Trading the SPI

[Ageo]

I wouldnt mind that girl serving me drinks whilst im trading in the day.

Perhaps it wouldnt be a wise investment thow as i would be doing everything else but trading

 

[Sensei]

... must've been a dull day on the sfe .... but the after-hours market seem to be hotting up

 

[Joe Blow]

Back on topic please gentlemen. Less topless waitresses and more trading the SPI please.

I am finding that more and more stock related threads are veering off topic with general chat and I don't want ASF to go down that road. If you have something off topic to share, start a thread in General Chat or use the private message feature.

If things get any worse I will get cranky and nobody wants that. Least of all me.

 

[professor_frink]

Back on topic please gentlemen. Less topless waitresses and more trading the SPI please.

I am finding that more and more stock related threads are veering off topic with general chat and I don't want ASF to go down that road. If you have something off topic to share, start a thread in General Chat or use the private message feature.

If things get any worse I will get cranky and nobody wants that. Least of all me.

Sorry Joe. It was a very dull day for me

I'll be good from now on!

 

[Ageo]

Back on topic please gentlemen. Less topless waitresses and more trading the SPI please.

I am finding that more and more stock related threads are veering off topic with general chat and I don't want ASF to go down that road. If you have something off topic to share, start a thread in General Chat or use the private message feature.

If things get any worse I will get cranky and nobody wants that. Least of all me.

hehe sorry Joe, just thought i would spice up the day a little as the A200 was disgusting today.

anywayz enough jibba jabba, on the with the trading.

 

[wayneL]

You post makes perfect sense to me !
Totally agree...

The Blog says a bit about ADR movements and thats about it.

I seem to recall the author is reported to be a 1000+ lot trader
maybe I'm very selfish but if I was a successful 1000+ lot SPI200
trader I sure as heck won't be giving my time away maintaining a blog
to help out other traders.

I'd be too busy in my penthouse counting the cash

1000 lot trader eh?

$25,000 per point?

$250,000 for a 10pt stop?

The total daily turnover on the spi is around 20,000 contracts! So this guy is 5% of total exchange volume on each trade?

I am with the sceptics!!

 

[happytrader]

Hi all

I don't know anything about spi trading mechanisms, but I do recall someone regularly trading 200 option contracts of a very volatile resource stock which were not cheap. All eyes were on the tick history waiting for them to make their move. Out of interest, does the spi have a tick history?

Cheers
Happytrader

 

[Hopeful]

Trading the Nikkei

There is a new market available that some of you might be interested in it's the Nikkei 225 Mini contract.

100 yen per point, minimum 5 points per tick ie 500 yen per tick.

I like it because $5 per point doesn't scare me and I can focus on trading according to my plan not my emotions. It's quite liquid and has plenty of volume, trades from 9am-1130am then 1pm-3pm , it's in the Aussie time zone too.

So, in summary it's similar in many ways to the SPI but more liquid and less scary.

 

[professor_frink]

Re: Trading the Nikkei

There is a new market available that some of you might be interested in it's the Nikkei 225 Mini contract.

100 yen per point, minimum 5 points per tick ie 500 yen per tick.

I like it because $5 per point doesn't scare me and I can focus on trading according to my plan not my emotions. It's quite liquid and has plenty of volume, trades from 9am-1130am then 1pm-3pm , it's in the Aussie time zone too.

So, in summary it's similar in many ways to the SPI but more liquid and less scary.

Which exchange is that on hopeful? I no you can trade the Nikkei on the SGX as well as in Japan.

 

[Pager]

Were in a very tight range 5057 to 5067, buy the break of 68 or sell the break of 56.

Looking like a long is more likely at present

 

[Ageo]

Short 20 contracts on the A200 @ 5078.

Stop placed @ 5098 (20 points above).

R1 level is @ 5080.

should provide sufficient buffer for any stop hunts

 

[neo]

HI People,
I'm presently long.
Anyone know what time BHP releases their 05-06 FY results today?

 

[Sensei]

another "dull" day ....... volume looks low too so far ... unless we break out of 70's on the up or low 50's in the down ... not interested in being churned back and forth

 

[Pager]

Have just had a read through of the thread, I post trades as I find it has helped me focus, some of my trades have not been as they happened so to speak.

Not sure why some people have an issue with this ?

Oh and short at 5056, think that’s pretty much as it happened

 

[Sensei]

Have just had a read through of the thread, I post trades as I find it has helped me focus, some of my trades have not been as they happened so to speak.
Not sure why some people have an issue with this ?
Oh and short at 5056, think that’s pretty much as it happened

Pager, your calls seem ok. It's the blatant and transparent calls after the event, using historical data to back up their case and passing it off as a call before the event that get under some peoples skin .... btw watch yr shorts ... the big boys are playing at the moment.

 

[nat]

morning all ,question to sensei ,how do you know the big boys are playing ?,are you watching market depth or vol of contracts going through ?
Nathan

 

[Pager]

Alot of support around 5050, i may look to cover on any sign of stength, stop is currently in the low 60,s

Also agree with your comments Sensei about posting after the event in the manner described.

Cheers

Pager

 

[Ageo]

Stop moved to breakeven.

Hopefully it breaks the gravitation level of 5058.

 

[Sensei]

Oh and short at 5056, think that’s pretty much as it happened

... watching and biased to down side but held off as the momentum fissled out .... volume low ... need more to get me in now. I won't go in without some push behind it. Remember I prefer to hang onto their coat-tails than take the lead and end up the well known creek without a paddle and holding the stop.
Nat ... talk in chat room

 

[Poor_Grenville]

morning all ,question to sensei ,how do you know the big boys are playing ?,are you watching market depth or vol of contracts going through ?
Nathan

I belive that it's very difficult to tell when the big boys are playing
as they are not dumb, I mean, they know that there are traders who
tries to tailcoat their actions, and they don't want too much
competition.... so they will do almost anything to disguise their
actions using lots of red heerings and decoys. IMO it's not worth the
effort to suss 'em out lol

Just focus on your system/strategy's signals