Trading the SPI

[Bronte]

SPI now 5286

Our target for today is 5295
Resistance starts here for us.
Ref. PM's & Chat

 

[Bobby]

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 I don't think you will see any vol regarding CFD futures as the spread is just a price on offer nothing more.
As you said IG price seems to almost mirror the SPI.

Yep I think its on its way down soon, not sure how far yet.
BUT don't follow me as I may well be very wrong !

Bob.

 

[nat]

No def not following just curiuos.NAthan

 

[Bronte]

Hope you have a good 'ticker' Bob
The SPI is still going up
5288 High

 

[Euler]

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.

.. you got a stop set yet bob? Not sure how far this wll take it .. but broke all up resistance so far ... i got 87 as next resistance ... others have 91 ... if it takes those out may test prev all highs.
If yr watching it then ok ... good luck.

 

[Euler]

... meant to add .. and it looks strong!!
but i could be soooooooooo wrong!!

 

[Bronte]

Hope you have a good 'ticker' Bob
The SPI is still going up
5288 High

New High 5289

 

[Euler]

hmmm?? .... Bronte, just went to reply to a post of yrs but when i refreshed it wasn't there. you asked me to confirm a comment this a.m. ... anyway for what it's worth ....

I said that I was looking to short. You offered words to the effect "watch 5295 ... either this afternoon or tomorrow". I stated I had my resistance level at 87.

hope that helps.

 

[Bronte]

Our target for today is 5295
Resistance starts here for us.
Ref. PM's & Chat

Thank you.

 

[Euler]

Had an idle moment and found this .... not sure if it helps anyone .....

http://toptraderthinking.podomatic.com/entry/2006-10-09T15_23_06-07_00

.............. feed and exercise the brain everyday!!

 

[Euler]

Had an idle moment and found this .... not sure if it helps anyone .....

http://toptraderthinking.podomatic.com/entry/2006-10-09T15_23_06-07_00

.............. feed and exercise the brain everyday!!

or maybe a better one ....

http://toptraderthinking.podomatic.com/entry/2006-08-10T16_34_36-07_00

 

[Bronte]

Our target for today is 5295
Resistance starts here for us.
Ref. PM's & Chat

5295 High Got it
Now 5289 +6

 

[Bronte]

5285 +10
I will post the SPI chart later

 

[Euler]

5295 High Got it
Now 5289 +6

somethings wrong .....
you posted yr closed trade at 4:04 ... but 89 wasn't hit till 4:06:02 according to my broker ... either broker is wrong, timestamp wrong or ????

 

[Bronte]

I can give you the exact time.....hold on

 

[Bronte]

I can give you the exact time.....hold on

11/10/2006 14:03:42
5295 High
Now 5276

 

[Euler]

5295 High

.. but good call on 95

 

[Bronte]

somethings wrong .....
you posted yr closed trade at 4:04 ... but 89 wasn't hit till 4:06:02 according to my broker ... either broker is wrong, timestamp wrong or ????

I Sold 95 not 89 Euler....as posted

 

[Bronte]

We will see the times on the SPI chart.

 

[professor_frink]

are you going to cover or hold it o/n bronte?

Nice call by the way