- This topic has 81 replies, 4 voices, and was last updated 8 years, 5 months ago by
.
-
Posts
-
SYSTEMS FOR FRIDAY 10TH OCTOBER 2014
Hi all,
Recap ….
Intraday wise …. I banked 35.25 points in ES today.
I have 1 short in Ftse, 1 short in Dow, 11 shorts in spoos and 2 swing positions open.
Onto today …
KP
None in play.KTB
We have a KTB2 triggered at close on 02/10/2014.
IT IS NOW NEGATED AFTER DAY3.KTS
We have a KTS5 triggered at close on 25/09/2014.
It is now negated after DAY1.SYSTEM BDIP
None in play.
DDUD
We have a DDUD Season triggered at close on 02/10/2014.
TODAY IS DAY6.SYSTEMS TRIGGERED
ESL1 NEXT DAY
GOOD CHANCE OF A -3SYSTEM ESG (KHC+3)
SHOULD GET +3 MINIMUM, CAN GO TO +5,+7,+10.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 DAYSYSTEM 81A (KHC-5)
USUALLY GIVES A BIG NEGATIVE PRINT AND CLOSES NEGATIVE, BUT IT CAN BE VIA A +3/+5SPXC
Spx <-4 should give big down -7/-10. Likewise <+3 high will trade negative and close negative. Conclusion may be short +2 Spx. Rarely closes at highsSYSTEMSPXH1
CAN GIVE +3,+5,+7 WITH A POSITIVE CLOSE. THE CLUE IS NOT TRADING MUCH NEGATIVE RTHSYSTEM SPX2
GOOD CHANCE OF +5, IF THE CLOSE IS POSITIVE THEN THE NEXT DAY AFTER COULD BE DOUBLE DIGIT DOWNSPX 5E
CAN GIVE +3,+5,+7,+10. ALSO GOOD CHANCE OF A POSITIVE CLOSE. HOWEVER IF IT REVERSES AND GOES NEGATIVE, THEN CAN BE A DDDDSpoos closed at 1925 (basis Dec)
K+3 = 1928
K-3 = 1922
Conclusion
We have 1 KHC+3 & 1 KHC-5 SYSTEMS in play.
We also have DDUD Season DAY6 in play.
Plan your trade, trade your plan!
Closed the running DOW 16990 short (from 25/09/14) at 16633 for 357 points profit.
Sheer madness but amazing nevertheless.
Plan your trade, trade your plan!
Don’t really understand $vold Kman – any chance of a real quick explanation – will help me decide if I close my 1932 short tonight
Ta
Today was the 4th most active (in terms of quotes/trades) ever.
Thats from a post at zerohedge…
In a nutshell Qman, $VOLD is a proper and very great bottoming SYSTEM.
I must write it up in the SYSTEMS thread when I get chance and I presume I did not transfer it over form the old pad.
Basis $VOLD, the first day of the trigger should give a scary low. A scary low to the extent it looks like going to the abyss. Then there will be a sudden reversal. The reversal can be the same day of on DAY2 (in this case that will be Monday WNER day)
Now in the Bear, the trigger threshold was lower.
In the Bull everytime its got to this current threshold, its been a $VOLD.
So the question is are we still in QE BULL MARKET or is this now a bear.
The outcome of this $VOLD trigger will tell us.
Hope that helps but if not, please ask away
Plan your trade, trade your plan!
Thanks Kman – I’ve moved my stop to bank 10 points and added a limit @1905. Determined to bank something.
Get to bed!!!
Hard to sleep with these mustard volatile markets.
Good luck on that trade
Goodnight
Plan your trade, trade your plan!
“someone” canceled-and-replaced orders for 666 contracts 26 times in the 1130ET to 1200ET period… and selling accelerated lower, no reversal, to close at the lows on heavy volume.
What a lovely morning.
They reset the closing price to 1925
So the low last night was a -10.75.
Plan your trade, trade your plan!
was that it last night ,or are we getting a second bite at the cherry during RTH ?
Kman
So did $VOLD officially trigger ? it’s not mentioned in your Daily Systems post…
Ta.
Ding ! Ding !
all eyes on RUT, see if the rocket takes us back to 1970’s
- You must be logged in to reply to this topic.