SYSTEMS FOR TUESDAY 19TH AUGUST 2014
Hi all,
Recap ….
Intraday wise …. I banked 0 points in ES 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 08/08/2014.
TODAY IS DAY7.
KTS
We have a KTS5 triggered at close on 05/08/2014.
It is now negated after DAY3.
SYSTEM BDIP
NONE IN PLAY.
DDUD
None in play.
SYSTEMS TRIGGERED
ESL3 ND (KHC-5)
SHOULD GIVE A -3
SYSTEM 81A ND (KHC+5)
CAN BE A DDUD PRINT ALSO
ESH
USUALLY GET +3 AND -3. MORE CHANCE OF -3. NORMALLY IS A DOJI TYPE DAY WITHIN +5 AND -5. TRADING < -5 GIVES CHANCE TO SD DAY
ESL4
WHICHEVER WAY IT TRENDS IT CAN GIVE AN INTRADAY PRINT <-10 OR >+10
SPX4B
ES8A
SHOULD GET+3 AND A -3. DOES NOT ALWAYS CLOSE AT LOWS
ES9
SHOULD GET +3 AND -3 AND CHANCE OF POSITIVE CLOSE
SPX3B
SHOULD GET +3/+5, -3/-5. DOJI TYPE DAY WITH A CLOSE WITHIN THAT RANGE
SPX4A
SYSTEM SPX9
SHOULD NOT MAKE MUCH UPSIDE PROGRESS, IF LOW < -3 GOOD CHANCE OF NEGATIVE CLOSE. ANY GAP OPEN SHOULD FILL THE SAME DAY.
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 1967.50 (basis Sep)
K+3 = 1970.50
K-3 = 1964.50
Conclusion
We have 1 KHC+5 & 1 KHC-5 SYSTEMS in play.
We also have a KTB2 DAY7 in play.
Plan your trade, trade your plan!