Trading The SPI - NON-Gann Techniques

[Broadway]

Nice trend today, she bounced right off the July 16 lows, reacted nicely to the large volume spike, and it has alot of friends in the ASX 20 and across Asia.

Fingers crossed for a good follow through over the next few days.

 

[acouch]

just another look at our girl this afternoon.
ac

 

[acouch]

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

 

[Euler]

Watch trading levels @

*5041
5010
**4978
4916
***4854
4823
**4791
4729
*4667

for today.

 

[acouch]

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

also note on the eod daily chart we have resistance at 5019..
ac

 

[acouch]

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

 

[acouch]

oops yesterdays road map above ..here is todays'

 

[Euler]

Watch trading levels @

*5036
5007
**4977
4961
***4944
4915
**4885
4869
*4852

for today.

 

[Broadway]

Serious resistance at 1290 on the ES, 5000 on the spi.

Hopefully this ascending triangle eventually breaks north.

But US banks took a real hit last night.

I like how real ES bottoms (like july 16) are pretty obvious if you watch ES volume.

 

[rossw]

anyone mind giving me a ballpark on the brokerage you pay for the SPI?

i know some of you volume traders will get cheaper than the common folk, but just a ballpark would be good to help clarify my actual profits in this paper trading.

for the moment i'm using $5 per contract ie $10 per round trip
is that a fair guess?

 

[Broadway]

for the moment i'm using $5 per contract ie $10 per round trip is that a fair guess?

Yep. Spot on.

 

[acouch]

good morning all,
Monday's road map
have a great weekend, and take care
ac

 

[Euler]

Watch trading levels @

*5122
5096
**5070
5023
***4975
4949
**4923
4876
*4828

for today.

 

[acouch]

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

 

[acouch]

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

 

[Rockon2]

See att 5 min chart, good pattern setup, sell short with a tight stop, at the break.

Pretty much a measured move..


TYMFTR

 

[acouch]

morning all
today's road map
have a great day and good trades..
ps, i assume you all realized that the lower nos on
Wednesday should have started with 4..not 5 ,

 

[acouch]

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

 

[acouch]

afternoon all
Monday's road map
enjot the rest of your weekend
ac

 

[acouch]

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