THURSDAY 03/07/2014 SYSTEMS & INTRADAY

[Khalsa]

SYSTEMS FOR THURSDAY 3RD JULY 2014

Hi all,

Recap ….

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

I have 1 short in Ftse, 21 shorts in spoos and 2 swing positions open.

Onto today …

KP
None in play.

KTB
We have a KTB triggered at close on 25/06/2014.
TODAY IS DAY6.

KTS
We have a KTS triggered at close on 16/06/2014.
It is now negated after DAY1.

SYSTEM BDIP

We have a BDIP triggered at close on 02/07/2014.
TODAY IS DAY1.

DAY1…
DAY2…
DAY3…
DAY4…

DDUD
None in play.

SYSTEMS TRIGGERED

ESL1 NEXT DAY
GOOD CHANCE OF A -3

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.

ES10
DOJI DAY WITHIN A 8 POINT RANGE AND TOWARDS -VE BIAS. ANY GAP UP OPEN SHOULD FILL THE SAME 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.

ES96A (KHC-3)
USUALLY GIVES A +3 AND A -3. DOES NOT CLOSE NEAR HIGHS OR LOWS

SYSTEM SPXD
MORE DOWNSIDE THAN UPSIDE, NEGATIVE BIAS DAY

SPX 10A
Does not close near highs or lows

Spoos closed at 1967.75 (basis Sep)

K+3 = 1970.75

K-3 = 1964.75

Conclusion

We have 1 KHC-3 SYSTEMS in play.

We have a KTB DAY6 & BDIP DAY1 in play.

Plan your trade, trade your plan!

[Khalsa]

We have SPXD which is a bearish SYSTEM.

We have a new BDIP.

Yet its NFP’s and a holiday tomorrow.

So for now no trades and just continue to wait for a signal again.

 

Plan your trade, trade your plan!

[smashie212]

Good numbers:

Payrolls expand to 288,000 (previous 216K) , unemployment drops to nearly 6-year low of 6.1%

If this sells off  (and hell freezes over) then we may finally have a sea change in sentiment toward good news being sold

[Khalsa]

We have a Borderline GFS triggered for today.

Navnit

Plan your trade, trade your plan!

[Khalsa]

Markets closed. Yeehaa. Atleast it cannot go up anymore today.

SPX now 15 points away from 2000.

Nothing has made this market go down or kept it down.

They like todays strong numbers and other days they like weak numbers too.

I really do not know what the game is anymore. It was a game of waiting patiently, it has been a game of scalping daily,

Lets see what post 4th July brings but we start as usual with a WNER.

Have a great mini break guys

 

Plan your trade, trade your plan!

[MAURITIUS]

is ktb still in force ??

this is getting tempting…

[MAURITIUS]

http://www.ronpaulchannel.com/editorial/rons-blog/wall-street-ignores-june-data-jobless-claims-underemployment/

 

In spite of the new jobs created in June, jobless claims rose by 2,000 to 315,000. Full-time jobs in June decreased by 523,000 while part-time jobs increased by 800,000. No real wage increases in the past two months.

[MAURITIUS]

July 4th… I can’t help feeling the scum may pull some false flag event.

It’s saturday so no markets can react….

We know what these idiots are capable of….

[MAURITIUS]

lol ignore me…I am getting old and getting my days muddled up…

[Khalsa]

Computer trading is such a different game nowadays.

With computers off today, looking at a 5 minute chart is madness.

Plan your trade, trade your plan!

[Khalsa]

An event on a day like this when computers are off, will create a mega FFY.

Make sure you all have limits n to close somewhere below (however ridiculous the number sounds)

Plan your trade, trade your plan!

[Author]

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