SYSTEMS FOR MONDAY 4TH AUGUST 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 KTS5 triggered at close on 29/07/2014.
It is now negated after 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
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 81A ND (KHC+5)
CAN BE A DDUD PRINT ALSO
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.
SYSTEM 70 (KHC +3)
USUALLY GIVES +3
SYSTEM 81A (KHC-5)
USUALLY GIVES A BIG NEGATIVE PRINT AND CLOSES NEGATIVE, BUT IT CAN BE VIA A +3/+5
SYSTEMSPXH1
CAN GIVE +3,+5,+7 WITH A POSITIVE CLOSE. THE CLUE IS NOT TRADING MUCH NEGATIVE RTH
Spoos closed at 1918.50 (basis Sep)
K+3 = 1921.50
K-3 = 1915.50
Conclusion
We have 3 KHC+3, 1 KHC+5 & 1 KHC-5 SYSTEMS in play.
Plan your trade, trade your plan!