THURSDAY 04/11/2015 SYSTEMS & INTRADAY

[Khalsa]

SYSTEMS FOR THURSDAY 5TH NOVEMBER 2015

Hi all,

Recap ….

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

I have 11 shorts in spoos & 2 swing positions in spoos open.

Onto today …

KP
None in play.

KTB
We have a KTB triggered at close on 14/10/2015.
It is now negated after DAY15.

KTS
We have a KTS triggered at close on 04/11/2015.
TODAY IS DAY1.

SYSTEM BDIP
None in play.

DDUD
None in play.

SYSTEMS TRIGGERED

ESL2 NEXT DAY (KHC-4)
GIVES -4/ -7

ESC
CAN GET A +3 BUT SHOULD GET A -3. CHANCES OF -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 SPXH1
CAN GIVE +3,+5,+7 WITH A POSITIVE CLOSE. THE CLUE IS NOT TRADING MUCH NEGATIVE RTH

Spoos closed at 2094.75 (basis Dec)

K+3 = 2097.75

K-3 = 2091.75

Conclusion

We have 1 KHC-4 SYSTEMS in play.

We have a KTS DAY1 in play.

Plan your trade, trade your plan!

[Qman]

Cool – KTS. Let’s hope it lasts longer than 2 days like the last one.

And burns those mustards who bought it up 4 odd points into the close.

[Khalsa]

Nice to see a KHC -ve and a KTS.

2090 is the level to break now.

2100/3 is the level to hold.

Not much more to say really at this stage apart from both yesterdays shorts in the money now and happy with my timing but now that I mentioned I am in profit, its all over  😡

 

Plan your trade, trade your plan!

[Khalsa]

So now today we see if its one day down and then ramp back up.

Below 2090 nothing really to 2070, but I just cannot see what will make it sell off to there pre NFP’s

So maybe a irritating cabbage today for max confusion?

 

 

Plan your trade, trade your plan!

[MAURITIUS]

At 2100… Perhaps a great short given the hold level…..

as you say NFP tomorrow suggests cabbage til then but occasionally the mustard falls away before.

[MAURITIUS]

Plus 9

someone flick the switch….

hoping KTS will magnet it down

[Khalsa]

Very nice KTS pop and drop

Plan your trade, trade your plan!

[Khalsa]

I will give the KTS credit. First day of a pop and drop like this and it is KTS DAY1.

Ideally now we need to hold 2090/3 area as resistance.

I mentioned 2070 this morning as a downside target, but remain very skeptical we can see it this side of NFP’s.

It would be lovely to though

Plan your trade, trade your plan!

[Khalsa]

Oh dear, the next obstacle is 3.30pm +-10 mins early low.

 

Plan your trade, trade your plan!

[Qman]

We’ve seen a few dips lately – let’s hope the KTS can hold this mustard down.

[Khalsa]

Taking no chances.

Closed 2108.50 short at 2086 for 22 points.

Closed 2099 short at 2086.50 for 12.50 points.

Best I could do there

 

Plan your trade, trade your plan!

[Khalsa]

Am I glad or am I glad I closed them.

Plenty more bites at the cherry but for now NFP’s rule.

2090/3 resistance got smashed through and now its up to that 2100/3 area before 2110/3.

No surprise to me that although we should have seen 2070, we did not (as per my hunch).

 

 

Plan your trade, trade your plan!

[Khalsa]

2097 is now resistance to hold. Its the ongoing CIT. We are below as it stands

Plan your trade, trade your plan!

[kitsu]

Khalsa does  the kts tend to  last  a certain period of time or is it negated if price moves up beyond a certain level? I recall some negate quickly

[Khalsa]

Kitsu … The first kts after a mad uptrend can negate quickly and open way to a second kts.

This would tie in with a possible nfp ramp tomorrow.

 

Plan your trade, trade your plan!

[Author]

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