SPI @ OPEN 230409 - Blogs - Aussie Stock Forums

View RSS Feed

Intraday Index Trading: SPI & FTSE

SPI @ OPEN 230409

Rate this Entry
feeling long this morning

we'll see if around open time we get a set-up at the yellow circle 3650-3660ish

expectation of move up to 3730ish . . . or more?

all depends on how the open pans out

Submit "SPI @ OPEN 230409" to Digg Submit "SPI @ OPEN 230409" to del.icio.us Submit "SPI @ OPEN 230409" to StumbleUpon Submit "SPI @ OPEN 230409" to Google

Updated 24th-April-2009 at 04:00 PM by James Austin



  1. James Austin's Avatar
    de ja vu . . .

    at open SPI heads straight to 3720 = resistance and a worthy exit target.

    . . . missed fill; was waiting for entry around base ML.

    this entry opportunity did occur as the chart shows, but only if you are trading at 6am, . . . i'm not!!

    note: the desired entry is where price intersects the base ML. I can take a trade above there, but it is open to higher risk; price may decide to retrace hitting my SL then continue in the anticipated direction

    hence i aim for the highest probability entry, anything less in the long run will ensure an unprofitable trading system, . . . and we dont want that.

    so if i miss my set-up, then tough,
    i wait for the next one.


Total Trackbacks 0
Trackback URL:
Aussie Stock Forums