Trading The SPI - NON-Gann Techniques

[acouch]

evening all
spi 24hr chart for interest..
enjoy your evening
ac

 

[nat]

Hi acouch hows things ,been out working a real job for a while . What is the signifience of your 24 hour chart ,im guesssin it has made a hammer on daily candle so bottom is in for a bit ? Have only been loosly following the ups and downs of the market last month and a half . Nathan

 

[acouch]

Just another road map Nat, but done with software..
my other road map is done by hand..
enjoy your weekend,
ac

 

[acouch]

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

 

[acouch]

http://federalreserve.gov/newsevents/press/monetary/20080914a.htm

ac

 

[acouch]

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

 

[acouch]

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

 

[acouch]

here is the Dec Contract road map test..


ac

 

[acouch]

morning all
dec road map
have a great day, and good trades
ac

 

[Edwood]

so is it safe to come out yet?

 

[wiseguy]

Only if you want to get your head chopped off?

Hey Accouch, ever thought about starting your own thread?

 

[acouch]

in what way wiseguy ?
ac

 

[acouch]

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

this chart seems going well into time with price atm..
takes longer to do, hopefully it will settle down a bit.

will update eod chart at the weekend to keep you in the loop,
on the bigger picture

 

[Trembling Hand]

Boy that order book is thin at times today. Bit scary

 

[acouch]

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

 

[acouch]

updated eod spi chart..
as you can see that the red set of ML's is still in control.
resistance is at 5186,,,
target for the spi is 3936..we will see how it goes..
26th October 2008 is 360 cd's from the all time high..

a wild bear out there that is for sure...
have a fun weekend
ac

 

[professor_frink]

anyone else a little concerned at how the shifted goalposts are going to play out on the index futs today? If the arbs can no longer buy futs and short stock, this could see the futs all over the shop this morning. Or maybe not.

Think I might just take the day off and withdraw the small amount of liquidity I provide. Any others doing the same?

 

[Trembling Hand]

anyone else a little concerned at how the shifted goalposts are going to play out on the index futs today? If the arbs can no longer buy futs and short stock, this could see the futs all over the shop this morning. Or maybe not.

Think I might just take the day off and withdraw the small amount of liquidity I provide. Any others doing the same?

Yes I'm taking a wait and see approach. But I have the same concerns. The SPI is already the thinnest market still trading. This surely can't help.

But then again it my help my P & L (the P part hopefully) If there is nothing stopping the shares and futs from running we may get some very big ranges

 

[professor_frink]

Yes I'm taking a wait and see approach. But I have the same concerns. The SPI is already the thinnest market still trading. This surely can't help.

But then again it my help my P & L (the P part hopefully) If there is nothing stopping the shares and futs from running we may get some very big ranges

yeah we will probably see some great ranges, but the liquidity is what I'm really concerned about. Personally I'd like to see full blown chaos today. I'm not a fan of intervention, so hope it blows up and makes things worse for a few days until the rules are changed back. I liked the old rules. All of my setups were developed with the old rules, and I hope this doesn't change things too much

 

[professor_frink]

And I thought that the unscheduled "maintenance" in the middle of the day during August last year was as unprofessional as you could get.............