FRIDAY 03/01/201 SYSTEMS & INTRADAY

[Khalsa]

SYSTEMS FOR FRIDAY 3RD JANUARY 2014

Hi all,

Recap ….

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

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

Onto today …

KP
None in play.

KTB

None in play.

KTS
We have a KTS5 triggered at close on 02/01/2014.
TODAY IS DAY1.

SYSTEM BDIP

We have a BDIP triggered at close on 31/12/2013.
TODAY IS DAY2.

DAY1… We got a low of -24.50.
DAY2…
DAY3…
DAY4…

We have a BDIP triggered at close on 27/12/2013.
TODAY IS DAY4.

DAY1… We got a low of -3.00.
DAY2… We got a low of -0.75.
DAY3… We got a low of -24.50.
DAY4…

We have a BDIP triggered at close on 26/12/2013.
It is now negated after DAY4.
DAY1… We got a low of -3.25.
DAY2… We got a low of -3.00.
DAY3… We got a low of -0.75.
DAY4… We got a low of -24.50.

DDUD

None in play.

SYSTEMS TRIGGERED

ESL1 NEXT DAY
GOOD CHANCE OF A -3

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

SYSTEM ESH1
MORE CHANCE OF UPSIDE THAN DOWNSIDE, USUALLY TRADE -VE AT SOME POINT, NORMALLY GET +3, IF NO +3 THEN RARELY CLOSES AT LOWS, DOWNSIDE UNSUSTAINABLE. CHANCES OF +5, +7 ALSO. ALSO THE CLOSE CAN BE VERY ERRATIC. AFTER THIS SYSTEM THERE IS ANOTHER CHANCE OF A +3 THE NEXT DAY,

ES4C

SYSTEM SPXH1
CAN GIVE +3,+5,+7 WITH A POSITIVE CLOSE. THE CLUE IS NOT TRADING MUCH NEGATIVE RTH

Spoos closed at 1846.25 (basis Mar)

K+3 = 1849.25

K-3 = 1843.25

Conclusion

We have 1 KHC+3 SYSTEMS in play.

We have a BDIP DAY4, BDIP DAY2 & KTS5 DAY1 in play.

Plan your trade, trade your plan!

[smashie212]

Had a feeling KTS would trigger y’day, so on a big down day we can expect a ‘pop’ of sorts which would most probably stretch into monday and ties in nicely with your plan of shorting post WNER

[Khalsa]

Indeed Smashie, the KTS has been a drop and pop today as expected of it.

1834 is resistance for now.

I am sticking to the same plan of crooksday up today and WNER Monday.

Shame that yesterday fell so much without being on board DAY WISE but no way was I goign to risk being DAY SHORT into the first day of trading in the new year.

Happy to continue standing aside until Monday

Plan your trade, trade your plan!

[MAURITIUS]

Good afternoon…

Watching to see if yesterday can get some follow through. We have satisfied the upside so you never know…

Be great to hit the 1812 MS target…. 🙂

Dan.

[MAURITIUS]

Bernanke’s last major speech today at 7.30 UK time . He leaves office 31st Jan.

Preview at http://www.forexlive.com

Dan.

[MAURITIUS]

A Crooksday that failed to hold gains and closes lower…. Super! Bodes well! Perhaps the world ends over the weekend…lol…

[MAURITIUS]

The crash of 1987 occurred on a Monday.  Kicked off in Asia.

Dow -22.6%

S&P 500 -20.5%

S&P futures -29%

Reason for futures disparity: only 25 of 500 stocks traded 30 mins into trading. They sold index futures instead. Futures then traded at a discount to shares. Arbitrage would usually fill the gap, but the volatility was too great. Panic selling of futures caused the stock market to drop, which in turn induced further selling of futures. The head of The SEC thn said he was considering a trading halt and people hastened to sell while the market remained open.

Also volatility made it impossible to price stock options so the options market dried up.

Source: Devil Take The Hindmost

[Author]

Posts