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SYSTEMS FOR THURSDAY 17TH OCTOBER 2013
Hi all,
Recap ….
Intraday wise …. I banked 16 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 01/10/2013.
IT IS NOW NEGATED AFTER DAY1.KTS
We have a KTS triggered at close on 11/10/2013.
It is now negated after DAY1.We have a KTS5 triggered at close on 08/10/2013.
It is now negated after DAY2.SYSTEM BDIP
We have a BDIP triggered at close on 14/10/2013.
TODAY IS DAY3.DAY1… We got a low of -14.75.
DAY2… We got a low of -1.00.
DAY3…
DAY4…We have a BDIP triggered at close on 10/10/2013.
It is now negated after DAY4.DAY1… We got a low of -12.00.
DAY2… We got a low of -18.25.
DAY3… We got a low of -14.75.
DAY4… We got a low of -1.00.DDUD
We have a DDUD season triggered at close on 11/07/2013.
It is now negated after DAY2.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.ESH
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 DAYSYSTEM 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 DAYSYSTEM 68
USUALLY GIVES -3 AND A +3SYSTEM 91
SYSTEM 130
ANY GAP UP OPEN SHOULD BE FILLEDSYSTEM 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 SYSTEMSPX3B
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 SPX9
SHOULD NOT MAKE MUCH UPSIDE PROGRESS, IF LOW < -3 GOOD CHANCE OF NEGATIVE CLOSE. ANY GAP OPEN SHOULD FILL THE SAME DAY.Spoos closed at 11713.75 (basis Dec)
K+3 = 1716.75
K -3 = 1710.75
Conclusion
We have 1 KHC+3 SYSTEMS in play. Also as per SYSTEM 130 any gap up open should be filled the same day.
We also have a BDIP DAY3 in play.
Plan your trade, trade your plan!
Yesterday once again the SYSTEMS nailed it with ESG/SPXG combo and those +ve KHC Systems and ongoing TREND UP.
Total 16 points banked but 2 carried forward trades onto Thursday.
So where now?
Plan your trade, trade your plan!
Right I need to keep it brief today as I have alot going on.
MS DAY2 target is 1707.
We have only 1 KHC+3 so hoping it is not an SU day and also we have an upside gap fill system.
First support is 1709.75 and first resistance 1717.
Ideal minimum downside print for me will be 1707. Below that it can print 1705 optional target and below that fall.
Good luck all.
Plan your trade, trade your plan!
GM ALL
WOW just saw this so poated here
Good luck to us all
rgds
Zarif
ps; was looking to find out when dates we had debt ceiling raises and agreements – maybe if anyone ca give we can see what ahppened after them etc – if my memory serves e last tiem we were going up and than fell some 17 percent area ( unsure)
http://www.naturalnews.com/042529_Chase_bank_capital_controls_financial_red_alert.html#
rgds
zarif
Small droplets of rain turn into Rivers, Streams and Mighty Oceans
Good morning all,
We have only printed a -3.75 low last night but we never printed the +3.
For me that is a niggle and I may need to close my shorts with a NO GREED policy basis TREND UP.
We all know in the recent years this QE TREND UP market has just been so fierce for bears and we have to be so careful not to get caught.
If we can bank profits when we see risk to our positions, then we must always take those profits.
Plan your trade, trade your plan!
Right closed 1716 short at 1709.50 for 6.50 points.
Running 1711.25 short more towards the 1705/7 target for now.
Plan your trade, trade your plan!
Original limits hit on 1711.25 short hit at 1707.25 for 4 points profit.
Thats another 10.50 points profit in the bag again so far this morning.
SYSTEMS are just working so, so great.
Ok it needed me to spook on my 1716 short just above for less points for it to go down, but that is just pure DIYD DIYD.
Plan your trade, trade your plan!
SYSTEM MS really is the best. No idea how it does it really.
Plan your trade, trade your plan!
Well done guys,so happy to see, but once again I must reiterate NO GREED and NO COMPLACENCY.
Use PATIENCE and keep PATIENCE.
Take your entries after a FORMULATED PLAN and be prepared to SPOOK whenever you feel at RISK.
It is then just a matter of waiting for the next SETUP
Plan your trade, trade your plan!
I have set a longer term goal for the trading pot which isn’t particularly aggressive. Ie. to hit x by April next year. I think I have set goals too short term before and thus ended up risking too much to achieve it and hence no achieved it and even lost.
I think with all this budget malarkey likely to carry on and in my opinion disappointing earnings to come we should get lots of volatility in coming weeks and months.
Tempted to add a bit more to my gold here. I think it could make a new interim low yet but longer term with all this debt nonsense it is going substantially higher. The government mustards will inflate the debt away and kill the dollar and along with it the aspirations and standard of living of the majority of Americans. I really feel for the retiring mustards who have done the right thing and saved and are about to be walloped for all they have at the end of their lives. I don’t ever think slavery was abolished….just shifted to a new model. 🙁
Good post Danielle. I am with you fully.
Keep your targets small, manageable and achievable.
Keep it S.M.A.R.T
Plan your trade, trade your plan!
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