Trading the SPI

[spitrader1]

not sure euler, its a tough one today, im almost happy to log out and be happy for the weekend...i wouldnt be surprised to see the market rally back up to the 5240 level, then over lunch fall by the wayside back down to 5220's before finishing around the 5230 level, but then again, and this why i only trade the open and the close, i could be very wrong.

COULD I HAVE BEEN ANY MORE CORRECT??

 

[Bobby]

COULD I HAVE BEEN ANY MORE CORRECT??

Impressive call Spitrader!

Regards
Bob.

 

[spitrader1]

Impressive call Spitrader!

Regards
Bob.

thanks bobby, had some work to do and couldnt believe it when i logged back on this afternoon...hehehe

 

[Bobby]

thanks bobby, had some work to do and couldnt believe it when i logged back on this afternoon...hehehe

My congratulations again ! keep posting .
When you pick it wrong So what, just keep going

Regards Bob.

 

[Bobby]

Some time ago I mentioned the fact that there is no regulatory control on insider trading that apply to futures in Australia like in the US.
Now why do you think that is ?

Hint : Think of the advantage a US institution could have taking positions on the SPI.

Bob.

 

[spitrader1]

could be a ho-hum day today guys, might just sit out, i think the market will be pushed around by order flow, which is never good to trade...

 

[spitrader1]

could be a ho-hum day today guys, might just sit out, i think the market will be pushed around by order flow, which is never good to trade...

+2 @32, ill see what happens, 25 stop loss...

 

[spitrader1]

+2 @32, ill see what happens, 25 stop loss...

out at 37 for a quick scalp, i think there may be an opportunity here as well just before the cash opens.

 

[Euler]

COULD I HAVE BEEN ANY MORE CORRECT??

.. also very impressed spitrader ....well called. When others were calling big move day (not necessarily on here btw), you nailed it. And thanks for the comments re today .... will look on with interest and devour it as part of the education process.

 

[spitrader1]

.. also very impressed spitrader ....well called. When others were calling big move day (not necessarily on here btw), you nailed it. And thanks for the comments re today .... will look on with interest and devour it as part of the education process.

cheers euler....thats it for me today folkes......i cant see a big move either way today, possibly on the downside if anything due to lack of interest!! im off to the beach

 

[Bronte]

Keep up the good work lads.
Nice to see a new High

'Trading the SPI'
We will soon get back to 2000 posts at this rate

 

[Bronte]

Fridays timeframe High is looking very good

 

[spitrader1]

Fridays timeframe High is looking very good

does anyone else know any other spi trading forums out there.....this just aint cutting it at the moment....hardly anyone seems to be posting!!

 

[Bobby]

does anyone else know any other spi trading forums out there.....this just aint cutting it at the moment....hardly anyone seems to be posting!!

 

[Bobby]

Unknown direction with no big move today ? yep maybe.
Not the time to try a straddle buying SPIDO puts & calls at the same strike.

Bob.

 

[Euler]

Looking for a test of 40 ... if it fails then will go short

 

[Bobby]

Looking for a test of 40 ... if it fails then will go short

Whats your timing on this ? Euler.
Looking hard at the short now.

Bob.

 

[Euler]

Whats your timing on this ? Euler.
Looking hard at the short now.
Bob.

off 5 & 15 min chart ... didn't get there

 

[Euler]

off 5 & 15 min chart ... didn't get there

was looking hit 40 or 1 point under (not over!) and rejection. got to 38 and I suppose i should have been happy with that (20/20 vision is a wonderful tool!) but decided not to chase it after it just missed my target.

 

[Euler]

off 5 & 15 min chart ... didn't get there

lol ... anyone take it? ... if you did ... well done!!