This is a mobile optimized page that loads fast, if you want to load the real page, click this text.

Trading The SPI - NON-Gann Techniques

happy new year gents! hope you all had a good break. looks like onwards & upwards for 2007!
 
Hi Edwood,
Interesting chart...thanx

Nice SPI Gap open this morning.
44 point Premium....
 
Bronte said:
Hi Edwood,
Interesting chart...thanx
Nice SPI Gap open this morning.
44 point Premium....
This AM SPI chart:
 

Attachments

  • 03012007.png
    17.6 KB · Views: 151
Please make sure this topic stays on track and Gann-free.
 
ah yes, nice gap fill Bronte - didn't even look for that. selling spike you reckoning?

edit: its also dropped out of that ascending wedge
 
spitrader1 said:
bronte, im happy for you to tell me otherwise, but dont you use your own interpretation of gann??
Funny thing is, I think this is the first time the objectionable g*** word has been mentioned on this thread - really hope you're not trying to stir it all up again!

Poor old G*** - must be turning in his grave at all this discrimination against his methods. I understand he is honoured at the NYSE...

Problem is that some of the generally accepted T/A techniques at ASF hold similarities with g*** methods. Are they evil too? EW has some similarities - does that mean that anyone using T/A that could be interpreted also as g*** should not post here?

Surely, provided no-one doesn't mention the g*** word - they should be left in peace?
 
Howdy folks, hope everyone had a good christmas

Hey Ed, what timeframe was that chart you posted this morning? Would have been a great short on a break of that wedge you posted.

Was a good day to get back into the swing of things- gap open at R2, above yesterday's high. Nice friendly way to start the year

 
hi Prof, twas a 1 month 60 min chart. yeah it was a nice set up, didn't trade it tho, getting my feet back under the desk & getting used to watching a market each day again as I've been out since Sept. gotta say its good to be back!
 
Edwood said:
hi Prof, twas a 1 month 60 min chart. yeah it was a nice set up, didn't trade it tho, getting my feet back under the desk & getting used to watching a market each day again as I've been out since Sept. gotta say its good to be back!
Cheers Ed
yep, it's good to be trading again :dance:
 
aye it'll be better tho when I've actually pulled the trigger!

quick question - I see theres lots of 'out of hours' action given your 24 hour trading with SPI - do you guys get involved in this or tend to stick to '9-to-5'

cheers

edit: reason I ask is there looks to be some good moves out of hours
 
I stick to regular business hours myself- she's pretty thinly traded after hours. Back in the old thread, Freddo would have orders going off after hours, but he was more of a swing trader. Currently the spread is out to 3 pts already(54/57) and there is only 1 contract offered on either side.

If you are interested in getting some action at this time of the day, the Hang Seng is still open in our region.
 
good point Prof, I didn't think of Asia! I don't look at volume as have always participated in hours. will have to when I move to direct access I spose. so that would explain why Aus execution with CMC is apparently v. slow out of hours...

there's also UK and Dax for the evening - Dax can be entertaining. alrightee off for dinner now, catch you tomorrow

Ed
 
sails said:
No worries - however I did not initiate the subject on this thread - just didn't want spitrader provoking the issue again

Margaret,

My post was not directed at you, or anyone in fact. Just a reminder that we have a Gann/SPI thread that is feeling very unloved because nobody is using it

...and it's best to keep the two camps apart

Cheers
 
morning all - good range on the US overnight & Vix up, might see some volatility altho sitting on 3 month support so a break could be good for shorts
 
Edwood said:
morning all - good range on the US overnight & Vix up, might see some volatility altho sitting on 3 month support so a break could be good for shorts
morning Ed, looks like I've missed out- have a weekly pivot at 5607, which the market just missed this morning before it bounced. I probably shouldn't have waited for a test, but oh well, there's always another trade just round the corner
 
aye market will always be there tomorrow - have learned not to get phased by missing a move
 
Cookies are required to use this site. You must accept them to continue using the site. Learn more...