FRIDAY 30/05/2014 SYSTEMS & INTRADAY

[Khalsa]

SYSTEMS FOR FRIDAY 30TH MAY 2014

Hi all,

Recap ….

Intraday wise …. I banked 0 points in ES 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 21/05/2014.
TODAY IS DAY6.

KTS
We have a KTS5 triggered at close on 14/05/2014.
It is now negated after DAY5.

SYSTEM BDIP
We have a BDIP triggered at close on 29/05/2014.
TODAY IS DAY1.

DAY1…
DAY2…
DAY3…
DAY4…

DDUD
None in play.

SYSTEMS TRIGGERED

SYSTEM ES3
SHOULD GET -3. UPSIDE AND DOWNSIDE UNSUSTAINABLE. LOWS TRADED SHOULD BE LOWER THAN HIGH TRADED, SHOULD NOT CLOSE AT HIGHS, IF WE TRADE < -3 CHANCE OF -7, -10.

SYSTEM ES7
POSSIBLE DOJI DAY, CAN BE WHIPPY AND UNTRADEABLE, ANY GAP UP OPEN SHOULD FILL THE SAME DAY. ITS NOT A SU MARKET AND RARELY MAKES MUCH PROGRESS.

ES8A
SHOULD GET+3 AND A -3. DOES NOT ALWAYS CLOSE AT LOWS

ES17
UPSIDE UNSUSTAINABLE

ES94
GOOD CHANCE OF GAP DOWN OPEN AND NEGATIVE GLOBEX AND NEGATIVE RTH AND CLOSE NEGATIVE

ES96C

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

SPX4A

SYSTEM SPX5D (KHC-3)
USUALLY DO NOT GET MUCH POSITIVE, BUT CAN BE A VERY NEGATIVE PRINT. CAN EXPECT -5,-7,-10.

Spoos closed at 1917.50 (basis Jun)

K+3 = 1920.50

K-3 = 1914.50

Conclusion

We have 2 KHC-3 SYSTEMS in play. Any gap up open should fill as per ES3 & ES7.

We also have a BDIP DAY1 & KTB2 DAY6 in play.

Plan your trade, trade your plan!

[MAURITIUS]

took a short at the pub basis that….

1916.88

lets see how it pans out…like the idea of negative globex and gap down…. bdip too.

cmon!!

[MAURITIUS]

Relax it’s down 3…..!

[Khalsa]

Is that good or bad news?

With the -3 done its up up away

Plan your trade, trade your plan!

[Qman]

Hi all – been flat for a bit – now short 1915 from yesterday eve – waiting for the BDIP to do its stuff

Good luck

[Khalsa]

Excellent Qman, well played and timed.

Need to hold this 1919/21 area or it will go higher.

I am going to short anywhere in this area

Plan your trade, trade your plan!

[Khalsa]

Short 1919.25

Plan your trade, trade your plan!

[Khalsa]

Oh dear. Here we go yet again. The only way is up!

Plan your trade, trade your plan!

[Khalsa]

It is time for a Scotch!

High so far 1922.25.

1922/5 remains the idea for Monday although nowadays I really fear WNER as SU.

Lets see

Have a great weekend all

Plan your trade, trade your plan!

[Khalsa]

We are on trigger for a KTS.

Now thats good news

Plan your trade, trade your plan!

[Qman]

Look forward to that KTS triggering along with the BDIP.

Have a good weekend all

[Author]

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