THURSDAY 09/01/2014 SYSTEMS & INTRADAY

[Khalsa]

SYSTEMS FOR THURSDAY 9TH JANUARY 2014

Hi all,

Recap ….

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

I have 1 short in Ftse, — shorts in spoos and 2 swing positions open.

Onto today …

KP
None in play.

KTB

None in play.

KTS
We have a KTS5 triggered at close on 02/01/2014.
TODAY IS DAY5.

SYSTEM BDIP

We have a BDIP triggered at close on 08/01/2014.
TODAY IS DAY1.

DAY1…
DAY2…
DAY3…
DAY4…

We have a BDIP triggered at close on 31/12/2013.
It is now negated after DAY4.
DAY1… We got a low of -24.50.
DAY2… We got a low of -6.00.
DAY3… We got a low of -6.00.
DAY4… We got a low of -1.00.

We have a BDIP triggered at close on 27/12/2013.
It is now negated after DAY4.
DAY1… We got a low of -3.00.
DAY2… We got a low of -0.75.
DAY3… We got a low of -24.50.
DAY4… We got a low of -6.00.

We have a BDIP triggered at close on 26/12/2013.
It is now negated after DAY4.
DAY1… We got a low of -3.25.
DAY2… We got a low of -3.00.
DAY3… We got a low of -0.75.
DAY4… We got a low of -24.50.

DDUD

None in play.

SYSTEMS TRIGGERED

ESL1 NEXT DAY
GOOD CHANCE OF A -3

SYSTEM SPX6
SHOULD BE MORE DOWNSIDE THAN UPSIDE, COULD BE A TRENDING DAY

SPXC
Spx <-4 should give big down -7/-10. Likewise <+3 high will trade negative and close negative. Conclusion may be short +2 Spx. Rarely closes at highs

 

Spoos closed at 1832.25 (basis Mar)

K+3 = 1835.25

K-3 = 1829.25

Conclusion

We have NO KHC SYSTEMS in play.

We have a BDIP DAY1 & KTS5 DAY5 in play.

Plan your trade, trade your plan!

[Khalsa]

Even THE SYSTEMS are drying up in anticipation of NFP’s Friday.

We spent all day bwterrn the support and resistance identified.

The same levels are in play for now on Thursday.

Plan your trade, trade your plan!

[MAURITIUS]

that move up at the end wednesday looked like NPR?

tomorrow looks good for down…..

[MAURITIUS]

any news on MS?

[MAURITIUS]

Reading “The Panic of 1907”

JP Morgan is said to have disapproved of the speculative gangs that plunged in and out of the market.

Lol he’d turn in his grave if that’s true…..

[Khalsa]

I saw a programme about JPM and he was amazingly ruthless.

An awesome businessman

Plan your trade, trade your plan!

[Khalsa]

No new news on MS Dan.

Yes move up into close was NPR but Dan it was in crookshour, so usually I do not count that as anything can and will happen in  crookshour

Plan your trade, trade your plan!

[MAURITIUS]

1828-1839 range so far so we managed to get higher.

is the -4 -5 we got it for downside today? Two of the -ve systems are spx rather than es so maybe not. If I wasn’t short so much I may take this as a short for a move to negative, but will keep powder dry I think. Its +4 +5 zone now.

[MAURITIUS]

gap filled….

[Khalsa]

Sods law, I needed to pop out and was happy to do so basis it was all going mad up and NFP’s tomorrow.

Then I come back to this!

 

Plan your trade, trade your plan!

[MAURITIUS]

-5.5 now…

dare we have a top? maybe if this can break support properly we can…

[Khalsa]

Back to 1826/8 area again.

Below this it targets the 1820.50 gap

 

Plan your trade, trade your plan!

[MAURITIUS]

Fancy going to watch City Kman!!? 🙂

May come up for Chelsea match. Feb 3rd. Trying to get my brothers to come…

[MAURITIUS]

looks like the NFP is the game and stuck in this dumb range. I suspect it rises from here til the data comes out…

-2.5 now.

[Khalsa]

Absolutely agree. In a way disappointed that I have not traded this range like I normally do.

Over to tomorrow

Plan your trade, trade your plan!

[Author]

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