TUESDAY 18/11/2014 SYSTEMS & INTRADAY

[Khalsa]

SYSTEMS FOR TUESDAY 18TH NOVEMBER 2014

Hi all,

Recap ….

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

I have 1 long in oil, 8 shorts in spoos and 2 swing positions open.

Onto today …

KP
None in play.

KTB
We have a KTB2 triggered at close on 14/10/2014.
It is now negated after DAY6.

KTS
We have a KTS triggered at close on 10/11/2014.
It is now negated after DAY5.

SYSTEM BDIP

We have a BDIP triggered at close on 31/10/2014.
It is now negated after DAY4.

DAY1… We got a low of -4.50.
DAY2… We got a low of -15.75.
DAY3… We got a low of -1.75.
DAY4… We got a low of -8.00.

DDUD
We have a DDUD Season triggered at close on 02/10/2014.
It is now negated after DAY17.

SYSTEMS TRIGGERED

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.

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

SYSTEM ES6
COULD BE A TRENDING DAY EITHER WAY, BUT DOES NOT CLOSE NEAR HIGHS OR LOWS

ES8A
SHOULD GET+3 AND A -3. DOES NOT ALWAYS CLOSE AT LOWS

ES16A

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

Spoos closed at 2039.50 (basis Dec)

K+3 = 2042.50

K-3 = 2036.50

Conclusion

We have NO KHC SYSTEMS in play.

Plan your trade, trade your plan!

[Khalsa]

SAME OLD, SAME OLD, SAME OLD.

Even NO SYSTEMS (KHC’s) is not making this move.

I have seen Grind tops like this before but in QE these have been consolidations for more up.

2035 SPX is the KEY here to break down.

 

Plan your trade, trade your plan!

[MAURITIUS]

Need to put a fat finger sell order in……

[Khalsa]

Well no way near 2035 SPX today and more up.

TRIN is high

VIX/VXN diverging which leads me to believe this can be an end game.

However its up until its down

Plan your trade, trade your plan!

[Khalsa]

lol as I said that, TRIN spiked down.

Certainly it is up until its down.

We cannot second guess this.

Now that 2040 has broken up, I really am unsure where its aim is as this is uncharted teritory

Plan your trade, trade your plan!

[smashie212]

Khalsa wrote:

Well no way near 2035 SPX today and more up. TRIN is high VIX/VXN diverging which leads me to believe this can be an end game. However its up until its down

someone else is thinking the same.

http://www.swingtradingdaily.com/2014/11/17/if-this-doesnt-tell-you-something-is-very-wrong-with-this-market-here-and-now/?utm_source=twitterfeed&utm_medium=twitter&utm_campaign=Feed%3A+SwingTradingDaily+%28Swing+Trading+Daily%29

[smashie212]

Gold conspiracists must be loving this

http://www.zerohedge.com/news/2014-11-18/ukraine-admits-its-gold-gone

[Khalsa]

Thanks Smashie for the above.

My views still remain the same yet this still continues up and remains above 2040 SPX.

Once below that, I will feel a top is in place.

Until then this madness just continues for what looks like absolutely no reason whatsoever.

With KTS now negated, we are again on hold for another KTS. In a way I like that as it shows THE SYSTEMS are just whipping also and that itself is a signal

 

Plan your trade, trade your plan!

[smashie212]

what happened to wed daily systems post kman ?

With the 10 handle drop bet there were a few khc-3 in there ?

[Khalsa]

Sorry Smashie had guests over last night so got very delayed, I have just done them .

You will be disappointed as there are no KHC’s at all.

Navnit

Plan your trade, trade your plan!

[Author]

Posts