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Trading The SPI - NON-Gann Techniques
- Thread starter wayneL
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good morning all
today's road map
have a great day, and good trades
ac
Hi could you please give me some more info on the road map that you are plotting.Are you a day trader if so i would like to talk to you.
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yes i am a scalper, and if it turns into a bigger trade this is great as i trail price..
i use the road map for direction re LIS..a wonderful tool..
i trade a 5 tic chart..and love it..
talk to me
ac
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good morning all
today's road map, as you
can see it is similar to yesterday's
price has just done a circle in 24hrs.
have a great day, and good trades.
ac
oops wrong chart posted..
new one below
sorry
have to write something...before i can repost chart..this should do it
ac
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Good Morning,
The SPI200 Sept 09 contract traded overnight within the previous session development 4009 to 4053.
A responsive sell tail triggered midsession at 4053, saw the market extend a single tail print to 4066. Selling back into the development took the market back to the 4014 session low. The market went out 4044.
The market has continued to trade the 4009 to 4053 development and is balanced. Key resistance at 4053, 4075, 4121 and 4166. Key support at 4025, 4009, 3996 and previous development low 3955.
The previous session value area was 4018 to 4040 and is currently 4023 to 4050.
Have a good day.
Aliom Pty Limited (ACN 123 876 291 AFSL 323182) does not warrant the accuracy, completeness or correctness of any information herein. In preparing this post, Aliom Pty Limited has not taken into account the investment objectives, financial situation or particular needs of any particular person. Before making an investment decision on the basis of information in this post you should consider whether the information is appropriate in light of your particular investment objectives, financial situation or particular needs. You may wish to consult a licenced advisor or accountant to assist your decision.
The SPI200 Sept 09 contract traded overnight within the previous session development 4009 to 4053.
A responsive sell tail triggered midsession at 4053, saw the market extend a single tail print to 4066. Selling back into the development took the market back to the 4014 session low. The market went out 4044.
The market has continued to trade the 4009 to 4053 development and is balanced. Key resistance at 4053, 4075, 4121 and 4166. Key support at 4025, 4009, 3996 and previous development low 3955.
The previous session value area was 4018 to 4040 and is currently 4023 to 4050.
Have a good day.
Aliom Pty Limited (ACN 123 876 291 AFSL 323182) does not warrant the accuracy, completeness or correctness of any information herein. In preparing this post, Aliom Pty Limited has not taken into account the investment objectives, financial situation or particular needs of any particular person. Before making an investment decision on the basis of information in this post you should consider whether the information is appropriate in light of your particular investment objectives, financial situation or particular needs. You may wish to consult a licenced advisor or accountant to assist your decision.
yes i am a scalper, and if it turns into a bigger trade this is great as i trail price..
i use the road map for direction re LIS..a wonderful tool..
i trade a 5 tic chart..and love it..
talk to me
ac
i use 5 minute and run the xjo-on 2 minute and i must always just make sure on.Sep’09 SPI fair value is around 31.42 under cash.i will test the 5 tic tomorrow.today's trading attach.
SPI Support levels 4024, 4005/08*, 3990, 3975, 3961, 3950/52**, 3938
SPI Resistance levels 4058/62***, 4074, 4087, 4105/10**, 4132, 4143, 4157/60**
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Good Morning,
The SPI Sept 09 contract has continued to trade within the 4009 to 4053 development overnight. A responsive buy tail triggered at 4007 early in the overnight session, where responsive buying took the market back into the development.
Key resistance is at 4053, 4075, 4121 and 4166. Key support at 4025, 4007-09, 3996 and 3955.
The previous session value area was 4020 to 4044 and is currently 4010 to 4031.
The continuation of trading within the 4009 to 4053 development indicates the market is balanced. The market is now moving towards efficiency and the risk is of a break to distribution and imbalance off the point of control in this development which is 4025.
Have a good day.
Aliom Pty Limited (ACN 123 876 291 AFSL 323182) does not warrant the accuracy, completeness or correctness of any information herein. In preparing this post, Aliom Pty Limited has not taken into account the investment objectives, financial situation or particular needs of any particular person. Before making an investment decision on the basis of information in this post you should consider whether the information is appropriate in light of your particular investment objectives, financial situation or particular needs. You may wish to consult a licenced advisor or accountant to assist your decision.
The SPI Sept 09 contract has continued to trade within the 4009 to 4053 development overnight. A responsive buy tail triggered at 4007 early in the overnight session, where responsive buying took the market back into the development.
Key resistance is at 4053, 4075, 4121 and 4166. Key support at 4025, 4007-09, 3996 and 3955.
The previous session value area was 4020 to 4044 and is currently 4010 to 4031.
The continuation of trading within the 4009 to 4053 development indicates the market is balanced. The market is now moving towards efficiency and the risk is of a break to distribution and imbalance off the point of control in this development which is 4025.
Have a good day.
Aliom Pty Limited (ACN 123 876 291 AFSL 323182) does not warrant the accuracy, completeness or correctness of any information herein. In preparing this post, Aliom Pty Limited has not taken into account the investment objectives, financial situation or particular needs of any particular person. Before making an investment decision on the basis of information in this post you should consider whether the information is appropriate in light of your particular investment objectives, financial situation or particular needs. You may wish to consult a licenced advisor or accountant to assist your decision.
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Good Morning,
The SPI Sept 09 continued to trade within the 4009 to 4053 development yesterday and early in the overnight session. An initiating buy tail was triggered at 4057, breaking the market out of the development to distribution and imbalance. A responsive sell tail at 4120 late in the session capped the extension and the responsive selling has taken the market lower into the close.
The market has closed distributing and imbalanced. The double development overnight indicates potential for a continuation of the distribution higher.
Key resistance is at 4096, 4120, 4142, 4150/58, 4165, key support 4082, 4070, 4057/4053, 4041 and 4028.
Have a good day.
Aliom Pty Limited (ACN 123 876 291 AFSL 323182) does not warrant the accuracy, completeness or correctness of any information herein. In preparing this post, Aliom Pty Limited has not taken into account the investment objectives, financial situation or particular needs of any particular person. Before making an investment decision on the basis of information in this post you should consider whether the information is appropriate in light of your particular investment objectives, financial situation or particular needs. You may wish to consult a licenced advisor or accountant to assist your decision.
The SPI Sept 09 continued to trade within the 4009 to 4053 development yesterday and early in the overnight session. An initiating buy tail was triggered at 4057, breaking the market out of the development to distribution and imbalance. A responsive sell tail at 4120 late in the session capped the extension and the responsive selling has taken the market lower into the close.
The market has closed distributing and imbalanced. The double development overnight indicates potential for a continuation of the distribution higher.
Key resistance is at 4096, 4120, 4142, 4150/58, 4165, key support 4082, 4070, 4057/4053, 4041 and 4028.
Have a good day.
Aliom Pty Limited (ACN 123 876 291 AFSL 323182) does not warrant the accuracy, completeness or correctness of any information herein. In preparing this post, Aliom Pty Limited has not taken into account the investment objectives, financial situation or particular needs of any particular person. Before making an investment decision on the basis of information in this post you should consider whether the information is appropriate in light of your particular investment objectives, financial situation or particular needs. You may wish to consult a licenced advisor or accountant to assist your decision.
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Good Morning,
The SPI200 Sept 09 contract failed to continue the distribution higher on Friday, succumbing to responsive selling back to within the previous development high at 4053. Friday night the market has begun to develop, although this development is immature.
Key resistance is at 4112, 4120, 4142 4150/58 and 4165. Key support at the current point of control 4091, the previous session POC and overnight low 4065/66, 4053 and 4042.
Have a good day.
Aliom Pty Limited (ACN 123 876 291 AFSL 323182) does not warrant the accuracy, completeness or correctness of any information herein. In preparing this post, Aliom Pty Limited has not taken into account the investment objectives, financial situation or particular needs of any particular person. Before making an investment decision on the basis of information in this post you should consider whether the information is appropriate in light of your particular investment objectives, financial situation or particular needs. You may wish to consult a licenced advisor or accountant to assist your decision.
The SPI200 Sept 09 contract failed to continue the distribution higher on Friday, succumbing to responsive selling back to within the previous development high at 4053. Friday night the market has begun to develop, although this development is immature.
Key resistance is at 4112, 4120, 4142 4150/58 and 4165. Key support at the current point of control 4091, the previous session POC and overnight low 4065/66, 4053 and 4042.
Have a good day.
Aliom Pty Limited (ACN 123 876 291 AFSL 323182) does not warrant the accuracy, completeness or correctness of any information herein. In preparing this post, Aliom Pty Limited has not taken into account the investment objectives, financial situation or particular needs of any particular person. Before making an investment decision on the basis of information in this post you should consider whether the information is appropriate in light of your particular investment objectives, financial situation or particular needs. You may wish to consult a licenced advisor or accountant to assist your decision.
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Good Morning,
The SPI200 Sept 09 traded back to the high side of the July 24th distribution yesterday and overnight, and developing.
Key resistance is at 4129, 4142, 4150/58 and 4165. Key support at the current point of control, 4115, 4099, 4091 and 4066/65.
The market has traded a development 4091 to 4029 yesterday and overnight, with the point of control 4110-4115. The focus is now on the market’s movement off this point of control indicating the next distributive move.
Have a good day.
Aliom Pty Limited (ACN 123 876 291 AFSL 323182) does not warrant the accuracy, completeness or correctness of any information herein. In preparing this post, Aliom Pty Limited has not taken into account the investment objectives, financial situation or particular needs of any particular person. Before making an investment decision on the basis of information in this post you should consider whether the information is appropriate in light of your particular investment objectives, financial situation or particular needs. You may wish to consult a licenced advisor or accountant to assist your decision.
The SPI200 Sept 09 traded back to the high side of the July 24th distribution yesterday and overnight, and developing.
Key resistance is at 4129, 4142, 4150/58 and 4165. Key support at the current point of control, 4115, 4099, 4091 and 4066/65.
The market has traded a development 4091 to 4029 yesterday and overnight, with the point of control 4110-4115. The focus is now on the market’s movement off this point of control indicating the next distributive move.
Have a good day.
Aliom Pty Limited (ACN 123 876 291 AFSL 323182) does not warrant the accuracy, completeness or correctness of any information herein. In preparing this post, Aliom Pty Limited has not taken into account the investment objectives, financial situation or particular needs of any particular person. Before making an investment decision on the basis of information in this post you should consider whether the information is appropriate in light of your particular investment objectives, financial situation or particular needs. You may wish to consult a licenced advisor or accountant to assist your decision.
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acouch can u please explain your roadmaps??
ie. important points (like the big ovals) what do they represent?.. how do u trade off them?.. and how do u calculate your 'maps'
they honestly make no sense to me.
are they based on a tech indicator?
ie. important points (like the big ovals) what do they represent?.. how do u trade off them?.. and how do u calculate your 'maps'
they honestly make no sense to me.
are they based on a tech indicator?
good morning all
today's road map
have a great day, and good trades
ac
Expected general range SPI today is 4090 - 4143
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i show the ovals so you can see where the price comes from..
each no if you look back on other charts i have posted eod..show you how
all these nos are strong support or resistance..
as price hits these nos you would assume a retrace..
the red line is the LIS..(line in sand.) above you are looking for longs. below you are looking for shorts..
the road map is set up at the beginning of the contract and last the 3 months , i use Medianlines, on most charting packages they are called pitchfork..
hope this helps you with the understanding of my road map..
take care out there
ac
