TUESDAY 29/07/2014 SYSTEMS & INTRADAY

[Khalsa]

SYSTEMS FOR TUESDAY 29TH JULY 2014

Hi all,

Recap ….

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

I have 1 short in Ftse, 20 shorts in spoos and 2 swing positions open.

Onto today …

KP
None in play.

KTB
We have a KTB triggered at close on 25/06/2014.
It is now negated after DAY6.

KTS
We have a KTS triggered at close on 23/07/2014.
It is now negated after DAY2.

SYSTEM BDIP

We have a BDIP triggered at close on 16/07/2014.
It is now negated after DAY4.

DAY1… We got a low of -25.50.
DAY2… We got a low of -11.50.
DAY3… We got a low of -12.50.
DAY4… We got a low of -1.25.

DDUD
None in play.

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.

ES5 NEXT DAY
SHOULD GIVE LOW OF -3/-5

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

ESB
SHOULD GET +3 AND -3 BOTH. CAN BE A TRENDING SYSTEM. > +5 SHOULD TREND UP AND < -5 SHOULD TREND DOWN.

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

SPXB
MORE CHANCE OF POSITIVE THAN NEGATIVE.

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 1972.75 (basis Sep)

K+3 = 1975.75

K-3 = 1969.75

Conclusion

We have 2 KHC+3 SYSTEMS in play.

Plan your trade, trade your plan!

[Khalsa]

Very, very nice move down just now.

Keeping below 1970 in RTH will be the clue to go back to 1960/3 and then the target of 1950/3/5.

Must hold below 1975 in RTH also.

I am semi hopeful of a good down week this week, lets see.

 

Plan your trade, trade your plan!

[Khalsa]

crook sandwich now, 1971 to 1977

Plan your trade, trade your plan!

[Khalsa]

Khalsa wrote:

Very, very nice move down just now. Keeping below 1970 in RTH will be the clue to go back to 1960/3 and then the target of 1950/3/5. Must hold below 1975 in RTH also. I am semi hopeful of a good down week this week, lets see.

Finally. What a monkey of a market, but its there, its going to break soon. The action is telling us that. Suckers rallies to make us close shorts and suck in longers and then back down.

Just need to break th supports

Plan your trade, trade your plan!

[Khalsa]

Low was 1962 vs 1960/3 first support.

Total pain continues

Plan your trade, trade your plan!

[Khalsa]

Low was 1962 vs 1960/3 first support.

Total pain continues

Plan your trade, trade your plan!

[Khalsa]

Low was 1962 vs 1960/3 first support.

Total pain continues

Plan your trade, trade your plan!

[Author]

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