Trading the SPI

[Bronte]

All use a form of dynamic supp/res (e.g pivots, Gann, "binomials", fib etc)
Gann is not unique

Agreed Wayne,
It is the trader not the tool.
Gann works very well for us

 

[wayneL]

Yep I know nothing

But that must be why I'm doing Ok

Thanks battman !

Bobby,

[dichotomic esotoric BS]sometimes the more you know the less you know [/dichotomic esotoric BS]

K.I.S.S.

 

[Bronte]

You have to admit Wayne that they work extremely well.
This thread if full of successful Gann Support / Resistances.

No one is disputing this

 

[Bobby]

Bobby,

[dichotomic esotoric BS]sometimes the more you know the less you know [/dichotomic esotoric BS]

K.I.S.S.

Yes thanks Wayne, its the obstruse & secret obscure initiates that are restricted To gann followers ? bronte/battman = dichotomic :

He he Bob

 

[wayneL]

Agreed Wayne,
It is the trader not the tool.
Gann works very well for us

Do you see the incongruity in this statement?

It is the trader not the tool. It's NOT the tool.

Gann works very well for us. It IS the tool.

:homer:

 

[wayneL]

Standard Floor Trader Pivots work too \/

 

[yogi-in-oz]

Hi folks,

Actually September 22 is the HALFWAY mark through
Gann's trading year, as the four seasons marked
the major divisions in his trading year.

Today, Gannsters are watching US markets closely
for a number of reasons:

Firstly, some major Gann time cycles comes into play,
from other significant market lows.

Next, due to the 19-year Metonic cycle, we have a
solar eclipse today (in South America?), just as we
had on this day in 1987 ..... !~!

In 1987, the market crash came in October ... this year,
we will be looking for news of a significant event, around
23-24 October 2006 (water-related, on USA west coast???) ...

As previously posted, in the event of a crash, we will be
looking for lows around 07 November 2006, with another test
of the lows, about 17 November 2006 ???.

..... after that, our XJO should rebound quickly, with
some good gains to finish off 2006 and continuuing into
mid-February 2007 (???) .....

have a great weekend all

yogi

 

[pacer]

In the event of a crash....which some think will happen next month........CFD's....one long ,one short...even money mmmm ..Long MBL and short CBA since tuesday looks ok so far....your opinins are well appreciated.

 

[nelly]

I have a bourban in hand and ........it HURTS like HELL!!!!!!! :error:

 

[nelly]

Wot r u doin' up Pacer?.....get 2 BED!

 

[Pager]

In the event of a crash....which some think will happen next month........CFD's....one long ,one short...even money mmmm ..Long MBL and short CBA since tuesday looks ok so far....your opinins are well appreciated.

My

This time every year there is talk of a crash, the October thing , unless something is coming out of the blue i really cant see why the aussie market would crash, most big Aussie companys are on a roll profit wise, historicaly the P/E for the ASX 200 as a whole is very low, dividend yeild high.

I would go with the flow up or down trading the Spi but as im off to sunny England for 3 weeks will miss all the fun should a bit of high voitility hit the markets.

Cheers

Pager

 

[tech/a]

I am no expert in Gann having only learned the basics with SITM a few years ago, but did learn enough to understand that Gann levels usually mean a confluence of various calculations and not just previous tops and bottoms as in Wikipedia. To name just a few, the calculations may include: percentages of highs and lows, percentages of previous ranges, squaring of time and price, and some incorporate the use of various Gann squares, etc, etc...

To me the word "Gann" is simply an adjective describing the type of analysis that has been used to derive that particular support or resistance area. Just like "Elliot" is used to describe his wave system and "Darvas" is another - and we accept that specific analysis and rules have been applied.

Hope that helps!

sails.

Thanks.
I see it has been helpful for others as well.

Confluence of time and price I believe can be calculated from various highs and lows over wide or shorter periods.
This gives pressure points I believe is the terminology,and are calculated using principles of Gann and as such are exclusive to Gann analysis.

Is it possible to have a chart (ASX 200) with these various points of interest upon them?
That would be a practical demonstration in my view of accuracy which can be evaluated after these confluences pass by.

Gann analysts are very sure of the accuracy of their analysis,and as I have said before I have seen this demonstrated in hindsite but never with even mediocre accuracy going forward.

To stir interest in this form of analysis and give it a sence of credibility,as being something worthwhile studying,why is this too much to ask of those who practice Gann?

 

[Bronte]

Wow!
Lots of interest here this morning

Dow down -25.1 points
Sycom had a high of 4998
Low 4965
Now 4966

 

[Bronte]

Since this mornings action we have traded in a very tight range.
What trading opportunities will "Happy half Hour" provide?
A break to the upside maybe?
Gann Resistance starting at 4997

Sell: 'Gann Resistance'
Buy: 'Gann Support'
Hide your stoploss.
Make money $$$$
Simple really

Every time we issue/post a Gann Resistance / Support Level....
(certainly not always here at ASF)
Some SPI traders somewhere trades them. (Buy / Sell)
Nearly ten years of trading these Gann areas.
We have to be very careful of what we say
SPI Sycom chart:

 

[Frank D]

Budfox,

That’s from the movie Wall Street?

I used to talk nearly everyday for about 6 months on the phone and skype to a guy who loved that movie. I’m just wondering if you’re the same guy because you seem to be a little bit sensitive about my comments regarding Index select.

The interesting part is I had a falling out with the same person about 4 weeks ago and stopped talking to him completely. The other interesting part is looking at Index Selects results for September on SPI. Just a coincidence.

Just to let others know I’m the biggest fraud there is, and make nothing from my trading over the years, my methodology sux, and my systems are useless.

However, it seems that there are now hundreds around the globe directly and many more indirectly now using higher timeframe, multi-timeframe dynamic pivots, ranges bars and developed systems based on what I have told them.

I don’t think I have to apology for anything, because if you are that same person, you should be thanking me. If you are not that person and subscribing to Index Select then indirectly you a profiting from my work.

Just to let you know that there are other SMS services that have now popped up around the globe, the difference is, they at least acknowledge the model and they all know where they came from. I'm happy for them.


This is the reason why I stopped visiting forums and posting in forums. I’ll take my thoughts and wander off into the sunset. Adios!


Frank

 

[Bronte]

Sell: 'Gann Resistance'
Buy: 'Gann Support'
Hide your stoploss.
Make money $$$$
Simple really

Every time we issue/post a Gann Resistance / Support Level....
(certainly not always here at ASF)
Some SPI traders somewhere trades them. (Buy / Sell)
Nearly ten years of trading these Gann areas.
We have to be very careful of what we say

"Trading the SPI"
Great thread this one

 

[Bronte]

Yes iSPI we have a timeframe day today as well.
If this High holds 5105 we will have some fun.

Well our timeframe held

 

[ducati916]

tech/a

Gann analysts are very sure of the accuracy of their analysis,and as I have said before I have seen this demonstrated in hindsite but never with even mediocre accuracy going forward.

To stir interest in this form of analysis and give it a sence of credibility,as being something worthwhile studying,why is this too much to ask of those who practice Gann?

Gannism, has many of the elements associated with a cult.
The predominant finding in studies performed on cults, has been the total lack of documentary evidence in support of the premise or thesis.

This of course in of itself is no evidence that the methodology is flawed, just that it is extremely difficult to find live examples outside of paying for it.
I would suggest that if you have just paid $XXX for an instructional course, that your inherent bias is such that you are predisposed to positive attribution.

To trade it live, in the manner of say TT, would remove the veneer of self-delusion, and expose the reality to the cold light of day, or, provide the evidence that in point of fact, Gann is the man, and we are all really peanuts in disguise.

I won't hold my breath.
The excuses will be myriad.
Some will sound plausible.
The net result will however = no live demonstration.

jog on
d998

 

[Bronte]

Hi duc,
Not sure of what you are saying here....
Once again please in my language

 

[ducati916]

Bronte

I am simply informing tech/a that he might as well pack up his tent, and move to more fertile ground.

All the Gann practitioners, on a number of stock trading sites, around the world, have signally declined to provide a trading log in the manner of TT.
Nothing that I have read on this thread, convinces me that anything is about to change.

Therefore, this thread can be left to it's own devices, and the chips will fall where they will.

jog on
d998