THURSDAY 07/11/2013 SYSTEMS & INTRADAY

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  • #2015
    Khalsa
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      SYSTEMS FOR THURSDAY 7TH NOVEMBER 2013

      Hi all,

      Recap ….

      Intraday wise …. I banked 7 points in spoos today.

      I have 1 short in Ftse & 19 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 31/10/2013.
      TODAY IS DAY5.

      SYSTEM BDIP
      We have a BDIP triggered at close.
      TODAY IS DAY2.

      DAY1… We got a low of -12.25.
      DAY2… We got a low of -0.75.
      DAY3…
      DAY4…

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

      SYSTEMS TRIGGERED

      We have NO SYSTEMS in play today.

      Spoos closed at 1765.25 (basis Dec)

      K+3 = 1768.25

      K-3 = 1762.25

      Conclusion

      We have NO KHC SYSTEMS in play.

      We have a BDIP DAY3 & KTS DAY5 in play.

      Plan your trade, trade your plan!

      #2016
      Khalsa
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        NO SYSTEMS yet again. Wowee. BDIP and KTS combo remains but the dipsters are just keeping this so perky.

        I said a week ago that this is going to be the pattern ie whippy to shake longs and shorts out.

        However I did think that the high was going to come in early this week but with NFP’s Friday now, hard to say.

        I am day short and MS donkey has closed on the edge.

        As a result of the donkey we should gap down tomorrow.

        Therefore I have cancelled my 3 point limits and instead put in limits at 1761 for 4 points to close.

        Plan your trade, trade your plan!

        #2017
        Khalsa
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          Good morning,

          These mustards always make it so personal.

          The low overnight was 1761.75. Had I left my limits in at 1762 they would have been hit. Because I moved them to 1761, they have not.

          We shall see what happens next.

          FTSE still not interested

          Plan your trade, trade your plan!

          #2018
          MAURITIUS
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            Hi Khalsa,

            This market is so skewed with QE it’s nuts, but that’s the hand we are dealt so we have to deal with it.

            I have been waiting for a short opportunity but am wary with NFP tomorrow now.

            Could short any positive for a gap down donkey edge trade, but we have been lower….does it revisit the lows or gap down 0.25 lol.

            Keep watching….

            Dan.

            #2020
            Khalsa
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              Well if ever it needed more juice to just carry on up, here you go.

              ECB cuts rates from 0.50% to 0.25%. Things must be really bad if so.

              However it means more free cheap money so Buy’em

              Donkey on the edge said gap down 90% chance. 10% is that it gaps up and then quick gap fill.

              Sadly I just cannot add more as its NFP’s tomorrow buy if I was flat just playing SYSTEMS, I would short for it.

              Lets see

              Plan your trade, trade your plan!

              #2022
              Khalsa
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                The rate cut was all needed anyway as Europe is in chit creek.

                All those bailouts need to be paid back and with austerity, no growth, no chance of paying it back. On top of that the strong Euro has killed exports.

                Atleast the rate cut has brought the Euro down

                Plan your trade, trade your plan!

                #2023
                MAURITIUS
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                  Markets aside – they are taking the world to some place not too nice….

                  This is going to end in complete and utter disaster…..

                  Don’t these idiots read history? I suspect they do but they don’t care.

                  #2024
                  MAURITIUS
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                    Short 1770.38

                    Not bad odds of a fill….

                    #2025
                    MAURITIUS
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                      I was only thinking this morning that perhaps the dollar had begun its move into its death spiral…. Pound and euro were doing well against it….. So what Do they do…..weaken euro demand cutting rates and make USA seem place to be. It’s all lies to keep dollar holders happy as when they repatriate the exported dollars, the dollar is dead.

                      #2026
                      Khalsa
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                        Spot on Dan. Its all a game, nothing more. Nothing is real anymore.

                        Plan your trade, trade your plan!

                        #2027
                        Khalsa
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                          Good short Danny Boy.

                          Do you just play gap fill as per GFS or do you get mega bearish hold this and get stopped out 20 points higher lol

                          Plan your trade, trade your plan!

                          #2028
                          MAURITIUS
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                            Closed for 4 points…

                            #2029
                            MAURITIUS
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                              I can’t afford to run stuff… I suppose I could have put stop at break even but 4 points in 17 minutes isn’t bad…..

                              #2030
                              Khalsa
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                                Gap filled as per donkey on the edge.

                                Now thats a good trade Danielle.

                                My advice now (where we all go wrong not to do) is to walk away and wait for the next setup.

                                It missed my limits this morning because I moved them. Had I not moved them I would have shorted and closed again.

                                This way I have banked nothing and losing on the day.

                                Plan your trade, trade your plan!

                                #2031
                                Khalsa
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                                  However Dan, sods law to you now says it will go on to print a BDIP/KTS -5/-7 lol

                                  Plan your trade, trade your plan!

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