FRIDAY 01/05/2015 SYSTEMS & INTRADAY

[Khalsa]

SYSTEMS FOR FRIDAY 1ST MAY 2015

Hi all,

Recap ….

Intraday wise …. I banked 29 points in ES today.

I have 2 longs in oil, 1 short in Dax, 4 shorts in spoos and 2 swing positions open.

Onto today …

KP
None in play.

KTB
None in play.

KTS
We have a KTS triggered at close on 16/04/2015.
TODAY IS DAY11.

SYSTEM BDIP
A BDIP has triggered at close on 29/04/2014.
TODAY IS DAY2.

DAY1… We got a low of -28.50.
DAY2…
DAY3…
DAY4…

DDUD
We have a DDUD season triggered at close on 09/04/2015.
IT IS NOW NEGATED AFTER DAY3.

SYSTEMS TRIGGERED

ESH1 NEXT DAY (KHC+3)
USUALLY GIVES +3, IF IT GAPS DOWN THEN IT CAN GIVE A DDDD AND THEN BOUNCE AND MAKES A +3 LESS LIKELY.

ES 5C NEXT DAY (KHC+3)
SHOULD GIVE A +3

SYSTEM 81A ND (KHC+5)
CAN BE A DDUD PRINT ALSO

SYSTEM ESA (KHC+3)
SHOULD GET +3/+5/+7, HOWEVER IT CAN BE AFTER A DRAWDOWN, CLUE IS TRADING > +2.

ESA2 (KHC+3)
VERY GOOD CHANCE OF +3,+5,+7 MAY BE +10, RARELY CLOSES AT HIGHS, CAN COME VIA A -3

ESH2 (KHC+3)
CAN GIVE +3,+5,+7,+10. HOWEVER FAILURE TO PRINT +3 USUALLY RESULTS IN DOUBLE DIGIT DOWN DAY. DOES NOT USUALLY CLOSE AT HIGHS.

ESH10
CHANCE OF +3/+5, IF IT GOES FOR LOWS IT SHOULD NOT CLOSE AT LOWS. HOWEVER COULD BE A VERY BIG RANGE DAY.

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

SYSTEM 70 (KHC +3)
USUALLY GIVES +3

SYSTEM 81 (KHC+3)
USUALLY GIVES +3,+5

SYSTEMSPXH1
CAN GIVE +3,+5,+7 WITH A POSITIVE CLOSE. THE CLUE IS NOT TRADING MUCH NEGATIVE RTH

SPX 19 (KHC+3)
SHOULD GIVE +3/ +5. POSSIBLE GAP & GO DAY.

 

Spoos closed at 2081.50 (basis Jun)

K+3 = 2084.50

K-3 = 2078.50

Conclusion

We have 7 KHC+3 & 1 KHC+5 SYSTEMS in play.

We have a KTS DAY11 & BDIP DAY2 in play.

Plan your trade, trade your plan!

[Khalsa]

Systems look super bullish.

Still no 2nd KTS.

Hopefully the BDIP – 23 prinhas not killed the bearishness.

Worst case we are back to crooksday up and then WNER up with NFP’s to go

Plan your trade, trade your plan!

[Qman]

Oh

[Khalsa]

Qman wrote:

Oh

Oh what?

 

Plan your trade, trade your plan!

[Khalsa]

How stupid. Looks like NFP’s are next Friday even though today is the first Friday of the month.

 

Plan your trade, trade your plan!

[Khalsa]

In which case short 2085.50.

Plan your trade, trade your plan!

[Qman]

Khalsa wrote:

Qman wrote:

Oh

Oh what?

oh – hoping the systems wouldn’t be quite so bullish

[Khalsa]

“Oh” I see Q.

Yes me too but really I hate this pattern of bounce into close, bounce crooksday Friday and then bounce WNER Monday, so am happy in a way I closed my latest short yesterday and got to put back on 12.50 points higher.

Maybe too early but thats the gamble of “If today crooksday will finally change the game and be down”

+7 satisfies the SYSTEMS now as there are no SPX ones and hence its not mandatory we print this high again on SPX in RTH. ALthough I think we will but we can also sell off and print a low yesterday towards yesterdays low imo

 

Plan your trade, trade your plan!

[smashie212]

Europe quiet due to May day holiday.

[Khalsa]

It looks like its SU for now. Quite amazing how the dipsters return so quickly.

2083 is current SU level.

Plan your trade, trade your plan!

[Qman]

Short 2092.83 basis systems done – KTS BDIP pull down – limits in for 5 points

[Khalsa]

Idiots, I am already 10 points out on my short.

Short again 2094.50

Plan your trade, trade your plan!

[Khalsa]

2088 now is the SU level

Plan your trade, trade your plan!

[Khalsa]

For now very, very annoyingly and surprisingly, this has broken back up.

2094 was the multiday CIT level.

Oh well all that effort to get it down undone in a few hours

Plan your trade, trade your plan!

[Qman]

Seriously? What has changed since yesterday to bring this on?

[Author]

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