- This topic has 18 replies, 3 voices, and was last updated 9 years, 2 months ago by
.
-
Posts
-
SYSTEMS FOR FRIDAY 17TH JANUARY 2014
Hi all,
Recap ….
Intraday wise …. I banked 5.50 points in spoos & 28 points in Dax 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 14/01/2014.
TODAY IS DAY3.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 14/01/2014.
TODAY IS DAY3.DAY1… We got a low of -1.50.
DAY2… We got a low of -7.00.
DAY3…
DAY4…We have a BDIP triggered at close on 08/01/2014.
It is now negated after DAY4.
DAY1… We got a low of -8.00.
DAY2… We got a low of -6.75.
DAY3… We got a low of -28.25.
DAY4… We got a low of -2.25.We have a BDIP triggered at close on 31/12/2013.
It is now negated after DAY4.
DAY1… We got a low of -24.50.
DAY2… We got a low of -6.00.
DAY3… We got a low of -6.00.
DAY4… We got a low of -1.00.DDUD
None in play.
SYSTEMS TRIGGERED
ESL2 NEXT DAY (KHC-4)
GIVES -4/ -7ESC
CAN GET A +3 BUT SHOULD GET A -3. CHANCES OF -5, -7, -10ES5
SHOULD GET +3,+5 BUT RARELY CLOSES AT HIGHSSYSTEM SPX6A
USUALLY GIVES +3/+5. BUT DOES NOT ALWAYS CLOSE POSITIVE.Spoos closed at 1836.25 (basis Mar)
K+3 = 1839.25
K-3 = 1833.25
Conclusion
We have 1 KHC-4 SYSTEMS in play.
We have a BDIP DAY3 & KTB2 DAY3 in play.
Plan your trade, trade your plan!
Well good day yesterday with the ES short and DAX short banked. Very happy with that style of hit and runs as it stands.
So where now?
Intel is out and initial reaction is down, which probably means dipsters come in and take the market up.
SYSTEMS suggest a -4 with the KHC-4
Honestly speaking with the KTB and BDIP combo, I have no idea how this will resolve apart from UPSIDE does not look over.
Lets see where we are in the morning as there is nothing to do tonight.
Plan your trade, trade your plan!
THE LEVELS
Resistance is at 1841/2 and then 1845/6. Above that it can rally.
Support is at 1833/5 and below that it can fall.
Good luck
Plan your trade, trade your plan!
I remember one bdip ktb combo and once the bdip negated it flew….hope this doesn’t happen again here…
We have 2 days of BDIP Dan and then its WNER day.
However last week was weak WNER so maybe thats the game now for a bit.
There is still nothing clear.
Today could be an Intel drop and pop.
1841/2 is first resistance as per THE LEVELS so I am in no hurry yet to short anything
If I miss it, so be it, but shorting early has not worked in recent history.
The SP and DAX short yesterday worked because of patience so lets have more of those until the game changes
Plan your trade, trade your plan!
Well DAX kept creeping up all morning. Got to 9791 and then fell back to 9740 in one 5 min candle.
No way how I could have shorted that.
It literally fell for no reason out of the blue (there must have been some news)
Plan your trade, trade your plan!
Lol I came out of my meeting with the bank……
Silly bank woman just sold some gold. I think I gave her more advice than she gave me lol lol
Dax….yes I watched that, but didn’t dare short it. Sometimes those moves end up another100 higher in no time.
Well we have a khc -4. Very tempted to add to shorts for that, but I need to be careful with stakes now.
lol Dan, you tell her and charge her too!
Indeed Dax, I wanted to wait till an open for a possible pop and drop basis KHC-4.
DAX is just falling away now 🙁
Plan your trade, trade your plan!
Now to see if we get an Intel drop and pop.
Plan your trade, trade your plan!
THE LEVELS Resistance is at 1841/2 and then 1845/6. Above that it can rally. Support is at 1833/5 and below that it can fall. Good luck
High was 1842.75 so if I had shorted DAX as per plan then I would not have missed that juicy fall.
Onto the next trade now and waiting
Plan your trade, trade your plan!
Unless this recovers now, it knocks out the chance of drop and pop.
Plan your trade, trade your plan!
THE LEVELS Resistance is at 1841/2 and then 1845/6. Above that it can rally. Support is at 1833/5 and below that it can fall. Good luck
High was 1842.75 so if I had shorted DAX as per plan then I would not have missed that juicy fall. Onto the next trade now and waiting
Low was 1833.75. So a perfect move from resistance to support.
Plan your trade, trade your plan!
MLK holiday monday, could we get new highs ? holidays usually turning points
- You must be logged in to reply to this topic.