spi road map page 3, page-5

Thanks once again Acouch. I find it so valuable.


With this market at the moment, I find it so difficult to look past a day, and I think it is only nievaty which causes people to feel differently.

I traded the speculative end of the market for man years and realistically the only time I could sustainably profit was when there was world stability, like 2007 when the DJIA was so stable that noone even bothered to wonder what it would do over night because yo knew it would be either flat or up.

Whilst it is working for many at the moment, the chances of wild volitility which sends over night trades out the door are just too great.

Anyway I am happy trading the daily moves in the XJO at the moment and your resistance support areas are magic.I close out each day and sleep like a baby.

Still finding early day easier placing orders with 10 point profit limit where I see early support.

Of course it is then difficult to see the trend for the day ,like yesterday, but I don't enter any new trades between 1-3 and as in yesterays case, always realise the potential for a wild reversal.


The hardest days are when there are impulse moves such as Wednesday, which traded up through each of your top numbers.


I also grapple with the feeling I need to look for longs above and shorts below, and tend to do it the other way around.


Would be interested in how you trade a day like yesterday or Wednesday?


Cheers