TUESDAY 07/04/2015 SYSTEMS & INTRADAY

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  • #13056
    Khalsa
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      SYSTEMS FOR TUESDAY 7TH APRIL 2015

      Hi all,

      Recap ….

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

      I have 2 longs in oil, 1 short in Dax, 5 shorts in spoos and 2 swing positions open.

      Onto today …

      KP
      None in play.

      KTB
      We have a KTB2 triggered at close on 30/03/2015.
      TODAY IS DAY5.

      KTS
      We have a KTS5 triggered at close on 19/03/2015.
      It is now negated after DAY7.

      SYSTEM BDIP

      We have a BDIP triggered at close on 02/04/2015.
      TODAY IS DAY2.

      DAY1… We got a low of -22.00.
      DAY2…
      DAY3…
      DAY4…

      We have a BDIP triggered at close on 30/03/2015.
      It is now negated after DAY4.

      DAY1… We got a low of -19.00.
      DAY2… We got a low of -25.50.
      DAY3… We got a low of -9.25.
      DAY4… We got a low of -22.00.

      DDUD
      We have a DDUD season triggered at close on 06/03/2015.
      It is now negated after DAY10.

      SYSTEMS TRIGGERED

      ESL2 NEXT DAY (KHC-4)
      GIVES -4/ -7

      SYSTEM ESF
      CAN BE A TRENDING DAY. IF NO +3 AND THEN IT TRADES <-4, IT CAN THEN TREND DOWN. LIKEWISE IF NO -3 AND THEN IT TRADES >+4, IT CAN THEN TREND UP.

      ESL3 (KHC-5)
      SHOULD GET A GOOD NEGATIVE PRINT . DOES NOT ALWAYS CLOSE AT LOWS.

      SYSTEM 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 SYSTEM

      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

      Spoos closed at 2073.25 (basis Jun)

      K+3 = 2076.25

      K-3 = 2070.25

      Conclusion

      We have 1 KHC-4 & 1 KHC-5 SYSTEMS in play.

      We have a KTB2 DAY5 & BDIP DAY2 in play.

      Plan your trade, trade your plan!

      #13057
      Qman
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        They really are total and utter mustards.

        I was travelling back from Thailand today – my journey started at 12:30 am UK time last night. I saw the first hour after 11pm open and decided to let my short run with a stop at BE 2079 just in case it went bonkers while I was airborne. Hit my stop and now back down. I think I’ll stay flat and have the rest of the week off. Although I might short an overnight pop. Mega frustrated

        #13058
        Khalsa
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          Well no idea how, but a BDIP was sure to trigger at close but just evaded.

          SYSTEMS look like a -5 print and Turnaround Tuesday is possible, but somehow I am not so sure of a tank here.

          Below 2080/3 is good but above that targets the highs again

          Plan your trade, trade your plan!

          #13059
          Khalsa
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            Taking no chances for now, closed 2078.50 short at 2072 for 6.50 points.

            I think I could have done better waiting for the -4/-5, but do not want it to print overnight and then rally.

            I see a possible move back to 2080 again also

            Plan your trade, trade your plan!

            #13060
            MAURITIUS
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              That’s no good Qman. Bloody annoying mustards…. Sometimes better off taking what’s on offer, especially when KTB mustard in effect.

              I am flat. I sort of want it to rally to be honest. Feel more comfortable shorting new highs as I think we are top bouncing as some doom saying crook called it. He reckoned we’d ‘top bounce’ all this year…

              I longed FOGL (Falklands) on Thursday. See what they do tomorrow…. Good news on the face of it but you know how crooks work!!

              #13061
              Qman
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                You’re right about taking the points Dan. I am guilty of  “falling in love with the downside” as Oscar says – hell I had 38 points this morning but was more worried about missing out on more down than banking. I’ve been burnt so many times like this but am not learning the lesson. I have given myself a stern talking to.

                #13062
                Khalsa
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                  Really easily done Q. The problem remains that the Must Hold holds (ie. The 2040) and the KTB.

                  I spooked out of the 2070 short at 2050 as you know and really wanted to run it, but sadly had nochoice in the end with the KTB. Then came the Friday tank and I thought “Damn it” but knew WNER was possible so just stayed happy.

                  Looks like KTB kicked in and that’s why it did not negate Friday.

                  Another option for you is to maybe take half and then try and run half.

                  Lets see what tomorrow brings Tuesday  reversal or drop and pop.

                  Whatever the case, once it shows its hand, I will post and trade it.

                  Plan your trade, trade your plan!

                  #13063
                  Khalsa
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                    It’s all so warped. If the market really went up because interest rates are to remain low then why did bonds come down?

                    Ie. Because bonds went down, interest rates ie. Yields went up. Go figure that one.

                    Crooks!

                    Plan your trade, trade your plan!

                    #13065
                    Khalsa
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                      Good morning,

                      So far it looks like Markets and Bonds want to rally together.

                      I will let things carry on for now and see later near RTH if there is any opportunity.

                       

                      Plan your trade, trade your plan!

                      #13068
                      Khalsa
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                        Another 10 minutes until open.

                        +6 is the best it got to and that was 2079.25 against my 2080 retest idea.

                        That is why I closed my shorts last night but sadly failed to execute the idea of putting them back on at 2080 (as I wanted it to hit 2080 and did not feel 2079.25 was it).

                        Lets see if I can get a retest to short

                        Plan your trade, trade your plan!

                        #13069
                        Khalsa
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                          Short 2078.75 basis plan.

                           

                          Plan your trade, trade your plan!

                          #13070
                          Khalsa
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                            lol and this time it will smash through, having missed this trade twice today so far.

                            Still I am a patient man, I will let the crooks have their fun, then I will have mine, if thats the game they want to play

                            Plan your trade, trade your plan!

                            #13071
                            Khalsa
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                              The reason I shorted 2080 is because it is resistance.

                              Above 2080/3, the next resistance is realistically back near 2100.

                              So really, we need to resist here or else

                               

                              Plan your trade, trade your plan!

                              #13072
                              Qman
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                                You might be dissapointed to hear lucky Nige joined you – short 2080.03

                                #13073
                                Khalsa
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                                  Yeehaa, Nige, love it.

                                  Quids in Baby!

                                  No remember the golden rule! NO GREED!!

                                  Plan your trade, trade your plan!

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