Trading The SPI - NON-Gann Techniques

[acouch]

oops, wrong chart..
try again
ac

http://img402.imageshack.us/my.php?image=spiml1ugc4.png

 

[Trembling Hand]

Boy that's some aggressive selling on the SPI.

Shorts are just blowing a hole in the market. They going to get squeezed this arvo?

 

[acouch]

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

 

[acouch]

good morning all
Monday's road map
have a great weekend
ac

 

[AMR]

Acouch - What is that? Are they pivots?

 

[acouch]

they are the cross of the Medianline, which are strong support/resistance..the orange dotted line in the line in the sand..above is for longs, below are for shorts..
to extend your knowledge on these, the link below will take you there, hope that this
is of some help to you
have a great day
ac

http://www.medianline.com/

 

[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

 

[palanquin]

Acouch
I understand Fib numbers recognise the similarities. Any more information on medianlines? Have you drawn these lines yourself, inserted them from a chart option? Any books you would recommend?
Thanks

 

[acouch]

Hi palanquin,
i set up two sets of ML's at the beginning of the contract, and these then should take us through for the next three months, if placed right
i then copy paste the lines along the chart as time moves along..as ML's go into time as you can see..a very simple tool, with amazing results..

if you look above you will see the url i posted yesterday i think..this is a free site, and Tim has been very generous with his knowledge..if you join, and then go through the archives you will find a lot of stuff.
Tim doesnt use the ML's quite like i do, but we all pick up our own way as time goes on..
there is also a site where you pay a monthly fee to learn on the net at your leisure..i will see if i can hunt it up..if so i will post it,
the road map doesnt go below 5499 today..next support is at 74 to be aware of..if that fails look for 5436 for support today.
hope this has been of some help
have a great day
ac

 

[acouch]

Good morning all
todays road map
have a great day, and good trades
ac

 

[palanquin]

Acouch
Many thanks..........I'll follow instructions and let you know if I get in a hole I can't dig my way out of.

 

[acouch]

no worries, if i can help let me know, but my teaching abilities are limited
have a great weekend
ac

 

[acouch]

Good Morning all,
Monday's road map
have a great weekend, and take care
ac

 

[acouch]

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

 

[Edwood]

gee this volatility is frustrating if you don't have time to sit in front of it all day - only way it seems is to trail stops, no point leaving stops at entry, good chance you'll be stopped out before you know it!

 

[acouch]

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

 

[STspiman]

Hi Ac,

Is there an explanation on how you use this roadmap in your trading. I assume they work well. I trade the SPI each day and i made note of your numbers today but didnt really know how to use them. Cheers

Steve T

 

[acouch]

Morning Steve,

all nos are strong support/resistance
the orange line is the line in the sand, which i find
works very well, above is for longs, below is for shorts.
i was reading your blog, and i see that you also use ft.
these lines also work that way as they go into time.
hope this is of some help,
good trades
ac

ps, if i could move the sc chart along further every morning that i do
it,it is always within a tic or two of price of the day..but i can only move it along for that day. eg:23.59.
as time moves on during the day, i can of course move it along.
a once again, but i don't repost the chart.
ac