FRIDAY 25/07/2014 SYSTEMS & INTRADAY

[Khalsa]

SYSTEMS FOR FRIDAY 25TH 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 23/07/2014.
TODAY IS DAY2.

SYSTEM BDIP

We have a BDIP triggered at close on 16/07/2014.
It is now negated after DAY4.

DAY1… We got a low of -25.50.
DAY2… We got a low of -11.50.
DAY3… We got a low of -12.50.
DAY4… We got a low of -1.25.

DDUD
None in play.

SYSTEMS TRIGGERED

SYSTEM ESG (KHC+3)
SHOULD GET +3 MINIMUM, CAN GO TO +5,+7,+10.

SYSTEM SPX1A
CAN GET +5 SPX, CLOSE CAN BE ERRATIC. ANY GAP UP OPEN NEED NOT FILL THE SAME DAY, BUT ANY GAP DOWN OPEN SHOULD FILL THE SAME DAY.

SPX 10A
Does not close near highs or lows

Spoos closed at 1980.50 (basis Sep)

K+3 = 1983.50

K-3 = 1977.50

Conclusion

We have 1 KHC+3 SYSTEMS in play.

We have a KTS DAY2 in play.

Plan your trade, trade your plan!

[Khalsa]

I said this last post last night

Khalsa wrote:

This actually sets up for a lovely down day tomorrow, thats if it wants to play ball. below 1980/2

After this Amazon reported results and reported a big loss.

Now we need a dip that is not bought back up. Thats the hard bit!

KTS DAY2 -7  minimum to print?

Plan your trade, trade your plan!

[smashie212]

can’t believe BDIP never triggered alongside the new KTS, was expecting some kind of sell off to fill both gaps below, a low heading into FOMC next wed. still time, we shall see

[Khalsa]

Give us a K

Give us a T

Give us an S

What do we get?

We get a KTS!

Yeehaa.

Now if we can get a Friday down, we can then get a Monday down.

Plan your trade, trade your plan!

[Khalsa]

Closest gap is now 1967

Plan your trade, trade your plan!

[Khalsa]

and then 1954 which is that mustard 1950/3/5 area of support

Plan your trade, trade your plan!

[Khalsa]

This ties in too with 1965 ish support on SPX.

SO now its up to dipsters to try and do what they always do.

If they fail, we know we got a lot lower to go and bulls can be trapped

Plan your trade, trade your plan!

[Author]

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