Hi all,

Recap ….

Intraday wise …. I banked 2.50 points in Dax 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 KTB2 triggered at close on 14/01/2014.
TODAY IS DAY6.

KTS
We have a KTS5 triggered at close on 02/01/2014.
It is now negated after DAY8.

SYSTEM BDIP

We have a BDIP triggered at close on 14/01/2014.
It is now negated after DAY4.

DAY1… We got a low of -1.50.
DAY2… We got a low of -7.00.
DAY3… We got a low of -7.00.
DAY4… We got a low of -8.00.

DDUD
None in play.

SYSTEMS TRIGGERED

ESL1 NEXT DAY
GOOD CHANCE OF A -3

SYSTEM ESD
GOOD CHANCE OF -3, -5, PAST -5 GOOD CHANCE OF -7/-10 ETC

SYSTEM SPXD
MORE DOWNSIDE THAN UPSIDE, NEGATIVE BIAS DAY

Spoos closed at 1839 (basis Mar)

K+3 = 1842

K-3 = 1836

Conclusion

We have NO KHC SYSTEMS in play.

We have a KTB2 DAY6 in play.

As for SYSTEMS although no KHC’s ESD and SPXD can be a good bearish combo.

Resistance levels are exactly the same still at 1841/2 and 184/6

Support remains at 1835 ish

At a guess I feel ESD/SPXD can drag this down tomorrow.

I am DAY short ES from 1839 and will add a DAX if I can

Talking of down, Man Utd 10,000-1 to be relegated if you want some easy cash…lol

opportunity or breaking up day?

hopefully be lower when I wake up….

Good night…

short 1842.13 hopefully be lower when I wake up…. Good night…

and lower it is! Been to 1828!!

I had limits in for 5pts which have obviously been hit.

Good start to thursday 🙂

Dan.

I just hit the jackpot! My 1839 DAY SHORT hit its auto 10 point limits at 1829.

I have not had a trade do that for absolutely ages.

The low was 1828.75, so that really was lucky.

However the main thing is I did trade it and it paid off (instead of just keep missing trading becuase of being over cautious). Everyday the support / resistances levels posted are working very well, but I am missing the trades.

This overnight tank is interesting and suggests something crooked going on. However I am not ready to declare a downmove yet whilst KTB is still active as with KTB so will the dipsters be active.

Long live SYSTEM ESD/SPXD bearish combo as that is to the bear what ESG/SPXG is to the bull

The problem as always is undershoot/overshoot so either missing the trade or having a drawdown.

In this instance, I have decided I want to be on the train DAY SHORT wise, so will have to make sure I get an entry