TUESDAY 08/04/2014 SYSTEMS & INTRADAY

[Khalsa]

SYSTEMS FOR TUESDAY 8TH APRIL 2014

Hi all,

Recap ….

Intraday wise …. I banked 0 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 17/03/2014.
IT IS NOW NEGATED AFTER DAY3.

KTS
We have a KTS5 triggered at close on 04/04/2014.
TODAY IS DAY2.

SYSTEM BDIP
We have a BDIP triggered at close on 02/04/2014.
Today is DAY4.

DAY1… We got a low of -7.25.
DAY2… We got a low of -27.75.
DAY3… We got a low of -25.50.
DAY4…

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.

ESA2 (KHC+3)

ESH2 (KHC+3)
CAN GIVE +3,+5,+7,+10. HOWEVER FAILURE TO PRINT +3 USUALLY RESULTS IN DOUBLE DIGIT DOWN DAY. DOES NOT USUALLY CLOSE AT HIGHS.

ES 5C (KHC+3)
USUALLY GIVE A +3 AND CLOSES POSITIVE. RARELY CLOSES AT LOWS.

SYSTEM SPXH1
CAN GIVE +3,+5,+7 WITH A POSITIVE CLOSE. THE CLUE IS NOT TRADING MUCH NEGATIVE RTH

Spoos closed at 1838.25 (basis Jun)

K+3 = 1841.25

K-3 = 1835.25

Conclusion

We have 4 KHC+3 SYSTEMS in play.

We also have a BDIP DAY4 & KTS5 DAY2 in play.

Plan your trade, trade your plan!

[MAURITIUS]

All the khc +3’s were es systems. In theory they have done what they need to already…

Its key to see 1832 give way IMO as otherwise double bottom mustards may appear…

[Qman]

Shorted the +1 and now closed for 5 points. Done for today

[Khalsa]

Nice one guys.

FOr me is was super and no curse.

My closest short was from 17/3/14 at 1840.75. It got closed at the low today for 10 points profit. There was no 0.25 curse. I would be screaming as I have been out and just got back.

This 1847 is resistance and above that 1850 prints in a flash.

MUST HOLD resistance is now 1858, so it can still bounce some if it wants to.

Nice to see KHC +ve’s work so well and then a BDIP-7.

I am not keen to short it as it stands as I feel we can see 1850/3/5/8

Plan your trade, trade your plan!

[Khalsa]

It looks like I can soon curtail the voluntary work I am doing in Chaplain with HM Prisons and be here more although with just the SYSTEMS post we seem to be doing better rather than try and trade the daily wriggles for 3 points

Plan your trade, trade your plan!

[Qman]

8 30 sell off?

[Khalsa]

total confusion into tomorrow.

It can go either way. Lets see what the SYSTEMS say

Plan your trade, trade your plan!

[Author]

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