APS M7-SFE D.P. Trade

[Cyber56]

Nice Decision Point trade on the overnight Australian SPI Futures (June Contract) !!!

Result: +8.6 times profit on the close.

{Note: minimum tick movement = 1; tick value = A$ 25}

[ericd2281]

Is there any liquidity in that contract after standard trading hours?

I have been watching along during normal hours and it looks to be 'thin' sometimes.

Any ideas?

[Cyber56]

Hello Eric,

Your right, it is a thinly traded contract after hours.
Just thought I would point out that there was a similar opportunity on the SPI to the D.P. trades that Steve pointed out on the emini's.
Probably safer to stick to the normal trading hours !!!

[Tony Beckwith]

Talking of trading the SPI during regular hours...

This beautiful TS1 buy set-up unfolded today on the 5 minute June07 index futures.

Simple ABC correction completing in Typical price support; blue buy bar (in fact, a lower risk 2nd chance); R/R at Minimum price target +1.9x (though clearly above +2x at the higher Typical price target which can be used in a TS1 set-up)...

Result: +6x profit, using the ATR trailing stop!!!

As you guys have said before, you don't get a flood of set-ups on this market, however real peaches like this one do happen.

Thanks

Tony.