MONDAY 29/09/14 SYSTEMS AND INTRADAY

[Khalsa]

SYSTEMS FOR MONDAY 29TH SEPTEMBER 2014

Hi all,

Recap ….

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

I have 1 short in Ftse, 1 short in Dow, 18 shorts in spoos and 2 swing positions open.

Onto today …

KP
None in play.

KTB
We have a KTB2 triggered at close on 26/09/2014.
TODAY IS DAY1.

KTS
We have a KTS5 triggered at close on 25/09/2014.
It is now negated after DAY1.

SYSTEM BDIP

We have a BDIP triggered at close on 16/09/2014.
It is now negated after DAY4.

DAY1… We got a low of -8.50.
DAY2… We got a low of -2.50.
DAY3… We got a low of -6.50.
DAY4… We got a low of -21.25.

We have a Borderline BDIP triggered at close on 15/09/2014.
It is now negated after DAY4.

DAY1… We got a low of -5.75.
DAY2… We got a low of -8.50.
DAY3… We got a low of -2.50.
DAY4… We got a low of -6.50.

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.

ES 5C NEXT DAY (KHC+3)
SHOULD GIVE A +3

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

SYSTEM 70 (KHC +3)
USUALLY GIVES +3

SYSTEM 81 (KHC+3)
USUALLY GIVES +3,+5

SYSTEM SPXD
MORE DOWNSIDE THAN UPSIDE, NEGATIVE BIAS DAY

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

SPX4A

Spoos closed at 1974.25 (basis Dec)

K+3 = 1977.25

K-3 = 1971.25

Conclusion

We have 4 KHC+3 SYSTEMS in play.

We have a KTB2 DAY1 in play.

Plan your trade, trade your plan!

[Khalsa]

aarrgghh KTB in play

Positive SYSTEMS in play

WNER in play

What rhymes with play? Pray!

Time to pray!

Plan your trade, trade your plan!

[Khalsa]

and as I thought. The bear Avatar jinxed it good and proper.

Don’t blame me, blame Smashie lol

I cannot wait for the market to crash on a crooksday. Will the bloomie bimbo’s still call it Happy Friday?

Plan your trade, trade your plan!

[Khalsa]

Well no WNER so far nor upside progress. Does it mean anything this early in the day. NO.

We will only know in RTH what the plan of this is.

Those positive SYSTEMS should give it pull upwards. If it does not thats an ongoing clue to my target of 1955 SPX on this run

Plan your trade, trade your plan!

[Khalsa]

So far then a downmove that started that should have hit 1955 SPX as the target.

Dipsters came in and madly rallied it after each double digit negative day.

Then we come to WNER Monday and its all bullish SYSTEMS wise with a KTB and we are at -7 in globex.

So for now it looks like there is hope again for 1955 SPX to hit on this run.

A rollercoaster for sure and those traders keeping any sort of stops would be wiped out.

 

 

Plan your trade, trade your plan!

[Khalsa]

Taking no chances on WNER.

Closed a 1989 short at 1967 for 22 points.

Still have so many more, so want to bank some now out of frustration. That itself is a good thing when hardened committed bears start getting spooked.

Either way if it bounces I can add back, so its a win win

Plan your trade, trade your plan!

[smashie212]

LOL Kman we sure did jinx it !

The only consolation is if KTB remains in force , Bears will get another chance to short higher up.

with EOQ window dressing KHC might have an effect, then we have NFP’ on fri, so keeping my powder dry -bring it on..

[MAURITIUS]

Ktb could be a hammer day. Hope not.

[Khalsa]

I could be out of action for a few days.

My hard drive has packed up and it seems my backup hard drive is corrupted.

I am install a brand new hard drive now and then going to install windows and then try and see if it recognises the old hard drives to copy stuff across.

I can see the markets on a backup machine but its not the same thing.

Hopefully have some idea by close

Plan your trade, trade your plan!

[Qman]

Sorry to hear that Kman

it’s setting up for a 19 30 low then boom KTB takes over. Which is a bummer cos I never closed my 16999 DOW short with 60 odd points profit earlier.  Here’s hoping I’m wrong

[MAURITIUS]

Hopefully Ktb mustard negates quick this time….

[Author]

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