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Trading The SPI - NON-Gann Techniques

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Hi Caribean just using my spreadbet a/c for Dax - fine mostly. have some overhead resistance around 7,700 based on fibs out of the lows as well as 50% retrace from the highs in this general area. We may test 7,700 today but not expecting too much really with US holiday
 
Yes Edwood, using futures here..i like it...perhaps no better than any of the US indicies, but better time for us.
I think i've got a little system working on it,(6-15 point micro swings) and have been trying to figure out how to avoid the fake outs using fibonacci/gartley ABCD's to add some structure on my charts.
But it's early days yet....
 
glad to hear it Caribean - yes the hours are definitely more accommodating than the US! theres usually an opening gap and I find its a lot less choppy than FTSE. a few have mentioned eurostox as a good option too for the same hours but I've not looked at it myself

anyway looks as tho we've hit a wall here so might call it a day
 
Edwood said:
a few have mentioned eurostox as a good option too for the same hours but I've not looked at it myself

anyway looks as tho we've hit a wall here so might call it a day
Click to expand...

On the futures, ythe DAX is a very large contract with about USD$15,000 margin from memory. STOXX is more in line with the US eminis in size... much more manageable for us private traders.

Don't forget the Eurobund, it a nice contract to trade as well with the same hours.
 
Looked at the Eurostoxx and the Bund,(briefly), i think they're lame ducks by comparison,IMO.
Though they're half the size and easier on the pocket if still unsure....
Catch you latter..
Wayne, only just noticed your reply after i posted, yes it's a big contract and it has made me hesitate a few times.
 
wayneL said:
On the futures, ythe DAX is a very large contract with about USD$15,000 margin from memory. STOXX is more in line with the US eminis in size... much more manageable for us private traders.

Don't forget the Eurobund, it a nice contract to trade as well with the same hours.
Click to expand...

Hi Wayne

What IB data subscriptions would I require to follow the products you mentioned. Not looking to trade atm, just looking for a short list of markets to trial some systems on..
 
Seaking said:
Hi Wayne

What IB data subscriptions would I require to follow the products you mentioned. Not looking to trade atm, just looking for a short list of markets to trial some systems on..
Click to expand...
Seaking,

It is the Eurex (DTB ) data. It's a few euro a month, but not too expensive.
 
if she get up at 99 again she is through, and wil want to test resistance at 6310..
good trades
ac
 

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chart from last week again - I'll take that as achieved given its all sessions spreadbet data, I guess now we'll see if its a 'meaningful' fib or not

asxcount300807do9.gif
 
has anyone got any more gaps outstanding o/head? I think we may have gotten close to resolving the last one standing with this move but not sure
 
probably a stupid question but in that chart you have several forks supporting or confirming a move higher in terms of the levels supporting the trend, while this latest one looks very counter-trend. is that sort of how you look at them?
 
yes, she is range trading atm..she will need a bit of mojo to make the higher price..and as she has been in this range for a while..will give her the mojo..if she moves up from here she is trying for 10 atm..but i wouldnt want the 97 broken..99 atm..

ac
 

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