Trading The SPI - NON-Gann Techniques

[professor_frink]

what are you using to get your levels at the moment Euler?

 

[Euler]

what are you using to get your levels at the moment Euler?

Unless yr prepared to go and pay a premium for the integrated software, I'm afraid the rest I know are painful manual systems. All data (high-low range, for 30min bars) has to be entered either as you go or at the end of the trading period. And this is for both the SFE and SYCOM session.
Here is a link to one ....
http://www.pivotprofits.com/Tools/TPOChart/tabid/108/Default.aspx

 

[professor_frink]

Unless yr prepared to go and pay a premium for the integrated software, I'm afraid the rest I know are painful manual systems. All data (high-low range, for 30min bars) has to be entered either as you go or at the end of the trading period. And this is for both the SFE and SYCOM session.
Here is a link to one ....
http://www.pivotprofits.com/Tools/TPOChart/tabid/108/Default.aspx

cheers mate

 

[Edwood]

interesting stuff Euler - reminds me a bit of candles, esp the idea of buying tails & selling tails, sort of like hammers, while MP trend days look like they would print long candles

looks we've managed to grind it up to the pivot Prof - and hugging the underside of the trendline on the daily chart. Dow tried to hook back up into its daily support line this morning, wonder if ASX can manage it...

Edit: on the longer view the red line is my line in the sand, if we can get above that we could be off again

 

[professor_frink]

Euler, your PM box is full

 

[Euler]

Euler, your PM box is full

Prof .. fixed .. ok now

 

[Pager]

Looking for the breakout this morning

Buy 5561, Sell 5553.

 

[Euler]

Have POC 5583 and range 86-50. With a great run yesterday and a mixed bag in US, it may give back some of yesterday's gains. Will look keenly at shorts.

 

[Pager]

Short at 5553, stop 5561,

 

[Pager]

Stopped out and know long at 5561, stop at 5551.

Could be a choppy day with no direction.

10-07am stop up to 5557

 

[Edwood]

waiting here for a clearer move either way... ideally up

 

[Euler]

Stopped out and know long at 5561, stop at 5551.

Could be a choppy day with no direction.

10-07am stop up to 5557

Pager ... could still be on .. the short ... just watch a little longer ... resources are down ... banks holding

 

[Pager]

Stop up to entry at 5561, currently 64

10-17am stop up to 5564, currently 5567

 

[Pager]

Out at 5564, looking for a short below 5557.

Looks like no direction, so far today 2 trades for -8 and + 3.

 

[Euler]

Yep ... Currently no direction with slight down bias. Resources down but banks just holding on.

 

[Pager]

Short again at 5557, stop at 5561.

10-44, stop to breakeven at 5557.

 

[Pager]

Out at 5551 for + 6 points.

looks like a choppy choppy day, 3 trades for for a whopping 1 point gain

Im done for the day, good luck to everyone else posting or watching.

The time stamp on this thread/forum is not correct ????, its currently 10-50am ?.

 

[Euler]

Out at 5551 for + 6 points.
looks like a choppy choppy day, 3 trades for for a whopping 1 point gain

Well done ... too choppy for me right now.

The time stamp on this thread/forum is not correct ????, its currently 10-50am ?.

I noticed its about 5 min out ... ie it's 5 min ahead!

 

[Edwood]

frustrating stuff - looks as tho it wants to break but unsure so best to be out

 

[Edwood]

out of interest what sort of spread do you guys see on direct access? I get a fixed 2 points on a spreadbet but with skew taken into account can be wider