S szafar Junior member Messages 13 Likes 0 Dec 28, 2008 #1 Hi, Can someone confirm an ASX200 cash spike to ~ 4000 (approx 400 points) this morning? i.e. 29th Dec 2008 between 9:50 am to 10:00 am Sydney local time.
Hi, Can someone confirm an ASX200 cash spike to ~ 4000 (approx 400 points) this morning? i.e. 29th Dec 2008 between 9:50 am to 10:00 am Sydney local time.
D dcraig1 Experienced member Messages 1,604 Likes 243 Dec 29, 2008 #2 Futures spike. No I can't explain it, but there was a big spike just before the close on 23rd dec also. Possibly some buy stops being hit + something else.
Futures spike. No I can't explain it, but there was a big spike just before the close on 23rd dec also. Possibly some buy stops being hit + something else.
nine Senior member Messages 2,038 Likes 508 Dec 29, 2008 #3 Apparently some/all?? trades were busted on 23rd. Expect similar today perhaps.
S szafar Junior member Messages 13 Likes 0 Dec 29, 2008 #4 i had such a good hedge going (long stocks short futures) i guess you can't have stops if hedging. my fault learnt my 5000$ lesson!
i had such a good hedge going (long stocks short futures) i guess you can't have stops if hedging. my fault learnt my 5000$ lesson!
S szafar Junior member Messages 13 Likes 0 Dec 29, 2008 #5 23rd Dec was hardly 50 points spike! trhis one was for 300 points atleast. Why would anyone buy 300 points above limit orders i guess.
23rd Dec was hardly 50 points spike! trhis one was for 300 points atleast. Why would anyone buy 300 points above limit orders i guess.
D dcraig1 Experienced member Messages 1,604 Likes 243 Dec 29, 2008 #6 szafar said: 23rd Dec was hardly 50 points spike! trhis one was for 300 points atleast. Why would anyone buy 300 points above limit orders i guess. Click to expand... Over 200 point 1 min bar on 23rd. Are you referring to CFDs or spread betting ?
szafar said: 23rd Dec was hardly 50 points spike! trhis one was for 300 points atleast. Why would anyone buy 300 points above limit orders i guess. Click to expand... Over 200 point 1 min bar on 23rd. Are you referring to CFDs or spread betting ?
S szafar Junior member Messages 13 Likes 0 Dec 29, 2008 #7 Interesting, can't see 200 points bar on 23rd on any of my charts. Im referring to CFDs and charts are provided by IG markets.
Interesting, can't see 200 points bar on 23rd on any of my charts. Im referring to CFDs and charts are provided by IG markets.
D dcraig1 Experienced member Messages 1,604 Likes 243 Dec 29, 2008 #8 SPI fut: Attachments spi_spike.png 8.6 KB · Views: 374
