Trading The SPI - NON-Gann Techniques

[julius]

Could you ecplain that please Julius?

From what I see we opened at 5610, which is about 170 points above the gap to yesterday's high, and about 205 points above yesterday's 430pm close.

Are you referring to a gap from a long time ago?

Broadway, I'm just talking about down move of 44 points off the open.

 

[Trembling Hand]

Bloody hell!! CHOPPED TO BITS today.

 

[julius]

story of my life :

 

[AMR]

I feel your irritation: I let a 14 point USD/CHF scalp turn into a 28 pip loss since I buggered my stop recently.

 

[julius]

bloody margins are still broken

 

[Trembling Hand]

bloody margins are still broken

Nah! All fine I think.

 

[Trembling Hand]

bloody margins are still broken

You will have to trade 10 lots instead of 20

 

[Freddo]

If there is no gap tomorrow I'll be looking for to short the SPI once the low of today breaks.

 

[julius]

Hey Guess What They Still Haven't Fixed The Bloody Margins Ain't That Swell

 

[Trembling Hand]

Hey Guess What They Still Haven't Fixed The Bloody Margins Ain't That Swell

You should call IB or start a trouble ticket in account mgn.

Mon & Tues they needed full margin for the first hour but I could still trade. Have had no problems besides that!

 

[acouch]

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

 

[Freddo]

If there is no gap tomorrow I'll be looking for to short the SPI once the low of today breaks.

Todays the day I was looking for, I'm now short one

 

[onemore]

Freddo,

Whats the golden moving average?

 

[acouch]

good morning all

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

 

[Trembling Hand]

Fat lady hasn't yelped yet but boy today is looking like an Ugly Bearish pattern.

Hope you were able to hang on to your short during the open today Freddo.

 

[Freddo]

Fat lady hasn't yelped yet but boy today is looking like an Ugly Bearish pattern.

Hope you were able to hang on to your short during the open today Freddo.

Sing Fat Lady Sing !!!!

I'm still short TH, I actually entered my first short yesterday 8th April when the low of the 7th was broken and took added to my position today.

 

[Freddo]

Freddo,

Whats the golden moving average?

onemore, This is not a copy of my working chart but Golden Movign Average
is something I am exploring.

As the name suggests it a moving average weighted using the golden ratio.

This is how it was explained to me
Take 20 day moving average multiply it by 1.618 to get 12.36 (round to 12)
subtract 12.36 from 20 to get 7.64 round to 8.

Now calculate the MA for 12 and 8 add together and divide by 2.

Still trying to work out if it's useful !!

My EOD trading chart looks like this

 

[acouch]

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

 

[acouch]

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

 

[acouch]

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