Australian (ASX) Stock Market Forum

Trading The SPI - NON-Gann Techniques

acouche, you'll like these. The median lines work perfectly with my strategy since I aim to ride waves, and it helps identify where the pivots may take place. It obviously played out very well this morning. Shame they were only paper trades (testing the SPI waters). I'd still have made those two trades without the medians, but the medians allowed me for greater confidence of where the price would likely end up, and therefore better exits.

I didn't bother with the rest as I felt the range was too small for the SPI's relative lack of liquidity.
 

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acouche, you'll like these. The median lines work perfectly with my strategy since I aim to ride waves, and it helps identify where the pivots may take place. It obviously played out very well this morning. Shame they were only paper trades (testing the SPI waters). I'd still have made those two trades without the medians, but the medians allowed me for greater confidence of where the price would likely end up, and therefore better exits.

I didn't bother with the rest as I felt the range was too small for the SPI's relative lack of liquidity.

Very nice Mr J, glad you are finding them of some use...
ac;)
 
excellent paper AC, well researched and crystal clear.
thanks for sharing
JA

yes JA...sorry about not being 77 pages..when i had a look it was only 27 pages..
but the main thing you got some tips from it
it looks like most of it was taken from the DR.Andrews paper on Action/Reaction..


ac;)
 
yes JA...sorry about not being 77 pages..when i had a look it was only 27 pages..
but the main thing you got some tips from it
it looks like most of it was taken from the DR.Andrews paper on Action/Reaction..

ac;)


i managed to summarise the entire doc. in just 2 charts in a couple of hours,
poor Greg, it would have taken him ages to put all that together.

good stuff though, reading the doc sure did emphasise the 80% rule, plus the "revisits" and 90% stat are good to know.

the % probs. backed up by solid research, sitting in front of me as I trade, . . . very handy.

JA
 
but the main thing you got some tips from it

Yes. I'm always interested in reading about different approaches, it's a good way to learn and refine our own strategies. It's interesting to see how much my own strategy has changed since I started, despite it keeping the same principles.
 
good morning all
today's road map
have a great day and good trades
ac;)
 

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

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Last night's rally may have been to retest the long term trendline on the ES.

One possibility is back down in the next 24-48 hours.

Maybe some more rumours about the bank stress tests will help this.

:D
 

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Thanks acouch for your daily updates. I noticed that the horizontal lines have been a lot closer together recently. Any comments on that?
 
Thanks acouch for your daily updates. I noticed that the horizontal lines have been a lot closer together recently. Any comments on that?

yes, skc,
it was the way price was on setting up the chart at the beginning of the contract..nos around 12 points apart..
i tried to stretch..but it wasn't going to happen..
that's how the chart has fallen this contract..
ac;)

ps i have another one set up atm..will see if it is a better fit..
if so will start posting that one..it is around 20 points..but takes a while to checkout to see all is valid
 
I'm still waiting for the short to hit the median. It's going to be at least 40-50 points if it does, but then it has been a noisy drop.
 
Took 5 hours, but finally got there. And to think that a couple of weeks ago I was focusing trades that lasted minutes.
 
good morning all
today's road map
have a great day and good trades
ac;)
 

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