SYSTEMS FOR FRIDAY 18TH JULY 2014
Hi all,
Recap ….
Intraday wise …. I banked 0 points in ES today.
I have 1 short in Ftse, 20 shorts in spoos and 2 swing positions open.
Onto today …
KP
None in play.
KTB
We have a KTB triggered at close on 25/06/2014.
It is now negated after DAY6.
KTS
We have a KTS triggered at close on 17/07/2014.
TODAY IS DAY1.
SYSTEM BDIP
We have a BDIP triggered at close on 16/07/2014.
TODAY IS DAY2.
DAY1… We got a low of -25.50.
DAY2…
DAY3…
DAY4…
DDUD
None in play.
SYSTEMS TRIGGERED
SYSTEM ESA (KHC+3)
SHOULD GET +3/+5/+7, HOWEVER IT CAN BE AFTER A DRAWDOWN, CLUE IS TRADING > +2.
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 DAY
ES 5C (KHC+3)
USUALLY GIVE A +3 AND CLOSES POSITIVE. RARELY CLOSES AT LOWS
SYSTEM 81 (KHC+3)
USUALLY GIVES +3,+5
SYSTEM SPX5
Not much lower in RTH, High +4/+5, HOWEVER IF SPX GAPS DOWN OPEN IT CAN BE A SERIOUS NEGATIVE SD DAY
SYSTEM SPX5B
TRENDING SYSTEM, IF SPX TRADES > -3 LOW THEN CAN GET +3/+5, IF SPX TRADES < -3 SHOULD GET -3/-5, IF HIGH TRADED IS < 3 THEN SD DAY AND CLOSE NEGATIVE
SYSTEMSPXH1
CAN GIVE +3,+5,+7 WITH A POSITIVE CLOSE. THE CLUE IS NOT TRADING MUCH NEGATIVE RTH
Spoos closed at 1954 (basis Sep)
K+3 = 1957
K-3 = 1951
Conclusion
We have 3 KHC+3 SYSTEMS in play.
We have a BDIP DAY2 & KTS DAY1 in play.
Plan your trade, trade your plan!