tech/a
No Ordinary Duck
- Joined
- 14 October 2004
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We NEVER let a profit turn into loss.
Especially +11 per contract trades in 30secs.
Yes a lot are
So why the stop at B/E
Why the expectation of 26?
How do you get there to any target without getting B/E stops occurring
particularly when you NEVER let a profit turn to a loss---in a B/E trade then the brokerage is a loss?
lol:jerry:jerry:jerry lol
4) SPI opens higher then reverses then continues higher
Opened at 5360 reversed to 5349 then continued higher to: 5367
Now 5352/3
4)
NYSE Dow Jones Finished up 91.06 + 0.51 % (17,810.06)
SPI Sycom 5371 H Closed at 5360
Triple Top: 5371 5371 5371 Sycom
Possible Gap to close 5338 High
Directional Day due......
Target 5326
Ideal position for my stoploss above Sycom High
Sell 5359 Limit
Looking for Breakeven asap.
Good luck SPI traders.
Any other SPI traders keen to speculate on tomorrow mornings Open ?
Bronte sorry I just don't see that in your post below here?
No need to apologise tech/a
Its in your 9.17 post but that's after its all happened.
You were looking at a directional day and at 26 that was lower.
Bronte what's the chart code?
tech/a Do you even trade the SPI ?? You asked for the code ??
We have been 'Trading The SPI for 20+ years'.
Please don't get angry with me---
We are not at all angry with you tech/a.
You are near retirement age and your choice is to work.
We are ten years younger, and our choice is to trade 'The SPI'.
We are just so very different.... good luck.
Good morning tech/aChina is stimulating it's massive economy ----- Australia has just brokered a free trade agreement with it's biggest customer.
Only one direction.
NYSE Dow Jones Finished up 7.84 (17,817.90)
SPI Sycom Closed at 5351
Possible Gap to close 5338 High Closed
Directional Day due...... Very Strong Downwards Directional Day after our timeframe High
Target 5326 Provided Strong Support +19
Now 5301 Low
BingoNo a Direction Day is due.... (doesn't have to be today).. tomorrow after our timeframe. maybe ???
Good morning tech/a
This was an easy call to make.
We can all see now that it is not looking good..... true?
5389 High
5301 Now Down -88 Points
Bingo
We feel that it is important to mention here that the SPI is very difficult to trade for 'amateurs'
It is said that the Open even more so..........
It is often quoted that the SPI "Will do whatever it takes to ensure that the majority of traders get it wrong"90 per cent of active futures traders will lose their risk capital within 90 days. So they say.
Up 29 points, Down 88 points ?That was an easy call to make.
We can all see now that it is not looking good..... true?
Would have been much more impressive had you called this at 7 eastern time this morning.
Easy to hind site this which you do with great gusto.
We did, just not on this forum, please do not ask. lol
We had a directional day yesterday AND today. So you definitely got that right!
Thank you. Actually we do not class yesterday as a Directional Day + 11 / - 29 (From Open)
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