Trading The SPI - NON-Gann Techniques

[Euler]

hope your in it Euler.
I have a pretty close stop for this- it's running way too hard for my liking. Currently @ 81 with a stop on 2 min chart close below 77. Target of 95.

Took 66, running well without lead from o/s. Trailing stop currently 76

PS .. but looking to tighten stop as it flounders.

 

[professor_frink]

had enough-I'm gone @87. Might still hit 95, but I got no confidence in it at the moment.

 

[Euler]

Target of 95.

If 81 holds looking for 97 target. Stop now 81

 

[Bronte]

15/01/2007
O 5633
H 5666
L 5620
C 5663
Vol 11,568

Was this the data you wanted Euler?

Short at 5688

 

[Bronte]

Short at 5688

Over bought as you can see:

 

[Euler]

Was this the data you wanted Euler?
Short at 5688

Thx Bronte ... yes did the trick.

 

[professor_frink]

Short at 5688

Bronte,
Isn't this is the kind of post the mods don't want in here? What was the point of telling us you were short @ 88 that long after the fact?

 

[spitrader1]

Bronte,
Isn't this is the kind of post the mods don't want in here? What was the point of telling us you were short @ 88 that long after the fact?

I think a qoute from "A few good men" is PERFECT for this situation.
Kaffee (Tom Cruise) to Jo (Demi Moore) after pressing Colonel Nathan R Jessep(Jack Nicholson) about code reds-

"She has no point. She often has no point. It's part of her
charm. We're outta here. Thank you."

 

[professor_frink]

I think a qoute from "A few good men" is PERFECT for this situation.
Kaffee (Tom Cruise) to Jo (Demi Moore) after pressing Colonel Nathan R Jessep(Jack Nicholson) about code reds-

"She has no point. She often has no point. It's part of her
charm. We're outta here. Thank you."

 

[Bronte]

 

[professor_frink]

So that's your explanation for your hindsight call

 

[Bronte]

Please calm down prof.
This thread is littered with similar calls.

 

[professor_frink]

Please calm down prof.
This thread is littered with similar calls.

hardly. Whenever someone makes a comment on being in a trade, it carries some weight, because others usually know the points they are likely to place a trade. Coming out 15 odd minutes after supposedly trading and claiming to sell 3 points from the high of the day, with no other comment prior to the event is an entirely different matter.

I will be calm now.

 

[Bronte]

As you know
5696 is R2

 

[spitrader1]

hardly. Whenever someone makes a comment on being in a trade, it carries some weight, because others usually know the points they are likely to place a trade. Coming out 15 odd minutes after supposedly trading and claiming to sell 3 points from the high of the day, with no other comment prior to the event is an entirely different matter.

I will be calm now.

professor bronte is the queen of hindsight trading. dont even bother going there-its tedious and you will never get a straight answer.

 

[professor_frink]

And that relates to selling 88 how

edit: Don't even bother answering, because I really don't care to hear it.

Will be back in this thread when she's gone

 

[Bronte]

Over bought as you can see:

Over bought..so got in early.
Stoploss well above R2
Long term trade.....

Sold R1 earlier & took a small loss.

 

[Edwood]

afternoon all - here's my crude Elliott count on the move since the start of 2007 - anyone here got any views? BC is roughly 2 x AB so looks to be a valid double bottom as well but from an Elliott view I can't decide if we are in a C or 3, either way its been very impulsive... (my book is on a ship somewhere and I can't rememebr the exact rule...). the ways its impulsing you'd have to think we are going higher (altho could correct first)

out of interest Bronte, why "a long term trade"?

cheers

 

[spitrader1]

afternoon all - here's my crude Elliott count on the move since the start of 2007 - anyone here got any views? BC is roughly 2 x AB so looks to be a valid double bottom as well but from an Elliott view I can't decide if we are in a C or 3, either way its been very impulsive... (my book is on a ship somewhere and I can't rememebr the exact rule...). the ways its impulsing you'd have to think we are going higher (altho could correct first)

out of interest Bronte, why "a long term trade"?

cheers

the old long term trade-that old chestnut!! long term trade in english is actually-"****, ive gone the wrong way, lets wait and see if it comes back"..FLMFAO

 

[Edwood]

the old long term trade-that old chestnut!! long term trade in english is actually-"****, ive gone the wrong way, lets wait and see if it comes back"..FLMFAO

ha ha - have had a few of those in my time Spi