FRIDAY 14/02/2014 SYSTEMS & INTRADAY

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  • #4439
    Khalsa
    Moderator

      SYSTEMS FOR FRIDAY 14TH FEBRUARY 2014

      Hi all,

      Recap ….

      Intraday wise …. I banked 0 points in spoos today.

      I have 1 short in Ftse, 16 shorts in spoos and 2 swing positions open.

      Onto today …

      KP
      None in play.

      KTB

      We have a KTB triggered at close on 05/02/2014.
      It is now negated after DAY3.

      KTS
      We have a KTS triggered at close on 10/02/2014.
      TODAY IS DAY4.

      SYSTEM BDIP

      We have a BDIP triggered at close on 11/02/2014.
      TODAY IS DAY3.

      DAY1… We got a low of -2.25.
      DAY2… We got a low of -15.00.
      DAY3…
      DAY4…

      We have a BDIP triggered at close on 07/02/2014.
      It is now negated after DAY4.

      DAY1… We got a low of -7.25.
      DAY2… We got a low of -1.25.
      DAY3… We got a low of -2.25.
      DAY4… We got a low of -15.00.

      We have a BDIP triggered at close on 06/02/2014.
      It is now negated after DAY4.

      DAY1… We got a low of -8.75.
      DAY2… We got a low of -7.25.
      DAY3… We got a low of -1.25.
      DAY4… We got a low of -2.25.

      DDUD

      None in play.

      SYSTEMS TRIGGERED

      SYSTEM ESF
      CAN BE A TRENDING DAY. IF NO +3 AND THEN IT TRADES <-4, IT CAN THEN TREND DOWN. LIKEWISE IF NO -3 AND THEN IT TRADES >+4, IT CAN THEN TREND UP.

      SYSTEM ESL1
      MORE CHANCE OF DOWNSIDE THAN UPSIDE, USUALLY TRADE POSITIVE AT SOME POINT, NORMALLY GET -3, IF NO -3 THEN RARELY CLOSE AT HIGHS, UPSIDE UNSUSTAINABLE & CLOSE WITH LITTLE CHANGE ON THE DAY. CHANCES OF -7, -10 & -17 ALSO. THE CLOSE CAN BE VERY ERRATIC. ALSO AFTER THIS SYSTEM THERE IS ANOTHER CHANCE OF A -3 THE NEXT DAY

      ES17B

      ES92

      SYSTEM SPXF
      MORE CHANCE OF A +3 THAN A -3. IF SPX GAPS DOWN THEN IT USUALLY NEGATES THE POSITIVE CALL AND CAN BE A NEGATIVE SYSTEM

      SYSTEM SPXL1
      VERY ERRATIC SYSTEM IN TERMS OF HIGH/LOW/CLOSE. USUALLY IS A DOJI DAY WITHIN +5 / -5. TRADING > +5 USUALLY CLOSES POSITIVE, TRADING < -5 CLOSES NEGATIVE. THAT’S WHEN IT BECOMES A TRENDING SYSTEM

      Spoos closed at 1824.25 (basis Mar)

      K+3 = 1827.25

      K-3 = 1821.25

      Conclusion

      We have NO KHC SYSTEMS in play.

      We also have a KTS DAY4 & BDIP DAY3 in play.

      Plan your trade, trade your plan!

      #4440
      Khalsa
      Moderator

        Hard to guess their plan on crooksday.

        The BULL has crooksday up and WNER up.

        No KHC -ve’s, but we have a KTS and BDIP combo that kicked in yesterday in terms of low print so a definite chance of -5/-7 on the face of it, but nothing more to say.

        As it stands it is in an UPTREND and MAD UP. In that MODE they buy any dips and thats if you get a dip to buy.

        Not in the mood to add to shorts and not in the mood to long here.

        Lets see globex action overnight

        Plan your trade, trade your plan!

        #4441
        MAURITIUS
        Participant

          Evening all,

          Well systems seem vaguely negative. Am hoping it gives up this mad mode tomorrow as my shorts from average 1785 aren’t enjoying it here.

          I just been out for a beer and even this chap who makes furniture thinks the end is nigh. He was telling me about concentration camps they intend to set up in The US once the sh*t hits the fan. he did whoever say ‘when?’…thats it…we can be dead right, but if spoos goes to 2200 and kills us first before 1000 then so what?

          Day to day is good apart from when what is happening now happens. Gap fill failed one day. Then MS failed (for now) and it is up more despite kts and bdips. It’s a killer but MS AT 1785 gets me breake even.

          I think we go much much lower to be honest. Even 14xx print would not surprise me in the next few weeks/months. I am happy to feed these shorts for now. I am hoping the 1846 zone high is the high.

          Dan.

          #4442
          Qman
          Participant

            It’s of little consolation but I’m in the same boat Dan.

            working all day yesterday so read a global market report last night – US retail sales fall, jobless claims up, stocks rally???????

            very frustrating at the moment

            #4449
            Qman
            Participant

              Industrial output down – more bad news – watch it fly lol

              #4450
              Khalsa
              Moderator

                Well here we go.

                The opening looks weak imo.

                Short 1824

                 

                 

                Plan your trade, trade your plan!

                #4451
                Khalsa
                Moderator

                  Sadly I was far too slow to react as the opening RTH high was 1827.25.

                  Plan your trade, trade your plan!

                  #4452
                  Khalsa
                  Moderator

                    Oh dear I got sucked in.

                    I still feel this looks weak and hence although it might not go much down, it should not go mad today

                    Plan your trade, trade your plan!

                    #4453
                    smashie212
                    Participant

                      Isn’t there another gap left open above @ 1844 ish ?

                      #4454
                      Khalsa
                      Moderator

                        Oh very dear.

                        It is unshortable.

                        Very happy with my entry so not going to even think about cutting.

                        Plan your trade, trade your plan!

                        #4456
                        Khalsa
                        Moderator

                          Isn’t there another gap left open above @ 1844 ish ?

                          Not that I can see Smashie.

                          There was one at 1846.25, but a week later we hit 1845.75 so for me that has filled.

                          Ah I see the one you mean. It is at 1839.

                          I really need to start noting these again.

                          Plan your trade, trade your plan!

                          #4457
                          Khalsa
                          Moderator

                            I cannot see how its worth me sitting here today.

                            This is on a real proper mission to be somewhere I really do not know where

                            At times like this you just got to let them do their thing

                            Looks and feels like a pump to me.

                            If I was to add it would be 1833 (we just hit 1832.75)

                            Plan your trade, trade your plan!

                            #4458
                            smashie212
                            Participant

                              <div class=”d4p-bbt-quote-title”>smashie212 wrote:</div>
                              Isn’t there another gap left open above @ 1844 ish ?

                              Not that I can see Smashie. There was one at 1846.25, but a week later we hit 1845.75 so for me that has filled. Ah I see the one you mean. It is at 1839. I really need to start noting these again.

                              yes that’s the one, thanks kman.

                              FYI, President holiday monday feb 17th

                              #4459
                              smashie212
                              Participant

                                Ideally I would like to short between the next gap fill and the last high, that said one look at NAS tells you maybe new highs yet to come..

                                #4462
                                MAURITIUS
                                Participant

                                  I hate it when they get in this mode…. Like u say no point watching Kman.

                                  The one thing that I am happy about is an open MS target at 1785. Given we are so advanced inlonger term timeframe I think it has to hit. It’s not as if we will never see it. There again we may face scenic route and pain for shorts first. If there was no MS target below I would be more worried. There again I would have less shorts if there was no MS.

                                  Retrace from 1731 to 1833 after previous high 1846 (I think). I suspect it does 100% now it’s got this far but would love to be wrong….

                                  Dan.

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