Australian (ASX) Stock Market Forum

Trading the SPI

I have a little bit of knowledge :)
This can be a good or bad thing.
I just trade these areas....
Badly as you saw today :(
+4 +1 out of a possible +25 :)
 
Bronte said:
I have a little bit of knowledge :)
This can be a good or bad thing.
I just trade these areas....
Badly as you saw today :(
+4 +1 out of a possible +25 :)

Don't worry about that, we all *&^% up trading these some days.

But why was 4915 support?
 
Bronte said:
Battman gave us the Support at 07.30am this morning
That is all I need to know.....It will work :)
That is all I need to know.
 
Bronte said:
Sorry Wayne, I am not very good with these.
I bet it is not complimentary though :)
Understandably so.

Rolling On The Floor Laughing My F###### A### Off! :)
 
Buy a few Gann books.
Send off to America for the course.
Spend many hours studying, back testing.
Make a start today....It doesn't happen overnight :)
 
Bronte said:
Sorry Wayne, I am not very good with these.
I bet it is not complimentary though :)
Understandably so.

ROTFLMFAO =
Rolling On The Floor Laughing My Fkn Ass off
;)
 
Bronte said:
Buy a few Gann books.
Send off to America for the course.
Spend many hours studying, back testing.
Make a start today....It doesn't happen overnight :)

But you can't have done that if you don't know why 4915 is support. (?!)
 
Bronte said:
It has never been our intention to call live trades.
Although these days we have shown many :)
Just to show that we trade the SPI using Gann Support / Resistances
Nobody has ever said to us that they do not work :)
Just that what they saw was in hindsight.
Futures trading is as simple as that.
Sell off Resistance
Buy off Support.
You have to admit they work well.
 
Bronte said:
Battman gave us the Support at 07.30am this morning
That is all I need to know.....It will work :)
That is all I need to know Wayne :)
 
Bronte said:
You are a natural Realist...Well done.
Of course people will not believe you.
It was a "Hindsight trade"... they will shout :)
History repeats....I am loving this Wayne :)
 
Bronte said:
That is all I need to know Wayne :)

How do you know it is Gann support then?

It could be a number plucked out of thin air.
 
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