THURSDAY 14/11/2013 SYSTEMS & INTRADAY

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  • #2227
    Khalsa
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      SYSTEMS FOR THURSDAY 14TH NOVEMBER 2013

      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 24/10/2013.
      IT IS NOW NEGATED AFTER DAY4.

      KTS

      We have a KTS triggered at close on 31/10/2013.
      It is now negated after DAY6.

      SYSTEM BDIP

      We have a BDIP triggered at close on 13/11/2013.
      TODAY IS DAY1.

      DAY1…
      DAY2…
      DAY3…
      DAY4…

      We have a BDIP triggered at close on 08/11/2013.
      TODAY IS DAY4.

      DAY1… We got a low of -3.25.
      DAY2… We got a low of -9.00.
      DAY3… We got a low of -10.75.
      DAY4…

      We have a BDIP triggered at close.
      It is now negated after DAY4.
      DAY1… We got a low of -12.25.
      DAY2… We got a low of -0.75.
      DAY3… We got a low of -23.00.
      DAY4… We got a low of -9.00.

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

      SYSTEMS TRIGGERED

      SYSTEM ESF
      CAN BE A TRENDING DAY. IF NO +3 AND THEN IT TRADES <-4, IT CAN THEN TREND DOWN. LIKEWISE IF NO -3 AND THEN IT TRADES >+4, IT CAN THEN TREND UP.

      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 81 (KHC+3)
      USUALLY GIVES +3,+5

      SYSTEM SPXF
      MORE CHANCE OF A +3 THAN A -3. IF SPX GAPS DOWN THEN IT USUALLY NEGATES THE POSITIVE CALL AND CAN BE A NEGATIVE SYSTEM

      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 SPX5D (KHC-3)
      USUALLY DO NOT GET MUCH POSITIVE, BUT CAN BE A VERY NEGATIVE PRINT. CAN EXPECT -5,-7,-10.

      Spoos closed at 1778.50 (basis Dec)

      K+3 = 1781.50

      K-3 = 1775.50

      Conclusion

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

      We have a BDIP DAY4 & BDIP DAY1 in play.

      Plan your trade, trade your plan!

      #2229
      Khalsa
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        Short and sweet again.

        Resistances are out on the window for now with this breakup.

        1768/70 is the support to break for a CIT.

        Double BDIP sounds good and even if we get minimums, dipsters are loving this market.

        MS targets are done and dusted, so no magnets below.

        On wait for a KTS and thats the one, once we get BDIP and KTS combo, it can change.

        Yellen idiot tomorrow talking, maybe a pop and drop on that, but really no idea.

        Happy to miss trades to ensure no stupid ones that go out in a flash.

        Lets see tomorrow, not going to short tonight as it stands.

        Plan your trade, trade your plan!

        #2233
        Khalsa
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          Good morning all,

          I am so glad I did not short this yesterday or after close.

          It is a break up.

          Question is now, is it a throwover or is it real.

          Basis this, 1800 SPX for XMAS will not be the top which then means, what will be?

          I am so tempted to short it here but that would be a gamble play.

          Have to now wait for Yellen and try and short a Yellen spike today.

          If I can get 1789 ish ES to short or above, thats my cue for a possible gap fill

          Plan your trade, trade your plan!

          #2234
          Khalsa
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            SPanish IBEX never got back to 1000 or new highs.

            Plan your trade, trade your plan!

            #2238
            Qman
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              Still fancy a short @ 1789 area?

              #2239
              Khalsa
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                Just driving nigel. Be back in 10 mins. Will post then

                But yes that is the plan

                Plan your trade, trade your plan!

                #2242
                Khalsa
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                  Had to pop out. Back now.

                  High was 1788.50, my idea was 1789.

                  It got to 1783.75 after that, so would have worked.

                  SU level now 1783.75.

                  Plan your trade, trade your plan!

                  #2244
                  smashie212
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                    Yellen’s stop gassing now and has left the press conference to take a dump.

                    Hoping the market does the same

                    #2245
                    Khalsa
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                      Shame I missed 1789 idea to short as was out.

                      Short 1785.75

                      Plan your trade, trade your plan!

                      #2246
                      Khalsa
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                        lol Smashie, indeed that was a Yellen spike. Hopefully within days it gets sold off.

                        Plan your trade, trade your plan!

                        #2247
                        Khalsa
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                          SU level now 1784.

                          Below that it falls imo

                          Plan your trade, trade your plan!

                          #2248
                          smashie212
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                            lol Smashie, indeed that was a Yellen spike. Hopefully within days it gets sold off.

                            Yeah, that would be a good call if it comes to fruition.

                            fingers and legs crossed, hope we get a post opex retrace..

                            #2249
                            Khalsa
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                              Hope so man. The next signal from MS will be a short again also.

                              a DDUD into close will not surprise me here.

                              Plan your trade, trade your plan!

                              #2250
                              smashie212
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                                Yellen = more of the same QE crap

                                Summary /highlights if anyone’s bothered:

                                http://blogs.marketwatch.com/capitolreport/2013/11/14/janet-yellens-nomination-hearing-live-blog-and-video/

                                #2271
                                MAURITIUS
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                                  QE will never taper. It will increase. It has to…it’s a Ponzi numbers game with the word fiat added to make it legal.

                                  Makes Madoff look a bit part player.

                                  Dan.

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