Bronte
Trading The SPI for 20+ years
- Joined
- 30 July 2005
- Posts
- 1,525
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We have to be so very careful of questions like this..... 'hindsight'
So we are only discussing and Trading The SPI (Open) here.
We have to be so very careful of questions like this..... 'hindsight'Hi, at this point do you have any swing positions from yesterday or today ?
Cheers
Directional Days are when the train leaves the station and keeps on moving........
If this is the case and the SPI has moved away from strong 'Support or Resistance'
then we move our stoplosses to 'Breakeven' sometimes taking some profit and reducing our contracts.
How many contracts do we Buy or Sell ?? This depends on the trade and level of: Risk:Reward
Time is very important in our analysis. We also consider Gaps, Double Top/Bottoms etc etc etc
Think of the train at the station, it may rock backwards and forwards slightly whilst waiting for passengers to get on. (traders)
When the train leaves the Station (Open or Strong Support / Resistance) it shouldn't look back.
Think of the train at the station, it may rock backwards and forwards slightly whilst waiting for passengers to get on. (traders)
When the train leaves the Station (Open or Strong Support / Resistance) it shouldn't look back.
Wow that's a direction.
see where it is at the close.
Bronte.
Post what your going to do
Not what you've done. ????? lol
Much better for credibility.
It is often quoted that the SPI is "Opened by amateurs, closed by professionals"
My intention is to use this thread as a place for preopen SPI discussion.
Any / all market calls will be made before the SPI opens. 09:49:30
A maximum Stoploss of eight points will be used, at all times.
Only the exits will be live.
All SPI traders are welcome to post.
Please enjoy......
We have to be so very careful of questions like this..... 'hindsight'
So we are only discussing and Trading The SPI (Open) here.
Hi stun, Welcome to this thread and 'Thank you' for your interest.
Unfortunately we are not allowed to discuss: What we have done .....sorry.
SPI Opened today (EOM) @ 5388
Rocked backwards and forwards slightly (90H) then headed South at 'great' speed, and didn't look back.
We have seen 5330 Low. Down 58 points
A nice example of a 'Directional Day' tech/a
Risk of -8 points : Possible Reward of +58 points
Any / all market calls will be made before the SPI opens. 09:49:30
Bronte
How's the Directional day going?
Was yesterday directional?
Is today?
Do you need 2 or three or more in a row?
The majority of our recent posts have been just to answer your questions.
Lol, Friday afternoon joke........:topic I know.
What is the difference between God and our very own tech/a ?
Nice try burglarlol
Anyone else ????????
What is the difference between God and our very own tech/a ?
Hi stun, Welcome to this thread and 'Thank you' for your interest.
We decided early in this thread not to discuss: 'What we have done' .....sorry.
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