Trading the SPI

• 27 July 2006

• #41

A

Ageo

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nice scalp mit, this rally just doesnt want to end lol

seems manipulation hardcore.

 

• 27 July 2006

• #42

Bronte

Trading The SPI for 20+ years

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mit said:

Out at 4990. See if it changes now
MIT

Click to expand...

Hi mit,
What are you trading?
The SPI hasn't seen 4990 ????

 

• 27 July 2006

• #43

Bronte

Trading The SPI for 20+ years

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Low 4884
High 4984
100 point rally

 

• 27 July 2006

• #44

mit

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I've been saving the A200 as snapshots and looking at the daily shape and from 2 until 2:40 it seems to be a fairly consistant trend. It would have been nice to catch 4996 though.

From 2:40 it looks as though another wave of traders come on board and you can see this now. When they make up their mind another trend should start.

MIT

 

• 27 July 2006

• #45

A

Ageo

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Bronte said:

Hi mit,
What are you trading?
The SPI hasn't seen 4990 ????

Click to expand...

he's trading CFD's the aussie200

 

• 27 July 2006

• #46

A

Ageo

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mit said:

I've been saving the A200 as snapshots and looking at the daily shape and from 2 until 2:40 it seems to be a fairly consistant trend. It would have been nice to catch 4996 though.

From 2:40 it looks as though another wave of traders come on board and you can see this now. When they make up their mind another trend should start.

MIT

Click to expand...

hope so, as it doesnt look convincing that a reversal will kick in and if 1 does only a small 1 at that.

 

• 27 July 2006

• #47

mit

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Starting to look like a trend down. Might be good for a few pips. Short at 4989

 

• 27 July 2006

• #48

A

Ageo

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mit said:

Starting to look like a trend down. Might be good for a few pips. Short at 4989

Click to expand...

not enough confirmation for me.

but i hope it free falls for both of our sake

 

• 27 July 2006

• #49

Bronte

Trading The SPI for 20+ years

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Bronte said:

Low 4884
High 4984
100 point rally

Click to expand...

You gave us scare mit

 

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• 27 July 2006

• #50

Bronte

Trading The SPI for 20+ years

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We sold our SPI Resistance 4984
Stoploss was 4990

 

• 27 July 2006

• #51

A

Ageo

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is it me or does it look like it might be pushing up a tad further

 

• 27 July 2006

• #52

Bronte

Trading The SPI for 20+ years

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mit said:

Out at 4990. See if it changes now
MIT

Click to expand...

&

 

• 27 July 2006

• #53

S

Sensei

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....... watch the negative divergence!

 

• 27 July 2006

• #54

A

Ageo

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ill give it to 3:30pm (Sydney time) to reverse, if not i think it will mellow out for the day. Although i have seen last minute changes

 

• 27 July 2006

• #55

A

Ageo

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Ageo said:

is it me or does it look like it might be pushing up a tad further

Click to expand...

materials sector is racing up. Which usually pushes up the A200.

I cant get over this, amazing if you were long from the open

 

• 27 July 2006

• #56

A

Ageo

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took the plunge and went short @ 4986.


lets see what happens

 

• 27 July 2006

• #57

S

Sensei

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doesn't look convincing just yet .... need confirmation that it's not a false breakout.

 

• 27 July 2006

• #58

S

Sensei

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doesn't look convincing just yet .... need confirmation that it's not a false breakout.

PS ... is this server very slow or is it at my end?

 

• 27 July 2006

• #59

A

Ageo

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server is very slow

 

• 27 July 2006

• #60

S

Sensei

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Thanks Ageo .. sorry for the doubleup message