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SYSTEMS FOR THURSDAY 10TH APRIL 2014
Hi all,
Recap ….
Intraday wise …. I banked 0 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 17/03/2014.
IT IS NOW NEGATED AFTER DAY3.KTS
We have a KTS5 triggered at close on 04/04/2014.
TODAY IS DAY4.SYSTEM BDIP
We have a BDIP triggered at close on 02/04/2014.
It is now negated after DAY4.DAY1… We got a low of -7.25.
DAY2… We got a low of -27.75.
DAY3… We got a low of -25.50.
DAY4… We got a low of -7.50.DDUD
None in play.SYSTEMS TRIGGERED
ESL1 NEXT DAY
GOOD CHANCE OF A -3ESH
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 DAYESL2
USUALLY GIVES -4/-7SYSTEM ES3
SHOULD GET -3. UPSIDE AND DOWNSIDE UNSUSTAINABLE. LOWS TRADED SHOULD BE LOWER THAN HIGH TRADED, SHOULD NOT CLOSE AT HIGHS, IF WE TRADE < -3 CHANCE OF -7, -10.SYSTEM ES7
POSSIBLE DOJI DAY, CAN BE WHIPPY AND UNTRADEABLE, ANY GAP UP OPEN SHOULD FILL THE SAME DAY. ITS NOT A SU MARKET AND RARELY MAKES MUCH PROGRESS.ES8A
SHOULD GET+3 AND A -3. DOES NOT ALWAYS CLOSE AT LOWSES73
SPX3B
SHOULD GET +3/+5, -3/-5. DOJI TYPE DAY WITH A CLOSE WITHIN THAT RANGESPX4A
SYSTEM SPX7
STARTS OF LOOKING LIKE TRENDING BUT DOES NOT CLOSE AT HIGHS OR LOWSSYSTEM 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 SYSTEMSpoos closed at 1865.25 (basis Jun)
K+3 = 1868.25
K-3 = 1862.25
Conclusion
We have NO KHC SYSTEMS in play.
We also have a KTS5 DAY4 in play.
Plan your trade, trade your plan!
Wow and brilliant. -7 prints with this KTS.
Thats good as it way over extended but above 1850/3 and MUST HOLD 1847, we have to assume its bullish for now.
Plan your trade, trade your plan!
That one candle yesterday took us back above the 10/20 DMA on SPX after supporting at thg 50 DMA.
So again I would love to get bearish but cannot.
It still can be but depends on where we stop, is it a fib retrace or a double top?
Until then TREND remains up.
I still feel a total idiot for doing that gamble yesterday after having played this so well for months but that was complacency kicking in. Its a stern reminder to always stick to a plan.
Plan your trade, trade your plan!
Lucky me. that gamble trade is in with 10 point limits hit at 1843.
Yeehaa 10 points banked again
This changes everything below 1847 again and its back to bearish until proved otherwise.
What a stupid one day wonder rally on ridiculous FED minutes.
Next support 1832 SPX and Main at 1830 SPX.
That is the next deal 1830/2 SPX.
Plan your trade, trade your plan!
Even better is no gap left above today at open.
Plan your trade, trade your plan!
Its when you get away with gamble trades like that you become complacent.
Now its time to wait for the next trade again
Plan your trade, trade your plan!
My closest short is 1824 from February 12th currently
Plan your trade, trade your plan!
Below
Flipped side, it’s opex next week, so let the games begins…
Below 1830/2 SPX Smashie, its fun time and 17xx should print.
However as you say its Opex but fortunately its not quad crooks so imo can be the move to 17xx
Plan your trade, trade your plan!
Idiots are the crooks! This is no surprise whatsoever.
http://www.ibtimes.co.uk/putin-threatens-cut-russian-gas-supplies-europe-1444278
and he will, given the man he is
Plan your trade, trade your plan!
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