FRIDAY 24/10/2014 SYSTEMS & INTRADAY

[Khalsa]

SYSTEMS FOR FRIDAY 24TH OCTOBER 2014

Hi all,

Recap ….

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

I have 1 long in oil, 7 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 KTS5 triggered at close on 22/10/2014.
TODAY IS DAY2.

SYSTEM BDIP

None in play.

DDUD
We have a DDUD Season triggered at close on 02/10/2014.
TODAY IS DAY16.

SYSTEMS TRIGGERED

ESH1 NEXT DAY (KHC+3)
USUALLY GIVES +3, IF IT GAPS DOWN THEN IT CAN GIVE A DDDD AND THEN BOUNCE AND MAKES A +3 LESS LIKELY.

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

ESH2 (KHC+3)
CAN GIVE +3,+5,+7,+10. HOWEVER FAILURE TO PRINT +3 USUALLY RESULTS IN DOUBLE DIGIT DOWN DAY. DOES NOT USUALLY CLOSE AT HIGHS.

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

SYSTEM 81 (KHC+3)
USUALLY GIVES +3,+5

ES91

SYSTEM 131 (KHC-3)
SHOULD GET A -3/-4

SPX4A

Spoos closed at 1946.25 (basis Dec)

K+3 = 1949.25

K-3 = 1943.25

Conclusion

We have 3 KHC+3 & 1 KHC-3 SYSTEMS in play.

We also have A KTS5 DAY2 & DDUD Season DAY16 in play.

Plan your trade, trade your plan!

[Khalsa]

Wow no posts.

What a week for me and glad its over. That was mad busy.

1946 is first support and then 1940 is support after that and if that breaks, we can go down

Wow we printed a -14.50 and then +10.75. Thats just plain mad.

DDUD season is waning now but we are not on alert for a second KTS yet.

Its building up for the down soon.

I am actually tempted to short this now

Plan your trade, trade your plan!

[Khalsa]

If 1967 SPX does not stop this then imo, it is off back to highs.

Next week therefore is totally crucial and will answer if we are still in the BULL or now in the BEAR.

 

 

Plan your trade, trade your plan!

[MAURITIUS]

1960

nearly 150 off the low…..

[MAURITIUS]

Wner on Monday….

 

[Khalsa]

Exactly Dan. Just waiting for a signal.

Patience.

Plan your trade, trade your plan!

[Author]

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