THURSDAY 15/05/2014 SYSTEMS & INTRADAY

[Khalsa]

SYSTEMS FOR THURSDAY 15TH MAY 2014

Hi all,

Recap ….

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

I have 1 short in Ftse, 1 Long in spoos, 19 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 14/05/2014.
TODAY IS DAY1.

SYSTEM BDIP
We have a BDIP triggered at close.
TODAY IS DAY3.

DAY1… We got a low of -1.25.
DAY2… We got a low of -12.00.
DAY3…
DAY4…

DDUD
None in play.

SYSTEMS TRIGGERED

SYSTEM ESA (KHC+3)
SHOULD GET +3/+5/+7, HOWEVER IT CAN BE AFTER A DRAWDOWN, CLUE IS TRADING > +2.

SYSTEM ESH1
MORE CHANCE OF UPSIDE THAN DOWNSIDE, USUALLY TRADE -VE AT SOME POINT, NORMALLY GET +3, IF NO +3 THEN RARELY CLOSES AT LOWS, DOWNSIDE UNSUSTAINABLE. CHANCES OF +5, +7 ALSO. ALSO THE CLOSE CAN BE VERY ERRATIC. AFTER THIS SYSTEM THERE IS ANOTHER CHANCE OF A +3 THE NEXT DAY

SYSTEM 70 (KHC +3)
USUALLY GIVES +3

SYSTEM SPX2
GOOD CHANCE OF +5, IF THE CLOSE IS POSITIVE THEN THE NEXT DAY AFTER COULD BE DOUBLE DIGIT DOWN

Spoos closed at 1885.25 (basis Jun)

K+3 = 1888.25

K-3 = 1882.25

Conclusion

We have 2 KHC+3 SYSTEMS in play.

W also have a BDIP DAY3 & KTS5 DAY1 in play.

Plan your trade, trade your plan!

[MAURITIUS]

kts…yeha…looks like we have some up tomorrow mind….so maybe pop n drop….?

[Khalsa]

At last a KTS/BDIP combo. Good we are getting there.

However we still have daily KHC+3’s.

I remain “stuck” in a day long given where the market is lol

 

Plan your trade, trade your plan!

[Qman]

Hi Guys,

No trades for a week or so for me. Plan tomorrow is to short the 1888/90 resistance given the KTS / BDIP combo leading into a Friday sell off too!

Good luck

Nigel

[Qman]

Aaaar – missed my limit order this morning @ 1888 by .12!! Will now wait and hope it gets back up there

[Qman]

http://www.thedailymash.co.uk/news/business/bank-of-england-doesnt-know-how-to-raise-interest-rates-2014051586580

 

[Qman]

KTS BDIP combo – the plan was a good ‘un.

.12……..Gutted.com

[smashie212]

With the start of a spectacular KTS trigger just hoping this isn’t another bear trap, memorial day holiday coming up next week,  combined with EOM, time for one last hurrah?

[smashie212]

Good article on the real QE figure :

The Fed Is The Great Deceiver — Paul Craig Roberts and Dave Kranzler

[Khalsa]

Migel you got the 1888/90 also as a print. Feel for you.

However who feels for me. You all owe me a drink. I have an 1890 long from yesterday. The first time I longed it. In the back of my mind I knew that could be a CIT and it was.

Mustards.

 

Still …. My 1871 short form last week got closed at 1861 for 10 points.

Plenty more shorts to go

Plan your trade, trade your plan!

[Khalsa]

If this was called by the spike > SPX 1900 which I was waiting for (niggle) and then KTS/BDIP combo, that is totally genius. Really quite amazing.

Plan your trade, trade your plan!

[Khalsa]

The TOD’s have meant little today.

Crookshour is next

Plan your trade, trade your plan!

[Khalsa]

Very hard to say what happens from here into close.

The theory says it should fall into close

However QE says usual crookshour rally

Plan your trade, trade your plan!

[MAURITIUS]

Good eVening fellow mustards!!

About time we had a -20 odd day.

Hoping Crookshour tanks it some more.

Dan.

[MAURITIUS]

Would love to see 1854 taken out as then I think we could have a run back to 1800 zone.

We have had a series of higher lows in last few weeks and taking that level out would bust that pattern.

[Author]

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