THURSDAY 26/06/2014 SYSTEMS & INTRADAY

[Khalsa]

SYSTEMS FOR THURSDAY 26TH JUNE 2014

Hi all,

Recap ….

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

I have 1 short in Ftse, 21 shorts in spoos and 2 swing positions open.

Onto today …

KP
None in play.

KTB
We have a KTB triggered at close on 25/06/2014.
TODAY IS DAY1.

KTS
We have a KTS triggered at close on 16/06/2014.
It is now negated after DAY1.

SYSTEM BDIP

We have a BDIP triggered at close on 18/06/2014.
It is now negated after DAY4.

DAY1… We got a low of -5.25.
DAY2… We got a low of -2.00.
DAY3… We got a low of -3.25.
DAY4… We got a low of -13.00..

DDUD
None in play.

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.

ESB
SHOULD GET +3 AND -3 BOTH. CAN BE A TRENDING SYSTEM. > +5 SHOULD TREND UP AND < -5 SHOULD TREND DOWN.

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

SPXB
MORE CHANCE OF POSITIVE THAN NEGATIVE.

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

SYSTEMSPX3
SHOULD GET -3/-5. IF SPX TRADES < +3 HIGH THEN CHANCE OF TRENDING DOWN

Spoos closed at 1949.25 (basis Sep)

K+3 = 1952.25

K-3 = 1946.25

Conclusion

We have 1 KHC+3 SYSTEMS in play.

We have a KTB DAY1 in play.

Plan your trade, trade your plan!

[Qman]

Morning all – on my hols watching with interest. Don’t like the look of that KTB

[MAURITIUS]

lol typical…bet this tanks like mad on a ktb trigger to keep us all out….

[MAURITIUS]

any reason for ten handle drop near open?

[Khalsa]

Excellent to see it go to print a -13 on the KTB. That is very telling and with the plan.

It has to stay below 1944.50 now and then main SD level at 1949.

I really hope it does not bounce as each time it bounces, it undoes so much hard work of the bears.

 

Plan your trade, trade your plan!

[Khalsa]

Now thats a mega bludy WCB.

What for? WHy? How?

Typical story, one day wonder nonsense to the downside

 

Plan your trade, trade your plan!

[smashie212]

Maybe KTB anticipated july 4 and payroll data coming up ?

 

[MAURITIUS]

Well the Ktb trigger stopped me shorting it…. Perhaps a good thing!

Dan.

[Author]

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