Hi all,

Recap ….

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

I have 1 short in Ftse, 2 Long in spoos, 14 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.
TODAY IS DAY2.

KTS
We have a KTS5 triggered at close on 02/01/2014.
It is now negated after DAY8.

SYSTEM BDIP
We have a BDIP triggered at close on 06/02/2014.
TODAY IS DAY1.

DAY1…
DAY2…
DAY3…
DAY4…

DDUD

None in play.

SYSTEMS TRIGGERED

ESL2 NEXT DAY (KHC-4)
GIVES -4/ -7

ESH
USUALLY GET +3 AND -3. MORE CHANCE OF -3. NORMALLY IS A DOJI TYPE DAY WITHIN +5 AND -5. TRADING < -5 GIVES CHANCE TO SD DAY

ESL3(KHC-5)
SHOULD GET A GOOD NEGATIVE PRINT . DOES NOT ALWAYS CLOSE AT LOWS.

SYSTEM ES3A

ES4A
SHOULD GET A -3, HOWEVER CHANCES OF A POSITIVE CLOSE. IF NO -3 NEXT DAY SHOULD PRINT A GOOD LOW.

SYSTEM ES7
POSSIBLE DOJI DAY, CAN BE WHIPPY AND UNTRADEABLE, ANY GAP UP OPEN SHOULD FILL THE SAME DAY. ITS NOT A SU MARKET AND RARELY MAKES MUCH PROGRESS.

ES8A
SHOULD GET+3 AND A -3. DOES NOT ALWAYS CLOSE AT LOWS

SPX3B
SHOULD GET +3/+5, -3/-5. DOJI TYPE DAY WITH A CLOSE WITHIN THAT RANGE

SPX4A

SYSTEM SPX7
STARTS OF LOOKING LIKE TRENDING BUT DOES NOT CLOSE AT HIGHS OR LOWS

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

SPX4A

Spoos closed at 1767 (basis Mar)

K+3 = 1770

K-3 = 1764

Conclusion

We have 1 KHC-4 & 1 KHC-5 SYSTEMS in play.

We also have a KTB DAY2 & BDIP DAY1 in play.

It took us to a +8 satisfying the KTB+7 on DAY1.

That does not mean the KTB stops there, it just means the minimum has printed.

However I do think that we see a -3/-5 today with the KHC -ve’s.

All over to NFP’s later

Less than 15 minutes to go.

Interesting visit to The FT. Sat round a big table overlooking The Thames and Southwark Bridge. There were about 6 of their folks and 12 readers.

Basically they are going to re jiggle the content in the paper, nothing more. They wanted to see our opinions to the proposed changes. They also asked which sections we looked at most and how we read it. It was funny that most folks there seemed to read the paper back to front…lol lol lol.

There was a couple of investment banking bods there amongst the folks invited. I think I was the only graduate of Kew Gardens there. lol.

Good luck.

I will short a spike up

I clicked to short the spike and the mustard didn’t’t open. By the time I got on to my phone dealing app it was -5 from +14 or where it hit.

Anyway….closed my shorts for 5-6 points each via mobile phone. Think prob 16 points banked in all. Very pleased with that.