FRIDAY 24/01/2014 SYSTEMS & INTRADAY

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  • #3708
    Khalsa
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      SYSTEMS FOR FRIDAY 24TH JANUARY 2014

      Hi all,

      Recap ….

      Intraday wise …. I banked 10.50 points in Spoos today.

      I have 1 short in Ftse, 18 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.
      It is now negated after DAY6.

      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.
      It is now negated after DAY4.

      DAY1… We got a low of -1.50.
      DAY2… We got a low of -7.00.
      DAY3… We got a low of -7.00.
      DAY4… We got a low of -8.00.

      DDUD
      None in play.

      SYSTEMS TRIGGERED

      SYSTEM ESE
      GET +3 AND -3 BOTH. CAN BE A TRENDING DAY ONCE WE TRADE >+4 OR < -4 AND CLOSE POSITIVE OR NEGATIVE RESPECTIVELY

      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,

      ESH10
      CHANCE OF +3/+5, IF IT GOES FOR LOWS IT SHOULD NOT CLOSE AT LOWS. HOWEVER COULD BE A VERY BIG RANGE 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

      SYSTEMSPXH1
      CAN GIVE +3,+5,+7 WITH A POSITIVE CLOSE. THE CLUE IS NOT TRADING MUCH NEGATIVE RTH

      Spoos closed at 1824.25 (basis Mar)

      K+3 = 1827.25

      K-3 = 1821.25

      Conclusion

      We have NO KHC SYSTEMS in play.

      Plan your trade, trade your plan!

      #3709
      Khalsa
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        Managed to bank 10.50 points and get stuck in nothing new.

        Afternoon commentary targeted 1825 as the intraday CIT level and we hit it at close.

        KTB has negated at last, but we are on trigger for another KTB aaarrrgggghhh

        SYSTEMS are inconclusive

        To me it looks like a TREND CHANGE but sadly NASDAQ is not confirming and I do believe that TECHS lead.

        Resistance is at 1826 and then 1830. Above 1830 it can rally again.

        Today is crooksday and recent crooksdays have been down.

        Seeing as they are in WHIP THE MAJORITY MODE, that means tomorrow can bounce.

        Lets watch the resistance levels and intraday levels posted in RTH.

        Initially I wanted to short overnight but now I feel nothing to do overnight.

        Plan your trade, trade your plan!

        #3710
        MAURITIUS
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          scary low over night?

          I am still hunting 1797 ms target!!

          #3711
          Khalsa
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            Dan … I think there will definitely be a pop and a drop Tomorrow. Problem is that I have little idea which order it happens in.

            So my best plan is to wait for the first move.

            Plan your trade, trade your plan!

            #3712
            Khalsa
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              As for 1797 target. I remain one day at a time for now

              Plan your trade, trade your plan!

              #3713
              MAURITIUS
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                HM Treasury

                Financial Services (Banking Reform) Bill
                Government Amendments: Bail-in

                https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/245755/HoL_Policy_Brief_-_Bail-In.pdf

                In plain English it means they can raid your bank deposits.

                You are an unsecured creditor in law when you deposit money in a bank.

                Careful folks! :p

                #3714
                Khalsa
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                  Scaremongering mustard

                  Plan your trade, trade your plan!

                  #3715
                  MAURITIUS
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                    well, why have they introduced it if everything is so good! Evil mustards!

                    #3717
                    Khalsa
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                      Good morning all,

                      So far the emphasis has been on the drop.

                      Yesterdays low 1813.75 so I cannot long before that area.

                      Plan your trade, trade your plan!

                      #3722
                      Khalsa
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                        Managed to bank 10.50 points and get stuck in nothing new. Afternoon commentary targeted 1825 as the intraday CIT level and we hit it at close. KTB has negated at last, but we are on trigger for another KTB aaarrrgggghhh SYSTEMS are inconclusive To me it looks like a TREND CHANGE but sadly NASDAQ is not confirming and I do believe that TECHS lead. Resistance is at 1826 and then 1830. Above 1830 it can rally again. Today is crooksday and recent crooksdays have been down. Seeing as they are in WHIP THE MAJORITY MODE, that means tomorrow can bounce. Lets watch the resistance levels and intraday levels posted in RTH. Initially I wanted to short overnight but now I feel nothing to do overnight.

                        Yep “recent crooksday” it is so far.

                        I spooked out of my initial idea of a trade posted last night of shorting this for today.

                        Still I am happy atleast I have no longs which I am losing on

                        Plan your trade, trade your plan!

                        #3723
                        Khalsa
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                          Long 1813.25 as I am expecting both sides

                          Plan your trade, trade your plan!

                          #3724
                          Khalsa
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                            Closed 1815.25 for 2 points.

                            Want to relong 1813 ish

                            Plan your trade, trade your plan!

                            #3725
                            Khalsa
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                              Long 1812.

                              Plan your trade, trade your plan!

                              #3726
                              Khalsa
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                                Yuk!

                                Over to GFS now

                                Plan your trade, trade your plan!

                                #3727
                                MAURITIUS
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                                  Closed short from 1822 zone a couple of weeks back for 15 handles. Can’t remember when I opened it lol.

                                  Still have four shorts, 3 at 1810 and one at 1817. I would like minimum 1797 (ms target) to close those but will see how things go….

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