THURSDAY 05/03/2015 SYSTEMS & INTRADAY

[Khalsa]

SYSTEMS FOR THURSDAY 5TH MARCH 2015

Hi all,

Recap ….

Intraday wise …. I banked 12 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.
It is now negated after DAY11.

KTS
We have a KTS2 triggered at close on 18/02/2015.
Today is DAY11.

SYSTEM BDIP

We have a BDIP triggered at close on 17/02/2015.
It is now negated after DAY4.

DAY1… We got a low of -7.25.
DAY2… We got a low of -8.25.
DAY3… We got a low of -13.00.
DAY4… We got a low of -7.50.

DDUD
We have a DDUD season triggered at close on 29/01/2015.
It is now negated after DAY16.

SYSTEMS TRIGGERED

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 ES2 (KHC +3)
SHOULD GET +5, CHANCES OF DOUBLE DIGIT HIGH DAY IF LOW TRADE IS > -2, RARELY CLOSES AT HIGHS BUT GOOD CHANCE OF POSITIVE CLOSE. GOOD CHANCE OF GAP UP OPEN

ES4 (KHC+3)

ES111 (KHC+3)
SHOULD GET A +3/+5. CHANCE OF A POSITIVE CLOSE.

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

SPX 19 (KHC+3)
SHOULD GIVE +3/ +5. POSSIBLE GAP & GO DAY.

Spoos closed at 2096.50 (basis Mar)

K+3 = 2099.50

K-3 = 2093.50

Conclusion

We have 4 KHC+3 SYSTEMS in play.

We have a KTS2 DAY11 in play.

Plan your trade, trade your plan!

[Khalsa]

With an SFD yesterday and 4 KHC+ve’s today, I think ECB / NFP’s can give a good positive.

Hard call as I see reasons for downtrend started (ie a close below 2100) but also the SFD as a reason for a reversal back up.

I am long and will put limits in at 2001.50 for 5 points profit.

Plan your trade, trade your plan!

[MAURITIUS]

Buy Em you mustard dip buyers!!!

[Khalsa]

High was a +2.75.

I think with the KHC’s we should be looking at a +5 minimum.

That would take us to 2001.50. However it is quite possible the SFD yesterday creates more of a reaction.

Plan your trade, trade your plan!

[Qman]

DAX now 35% up from October lows – wow, wait till QE kicks in lol. 13,000 by May?

[MAURITIUS]

Lol Qman,

It’s totally ridiculous but who says it can’t get even more ridiculous….

The higher it goes mind, the harder the eventual fall.

Off on a stag do tomorrow to Amsterdam!  Looking at tulips. 🙂

Dan.

[Khalsa]

My limits have been hit at 2001.50 to bank 5 points on yesterdays long

Plan your trade, trade your plan!

[Khalsa]

Above 2000.50/2001.50 can break this downtrend and start an uptrend.

Plan your trade, trade your plan!

[MAURITIUS]

Good evening…. A boring day it seems….. Sideways into NFP’s

 

[Khalsa]

Good evening Dan,

Yes but its hotted up now with it approaching 2000.50/2001.50 all for crookshour and into close.

If we close here, it leaves it open to go anyway tomorrow on NFP’s, which is always a gamble anyway.

Plan your trade, trade your plan!

[MAURITIUS]

Still not really covered the sfd day so perhaps we have a pop at the very minimum upside wise tomorrow.

I’ll probably be at Dover when they get announced so will try and check phone…..

[Qman]

Dover……….You swimming over?

Have a great weekend Dan

[MAURITIUS]

Stag wanted a road trip, and a boat trip….

[Author]

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