FRIDAY 15/11/2013 SYSTEMS & INTRADAY

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  • #2291
    Khalsa
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      SYSTEMS FOR FRIDAY 15TH NOVEMBER 2013

      Hi all,

      Recap ….

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

      I have 1 short in Ftse & 19 shorts in spoos and 2 swing positions open.

      Onto today …

      KP
      None in play.

      KTB

      We have a KTB2 triggered at close on 24/10/2013.
      IT IS NOW NEGATED AFTER DAY4.

      KTS

      We have a KTS triggered at close on 31/10/2013.
      It is now negated after DAY6.

      SYSTEM BDIP

      We have a BDIP triggered at close on 13/11/2013.
      TODAY IS DAY2.

      DAY1… We got a low of -1.25.
      DAY2…
      DAY3…
      DAY4…

      We have a BDIP triggered at close on 08/11/2013.
      It is now negated after DAY4.

      DAY1… We got a low of -3.25.
      DAY2… We got a low of -9.00.
      DAY3… We got a low of -10.75.
      DAY4… We got a low of -1.25.

      We have a BDIP triggered at close.
      It is now negated after DAY4.
      DAY1… We got a low of -12.25.
      DAY2… We got a low of -0.75.
      DAY3… We got a low of -23.00.
      DAY4… We got a low of -9.00.

      DDUD
      We have a DDUD season triggered at close on 11/07/2013.
      It is now negated after DAY2.

      SYSTEMS TRIGGERED

      ESL1 NEXT DAY
      GOOD CHANCE OF A -3

      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

      ESL2
      USUALLY GIVES -4/-7

      SYSTEM ES3
      SHOULD GET -3. UPSIDE AND DOWNSIDE UNSUSTAINABLE. LOWS TRADED SHOULD BE LOWER THAN HIGH TRADED, SHOULD NOT CLOSE AT HIGHS, IF WE TRADE < -3 CHANCE OF -7, -10.

      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.

      ES8B

      SYSTEM 59

      SYSTEM 62
      MORE DOWNSIDE THAN UPSIDE. USUALLY GIVES -3,-5. RARELY CLOSES AT HIGHS. EVEN WHEN THE SYSTEM FAILS YOU SEEM TO GET A SPOOS -2.

      SYSTEMSPX3
      SHOULD GET -3/-5. IF SPX TRADES < +3 HIGH THEN CHANCE OF TRENDING DOWN

      SPX 7B

      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

      Spoos closed at 1787.75 (basis Dec)

      K+3 = 1790.75

      K-3 = 1784.75

      Conclusion

      We have NO KHC SYSTEMS in play. Any gap up open should be filled on the same day as per ES3 and ES7.

      We have a BDIP DAY2 in play.

      Plan your trade, trade your plan!

      #2292
      Khalsa
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        Sorry just quick post today as I have a splitting headache from really overworking this week to the max.

        Looking for a -5/-7 today despite it being crooksday.

        Also MS triggered short at close at 1788 (missed it) but its not far from that now.

        Target there is 1783.

        Lets see but I am short from 1785.75 already as a day position and will add if its higher in the morning.

        More in the morning.

        Good night

         

        Plan your trade, trade your plan!

        #2295
        MAURITIUS
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          Short 1789.13…..

          #2296
          Khalsa
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            Good morning all,

            I think thats a great trade Dan even if it is a crooksday and you go out first.

            Plan your trade, trade your plan!

            #2302
            Khalsa
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              Phew patience is indeed a virtue.

              Short 1792 for a gap fill later basis MS

              Plan your trade, trade your plan!

              #2303
              Khalsa
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                FWIW

                I am pretty sure both ES and SPX should be an undershoot of 1800 leading to a minimum 30 point breakdown.

                The problem is today is crooksday and Monday WNER and week after week we know that shorting for a down move on those days has been rather futile.

                However my bias today of a gap fill and possible -5/-7 remains for now today.

                MS short into close tells us that.

                Target remains 1783 for today

                 

                Plan your trade, trade your plan!

                #2305
                Khalsa
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                  Good luck all.

                  The question is do I close at gap fill or run to 1783 MS target?

                  Plan your trade, trade your plan!

                  #2309
                  MAURITIUS
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                    Well I want 83 or close….

                    #2311
                    smashie212
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                      FWIW I am pretty sure both ES and SPX should be an undershoot of 1800 leading to a minimum 30 point breakdown. The problem is today is crooksday and Monday WNER and week after week we know that shorting for a down move on those days has been rather futile. However my bias today of a gap fill and possible -5/-7 remains for now today. MS short into close tells us that. Target remains 1783 for today

                      There goes my idea of an post-opex retrace :

                      http://www.newyorkfed.org/markets/tot_operation_schedule.html

                      Almost $5.75 billion MONDAY (x2 WNER)

                      $3.5 billion Wednesday

                      $5.25 billion Thursday

                      Good luck shorting into that wall of money. I’d say 1800+ was on the crooks card…

                      #2312
                      Khalsa
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                        Thats mad Smashie, complete nuts.

                        Sadly I did not close despite having 4 points profit.

                        We shall see, MS should be a madnet really

                        Plan your trade, trade your plan!

                        #2313
                        smashie212
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                          Today’s POMO is the smallest of the week, so best chance of a retrace, but alas it is crooks dayCry

                          #2314
                          Khalsa
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                            aaarrrgghhh indeed Smashie.

                            The YAWN YAWN YAWN has started

                            Plan your trade, trade your plan!

                            #2315
                            Khalsa
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                              Still YAWNING. Boring market

                              Plan your trade, trade your plan!

                              #2321
                              MAURITIUS
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                                So looks like we are looking to Crookshour for an MS fill or else on WNER Monday…. Unless of course the world does end in which case we are going to Ark’s for a few beers…lol

                                #2325
                                Khalsa
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                                  FWIW I am pretty sure both ES and SPX should be an undershoot of 1800 leading to a minimum 30 point breakdown. The problem is today is crooksday and Monday WNER and week after week we know that shorting for a down move on those days has been rather futile. However my bias today of a gap fill and possible -5/-7 remains for now today. MS short into close tells us that. Target remains 1783 for today

                                   

                                  Futile it was. So over to wner day now but undershoot of 1800 looks so unlikely sadly.

                                  Unless ofcourse something over the weekend makes that happen.

                                  Definitely an interesting period next week

                                  Plan your trade, trade your plan!

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