MONDAY 24/03/14 SYSTEMS AND INTRADAY

[Khalsa]

SYSTEMS FOR MONDAY 24TH MARCH 2014

Hi all,

Recap ….

Intraday wise …. I banked 10 points in spoos 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 17/03/2014.
IT IS NOW NEGATED AFTER DAY3.

KTS
We have a KTS5 triggered at close on 21/03/2014.
TODAY IS DAY1.

SYSTEM BDIP

We have a BDIP triggered at close on 20/03/201.
Today is DAY2.

DAY1… We got a low of -21.75.
DAY2… We got a low of -10.75.
DAY3…
DAY4…

We have a BDIP triggered at close on 18/03/201.
Today is DAY4.

DAY1… We got a low of -21.75.
DAY2… We got a low of -6.25.
DAY3… We got a low of -10.75.
DAY4…

DDUD
None in play.

SYSTEMS TRIGGERED

ESL1 NEXT DAY
GOOD CHANCE OF A -3

SYSTEM ESG (KHC+3)
SHOULD GET +3 MINIMUM, CAN GO TO +5,+7,+10.

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

SYSTEM ES8 (KHC+3)
MORE CHANCE OF UPSIDE THAN DOWNSIDE. USUALLY GIVES A +3.

SYSTEM SPXG
More chance of upside than downside. Usually get +3,Trading > +3 SPX = chances of +5, +7,+10. Could also gap up open.

SYSTEMSPXH1
CAN GIVE +3,+5,+7 WITH A POSITIVE CLOSE. THE CLUE IS NOT TRADING MUCH NEGATIVE RTH

Spoos closed at 1857 (basis Jun)

K+3 = 1860

K-3 = 1854

Conclusion

We have 2 KHC+3 SYSTEMS in play.

We also have a BDIP DAY4, BDIP DAY2 & KTS5 DAY1 in play.

Plan your trade, trade your plan!

[Khalsa]

2 KHC’s +ve’s and we are +1.75 already, so thats good.

However we have a double BDIP still and a KTS5.

Although its WNER, these look bearish and hopefully leading to a bearish week also, even if there is some WNER pull tomorrow.

I want to short but will wait until the morning for now

 

Plan your trade, trade your plan!

[Khalsa]

Good morning all,

Right I see a +7.50 also printed overnight.

So now I need to make a decision. Do I short now, on a possible RTH opening high or wait for WNER to be over.

For now it is possible the 2nd or 3rd option

Plan your trade, trade your plan!

[Khalsa]

We do have a GFS triggered today. Unfortunately nearly no gap left now.

Plan your trade, trade your plan!

[MAURITIUS]

The gap is as good as filled…

Now will it break or support? Could be kts pop n drop special?

I am knocked out with some mustard virus. Not long got out of bed..lol

[MAURITIUS]

a little flag and down to 1845?

Cmon u mustards….

[MAURITIUS]

been to 1841…

that worked nicely.

I closed my 1853 bet for 7 points earlier.

I now have my 6 bets still averaging 1785 in old march contract. I have made some extra points along the way so given the difference in contracts and what I made its still prob about 1785 or maybe 1790 june.

With the kts and bdips, I think we have to be quietly confident, but one day at a time I guess. Any signs of a donkey tonight?

Also, how is KAIS looking?

Dan.

[Khalsa]

Its all non conclusive Dan.

I am extremely happy to get it right about shorting RTH open as that was the high before it fell 25 points.

Happy to see wner DOWN AS PER systems

However it could just be a reversal of crooks quad oe pollux.

One day means nothing in these markets and it remains one day at a time.

Plan your trade, trade your plan!

[smashie212]

kman – there’s  still the unfilled gap at 1840 cash correct ?

[Khalsa]

Indeed 1833 on the current ES contract Smashie

Plan your trade, trade your plan!

[Author]

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