FRIDAY 25/04/2014 SYSTEMS & INTRADAY

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  • #5561
    Khalsa
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      SYSTEMS FOR FRIDAY 25TH APRIL 2014

      Hi all,

      Recap ….

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

      I have 1 short in Ftse, 17 shorts in spoos and 2 swing positions open.

      Onto today …

      KP
      None in play.

      KTB
      We have a KTB2 triggered at close on 14/04/2014.
      It is now negated after DAY4.

      KTS
      We have a KTS5 triggered at close on 04/04/2014.
      It is now negated after DAY6.

      SYSTEM BDIP
      We have a BDIP triggered at close on 14/04/2014.
      It is now negated after DAY4.

      DAY1… We got a low of -15.25.
      DAY2… We got a low of +1.00.
      DAY3… We got a low of -6.25.
      DAY4… We got a low of -1.50.

      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 SPXF
      MORE CHANCE OF A +3 THAN A -3. IF SPX GAPS DOWN THEN IT USUALLY NEGATES THE POSITIVE CALL AND CAN BE A NEGATIVE SYSTEM

      Spoos closed at 1873 (basis Jun)

      K+3 = 1876

      K-3 = 1870

      Conclusion

      We have NO KHC SYSTEMS in play.

      Plan your trade, trade your plan!

      #5562
      MAURITIUS
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        big move day? only 2 systems and no khc’s….

        #5563
        Khalsa
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          It is how it looks Dan.

          Its a very jittery strange SU QE market.

          No idea still if this is threatening SPX 1900 or whether its a secondary high in

          We undershot SPX 1900, we retraced 70-130 points, we have gone back up.

          This is the deadly point and no way of telling. It could do either.

          The one clue I have is TRIN has been >1 and that could mean this is topping here and the next move is down. However it is confirmed by nothing else as it stands.

          I would prefer a KTS, MS CIT or something else to confirm.

          Plan your trade, trade your plan!

          #5564
          Qman
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            With things escalating in Ukraine the theme on Friday has been to dump later on to avoid exposure over the weekend. A strong possibility today I think

            #5566
            Khalsa
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              No GFS has triggered for today.

              Navnit

              Plan your trade, trade your plan!

              #5567
              Khalsa
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                You got to laugh really. All that pollux up and then spike up on APple was a hoorah spike after all.

                MS target from a few days ago is 1856.

                My short from 1863 is in now and its 5 point limits hit also.

                NO GFS meant NO GFS

                Plan your trade, trade your plan!

                #5568
                Khalsa
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                  FTSE at 6666

                  Plan your trade, trade your plan!

                  #5569
                  Khalsa
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                    Now the mustard just wants to tank relentlessly.

                    Was that a crooks setup of the year?

                    Have they got out before “sell in May and go away”

                    MS hits its first target of 1856

                    Plan your trade, trade your plan!

                    #5570
                    Khalsa
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                      With things escalating in Ukraine the theme on Friday has been to dump later on to avoid exposure over the weekend. A strong possibility today I think

                      Well done Nigel

                      Plan your trade, trade your plan!

                      #5571
                      Khalsa
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                        and indeed TRIN was the clue last few days of rally being unsustainable.

                        Problem is it was at that point on the charts where it could zoom or die and for me it would have been a gamble trade to add.

                        Still its been three 5 pointers and one 3 pointer this week for me making 18 points.

                        Not as good as I normally do but its been a tough week with the Apple pollux spike.

                        Plan your trade, trade your plan!

                        #5572
                        smashie212
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                          Too early to tell – still got fomc and payrolls next fri, so typically we get the early low beginning of next week and then maybe another run at new highs to burn more bears before ‘sell in may’ kicks in

                          #5573
                          Khalsa
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                            lol WCB’s in Europe and now ES wants to rally.

                            Had I not taken the 5 points on ES via limits, 10 point limits would not have been hit and

                             

                            Plan your trade, trade your plan!

                            #5574
                            Khalsa
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                              Now another WCB in play.

                              SD level and intraday CIT level 1855/6

                              Plan your trade, trade your plan!

                              #5575
                              Khalsa
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                                Right after some study I conclude that 1853/5 is very good support on ES.

                                If that breaks and 1848 also, then we see that 179x.x print

                                Plan your trade, trade your plan!

                                #5576
                                Qman
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                                  Any resistance level on this mini rally Kman?

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