FRIDAY 15/05/2015 SYSTEMS & INTRADAY

[Khalsa]

SYSTEMS FOR FRIDAY 15TH MAY 2015

Hi all,

Recap ….

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

I have 1 short in Dax, 9 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 13/05/2015.
TODAY IS DAY2.

SYSTEM BDIP
A BDIP has triggered at close on 11/05/2015.
TODAY IS DAY4.

DAY1… We got a low of -18.50.
DAY2… We got a low of -3.50.
DAY3… We got a low of -2.75.
DAY4…

DDUD
We have a DDUD season triggered at close on 09/04/2015.
None in play.

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.

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

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

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

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 2117.75 (basis Jun)

K+3 = 2120.75

K-3 = 2114.75

Conclusion

We have 1 KHC+3 SYSTEMS in play.

We have a BDIP DAY4 & KTS DAY2 in play.

Plan your trade, trade your plan!

[Khalsa]

Oh dear. No KHC -ve’s. Amazing

However we can pray and hope that the KTS and BDIP performs 

Plan your trade, trade your plan!

[MAURITIUS]

Also the -17 system which has performed pretty well of late if my memory serves me correctly…

[MAURITIUS]

I wonder if it is another drop and recover day? There again is expiry no? So opening high and drop? And back up by close (maybe) lol. I remember one that simply tanked after open…lol or was that nfp? About a year ago.

[Khalsa]

Oh dear, +5 prints already.

Now its all over to BDIP & KTS combo.

Short 2122.

Plan your trade, trade your plan!

[Khalsa]

I should really play safe and short an opening pop only (RTH) and this looks to be in a really silly mode and the possibly upside targets we have spoke about are 2200 and 2400 gulp.

Dont get me wrong, I am bearish and think its going down but the market is doing something very stupid otherwise.

 

 

Plan your trade, trade your plan!

[lordia]

I have three trading advisories that i value & pay for monthly.
They are KPAD, Rod David (ex Avid Trader Chat) and Smartpredictor ( Chanakya)

Chanakya has agreed to broadcast his new spx chart today per copy email.
I will try and attach or upload.
be warned – it is BULLISH!

by chanakya Today, 01:02
Team: Here you go. Let us put this to test. In fact, post it up or share it whereever you would like on the blogosphere. Thanks!
Attachments
20150514 $spx time to rock and roll.png

Attachments:

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[Khalsa]

I put in limits before I left basis a -3 minimum with any drop from the +3/5.  Limits hit on 2122 short at 2115 for 7 points.

Got to keep banking as things stand especially ahead of WNER

Plan your trade, trade your plan!

[Khalsa]

Thank you Lordia,

DOW 20000, SPX 2200, 2400 are really possible as a blow off.

However I am not sure if we get that from here of we move towards 2040 or even 1980 ish first.

I do not like the bullishness of yesterday but that can be a negative also

Lets see

Plan your trade, trade your plan!

[Khalsa]

2118 is now resistance.

In view of the above, we just got to keep doing what works. It was making 20-30-40 pointers per trade. Not sure if we can still do that so maybe back to 5-7 pointers now.

Each day is a new day as it stands

Plan your trade, trade your plan!

[Khalsa]

What an awful boring range now.

2113 is the number to break now as first support

 

 

Plan your trade, trade your plan!

[Khalsa]

Oh dear , here we continue to go.

Onwards and upwards continues.

WNER next and I see no reason for it to be anything but that.

This is a brand new ATH. A breakout here would form a new base.

 

Plan your trade, trade your plan!

[Author]

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