FRIDAY 21/11/2014 SYSTEMS & INTRADAY

[Khalsa]

SYSTEMS FOR FRIDAY 21ST NOVEMBER 2014

Hi all,

Recap ….

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

I have 1 long in oil, 9 shorts in spoos and 2 swing positions open.

Onto today …

KP
None in play.

KTB
We have a KTB2 triggered at close on 14/10/2014.
It is now negated after DAY6.

KTS
We have a KTS triggered at close on 10/11/2014.
It is now negated after DAY5.

SYSTEM BDIP

We have a BDIP triggered at close on 31/10/2014.
It is now negated after DAY4.

DAY1… We got a low of -4.50.
DAY2… We got a low of -15.75.
DAY3… We got a low of -1.75.
DAY4… We got a low of -8.00.

DDUD
We have a DDUD Season triggered at close on 02/10/2014.
It is now negated after DAY17.

SYSTEMS TRIGGERED

ESL3 ND (KHC-5)
SHOULD GIVE A -3

SYSTEM ESF
CAN BE A TRENDING DAY. IF NO +3 AND THEN IT TRADES <-4, IT CAN THEN TREND DOWN. LIKEWISE IF NO -3 AND THEN IT TRADES >+4, IT CAN THEN TREND UP.

ESL4
WHICHEVER WAY IT TRENDS IT CAN GIVE AN INTRADAY PRINT <-10 OR >+10

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

Spoos closed at 2052 (basis Dec)

K+3 = 2055

K-3 = 2049

Conclusion

We have 1 KHC-5 SYSTEMS in play.

Plan your trade, trade your plan!

[Khalsa]

I do not like that ESL4. It seems to indicate a trend and a +-10 print.

Draghi speaking and it shot up.

What a total joke. Everytime these muppets speak, it goes up and yet they do not deliver. SO why does it then stay up?

As I said before I really have no idea where this wants to top out, all I wanted was a 70 point reaction from 2040.

 

Plan your trade, trade your plan!

[Khalsa]

We hit +7 now and I have seen enough pollux already for the day.

We need to either have a mad spike up or just sell off 20+ points in globex and not bought back in RTH.

This Grind action can continue forever it seems.

 

 

Plan your trade, trade your plan!

[smashie212]

chinese rate cut overnight, caused futures ramp

[Khalsa]

If this closes negative, a top can be in basis hammer candle.

 

Plan your trade, trade your plan!

[Khalsa]

Oh well no negative close so its onwards and upwards still.

However we have a BDIP at close.

Plan your trade, trade your plan!

[MAURITIUS]

Lets hope its the mother of all bdips!!

[Author]

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