Trading The SPI - NON-Gann Techniques

[spitrader1]

Spi, your box if full.

have deleted mate

 

[Bronte]

Nice 'Gap Open'
The SPI is now trying very hard to Close the gap.

SPI 5730
Gap Closed
Chart to follow:

 

[nat]

Nice 'Gap Open'
The SPI is now trying very hard to Close the gap.

hi there bronte ,what chart are you loooking at for the gap open ,is it the aph7.sfd chart your taking notice of for the gaps ?the aph7.sfe doesnt have a big gap , Nathan

 

[Bronte]

Hi nat,
SPI March 2007
Man Financial APIH07(10)
- SPI 200 (Day) Chart:

 

[nat]

ok then ,im on web iress ,cant seem to get charts to do that , what yours can do, can only look at dailies to c gap like that ,ill have to take more notice of such things thanx Nathan

 

[spitrader1]

lolol .... got to get back to trading!!

euler/prof fink...a little bit off topic, but none the less. bought brand new mizuno irons the other day. Taking them along with my r5 and my scotty cameron down to the goldy this weekend to play hope island/robina woods/palm meadows. cant wait!!

 

[nat]

SPI 5730
Gap Closed
Chart to follow:

Bronte is ther any rules for gaps ,like a probability of a gap getting closed over not getting closed
i see that there is a gap still from fri close to mon open ,is this correct and if so should one be looking for biases to close that gap at some stage? also still a gap from 11th to 12 th yet to be filled.Nathan

 

[Bronte]

ok then ,im on web iress ,cant seem to get charts to do that , what yours can do, can only look at dailies to c gap like that ,ill have to take more notice of such things thanx Nathan

You are very welcome Nathan.
Here ia a link to the Man Financial charts.
Look what happened as soon as the 'Gap' was closed.....
http://www.futuresource.com/charts/charts.jsp?s=APIH07&o=&a=V:5&z=610x300&d=medium&b=bar&st=

 

[professor_frink]

euler/prof fink...a little bit off topic, but none the less. bought brand new mizuno irons the other day. Taking them along with my r5 and my scotty cameron down to the goldy this weekend to play hope island/robina woods/palm meadows. cant wait!!

Golf is never off topic spi
Sounds good. Would very much enjoy a round there.

My nice shiny new driver went into the lake last week on the back 9 at my local-was a bloody hot day and I was hitting without my trusty glove(it finally fell apart 3 holes prior), luckily we haven't had much rain lately, so I could wade out to get it without all of my clothes getting wet!

And yes, the ball went in the lake too

 

[Bronte]

Bronte is ther any rules for gaps ,like a probability of a gap getting closed over not getting closed
i see that there is a gap still from fri close to mon open ,is this correct and if so should one be looking for biases to close that gap at some stage? also still a gap from 11th to 12 th yet to be filled.Nathan

We covered 'Gaps' in detail somewhere in here Nathan:
https://www.aussiestockforums.com/forums/showthread.php?t=1664
Hopefully it wasn't deleted.

 

[Euler]

euler/prof fink...a little bit off topic, but none the less. bought brand new mizuno irons the other day. Taking them along with my r5 and my scotty cameron down to the goldy this weekend to play hope island/robina woods/palm meadows. cant wait!!

Spi ... cool ... lolol ... my missus won't let me spend any money on toys for me until she gets a substantial wish for her ... can't understand it!!
Have fun!!!!

 

[Bronte]

You are very welcome Nathan.
Look what happened as soon as the 'Gap' was closed.....

So we don't lose this:
We love 'Gaps'

 

[Edwood]

afternoon - some nice movement today rejected at 1.68 extensions of wave 1 and i.

heres an overview to gaps

http://stockcharts.com/education/TradingStrategies/gapStrategies1.html

 

[Bronte]

Thank you for the link Edwood.
We are pleased you decided to stay.

 

[spitrader1]

Spi ... cool ... lolol ... my missus won't let me spend any money on toys for me until she gets a substantial wish for her ... can't understand it!!
Have fun!!!!

mine is, we are going to dreamworld one of the days....FLMFAO

 

[Euler]

Bears are taking bites off it and can't sustain the pressure.

 

[Euler]

Bears are taking bites off it and can't sustain the pressure.

4+ point spreads ... or are SFE having problems again!
... prices quoted look very odd

 

[professor_frink]

4+ point spreads ... or are SFE having problems again!
... prices quoted look very odd

Howdy Euler, wasn't watching the SPI very closely this arvo-had a trade on the nik so was watching that. What time was it doing it?

The 58-63 area went pretty well today- high of 64, and the rally out of the lunchtime lows ended @ 59

 

[Euler]

On a daily basis value has a shift downwards but needs to be supported overnight for it to have any significance. The move is not mature!

 

[Euler]

Howdy Euler, wasn't watching the SPI very closely this arvo-had a trade on the nik so was watching that. What time was it doing it?
The 58-63 area went pretty well today- high of 64, and the rally out of the lunchtime lows ended @ 59

Prof, was around 15.30 (give or take 15min). Iress was giving me confliction BID/ASK. After it settled I wondered whether if was Iress at fault. On a number of occasions all the ASK's diappeared off the screen and a healthy looking column of BID's held. So am not sure if it's SFE or Iress.

Yes, the highs held well, as did the 20's. Overall a very good day.