- This topic has 32 replies, 3 voices, and was last updated 8 years, 5 months ago by
.
-
Posts
-
SYSTEMS FOR THURSDAY 25TH SEPTEMBER 2014
Hi all,
Recap ….
Intraday wise …. I banked 16 points in ES & 48 points on Ftse today.
I have 1 short in Ftse, 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 22/09/2014.
It is now negated after DAY2.SYSTEM BDIP
We have a BDIP triggered at close on 16/09/2014.
It is now negated after DAY4.DAY1… We got a low of -8.50.
DAY2… We got a low of -2.50.
DAY3… We got a low of -6.50.
DAY4… We got a low of -21.25.We have a Borderline BDIP triggered at close on 15/09/2014.
It is now negated after DAY4.DAY1… We got a low of -5.75.
DAY2… We got a low of -8.50.
DAY3… We got a low of -2.50.
DAY4… We got a low of -6.50.DDUD
None in play.SYSTEMS TRIGGERED
ESH3 ND (KHC+5)
SHOULD GET +5ES 5C NEXT DAY (KHC+3)
SHOULD GIVE A +3ESH
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 ES3
SHOULD GET -3. UPSIDE AND DOWNSIDE UNSUSTAINABLE. LOWS TRADED SHOULD BE LOWER THAN HIGH TRADED, SHOULD NOT CLOSE AT HIGHS, IF WE TRADE < -3 CHANCE OF -7, -10.SYSTEM ES7
POSSIBLE DOJI DAY, CAN BE WHIPPY AND UNTRADEABLE, ANY GAP UP OPEN SHOULD FILL THE SAME DAY. ITS NOT A SU MARKET AND RARELY MAKES MUCH PROGRESS.ES8A
SHOULD GET+3 AND A -3. DOES NOT ALWAYS CLOSE AT LOWSSYSTEM 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 SYSTEMSYSTEM 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 SYSTEMSpoos closed at 1991 (basis Dec)
K+3 = 1994
K-3 = 1988
Conclusion
We have 1 KHC+3 & 1 KHC+5 SYSTEMS in play.
Plan your trade, trade your plan!
The GFS has not triggered for today.
Navnit
Plan your trade, trade your plan!
thanks navnit.
Markets are back to schizo again.
DAX supports a monster H&S on the hourly chart, unless it about turns PDQ
Well isn’t this just crazy.
KTS negates, BDIp did not trigger, KHC +ve’s and we get this. No surprise as this is how they pull it off.
Yesterday was euphoric and would have got alot to get bullish again for new highs.
The key points were …
We got stuck at the 50% retrace on ES literally to the dot and also SPX 2000 roundie was a backtest.
Today has really sealed it now.
SPX 1955 is the next target and then if it goes SPX 1900 roundie in next.
I am perfectly positioned for it as I was 100% sure to close all longs yesterday and I did.
I have 5 shorts in profit here but do not want to take them off yet. I have been waiting for this for a long time and as I do not scalp lots of 3-5 points daily anymore, I got to run the winners like I did on the last dip
Plan your trade, trade your plan!
I want to long Gold but am worried all asset classes will be sold
Plan your trade, trade your plan!
Having said that money has gone into Bonds today and I see the USD carries on relentlessly up
Plan your trade, trade your plan!
Kman
Agree with your summary 100%, although dip buyers have been conditioned to come in at every key support
levels so selling the rallies will be the order of the day, I am still hopeful of sub 1900 print maybe 1860ish
Read somewhere that yesterday’s high TICK reading indicated strong institutional selling into strength and likely meant distribution @ 2000, which is exactly how it turned out.
Good volume on the down today also.
Plan your trade, trade your plan!
Wow… Is the market feeling ok?
what did that? Or they just feel like it?
lol out of the blue, all of a sudden.
Moody mustards
No seriously, it seems the downtrend had already started and yesterday was a mustard bull rally.
The crooks did it in style
Plan your trade, trade your plan!
I want to long Gold but am worried all asset classes will be sold
one day they’ll revalue the mustard overnight and devalue the currencies hugely. Given all the qe, I see gold easily hitting 10k now.
silver. I longed that again last week a bit early at 1853 but I see it getting to 20000. It moves in bigger % than gold…
SD level now 1964.
Resistance 1968/70.
Above that it can rally
Plan your trade, trade your plan!
- You must be logged in to reply to this topic.