Trading The SPI - NON-Gann Techniques

[acouch]

hi macca,ill reply tomorrow..friends here and a bad neck
ac

 

[acouch]

good morning all,
today's road map.
macca all my charts posted here run on 24hrs, except the metastock
chart which is eod, and i use that to go forward, and have a look at the
bigger picture.
as these charts posted are sierra charts, and the computer they are on runs 24/7
hope this is of some help.
good trade. and have a great day
ac

 

[professor_frink]

Hi folks,

I am still dabbling with this SPI business, just like everything it is always harder than it looks

I noticed that some use pivot points and S1 etc, like in Forex, could someone tell me should I be calculating pivot points using a 24 hour chart of the SPI or just the live market in OZ from the day before.

If it is the 24 hour chart does the day start at 9.50am and end at 8.00am ?

Also Acouch, when calculating your lines do you use the 24 hour chart ?

If some of the experienced people could answer I and others shall learn something

thanks in advance

Macca

Hi macca,

I haven't found much of a difference with the different pivots- one day a 24 hour chart will work better than the day session, and the next it can be the reverse. Because I can't find much of an advantage in doing it this way, the charts that have pivots on them are strictly day session for me, as it's the more traditional way of doing it.

If you are going to calculate them over a 24 hour period, I'd do the calculation based on the times you described above, and not based on a calendar day.

 

[macca]

OK, thanks for your comments Acouch and the Prof

 

[acouch]

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

 

[acouch]

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

 

[acouch]

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

 

[acouch]

good morning all
spi road map for monday
have a great weekend
ac
p.s. a bit early, spi not quite closed

 

[acouch]

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

 

[acouch]

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

 

[acouch]

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

 

[acouch]

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

 

[julius]

Hi all,

wayneL : I think I read earlier that you'v used Fib Trader & now using Amibroker ?

I'm using trialing FT at the moment - much prefer the flexibility of Ami but FT does have some great features. One is the range bars, I'v tried getting these to work in Ami but they just don't plot the same ? Got any suggestions ?

 

[acouch]

Good morning all
Spi road map for Monday
have a great weekend
ac

 

[acouch]

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

 

[acouch]

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

 

[nat]

morning acouch ,thanx for continually putting up these charts ,it is amazing how the numbers can be significent points in a day ,

Ive got my own method of trading the spi ,,more ig markets cfd till more expierience,,and follow some other peoples methods for the day and it seems there can be many ways to trade but they all at times bring up the same numbers which i find gives the number more significents to be a magnet to draw price to it. Nathan

 

[acouch]

most welcome Nat, glad that the road map is of some help.
yes when there is a confluence of nos it pulls more weight that is for sure.
as you are just starting out, always remember, she (spi) is always right, as she is a living thing, so if wrong get out
have a great day.
ps wouldnt be surprised that she tries for 47 upside, but like always we
will see line in the sand today is 25..

 

[nat]

hi ,you got your 6547,bit late but got there in the end,interesting day ,Nathan

 

[acouch]

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