Trading the SPI

[Bobby]

bob-so does this mean when you are trading the SFE SPI you are trading a different spread than the actual SPI spread??

The spread is 3 points there way based on the SFE SPI real price, long or short to get set.
Got to go out for now , so talk to you later.

 

[spitrader1]

The spread is 3 points there way based on the SFE SPI real price, long or short to get set.
Got to go out for now , so talk to you later.

that is a licence to print money for them...

 

[Euler]

it was very good mag...just so everyone knows a couple of us had a really good chat today using the chat room, there was even a live trade included. Best education ive had so far using ASF

and it was a real trade ... off course a difference of opinion and different trading strategies and time frames ... but an excellent example without fanfare, "blowing my trumpet" or any smokes and mirrors ...

well done spi .... wish I had yr skills, nerve and street smart!!

 

[Bronte]

During chat this morning,
I was asked my opinion on todays trading range.
Expected Highs of 5252/53
Expected Lows of 5214/16
I said that I had been Selling &
gave a very good reason why.

 

[Magdoran]

Glad you liked it Mag! Maybe this internet thing should come with a warning-

"May contain traces of nuts, who make silly comments that can cause you to spill your tea"

Yes, or start a thread called “the nutty professor”!!! Mwahhahahaha!!!

 

[professor_frink]

During chat this morning,
I was asked my opinion on todays trading range.
Expected Highs of 5252/53
Expected Lows of 5214/16
I said that I had been Selling &
gave a very good reason why.

Didn't you say you were too busy to chat this morning

there were a few of us chatting for about an hour and a half and you were nowhere to be seen

Yes, or start a thread called “the nutty professor”!!! Mwahhahahaha!!!

Who told you what I look like?

 

[Bronte]

This is getting very tedious professor.
Please ask Joe to confirm my chat
session if you do not believe me.
Made a couple of points today.
Nice close to the SPI
Chart to follow:

 

[professor_frink]

im going to the chat room if anyone wants to join me

No thank you
This is our busiest time of day.

tedious? Why wouldn't I ask when you were in the chatroom I spent most of the morning in there and didn't see you. Seems like a fairly simple question?

 

[Bronte]

I was there professor.
It was after the open.

 

[Bronte]

Our busiest time is half an hour before the SPI Opens
when Battman draws up his day graph. I scan & email it out.

 

[professor_frink]

I was there professor.
Soon after the open. I think

Fair enough.

So just after the open, you were telling xxxx you were selling because you expected a move down to 5214/16?

 

[Bronte]

Today SPI chart:

 

[Bobby]

that is a licence to print money for them...

And if out of market hours its 5 points

 

[spitrader1]

Our busiest time is half an hour before the SPI Opens
when Battman draws up his day graph. I scan & email it out.

i dont know about anyone else but scanning a document on my dell pc and sending an email is at longst 5-7 minutes....and if it takes longer you guys are such big traders you should get ure secrataries to do it.

 

[spitrader1]

Today SPI chart:

i know u spend time on posting these charts bronte, so im not going to bag you straight out....Personally i find them completely useless, but thats just me...its like ure posts in the morning saying the DOW went up or down...i can find that a thousand different places for free. If anyone else finds them usefull, well thats one person so its a valid post, but if no one else does, please cease.

 

[nat]

The spread is 3 points there way based on the SFE SPI real price, long or short to get set.
Got to go out for now , so talk to you later.

hi there ,ive just joined up with ig markets ,ic the spread is 3 points on the futures ,but is only 2 points on the asx 200 index .
Looking at both prices they move exactly the same so maybe get signal for trade off of futures but trade the index ?What im going to attempt anyway.
Nathan

 

[doctorj]

Apologies for cross posting this, but it might be useful for someone such as yourself considering getting into futures.

SFE Simulator (http://sfetradinggame.if5.com)
As it sounds. Gives you access to free live data, but only trades during the day session.

RapidSP (http://www.tradingsimulatorsoftware.com/)
Free 15 day trial capable of supporting stocks, currencies and futures. Download free data from their website.

 

[Bobby]

hi there ,ive just joined up with ig markets ,ic the spread is 3 points on the futures ,but is only 2 points on the asx 200 index .
Looking at both prices they move exactly the same so maybe get signal for trade off of futures but trade the index ?What im going to attempt anyway.
Nathan

Hello Nat,
I'm now short at 5273 (index future ) no stop set ! :

See your idea but you need more signals I think, keep an eye on the real XJO,
BHP as well.

Bob.

 

[nat]

hi bob ,yeh i got a demo of cklocke at moment ,with live charts with vol and another chart of the index beside it live,mini futures of ig very similar to real except for spread, the index not quite right ,at least prices for ig some where near the real ones ,cmc all over the place ,from day to day,the pivot points on cmc work but for some reason .No cfd place seems to run vol on there cfd futures,does that mean it gives an edge against them if we had vol ?
Nathan

 

[nat]

Where you thinking its heading to bob ,about the 5265 to 5260 area?
Nathan