Trading The SPI - NON-Gann Techniques

[GMS]

Good Morning,

The SPI200 December 09 contract continued the distribution lower on the reopen yesterday triggering a responsive buy tail at 4597 to rotate higher through the session to a 4644 high and develop within this range through the session.

The market continued to develop and rotate within this range, overnight. Of note was a responsive sell tail trigger at 4641.

The market is currently in a development and balanced stance. Key resistance is at 4640, a break opens potential for a rotation to 4660, then key resistance 4683. Key support is at 4606 a break of which opens potential for a rotation to 4597, then 4581.

Resistance: 4640, 4660, 4665, 4671, 4683, 4691, 4700/02
Support: 4632, 4617, 4606, 4596, 4587, 4581, 4569, 4563, 4556/51

Value Area Levels (Source Bloomberg)
Previous SYCOM and Day Session 4613 to 4660
Overnight Session 4607 to 4631.

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.

 

[acouch]

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

:couch

 

[GMS]

Good Morning,

The SPI200 December 09 contract continued to rotate within the establishing development yesterday. A midsession rejecting responsive sell tail at 4654 rotated the market lower to an initiating sell tail trigger at 4626 extending the break to trigger a responsive buy tail at 4600.

Overnight the market triggered a responsive buy tail at 4606 rotating the market higher through the development and again responsive selling capped the advance at 4654 with the market closing at 4640.

The market continues to rotate within the establishing development and is balanced.

Initial resistance is at 4640, a break opens potential for a rotation to key resistance and development high 4654/4660 then 4683. Key support is at 4626, then 4606 a break of which opens potential for a rotation to 4597, then 4581.

Resistance: 4640, 4654/4660, 4665, 4671, 4683, 4691, 4700/02
Support: 4632, 4626, 4617, 4606, 4596, 4587, 4581, 4569, 4563, 4556/51

Value Area Levels (Source Bloomberg)
Previous SYCOM and Day Session 4608 to 4637
Overnight Session 4622 to 4648


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.

 

[acouch]

what can i say..
you have to love the LIS :couch

have a great evening
ac

 

[Largesse]

how are you calculating your levels acouch?

 

[acouch]

they are all done with medianlines Largesse

i set the chart up before the contract starts..
and the nos are projected ahead,
and then it lasts for the next 3 months
as if you look at past charts you can see how it projects into time
a simple tool
it has a 80% strike rate
so worth the effort to learn it well
hope this helps
ac

 

[acouch]

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

 

[GMS]

Good Morning,

The SPI200 December 09 contract opened to responsive selling at 4654 on Friday rotating lower into the development, to trigger a responsive buy tail at 4624. The market rotated higher through the session range triggering an initiating buy tail at 4654 to distribute out of the development in the closing phase.

In the overnight session the distribution higher continued, to session high 4676, then rotating lower where a responsive buy tail at 4643 rotated the market higher to close at 4656.

The distributive break higher Friday night, off the previous session point of control 4645, indicates the market is rejecting the established development of recent sessions, and may continue the distribution higher going forward.

Key resistance is at 4683 and 4700. Key support is at 4654 and 4645.

Resistance: 4660, 4665, 4671, 4683, 4691, 4700/02, 4711, 4720, 4727
Support: 4654, 4645, 4640, 4632, 4626, 4617, 4606, 4596, 4587, 4581

Value Area Levels (Source Bloomberg)
Previous SYCOM and Day Session 4626 to 4648
Overnight Session 4650 to 4668

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.

 

[acouch]

afternoon,
Monday's road map updated eod..
have a great evening
ac :

 

[acouch]

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

 

[GMS]

Good Morning,

The SPI200 December 09 contract rotated lower off the open yesterday, rejecting the distribution higher of the previous session, to trade back inside the establishing development. A late session initiating buy tail triggered at 4657 and the market distributed higher again to close at 4675.

Overnight the market opened to a responsive sell tail, which again rejected the distribution higher to rotate the market back inside the development. A mid morning responsive buy tail at 4650 rejected the break to the downside.

Key resistance is initially at 4679/83, a break here resumes the distributive break higher, with key resistance following on at 4700 and 4721. Key support is at 4650/45, a break here opens potential for a rotation back to the low side of the current development 4632, 4606 and 4596.

Resistance: 4671, 4679/83, 4691, 4700/02, 4711, 4721, 4727, 4733
Support: 4660, 4650/40, 4632, 4626, 4617, 4606, 4596, 4587

Value Area Levels (Source Bloomberg)
Previous SYCOM and Day Session 4627 to 4665
Overnight Session 4655 to 4670

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.

 

[nielsend]

Hi AC, firstly a quick thanks for continuing to post the daily roadmap for the SPI.

I’ve been trading full time for a few months, just trading the SPI, and am always looking for new ideas to explore. I started following your daily chart posting a couple of months ago, and I’m still trying to familiarize myself with the way you work the median lines.
My question is in regards to the way you setup the template to begin with. When searching through your previous post’s I came across your comment about setting the median lines up at the start of each new SPI contract. As we have a contract rollover on Thursday I figure this is a good time to ask if you can elaborate in a little more detail on how you set it up etc.

Apologies in advance if you have posted this info before, but when performing a search on this subject I couldn’t find anything in detail directly relating to this.

Thanks
Dash
:1zhelp:

 

[acouch]

Hi AC, firstly a quick thanks for continuing to post the daily roadmap for the SPI.

I’ve been trading full time for a few months, just trading the SPI, and am always looking for new ideas to explore. I started following your daily chart posting a couple of months ago, and I’m still trying to familiarize myself with the way you work the median lines.
My question is in regards to the way you setup the template to begin with. When searching through your previous post’s I came across your comment about setting the median lines up at the start of each new SPI contract. As we have a contract rollover on Thursday I figure this is a good time to ask if you can elaborate in a little more detail on how you set it up etc.

Apologies in advance if you have posted this info before, but when performing a search on this subject I couldn’t find anything in detail directly relating to this.

Thanks
Dash
:1zhelp:

yes, i have the march contract up and running at the moment.just to watch it..so i can see if it is set up properly..as it has to run for 3 months.
the ML's are set up as ABC and projected forward..

what has been will come again..

and it is quite amazng how they also fall into fib nos..
but of course the Middle line the ML..is the 50% and has a 80% rate of being hit..
the other lines are action /reaction

not really good at explaining how i do it, i am afraid..
but i hope you can get the gist of what i have said..
ac

 

[acouch]

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

tomorrows map will be march contract..

 

[GMS]

Good Morning,

The SPI200 December 09 contract rotated higher off the responsive buy tail at 4657 in the opening phase yesterday. The market distributed to a high of 4695, to rotate lower and develop closing the session at 4663.

Overnight the market initially rotated to session high 4669, then, rotated to the low side of the development 4633 midsession. The market continued the broad rotations initially higher through the range to 4668 and back again to 4634, to close the session at 4642.

The market has rotated back in the development and is balanced.

Initial resistance is at 4650, then key resistance at 4679/83, 4700 and 4721. Key support is at 4632, a break here opens potential for a rotation to 4606, then 4596.

Resistance: 4650, 4657, 4662, 4671, 4679/83, 4691, 4700/02, 4711, 4721
Support: 4640, 4632, 4626, 4617, 4606, 4596, 4587, 4581, 4569, 4563

Value Area Levels (Source Bloomberg)
Previous SYCOM and Day Session 4658 to 4681
Overnight Session 4645 to 4662


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.

 

[nielsend]

Hi AC

You mentioned on another post back in 07 that you "scalp the spi with a 50 volume chart, and using the 50 cci..".

Do you still use this strategy?

 

[acouch]

yes it is a pretty good chart..most of the time
but if the volume fades a 6 tic is also great..

ac

 

[acouch]

good morning all
today's road map
the beginning of a new three months journey
have a great day, and good trades
ac

 

[GMS]

Good Morning,

The SPI200 March 10 contract opened to an initiating buy tail at 4644 yesterday rotating higher to session high 4683, and developing within the range.

Overnight the market continued to rotate within the establishing development with a responsive buy tail at 4637 rejecting a move lower.

Initial resistance is at 4656, 4668 and key resistance at 4688. A Break at 4688 opens potential for a distributive break higher and imbalance. Key support is at 4644, a break here opens potential for a rotation to 4627, and key support at 4588.

Resistance: 4656, 4662, 4668, 4676, 4688, 4693, 4703, 4714
Support: 4644, 4639, 4627, 4620, 4615, 4599, 4588, 4581

Value Area Levels (Source Bloomberg)
Previous SYCOM and Day Session 4641 to 4667
Overnight Session 4648 to 4667

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.

 

[acouch]

our new road map seems to have settled in..
ac