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!

[Author]

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