THURSDAY 05/02/2015 SYSTEMS & INTRADAY

[Khalsa]

SYSTEMS FOR THURSDAY 5TH FEBRUARY 2015

Hi all,

Recap ….

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

I have 2 longs in oil, 1 Long in spoos, 3 shorts in spoos and 2 swing positions open.

Onto today …

KP
None in play.

KTB
We have a KTB2 triggered at close on 02/02/2015.
TODAY IS DAY3.

KTS
We have a KTS5 triggered at close on 23/01/2015.
It is now negated after DAY6.

SYSTEM BDIP
We have a BDIP triggered at close on 03/02/2015.
TODAY IS DAY2.

DAY1… We got a low of -12.25.
DAY2…
DAY3…
DAY4…

DDUD
We have a DDUD season triggered at close on 29/01/2015.
TODAY IS DAY5.

SYSTEMS TRIGGERED

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

SYSTEM ESG (KHC+3)
SHOULD GET +3 MINIMUM, CAN GO TO +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 ES8 (KHC+3)
MORE CHANCE OF UPSIDE THAN DOWNSIDE. USUALLY GIVES A +3.

SYSTEM SPXG
More chance of upside than downside. Usually get +3,Trading > +3 SPX = chances of +5, +7,+10. Could also gap up open.

SYSTEMSPXH1
CAN GIVE +3,+5,+7 WITH A POSITIVE CLOSE. THE CLUE IS NOT TRADING MUCH NEGATIVE RTH

Spoos closed at 2030.50 (basis Mar)

K+3 = 2033.50

K-3 = 2027.50

Conclusion

We have 2 KHC+3 & 1 KHC-4 SYSTEMS in play.

We have a BDIP DAY2, KTB2 DAY3 & DDUD SEASON DAY5 in play.

Plan your trade, trade your plan!

[MAURITIUS]

Do KTB remains? Sods..

given the the sysstems may bank the shorts I took before….

[MAURITIUS]

Closed shorts for 16 + points basis positive looking systems and KTB still alive.

[Khalsa]

Apologies guys, looks like I need more rest still.

However SYSTEMS are the SAT NAv. I see ESG/SPXG combo has triggered and we have printed a +7 out of +7/+10.

We should do this in RTH also and possibly SU.

Remember if things like this fail, then we can talk a CIT.

See you later

Plan your trade, trade your plan!

[Qman]

Stop now in on 2003 long to bank 40 points, but will let it run for now.

I am NOT moving that stop lower!

[Khalsa]

2050 is now my LIS.

I will stop myself out below that on my long.

Ofcourse it will be a spike and it is most wise to hold longs into NFP’s tomorrow, but for now this is my plan

Plan your trade, trade your plan!

[Khalsa]

Closed 2006.50 long at 2049.50 for 43 points profit

 

Plan your trade, trade your plan!

[Khalsa]

Well there you go. Whipped out!

Wanted to run for NFP’s but this is what the market does best.

In any case I banked 43 points profit and thats very acceptable.

Onto the next trade.

Oops looks like MS donkey is on the edge for a short here at 2053

 

Plan your trade, trade your plan!

[Qman]

Right dipsters I can watch no more. 1:30 am here in Thailand (again!!) I’m off to sleep.

stop is in should MS short trigger. I know exactly what will happen – it will drop to touch my stop and then zoom into NFP’s tomorrow. DIYD DIYD – I will remain committed to my plan of banking at least 40 points from this long.

night all – good luck

[Khalsa]

Goodnight Q. Diyd Diyd.

Plan your trade, trade your plan!

[MAURITIUS]

C’mon u mustard donkey! An aged Greek donkey perhaps!

[smashie212]

One should never be short NFP week, seems to be the same pattern every month.

I reckon the gap all the way down to 2015 gets filled before opex.

[Khalsa]

Absolutely agree Smashie and FED week too.

As it stands, shorts maybe on a good NFP spike or after wner

Plan your trade, trade your plan!

[Khalsa]

MS donkey closes on the edge.

How interesting

Plan your trade, trade your plan!

[smashie212]

Khalsa wrote:

MS donkey closes on the edge. How interesting

Be even more intresting if KTB were to negate (again) in the next day or two.

Rinse , repeat….

[Author]

Posts