Australian (ASX) Stock Market Forum

Trading The SPI - NON-Gann Techniques

You very well may be right, and with that kind of buffer it's well worth the shot IMO. The current rally has coincided with the announcement pretty well- at this stage it just looks like short covering ahead of the shut down.

stabilize alright. Into a nice down trend. put on some shorts on CBA, and NAB as a bit of a hedge. Wonder how many others are doing like wise and pushing us down?
 
wowzer! kiwi-sterling now at 2.9048 - only took this pic a few mins ago :eek:

kiwispike2160807og0.gif
 
SPI will re open @ 2:05. Good luck TH- hope you've worked your hedge well:)

Worked well. actually made a little on the Hedge. Should of been more but stupidly i added to it. then ended up covering a bit higher than my second entry :banghead: . But it worked. Boy did that test my nerves. I'm out but looking for some more fun on a dip.
 
Worked well. actually made a little on the Hedge. Should of been more but stupidly i added to it. then ended up covering a bit higher than my second entry :banghead: . But it worked. Boy did that test my nerves. I'm out but looking for some more fun on a dip.

nice work:) Glad it worked for you.

Sounds like you'll need a couple of drinks at the end of the day to calm the nerves!
 
This looks like capitualtion and buyers coming back in. I've got gaps on my 5 minute chart as its going back up...

Cheers,
 
Does this look right or is IG playing funny buggers?:confused:
 

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no its correct lol @ funny buggers. I am watching the actual xjo though Sanford

what happened with IG and HK thing Can?


Good trading

They stood firm. I gave up. Just had my IB account approved yesterday,:) trying to wire in the funds today....

TI you think those gaps will get filled?

Cheers,
 
They stood firm. I gave up. Just had my IB account approved yesterday,:) trying to wire in the funds today....

TI you think those gaps will get filled?

Cheers,

what pricks you tell them your leaving and posting your experience on every forum and web site u can from Aust to china!

Can I could not tell you. TH made some very good points about what's going on here XAO thread.

I am a spectator today, even though IG have corrected the spread now.

Have fun!
 
might be significant, time will tell I guess. Bang on the Jan low (cheers Prof)

not around tomorrow so good luck all!

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Hey Professor

the little old spi is acting more like the HK today. no 1 point spread today. Very jumpy.

I haven't been watching too closely- kospi came up first for a trade this morning, so I jumped on it instead. That run down in the SPI looks like it would have been a pretty wild ride.

A couple of months ago, I would have been happy to have a trade on the SPI and another market at the same time. Right now, if I put a trade on, I'm not game to take my eyes off it and look at anything else:eek:

This volatility is freakin nuts!
 
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