MONDAY 10/03/14 SYSTEMS AND INTRADAY

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  • #4934
    Khalsa
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      SYSTEMS FOR MONDAY 10TH MARCH 2014

      Hi all,

      Recap ….

      Intraday wise …. I banked 7 points in spoos today.

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

      Onto today …

      KP
      None in play.

      KTB

      We have a KTB triggered at close on 05/02/2014.
      It is now negated after DAY3.

      KTS
      We have a KTS triggered at close on 10/02/2014.
      TODAY IS DAY19.

      SYSTEM BDIP

      We have a BDIP triggered at close on 06/03/2014.
      Today is DAY2.

      DAY1… We got a low of -7.25.
      DAY2…
      DAY3…
      DAY4…

      We have a BDIP triggered at close on 05/03/2014.
      Today is DAY3.

      DAY1… We got a low of -1.25.
      DAY2… We got a low of -7.25.
      DAY3…
      DAY4…

      We have a BDIP triggered at close on 04/03/2014.
      Today is DAY4.

      DAY1… We got a low of -4.00.
      DAY2… We got a low of -1.25.
      DAY3… We got a low of -7.25.
      DAY4…

      DDUD
      None in play.

      SYSTEMS TRIGGERED

      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.

      SYSTEM ESH1
      MORE CHANCE OF UPSIDE THAN DOWNSIDE, USUALLY TRADE -VE AT SOME POINT, NORMALLY GET +3, IF NO +3 THEN RARELY CLOSES AT LOWS, DOWNSIDE UNSUSTAINABLE. CHANCES OF +5, +7 ALSO. ALSO THE CLOSE CAN BE VERY ERRATIC. AFTER THIS SYSTEM THERE IS ANOTHER CHANCE OF A +3 THE NEXT DAY,

      ES90
      DOWNSIDE SHOULD BE MORE THAN UPSIDE. USUALLY PRINTS LITTLE POSITIVE AND NEGATIVE CAN BE -5, -7. HIGHS SHOULD BE CONTAINED WITHIN +6 AND GOOD CHANCE OF A NEGATIVE CLOSE.

      SYSTEM SPXF
      MORE CHANCE OF A +3 THAN A -3. IF SPX GAPS DOWN THEN IT USUALLY NEGATES THE POSITIVE CALL AND CAN BE A NEGATIVE SYSTEM

      Spoos closed at 1876.75 (basis Mar)

      K+3 = 1879.75

      K-3 = 1873.75

      Conclusion

      We have NO KHC SYSTEMS in play.

      We also have a BDIP DAY2, BDIP DAY3, BDIP DAY4 & KTS DAY19 in play.

      Plan your trade, trade your plan!

      #4936
      Khalsa
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        Good evening all

        Markets open and close 1 hour early for the next three week (I think).

        So they are already open and trading just -1.50 despite the possible terrorism of the plane crash and news in Ukraine.

        In a way its good they are ignoring it as it will be a case of “the harder it falls”.

        Over to WNER

        Plan your trade, trade your plan!

        #4937
        MAURITIUS
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          Good evening Kman,

          I am glad it’s open already as I am exhausted and could do with some sleep….

          Dan.

          #4939
          Khalsa
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            Well that is more like it.

            Printed a -10 so far with the BDIP’s.

            MS target prints at 1868.50 also, which is what we wanted on Friday.

            Plan your trade, trade your plan!

            #4940
            Khalsa
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              lol and from a -10 to positive again.

              Great it will give me another short again

              Plan your trade, trade your plan!

              #4941
              MAURITIUS
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                The morning I overslept they hit ms target and I miss the close…. Sod em…

                I see the Chinese market tanked 3% last night so hopefully that gives a few jitters…

                Dan.

                #4942
                Khalsa
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                  No GFs for today as the opening gap was less than 3 points.

                  Plan your trade, trade your plan!

                  #4943
                  MAURITIUS
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                    Right, closed my MS bet for 7pts and my other bet a tad higher up for 10 points.

                    #4944
                    Khalsa
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                      The morning I overslept they hit ms target and I miss the close…. Sod em… I see the Chinese market tanked 3% last night so hopefully that gives a few jitters… Dan.

                      Ah Dan, If I saw this post I would have reminded you that MS target usually hits in RTH also.

                      It seems we have done that too.

                      This 1875 is now resistance.

                      I feel very strongly that I should short it here.

                      Plan your trade, trade your plan!

                      #4945
                      Khalsa
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                        Just hit 1870.25 and now “supporting again”.

                        Crook sandwich yet again. 1869 to 1875.

                        Break either and it can run

                        Plan your trade, trade your plan!

                        #4946
                        Khalsa
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                          We are again approaching resistance.

                          Total WNER so far in that it just cannot fall.

                          Resistance now 1874/5.

                          Tempted to short but scared it flies through

                          Plan your trade, trade your plan!

                          #4947
                          Khalsa
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                            Hit 1874.50 and reacted down.

                            DIYD DIYD

                            Plan your trade, trade your plan!

                            #4948
                            Khalsa
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                              I wish I saw some signs of a market that wants to go down, but sadly there is still none.

                              That leads me to suspect it still has more upside and may want to challenge 1900 SPX on this run.

                              It is because of that I am being so cautious and not scalping away on all entries.

                              I really do not want to add to shorts until we get a good signal.

                              Plan your trade, trade your plan!

                              #4949
                              MAURITIUS
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                                yes, total mustard…

                                I remember  day like this with the SPXF system where it did v similar to today. Was nicely negative, got back to level before going back down to lows and back up again once more.

                                Are there any systems you have spotted over the years that trigger nearer to tops rather than at any other time? I am sure, the internals of the market changing may give rise to different triggers.

                                That Oscar video on monthly engulfing candle the other week suggested months of up to come. Was it the same vid or something else that targeted 1984?

                                #4950
                                Khalsa
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                                  Dan I just think its when you get BDIP’s and a KTS that does not deliver and a lack of daily negative KHC’s.

                                  Also when it supports at support levels and then breaks through resistance (like todays 1875).

                                  1885 is a possible target now.

                                  You did very well not being greedy and closing the shorts you did not the dip at MS target.

                                  Plan your trade, trade your plan!

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