[acouch]

good morning all
today's road map
have a great day, and good trades
ac

 

[Edwood]

off & away! thank gawd for that...

 

[acouch]

good morning all
Monday's road map
have a great weekend
ac

 

[acouch]

just a update of the spi eod chart..
todays high was 85..84 marked on the chart as strong resistance..
as you can see, once over that next strong resistance is at
6266
good trades, and have a great day
ac

 

[acouch]

good morning all
today's road map
have a great day, and good trades
ac

 

[Broadway]

I could be reading this wrong, but looks like someone smart picked up 700 shorts today..

And as Europe leads us below the 5700 spi support level, these shorts are looking good.

 

[Freddo]

I could be reading this wrong, but looks like someone smart picked up 700 shorts today..

And as Europe leads us below the 5700 spi support level, these shorts are looking good.

I have had a signal to get ready to go short for a couple of days now.
Today I went short 1 contract certainly not 700

 

[Trembling Hand]

I could be reading this wrong, but looks like someone smart picked up 700 shorts today..

And as Europe leads us below the 5700 spi support level, these shorts are looking good.

That was a block trade more likely crossing of hands rather than a new position.

 

[Freddo]

I have had a signal to get ready to go short for a couple of days now.
Today I went short 1 contract

Out on Sycom last night when my stop loss got hit.
Will be looking to scalp off the open

Have a great day

 

[acouch]

good morning all
toady's road map
havea great day and good trades
ac

 

[acouch]

good morning all
today's road map
have a great day and good trades
ac

 

[treefrog]

on the daily, using UT bars, looking quite bearish
evening star top followed by bearish engulfing a few days later

 

[Trembling Hand]

Looks a little better now with that bounce.