Trading the SPI

[nat]

well done ,i got a big 5 points first up ,better then nothing i suppose.Hey bronte you said you used to deal with man financial ,does that mean your with another dealer now ?And if you are for what reason if dont mind me asking Nathan

 

[Bronte]

Thank you Nathan
I will PM some info.

 

[iSPI]

Hello iSPI,
Well you were right about the direction this morning, hope you got in at 5035

Bob.

Hi Bob,

I ended buying 1 at 5035 and 1 and 5041, I actually meant 5041 was a safer buy, not 5141 in my earlier post

 

[Bronte]

Well done iSPI...nice trade
What were your reasons for buying 5035/41 ?

 

[nat]

replied back bronte ,not sure if it worked but ,Nathan

 

[Bronte]

Yes we got it Nathan,
Thank you for your reply.

 

[Bronte]

Todays SPI chart
Showing Gann Support

 

[Bronte]

Sold 5035

Just looking at todays trading log:
Sold 5035 @ 07:52:01
Bought 5031@ 07:52:47
46 Secs

 

[Bobby]

Hi Bob,

I ended buying 1 at 5035 and 1 and 5041, I actually meant 5041 was a safer buy, not 5141 in my earlier post

Well done !, so your still holding ? are you going overnight?

That 5141 did have me a bit confused

Bob.

 

[Bronte]

Just looking at todays trading log:
Sold 5035 @ 07:52:01
Bought 5031@ 07:52:47
46 Secs

Thanks Bob
$100 per contract per minute.

 

[wayneL]

Just looking at todays trading log:
Sold 5035 @ 07:52:01
Bought 5031@ 07:52:47
46 Secs

LOL

My fastest winning trade was less than 1 second. I had submitted a bracket order on Euro futures, heard the alarm go off immediately that the trade had been initiated. I then went to check to see if all contracts had traded... no position! What the...

Confused, it wasn't till I looked at the chart that I saw the spike. It was perfect (though unintentional) timing The whole traded completed so fast that the second alarm for the target having been hit was indicernable from the first.

It took me quite a few seconds to realise what had happened LOL

Keep trying to repeat it, but nah... once in a lifetime I reckon.

 

[iSPI]

Well done iSPI...nice trade
What were your reasons for buying 5035/41 ?

Thanks Bronte,
Well done to you too, especially sneaking in the short from 5035

What were my reasons????
I actually had a buy signal yesterday but some delays on some of my data
meant I didn't get a clearer picture until this morning.

With my system I calculate points that support my signals.
I typically have a get on board early point and safer entry.
5035 was the get in early and 5041 was the safer entry.
Buying 1 at each was just a lower my risk strategy rather then 2 at 5035.

This entry points are my own work, although at times they coincide with
Pivot Points, Gann and Fib etc

Regards

iSPI

 

[iSPI]

Well done !, so your still holding ? are you going overnight?
That 5141 did have me a bit confused
Bob.

Thanks Bob,

Yes I am holding overnight.
Sorry about the 5141, my typing skills are crap.....

 

[Bronte]

Thanks Bronte,
Well done to you too, especially sneaking in the short from 5035

You are a breath of fresh air iSPI
Welcome on board

 

[Bronte]

LOL
My fastest winning trade was less than 1 second.

Well done Wayne
My record is 10 seconds for 4 points.

 

[Bobby]

Well who got caught long on todays gap down ?

 

[iSPI]

Well who got caught long on todays gap down ?

lol That would be me ....
Well on 1 contract.. I exited 1 last night.
I expected a better day today, however it is Friday and traders get very
very nervous about weekends.

 

[Bobby]

lol That would be me ....
Well on 1 contract.. I exited 1 last night.
I expected a better day today, however it is Friday and traders get very
very nervous about weekends.

Hi iSPI,

I did'nt look at it last night & after sleeping in to 10am it came as a bit of a shock.
Congratulations on having the guts to say you still hold

 

[Bronte]

On Open:
ASX 5070.4
SPI 5030
-40 Points

 

[Bronte]

Todays SPI chart: