THURSDAY 06/08/2015 SYSTEMS & INTRADAY

[Khalsa]

SYSTEMS FOR THURSDAY 6TH AUGUST 2015

Hi all,

Recap ….

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

I have 5 shorts in spoos and 2 swing positions open.

Onto today …

KP
None in play.

KTB
We have a KTB triggered at close on 04/08/2015.
TODAY IS DAY2.

KTS
We have a KTS triggered at close on 30/07/2015.
It is now negated after DAY3.

SYSTEM BDIP
We have a BDIP triggered at close on 29/07/2015.
It is now negated after DAY4.

DAY1… We got a low of -13.50.
DAY2… We got a low of -8.75.
DAY3… We got a low of -18.50.
DAY4… We got a low of  -9.25.

We have a BDIP triggered at close on 28/07/2015.
It is now negated after DAY4.

DAY1… We got a low of -2.75.
DAY2… We got a low of -13.50.
DAY3… We got a low of -8.75.
DAY4… We got a low of -18.50.

DDUD
We have a DDUD Season triggered at close on 01/07/2015.
It is now negated after DAY7.

SYSTEMS TRIGGERED

ESH3 ND (KHC+5)
SHOULD GET +5

ESH
USUALLY GET +3 AND -3. MORE CHANCE OF -3. NORMALLY IS A DOJI TYPE DAY WITHIN +5 AND -5. TRADING < -5 GIVES CHANCE TO SD DAY

ESH4 (KHC+5)
SHOULD GET +5/+7 AND VERY PROBABLE POSITIVE CLOSE

ESH10
CHANCE OF +3/+5, IF IT GOES FOR LOWS IT SHOULD NOT CLOSE AT LOWS. HOWEVER COULD BE A VERY BIG RANGE DAY.

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 SPXH1
CAN GIVE +3,+5,+7 WITH A POSITIVE CLOSE. THE CLUE IS NOT TRADING MUCH NEGATIVE RTH

SPX4A

Spoos closed at 2093.75 (basis Sep)

K+3 = 2096.75

K-3 = 2090.75

Conclusion

We have 2 KHC+5 SYSTEMS in play.

We have a KTB DAY2 in play.

Plan your trade, trade your plan!

[MAURITIUS]

Ok it can plus 5, then tank for -17 system 🙂

[Qman]

Jumps 5 points on highest job lay offs for 4 years. Still bad news = good news mode.

[smashie212]

Qman

Still continue to believe nfp’s are holding up the downside. Key NAS bellwether apple has broken a key trend line for me, DOW is below 2044 SPX equivalent, I reckon its ready to rock and roll. Be interesting to see what SPX does between employment numbers and opex.

[Khalsa]

You bet.

DING DING. Lets do it.

NO GFS as gap < 3 points.

Plan your trade, trade your plan!

[Khalsa]

Yeehaa.

Bring it on!

2083 is yesterdays gap, seems like following on from yesterdays post, it is indeed the aim

Plan your trade, trade your plan!

[Khalsa]

Khalsa wrote:

Well it broke quick whilst I was at the dentist and the next level; was 2092, which got hit. So for now its not that bullish. Should 2092 break down, we are back to a clear trend down imo and this was just a bear squeeze today. Lets see where we are later but further weakness will lead to the opening gap today filling later / tomorrow. How I wish we had GFS today

SO will it hold below 2092?

Plan your trade, trade your plan!

[Khalsa]

2083 prints.

Nearly back to that 2080 inflexion point.

Below that the fun starts (again!)

Plan your trade, trade your plan!

[Khalsa]

You beauty!

Plan your trade, trade your plan!

[Khalsa]

Realistically I see nothing now until a low 206x.x print.

No guarantee it will go straight there but whatever the bounces, thats the target for now.

 

Plan your trade, trade your plan!

[smashie212]

kman

is it likely that the KTB negates today ? that was supposed to be a CIT of sorts.

[Khalsa]

I think as the KTB failed yesterday, it was the CIT of sorts.

Yes it looks  like it will negate on close

Plan your trade, trade your plan!

[MAURITIUS]

Good afternoon Mustards…. 🙂

[MAURITIUS]

Ftse seems high given Spoos tank…..

[Qman]

Afternoon Dipsters……..what a lovely day

[Author]

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