MONDAY 25/11/13 SYSTEMS AND INTRADAY CHAT

[Khalsa]

SYSTEMS FOR MONDAY 25TH NOVEMBER 2013

Hi all,

Recap ….

Intraday wise …. I banked 0 points in spoos 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 KTB2 triggered at close on 24/10/2013.
IT IS NOW NEGATED AFTER DAY4.

KTS

We have a KTS2 triggered at close on 18/11/2013.
It is now negated after DAY4.

SYSTEM BDIP

We have a BDIP triggered at close on 15/11/2013.
It is now negated after DAY4.

DAY1… We got a low of -9.50.
DAY2… We got a low of -6.75.
DAY3… We got a low of -10.75.
DAY4… We got a low of -4.00.

We have a BDIP triggered at close on 13/11/2013.
It is now negated after DAY4.

DAY1… We got a low of -1.25.
DAY2… We got a low of -1.25.
DAY3… We got a low of -9.50.
DAY4… We got a low of -6.75.

DDUD

We have a DDUD season triggered at close on 11/07/2013.
It is now negated after DAY2.

SYSTEMS TRIGGERED

ESL1 NEXT DAY
GOOD CHANCE OF A -3

ESL2
USUALLY GIVES -4/-7

SYSTEM ES3
SHOULD GET -3. UPSIDE AND DOWNSIDE UNSUSTAINABLE. LOWS TRADED SHOULD BE LOWER THAN HIGH TRADED, SHOULD NOT CLOSE AT HIGHS, IF WE TRADE < -3 CHANCE OF -7, -10.

SYSTEM SPX3
SHOULD GET -3/-5. IF SPX TRADES < +3 HIGH THEN CHANCE OF TRENDING DOWN

SPX 7B

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 1801.25 (basis Dec)

K+3 = 1804.25

K-3 = 1798.25

Conclusion

We have NO KHC SYSTEMS in play.

Plan your trade, trade your plan!

[Khalsa]

Well wow No SYSTEMS, BDIP or KTS or MS in play.

Now that is interesting.

What does it mean.

Stay tuned to another edition of “Who wants to try and beat the crooks” lol

Seriously speaking, its WNER day and it remains in a MAD MODE.

I will post some levels later and only if they break or the intraday SU or intraday CIT level break, can we see downside.

Once WNER is over, we can concentrate on closing any open shorts on Tuesday in profit

Plan your trade, trade your plan!

[MAURITIUS]

Aaaaah sick man

1809 ….

Hope it pops n drops.. A few of those systems indicatenegative even if not khc’s. Problem I see is negated BDIP and kts both giving it some oomph, let alone wner…

[Khalsa]

Good morning all.

That 1809.25 now is a marker for me to short as a retest for an opening RTH high.

However for now I need to pop out at short notice.

I hope to be back by market open but if not, I think not being here WNER nowadays probably helps.

See you shortly.

Plan your trade, trade your plan!

[smashie212]

EOM November traditionally marks end of trading year for hedge funds, wondering if this will  limit any further rises as they book profits from being long QE and shut up shop before christmas ?

[Khalsa]

Just got back. What a day.

MS goes short

Plan your trade, trade your plan!

[Khalsa]

crook sandwaich 1802 to 1806.

Comprises of  1806 intraday cit and 1802 SU level.

Just yet another typical WNER day which sets up for a down tuesday.

Plan your trade, trade your plan!

[smashie212]

Khalsa wrote:

Just got back. What a day. MS goes short

Another ‘ mini  ‘ CIT ? either thanksgiving will be high or a low …

 

[Khalsa]

Smashie …. As soon as we get the second KTS and a BDIP combo, I will be confident top is in.

Not sure if MS will be a one day wonder ot a mini CIT really

So far today is weak WNER which is usually a precursor to a retrace tuesday.

FOr now if MS target hits today or tomorrow, I am happy and grateful for the points banked

Plan your trade, trade your plan!

[Khalsa]

Mega super yeehaa.

MS has printed its 5 point target.

My MS short has just been closed at 1800 for 5 points.

As always tempted to run but not falling for that game by the crooks

5 points in victorious in this market on WNER day.

Onto the next signal. Target here should be the 7 point target and 1796.50 ish

Plan your trade, trade your plan!

[MAURITIUS]

Too busy to catch that MS but may have left it as I don’t want to get too heavy short and get killed on a  rally first.

Any EW for tomorrow Budgie Lover? 🙂

[MAURITIUS]

Off topic

I changed my accountant. I owed him some cash and still owe him a bit although I don’t really believe he deserves it.

Anyhow, I need a sage back up from him to do the next year of accounts. Can the mustard withhold it until I pay in full or is the info legally mine?

Dan.

[Khalsa]

Dan nothing obvious. Just starting study for the systems now.

Will post in new thread shortly

Plan your trade, trade your plan!

[Author]

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