TUESDAY 24/09/2013 SYSTEMS & INTRADAY – Khalsaspad http://khalsaspad.com/forums/topic/tuesday-24092013-systems-intraday/feed/ Fri, 27 Sep 2024 22:06:53 +0000 https://bbpress.org/?v=2.6.11 en-GB http://khalsaspad.com/forums/topic/tuesday-24092013-systems-intraday/#post-695 <![CDATA[TUESDAY 24/09/2013 SYSTEMS & INTRADAY]]> http://khalsaspad.com/forums/topic/tuesday-24092013-systems-intraday/#post-695 Mon, 23 Sep 2013 21:07:25 +0000 Khalsa SYSTEMS FOR TUESDAY 24TH SEPTEMBER 2013

Hi all,

Recap ….

Intraday wise …. I banked 2.25 points in spoos today.

I have 1 long in spoos, 1 short in Ftse & 13 shorts in spoos and 2 swing positions open.

Onto today …

KP

None in play.

KTB

None in play.

KTS

We have a KTS triggered at close on 19/09/13.
TODAY IS DAY3.

SYSTEM BDIP

We have a BDIP triggered at close on 17/09/2013.
It is now negated after DAY4.

DAY1… We got a low of -6.00.
DAY2… We got a low of -4.50.
DAY3… We got a low of -16.25.
DAY4… We got a low of -14.25.

DDUD

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

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.

ES 5C NEXT DAY (KHC+3) SHOULD GIVE A +3

ESA2 (KHC+3)
VERY GOOD CHANCE OF +3,+5,+7 MAY BE +10, RARELY CLOSES AT HIGHS, CAN COME VIA A -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.

ES13 (KHC+3)
SHOULD GET A +3. CAN ALSO GET A GOOD NEGATIVE PRINT-3, -5, -7

SYSTEMSPXH1
CAN GIVE +3,+5,+7 WITH A POSITIVE CLOSE. THE CLUE IS NOT TRADING MUCH NEGATIVE RTH

Spoos closed at 1692.50 (basis Dec)

K+3 = 1695.50

K -3 = 1689.50

Conclusion

We have 5 KHC+3 SYSTEMS in play.

We have a KTS DAY3 in play.

Plan your trade, trade your plan!

]]> http://khalsaspad.com/forums/topic/tuesday-24092013-systems-intraday/#post-698 <![CDATA[Reply To: TUESDAY 24/09/2013 SYSTEMS & INTRADAY]]> http://khalsaspad.com/forums/topic/tuesday-24092013-systems-intraday/#post-698 Mon, 23 Sep 2013 21:33:05 +0000 Khalsa A tough day for the pad yesterday for sure.

There was no WNER.

KTS DAY2 worked very well

The three trades I did were spooks but still managed to net a profit of 2.25 points.

The two I did not do would have given their 3 point targets PDQ.

So where now?

Plan your trade, trade your plan!

]]> http://khalsaspad.com/forums/topic/tuesday-24092013-systems-intraday/#post-701 <![CDATA[Reply To: TUESDAY 24/09/2013 SYSTEMS & INTRADAY]]> http://khalsaspad.com/forums/topic/tuesday-24092013-systems-intraday/#post-701 Mon, 23 Sep 2013 21:39:18 +0000 Khalsa The Levels

Resistance is 1697/8 and only above that can it rally.

Support is 1688/90 and below that it can continue its fall to a 167x.x print.

Plan your trade, trade your plan!

]]> http://khalsaspad.com/forums/topic/tuesday-24092013-systems-intraday/#post-702 <![CDATA[Reply To: TUESDAY 24/09/2013 SYSTEMS & INTRADAY]]> http://khalsaspad.com/forums/topic/tuesday-24092013-systems-intraday/#post-702 Mon, 23 Sep 2013 21:42:23 +0000 Khalsa Conclusion

There are 5 KHC+3’s so we should print a +3/+5 today

SPX below 1698 is a total danger sign going forward. It supported intraday there and has closed at 1701.84

Whilst we continue to work out if the overall TREND is still up or if it is down, I will continue with intraday scalping only.

Ideally I should long overnight for the +3/+5 but frankly it is too dangerous in the current market.

Probably be a DIYD DIYD, but there you go.

Plan your trade, trade your plan!

]]> http://khalsaspad.com/forums/topic/tuesday-24092013-systems-intraday/#post-705 <![CDATA[Reply To: TUESDAY 24/09/2013 SYSTEMS & INTRADAY]]> http://khalsaspad.com/forums/topic/tuesday-24092013-systems-intraday/#post-705 Tue, 24 Sep 2013 07:32:05 +0000 Khalsa
Khalsa wrote:

The Levels Resistance is 1697/8 and only above that can it rally. Support is 1688/90 and below that it can continue its fall to a 167x.x print.

We have hit 1689.50 out of the support. It Should now head towards 1697/8

Plan your trade, trade your plan!

]]> http://khalsaspad.com/forums/topic/tuesday-24092013-systems-intraday/#post-706 <![CDATA[Reply To: TUESDAY 24/09/2013 SYSTEMS & INTRADAY]]> http://khalsaspad.com/forums/topic/tuesday-24092013-systems-intraday/#post-706 Tue, 24 Sep 2013 08:01:15 +0000 Khalsa Right or wrong, I have longed 1692 for some upside.

If we are in TREND DOWN it will be another tough day for longs.

Plan your trade, trade your plan!

]]> http://khalsaspad.com/forums/topic/tuesday-24092013-systems-intraday/#post-707 <![CDATA[Reply To: TUESDAY 24/09/2013 SYSTEMS & INTRADAY]]> http://khalsaspad.com/forums/topic/tuesday-24092013-systems-intraday/#post-707 Tue, 24 Sep 2013 08:10:10 +0000 Khalsa The market is back to that very dangerous phase where as soon as one places a trade, it goes out.

As I am very much SWING SHORT I am happy to stay very slightly long here (in comparison to shorts)

Plan your trade, trade your plan!

]]> http://khalsaspad.com/forums/topic/tuesday-24092013-systems-intraday/#post-711 <![CDATA[Reply To: TUESDAY 24/09/2013 SYSTEMS & INTRADAY]]> http://khalsaspad.com/forums/topic/tuesday-24092013-systems-intraday/#post-711 Tue, 24 Sep 2013 14:32:29 +0000 smashie212 To my eye that’s 5 waves down ,may or may not gapfill below, so we have a potential change of trend (EW) consistent with the KTS and confirms TREND down imo, all we need now is a rally to any of the resistance points above and maybe even a double top with EOM window dressing around the corner into 1st week of Oct, for a reload.Wink

]]> http://khalsaspad.com/forums/topic/tuesday-24092013-systems-intraday/#post-712 <![CDATA[Reply To: TUESDAY 24/09/2013 SYSTEMS & INTRADAY]]> http://khalsaspad.com/forums/topic/tuesday-24092013-systems-intraday/#post-712 Tue, 24 Sep 2013 15:47:49 +0000 Khalsa Closed 1692 long at 1697.25 for 5.25 points.

Plan your trade, trade your plan!

]]> http://khalsaspad.com/forums/topic/tuesday-24092013-systems-intraday/#post-713 <![CDATA[Reply To: TUESDAY 24/09/2013 SYSTEMS & INTRADAY]]> http://khalsaspad.com/forums/topic/tuesday-24092013-systems-intraday/#post-713 Tue, 24 Sep 2013 16:58:13 +0000 Khalsa
Khalsa wrote:

The Levels Resistance is 1697/8 and only above that can it rally. Support is 1688/90 and below that it can continue its fall to a 167x.x print.

Lovely when it works so well.

Low was 1697.50 and we have been stuck at this 1697/8 area for the last 2 hours

Plan your trade, trade your plan!

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