Trading the SPI

[professor_frink]

Anyone here using Interactive Brokers- I'm having all sorts of dramas with their piece of s*** trading platform. The trading platform says that the SPI is unavailable :swear:

 

[NettAssets]

Don't think they are the only one having trouble with data feed = ETrade has been flakey too.

 

[Ageo]

support? well for the A200 its 4896.

A break of that would see the sky fall. Today should be a big day thow, either a big rally up to keep the bulls in with some hope or else the next leg down.

Either way if it does move, ill be on it like a tiger on a antelope.

 

[professor_frink]

Don't think they are the only one having trouble with data feed = ETrade has been flakey too.

Thanks mate. I'm starting to think it's been a blessing- I would have stopped out this morning on a long so it's not all bad

 

[Pager]

As expected a higher open, but not high enough for a quick short, although we did go to 4903, went long at 4907 as we failed to push any lower and we broke and looked to hold above 4908/9 but alas it was not to be and jumped out as we fell back pretty quickly at 4909, so only + 2 points, having another crack at getting past 4909 so long again with a tight stop.

 

[Pager]

Anyone here using Interactive Brokers- I'm having all sorts of dramas with their piece of s*** trading platform. The trading platform says that the SPI is unavailable :swear:

No problems here Professor

 

[professor_frink]

No problems here Professor

Cheers Pager, must be something wrong at my end

 

[Bronte]

We find Mondays are the most unpredictable.
The more time you have / work you do ...
over the weekend, the more confused you can become.
We are still buyers off the Low Open.
We have some strong levels this morning.

I am still looking to Buy...
Missed the 4900/1 Support Level
Hope to see 4894/5

 

[Bronte]

4915 Intraday Double Top

 

[Bronte]

What time does trading open on Monday?
I'd be thinking long early on Monday myself....

SPI now 4832 +20 Pts
Nice one Realist

 

[Bronte]

Pick a Support Level boys

Nice to read back and realise that we were all Bullish today.
SPI now 4953

 

[professor_frink]

Ok what just happened-over 800 contracts just went through in the last couple of minutes

 

[Bronte]

That was an elephant

 

[Bronte]

Our Pivot points are not looking good today.
We have found them to be unreliable......
as a stand alone indicator.

 

[professor_frink]

That was an elephant

Sorry bronte. An elephant?

 

[Ageo]

If the A200 holds above 4924 (gravitation level) then we should see the 4950 to be had.

well its now 4957 (surged uptp 4966). So went as planned

 

[Pager]

Well we got through the 4908/9 level eventualy

Long for the 3rd time, so far only +3 points from trades 1&2, this time long again from 4908, stop is know just just below double intra day tops of 4914/15, will then move up another 10 points shortly but hopefully will know hold to days end.

Also expect to see the discount we are running to the cash market to come in considerably today, maybe even a small premium .

 

[nat]

yes was a good run at the end ,i didnt handle start to well but ,got whippsawed a lot still held on for my longest run yet for points so happy ,gradually applying things im learning ,thanx for all your imput fellas .Nathan

 

[Bronte]

Sorry bronte. An elephant?

Commercials - the major players

 

[Bronte]

Very well done lads.
Left me sitting on the platform today.
I had better cancel my Buy 4900 orders