SYSTEMS FOR FRIDAY 31ST 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 DAY7.
SYSTEM BDIP
None in play.
DDUD
We have a DDUD Season triggered at close on 02/10/2014.
It is now negated after DAY17.
SYSTEMS TRIGGERED
ESL5 ND (KHC-5)
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.
SYSTEM ESF
CAN BE A TRENDING DAY. IF NO +3 AND THEN IT TRADES <-4, IT CAN THEN TREND DOWN. LIKEWISE IF NO -3 AND THEN IT TRADES >+4, IT CAN THEN TREND UP.
ESL6
SYSTEM 95A
SYSTEM SPXL1
VERY ERRATIC SYSTEM IN TERMS OF HIGH/LOW/CLOSE. USUALLY IS A DOJI DAY WITHIN +5 / -5. TRADING > +5 USUALLY CLOSES POSITIVE, TRADING < -5 CLOSES NEGATIVE. THAT’S WHEN IT BECOMES A TRENDING SYSTEM
Spoos closed at 1988.75 (basis Dec)
K+3 = 1991.75
K-3 = 1985.75
Conclusion
We have 1 KHC+3 & 1 KHC-5 SYSTEMS in play.
We also have A KTS5 DAY7 in play.
Plan your trade, trade your plan!