MONDAY 08/09/14 SYSTEMS AND INTRADAY

[Khalsa]

SYSTEMS FOR MONDAY 8TH SEPTEMBER 2014

Hi all,

Recap ….

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

I have 1 short in Ftse, 19 shorts in spoos and 2 swing positions open.

Onto today …

KP
None in play.

KTB
None in play.

KTS
We have a KTS triggered at close on 28/08/2014.
It is now negated after DAY3.

SYSTEM BDIP
None in play.

DDUD
None in play.

SYSTEMS TRIGGERED

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 81A ND (KHC+5)
CAN BE A DDUD PRINT ALSO

ESB
SHOULD GET +3 AND -3 BOTH. CAN BE A TRENDING SYSTEM. > +5 SHOULD TREND UP AND < -5 SHOULD TREND DOWN.

SYSTEM ESL1
MORE CHANCE OF DOWNSIDE THAN UPSIDE, USUALLY TRADE POSITIVE AT SOME POINT, NORMALLY GET -3, IF NO -3 THEN RARELY CLOSE AT HIGHS, UPSIDE UNSUSTAINABLE & CLOSE WITH LITTLE CHANGE ON THE DAY. CHANCES OF -7, -10 & -17 ALSO. THE CLOSE CAN BE VERY ERRATIC. ALSO AFTER THIS SYSTEM THERE IS ANOTHER CHANCE OF A -3 THE NEXT DAY

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

SYSTEM 70 (KHC +3)
USUALLY GIVES +3

SPXB
MORE CHANCE OF POSITIVE THAN NEGATIVE.

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

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 2007.50 (basis Sep)

K+3 = 2010.50

K-3 = 2004.50

Conclusion

We have 2 KHC+3, 1 KHC+5 & 1 KHC-3 SYSTEMS in play.

Plan your trade, trade your plan!

[Khalsa]

Very nice and weak and with that RCB just now, sets up for good downside.

However in this mustard market, one step at a time.

1994 the support to break for a sub 1990 print.

Plan your trade, trade your plan!

[Khalsa]

1994 hit to the dot.

DO or die!

Plan your trade, trade your plan!

[Khalsa]

Well 1994 was the low. Bulls remain in control.

Now 1999 is the SD level and 2001 the intraday CIT.

Crookshour cometh!

Plan your trade, trade your plan!

[Khalsa]

Oh well it supported at 1994 support.

However it busted 1999 and 2001 resistance.

The dipsters are just too active.

 

Plan your trade, trade your plan!

[Author]

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