TUESDAY 10/02/2015 SYSTEMS & INTRADAY

[Khalsa]

SYSTEMS FOR TUESDAY 10TH FEBRUARY 2015

Hi all,

Recap ….

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

I have 2 longs in oil, 1 long in spoos, 3 shorts in spoos and 2 swing positions open.

Onto today …

KP
None in play.

KTB
We have a KTB2 triggered at close on 02/02/2015.
TODAY IS DAY6.

KTS
We have a KTS5 triggered at close on 23/01/2015.
It is now negated after DAY6.

SYSTEM BDIP
We have a BDIP triggered at close on 03/02/2015.
It is now negated after DAY4.

DAY1… We got a low of -12.25.
DAY2… We got a low of -9.75.
DAY3… We got a low of -10.75.
DAY4… We got a low of -16.50.

DDUD
We have a DDUD season triggered at close on 29/01/2015.
TODAY IS DAY8.

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.

SYSTEM ESA (KHC+3)
SHOULD GET +3/+5/+7, HOWEVER IT CAN BE AFTER A DRAWDOWN, CLUE IS TRADING > +2.

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.

SYSTEM 70 (KHC +3)
USUALLY GIVES +3

SYSTEM 72 (KHC +3)
SHOULD GET +3,+5 POSSIBLY MORE. DOWNSIDE USUALLY LIMITED TO -5.

SPX4A

Spoos closed at 2042.50 (basis Mar)

K+3 = 2045.50

K-3 = 2039.50

Conclusion

We have 5 KHC+3 SYSTEMS in play.

We have a KTB2 DAY6 & DDUD SEASON DAY8 in play.

Plan your trade, trade your plan!

[Khalsa]

All those KHC +ve’s

DDUD season and KTB remains.

day after an SFD.

That all points to up.

It needs to break 2050/3 area up again to be bullish.

It needs to break 2030 down to be bearish.

Was ESG/SPXG the first sign of a failure in a bull market?

Tuesday will be critical.

I will keep the 2044.50 long for a possible +7/+10 and yesterdays gap fill / rally to 2050/3 area.

 

Plan your trade, trade your plan!

[MAURITIUS]

Lol we must be reasonably near a top as I keep taking longs….

[Khalsa]

High 2047.75 and low 2043.50. Not alot going on.

lol Dan, lets see.

 

Plan your trade, trade your plan!

[smashie212]

spike due to EU proposal of a 6 month extension to greece:

http://www.zerohedge.com/news/2015-02-10/europe-propose-6-month-extension-after-greece-warns-it-may-get-funds-russia-or-china

All noise until the real agreement is hammered out..

[Qman]

And they see this as a positive? I would have thought the opposite

[MAURITIUS]

Update:

EUROPEAN COMMISSION SAYS THERE IS NO FORMAL PROPOSAL FOR GREECE BUT TALKS ARE INTENSIVE

[MAURITIUS]

Closed my long for 10points.

[Qman]

Nice one Dan you bullish mustard

[Khalsa]

We have a borderline GFS today.

Navnit

Plan your trade, trade your plan!

[MAURITIUS]

Lol the spike was on news that was then denied so it should ‘in theory’ come back down.

[smashie212]

Agreed Dan shorted that spike, we seem to be following the same pattern as 23rd jan.

Gap down, filled the next day then waterfall into lows around 1990’s. RUT already leading the way and its chart indicates back to lows 1989 ES equivalent

[Qman]

MUPPET ALERT

In my rush to get away for the school run I bought rather than sold when I saw the GFS email. Just closed it for a point profit.

 

[MAURITIUS]

Total lucky muppet!

[smashie212]

LOL if it weren’t for the KTB you would have been underwater by now, turn off the alerts for your own safety!

NAS- new highs for the day, RUT hit lower lows, Even the indices are confused.

[Author]

Posts