THURSDAY 13/03/2014 SYSTEMS & INTRADAY

[Khalsa]

SYSTEMS FOR THURSDAY 13TH MARCH 2014

Hi all,

Recap ….

Intraday wise …. I banked 0 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 KTB triggered at close on 05/02/2014.
It is now negated after DAY3.

KTS
We have a KTS triggered at close on 10/03/2014.
TODAY IS DAY3.

SYSTEM BDIP

We have a BDIP triggered at close on 06/03/2014.
It is now negated after DAY4.

DAY1… We got a low of -7.25.
DAY2… We got a low of -12.25.
DAY3… We got a low of -13.75.
DAY4… We got a low of -11.25.

We have a BDIP triggered at close on 05/03/2014.
It is now negated after DAY4.

DAY1… We got a low of -1.25.
DAY2… We got a low of -7.25.
DAY3… We got a low of -12.25.
DAY4… We got a low of -13.75.

We have a BDIP triggered at close on 04/03/2014.
It is now negated after DAY4.

DAY1… We got a low of -4.00.
DAY2… We got a low of -1.25.
DAY3… We got a low of -7.25.
DAY4… We got a low of -12.25.

DDUD
None in play.

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

ES8A
SHOULD GET+3 AND A -3. DOES NOT ALWAYS CLOSE AT LOWS

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

SPXB
MORE CHANCE OF POSITIVE THAN NEGATIVE.

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

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

Spoos closed at 1867.75 (basis Mar)

K+3 = 1870.75

K-3 = 1864.75

Conclusion

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

We also have a KTS DAY3 in play.

Plan your trade, trade your plan!

[Khalsa]

Good morning all,

Same old, same old.

However, with the KHC-5 in play and with us at a +3, for me this is a short.

Short 1870.75 with 7 points limits in.

Plan your trade, trade your plan!

[Khalsa]

Oh dear, its going to be a long day again.

Plan your trade, trade your plan!

[lordia]

will scale in some shorts today, but be prepared for a POMO ramp up as the Fed are pumping in about $4billion today, second largest amount this month.

: http://www.newyorkfed.org/markets/tot_operation_schedule.html

best regards

lordia

[Khalsa]

The GFS has triggered for today’s gap fill.

Plan your trade, trade your plan!

[MAURITIUS]

gfs done and dusted….

shame I was distracted this am. the khc-5 was a good opp for some points.

March Expiry not far away too… see where they park it for that…

[Khalsa]

The GFS is done and -5 KHc is nearly done now.

My short from this morning has been closed for 7 points at 1863.75 also.

Plan your trade, trade your plan!

[Khalsa]

Now we need to break the 1862.50-1863.50 support to get more downside.

Plan your trade, trade your plan!

[MAURITIUS]

and we have….

[MAURITIUS]

engulfed yesterdays candle….

[Khalsa]

Mega yeehaa and super. About bludy time.

My 1869 short from the other day (the one I moved limits to 1844 for for the 1843.25 gap fill undershoot has been closed for 25 points profit, has missed the target by 1.50 points.

I really should run it as that was the plan and that is why I do not sit here watching this anymore, so that I do not get spooked

However best to play safe now that I can see it and close for 22 points profit at 1847

That added to the 7 points from earlier makes my day.

I get so frustrated sitting here nowadays that this is the game to play to keep the sanity until the market returns to pre QE style.

Plan your trade, trade your plan!

[Khalsa]

Next closest is 1852 and I have moved that limit to 1844 for the gap fill undershoot.

Plan your trade, trade your plan!

[Khalsa]

SD level now 1850.50

Plan your trade, trade your plan!

[MAURITIUS]

I swear they log when I come on the pad and buy lol…

I think I’ll go away again to kill this 3pts wcb…

[Khalsa]

Dan its killed, come back!

Plan your trade, trade your plan!

[Author]

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