TUESDAY 15/10/2013 SYSTEMS & INTRADAY

[Khalsa]

SYSTEMS FOR TUESDAY 15TH OCTOBER 2013

Hi all,

Recap ….

Intraday wise …. I banked 31 points in spoos today.

I have 1 short in Ftse & 16 shorts in spoos and 2 swing positions open.

Onto today …

KP
None in play.

KTB

We have a KTB2 triggered at close on 01/10/2013.
IT IS NOW NEGATED AFTER DAY1.

KTS

We have a KTS triggered at close on 11/10/2013.
It is now negated after DAY1.

We have a KTS5 triggered at close on 08/10/2013.
It is now negated after DAY2.

SYSTEM BDIP
We have a BDIP triggered at close on 14/10/2013.
TODAY IS DAY1.

DAY1…
DAY2…
DAY3…
DAY4…

We have a BDIP triggered at close on 10/10/2013.
TODAY IS DAY3.

DAY1… We got a low of -12.00.
DAY2… We got a low of -18.25.
DAY3…
DAY4…

DDUD
We have a DDUD season triggered at close on 11/07/2013.
It is now negated after DAY2.

SYSTEMS TRIGGERED

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

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

ES8C

ES15 (KHC -3)
SHOULD GET +3 AND -3. SINCE 2001 ONLY TWO FAILURES ON BOTH SIDES.

ES19

ES96
UPSIDE USUALLY CONTAINED TO A +3, ANYMORE IS UNSUSTAINABLE, USUALLY GIVES -3 AS A MINIMUM

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

SPX96 (KHC-3)
MORE DOWNSIDE THAN UPSIDE, NORMALLY GIVES A MINIMUM OF -3 BUT OFTEN GIVES -5,-7, GOOD CHANCE OF -VE CLOSE, CHANCE OF A GAP DOWN OPEN, THEN TRENDING DOWN DAY, UPSIDE NOT VERY SUSTAINABLE ,NEVER CLOSED > 6.38 AND THAT WAS AN EXCEPTION.

Spoos closed at 1706.25  (basis Dec)

K+3 = 1709.25

K -3 = 1703.25

Conclusion

We have 2 KHC-3, 1KHC-4 & 1 KHC-5 SYSTEMS in play.

We also have a BDIP DAY3 & BDIP DAY1 in play.

Plan your trade, trade your plan!

[Khalsa]

What a super day yesterday was.

The overnight short basis MS, BDIP and KTS gave a -19 and then GFS gap filled it.

Total 31 points banked. That was a total mega super yeehaa.

So where now?

Plan your trade, trade your plan!

[Khalsa]

Now that is some SYSTEMS that have triggered.

Two KHC-3’s, 1 KHC-4 and 1 KHC-5.

Add to that a double BDIP in play.

However other than a good intraday negative print -3/-5/-7, I am not sure we can expect a good down day.

This is because the TREND model has gone to TREND UP now.

TREND UP could be erroneous as it may just be fueled by WNER and be false.

However in view of QE, we have to respect TREND UP for now as TREND up has given a 70-130 point rally in this mad QE market in recent years.

 

Plan your trade, trade your plan!

[Khalsa]

Tuesday is a charitable day for me.

Tomorrow morning I am off to a primary school to give them an education talk.

Then in the afternoon I am off to a Prison in my capacity as a Chaplain.

So therefore I am doing service to God (by serving mankind) tomorrow as I live in gratitude daily for all he provides. Every day is a blessing.

Hence after any posts I may do in the morning, I will not see you guys until the evening.

I am really keen however to see how the SYSTEMS transpire. Will it be a drop with the SYSTEMS and then pop with TREND UP?

Lets see

Plan your trade, trade your plan!

[Khalsa]

So long as 1685 ES holds, it remains bullish.

If it is TREND UP then the next target now is 1736 ish SPX

Plan your trade, trade your plan!

[Zarif]

Wishing all a very happy EId

 

Small droplets of rain turn into Rivers, Streams and Mighty Oceans

[smashie212]

should have shorted 1711 last night

http://www.businessinsider.com/debt-ceiling-shutdown-deal-house-boehner-2013-10

[MAURITIUS]

Heh Smashie,

I was itching to short this morning especially given the system that says no close higher than +6.

Couldn’t do it though….lol

Dan.

[smashie212]

Whats worse Dan , with TREND up I thought gap fill would be on..

[smashie212]

What’s worse Dan , with TREND up I thought gap fill would be on..

[Khalsa]

Khalsa wrote:

Now that is some SYSTEMS that have triggered. Two KHC-3′s, 1 KHC-4 and 1 KHC-5. Add to that a double BDIP in play. However other than a good intraday negative print -3/-5/-7, I am not sure we can expect a good down day. This is because the TREND model has gone to TREND UP now. TREND UP could be erroneous as it may just be fueled by WNER and be false. However in view of QE, we have to respect TREND UP for now as TREND up has given a 70-130 point rally in this mad QE market in recent years.

Well once again SYSTEMS worked a treat. We got a -10 and now its -3.

We got a borderline GFS also, but that is done and dusted already.

Shame I missed today, but I chose a the charitable day instead and have no regrets.

Just catching up now

Plan your trade, trade your plan!

[Khalsa]

ok I have caught up now.

TREND remains UP for me. Only below 1693 can I start to change that view.

With both the -3/-5/-7 done and a gap fill, sadly I feel I have missed todays SYSTEMS trades.

For now there is a crook candwich between 1698 and 1705

 

Plan your trade, trade your plan!

[Khalsa]

Bludy hell.

Total mega crooks. Absolutely ridiculous.

Please watch this video

http://www.whydontyoutrythis.com/2013/10/the-most-important-5-minutes-you-should-see-to-understand-the-shutdown.html

Plan your trade, trade your plan!

[Khalsa]

Well this is mad, it has broken 1693 down for now.

This can negate TREND UP making it a WNER one day wonder.

Total swines.

God knows what the crooks game is currently but not overtrading is sure a savior.

Plan your trade, trade your plan!

[Khalsa]

I cannot short this or long this here.

I am terrified about losing on both

Plan your trade, trade your plan!

[Author]

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