THURSDAY 05/12/2013 SYSTEMS & INTRADAY

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  • #2699
    Khalsa
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      SYSTEMS FOR THURSDAY 5TH DECEMBER 2013

      Hi all,

      Recap ….

      Intraday wise …. I banked 3.50 points in spoos today.

      I have 1 short in Ftse & 18 shorts in spoos and 2 swing positions open.

      Onto today …

      KP
      None in play.

      KTB

      We have a KTB2 triggered at close on 24/10/2013.
      IT IS NOW NEGATED AFTER DAY4.

      KTS

      We have a KTS triggered at close on 26/11/2013.
      It is now negated after DAY5.

      SYSTEM BDIP

      We have a BDIP triggered at close on 04/12/2013.
      TODAY IS DAY1.

      DAY1…
      DAY2…
      DAY3…
      DAY4…

      We have a BDIP triggered at close on 02/12/2013.
      TODAY IS DAY3.

      DAY1… We got a low of -14.00.
      DAY2… We got a low of -13.75.
      DAY3…
      DAY4…

      DDUD

      We have a DDUD season triggered at close on 11/07/2013.
      It is now negated after DAY2.

      SYSTEMS TRIGGERED

      ESH1 NEXT DAY (KHC+3)
      USUALLY GIVES +3, IF IT GAPS DOWN THEN IT CAN GIVE A DDDD AND THEN BOUNCE AND MAKES A +3 LESS LIKELY.

      ESB
      SHOULD GET +3 AND -3 BOTH. CAN BE A TRENDING SYSTEM. > +5 SHOULD TREND UP AND < -5 SHOULD TREND DOWN.

      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 81A (KHC-5)
      USUALLY GIVES A BIG NEGATIVE PRINT AND CLOSES NEGATIVE, BUT IT CAN BE VIA A +3/+5

      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

      Spoos closed at 1792 (basis Dec)

      K+3 = 1795

      K-3 = 1789

      Conclusion

      We have 1 KHC+3 and 1 KHC-5 SYSTEMS in play.

      We have a BDIP DAY1 AND a BDIP DAY3 in play.

      Plan your trade, trade your plan!

      #2700
      Khalsa
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        I managed to bank just 3.50 points yesterday which is disappointing for me given the bias.

        Still any profit is good!

        So where now?

        I expect volatility to pick up to 20 points a day.

        The BDIP’s should continue to give downside

        We are on alert for another KTS

        I would say ideally we need to stay below 1797/1799 now for it to be immediately bearish.

        The current BDIP has given a -13 on both days.

        I have no inclination here to be in a new position overnight.

        The bad news is that we have to be careful as its a FED day tomorrow and then NFP’s friday.

        This looks and feels a time to me that we will all be too scared to be short into NFP’s and it will be down and trend down on that

         

         

        Plan your trade, trade your plan!

        #2702
        MAURITIUS
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          Tempted given the volatility to short now.

          I get the feeling negativity will come first and then up, even though one system sort of suggests pop n drop.

          Probably be pop, drop, pop, drop and pop…lol

          No I will do nothing. A good day. I will wait for MS or GFS or something.

          Good night,

          Dan.

          #2706
          Khalsa
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            Good morning all,

            Again a 4 point range overnight.

            again looks like the calm before the storm?

            Plan your trade, trade your plan!

            #2709
            Khalsa
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              The GFS has not triggered today.

              Plan your trade, trade your plan!

              #2710
              Khalsa
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                The support is 1780 and the next resistance is at 1790 now.

                 

                Plan your trade, trade your plan!

                #2713
                Khalsa
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                  The Ms donkey is on the edge now, We will have a MS short trigger very soon.

                  Plan your trade, trade your plan!

                  #2714
                  smashie212
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                    The Ms donkey is on the edge now, We will have a MS short trigger very soon.

                    Was that your Christmas pressy to Dan ?

                    #2715
                    smashie212
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                      The Ms donkey is on the edge now, We will have a MS short trigger very soon.

                      Was that your Christmas pressy to Dan ?

                      #2716
                      Khalsa
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                        lol smashie.

                        No MS trigger but will post as soon as it does.

                        1784 and 1791 are the crook sandwich numbers now.

                        I never got to short a rally like I wanted as it did not go high enough

                        Plan your trade, trade your plan!

                        #2717
                        Khalsa
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                          ie I wanted 1797/9 to short as per POST2.

                          I see double BDIP printed a -7 again. That is beautiful but sadly mustard dipsters are so alive and kicking that it just cannot trend down for a day even

                          So sad to see as in a downtrend a double BDIP would give us -17/-23 daily

                          Plan your trade, trade your plan!

                          #2718
                          Khalsa
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                            Short 1787. Scrambled in on way down.

                            I am hopeful with it in view of MS being close

                            (MS will be in a double BDIP phase)

                            Plan your trade, trade your plan!

                            #2719
                            Qman
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                              Bludy mustards – every time I look to see how we’re doing it jumps a couple if points! Not looking again – see you after close

                              #2720
                              MAURITIUS
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                                Bloody donkey gonna close on the edge isn’t it! In which case is it a gap up that fills or a straight gap down?

                                There again, it could surprise and jump before close….

                                Dan.

                                #2721
                                Khalsa
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                                  MS Donkey on the edge!

                                  Plan your trade, trade your plan!

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