FRIDAY 13/02/2015 SYSTEMS & INTRADAY

[Khalsa]

SYSTEMS FOR FRIDAY 13TH FEBRUARY 2015

Hi all,

Recap ….

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

I have 2 longs in oil, 3 shorts in spoos and 2 swing positions open.

Onto today …

KP
None in play.

KTB
We have a KTB2 triggered at close on 02/02/2015.
TODAY IS DAY9.

KTS
We have a KTS5 triggered at close on 23/01/2015.
It is now negated after DAY6.

SYSTEM BDIP

We have a BDIP triggered at close on 12/02/2015.
TODAY IS DAY1.

DAY1…
DAY2…
DAY3…
DAY4…

We have a BDIP triggered at close on 03/02/2015.
It is now negated after DAY4.

DAY1… We got a low of -12.25.
DAY2… We got a low of -9.75.
DAY3… We got a low of -10.75.
DAY4… We got a low of -16.50.

DDUD
We have a DDUD season triggered at close on 29/01/2015.
TODAY IS DAY11.

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.

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

ES96
UPSIDE USUALLY CONTAINED TO A +3, ANYMORE IS UNSUSTAINABLE, USUALLY GIVES -3 AS A MINIMUM

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

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

Spoos closed at 2082.75 (basis Mar)

K+3 = 2085.75

K-3 = 2079.75

Conclusion

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

We have a BDIP DAY1, KTB2 DAY9 & DDUD SEASON DAY11 in play.

Plan your trade, trade your plan!

[MAURITIUS]

Intersting to hav negative khc’s and a BDIP……. but KTB still in place….. Take profits is the name of the game…

[MAURITIUS]

Short 2081.88 if only for a couple. Hoping the BDIP gives a few extra by peans open.

[Khalsa]

I can see why you shorted Dan, but for now I will stay as is.

Too close to many Roundies for my liking.

I am tempted to short but whatever niggle I have, is holding me off

Plan your trade, trade your plan!

[MAURITIUS]

I suspect we get a dip at some point today…. Let’s see….

[Qman]

Stuck at this 2090 ish area with the -3 & -5 still to print and a BDIP…….tempted

[Qman]

Also 2 systems say DOJI and the other “looks like starting to trend but doesn’t close at highs/lows.

of course this might not be at HOD yet….

[Khalsa]

Well at last its falling.

I did not short it (or even watch it) as I was waiting for higher prices.

DOW hit 18037, SPX hit 2094.74.

FOr now I continue to watch and wait for a KTS.

 

Plan your trade, trade your plan!

[Khalsa]

If I wanted to short, I would do so here at 2088.50.

 

Plan your trade, trade your plan!

[Qman]

Short 2090.33. Gonna try to scalp a few

[MAURITIUS]

Qman wrote:

Short 2090.33. Gonna try to scalp a few

it’s your fault ! Lol

[Khalsa]

Khalsa wrote:

If I wanted to short, I would do so here at 2088.50.

Well I am sure glad I did not.

Mad mode!

As I keep saying, until a KTS, no shorts!

Plan your trade, trade your plan!

[Khalsa]

If it was not for WNER, I would now be shorting based on many reasons that I see.

WNER will stop me from doing so, but I do believe that baring a total mad mode capitulation top move coming, we are now nearing a top.

If WNER is SU up, I will short for a 30 point breakdown

Have a great weekend all

Plan your trade, trade your plan!

[MAURITIUS]

Another dead JP Morgan banker…

[Author]

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