Australian (ASX) Stock Market Forum

Trading The SPI - NON-Gann Techniques

Thanks Edwood, i'm curious about the little nuances that show themselves around open/closes etc.

Cheers,

open & close are good times to be involved with SPI in my opinion Canaussieuck, definitely worth following them for a while, especially the gap opens - if you can be around for US close as it often sets up a good gap for Aus open. I stuck a link up about gap opens on S&P the other day, think it was on this thread, worth having a read of that, same principles apply for SPI
 
Guys please help.

look at this chart did the SPI do this last night? or is this market maker bull **** at its finest?

I am ready to call IG and say please explain. that is crap the dow did not fall that much. or am i missing something.


Cheers
 

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Guys please help.

look at this chart did the SPI do this last night? or is this market maker bull **** at its finest?

I am ready to call IG and say please explain. that is crap the dow did not fall that much. or am i missing something.


Cheers

chart looks dodgy TI. SPI didn't get anywhere near the lows of the 4th last night.
 
Guys please help.

look at this chart did the SPI do this last night? or is this market maker bull **** at its finest?

I am ready to call IG and say please explain. that is crap the dow did not fall that much. or am i missing something.


Cheers

Nah this is the SPI 15 min including night action. No wash out like that. Buggers!
 

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did you have a stop that was taken out by that spike TI, or could it have been an error in their charts?

i had no trade on, but that is just not on at all. IG are really good most times.

I will find out after work and post there comments.

seeing that kind of thing is enough to make me change brokers.
 
I was actually trading the USD/JAP pair with IG last week when i got one of these spikes over my stop, but it did nothing, like it never happened.

Cheers,
 
I wouldn't worry about it too much Trade It, happens a lot with the UK CFD & spreadbet co's - usually its dodgy data and if you had a trade on that was stopped out or if you tried to long that drop they'd rewind it.

but having said that those spikes have an uncanny knack of playing out! so we could be in for some action soon :eek:
 
I wouldn't worry about it too much Trade It, happens a lot with the UK CFD & spreadbet co's - usually its dodgy data and if you had a trade on that was stopped out or if you tried to long that drop they'd rewind it.

but having said that those spikes have an uncanny knack of playing out! so we could be in for some action soon :eek:

spoke to IG,

the problem was with IT finance (charting company) not at there end.

they told me not to worry as their price never did that so there would have been no impact on any trade I had open.

good trading guys
 
WOW IG's spread is widening greater than usual out of hours...

How wide will it get, should the market become [more] volatile...?????

Current Spread between 7-10pts ouch :cautious:

SevenFX
 
WOW IG's spread is widening greater than usual out of hours...

How wide will it get, should the market become [more] volatile...?????

Current Spread between 7-10pts ouch :cautious:

SevenFX

the Australian200 is its normal 5 point spread for me SevenFX
 
currently 90-odd point gap up for the open, mostly on the back of the UK today. have taken a short for the open

weekly chart showing some long tails on the candles, altho current one a potential hangman

390f35e2f6.gif
 
Not to worry Ed, you got a piece and that's the important part:)

Current SPI chart below- can't say I can find much of a reason to be long right now. About the most bullish thing I can find on the chart is that we are at a pretty important S/R area. 6000 is becoming a key pivot area, price action wise, as well as being a key psychological level.
 

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