- This topic has 14 replies, 3 voices, and was last updated 9 years, 4 months ago by
.
-
Posts
-
SYSTEMS FOR TUESDAY 29TH OCTOBER 2013
Hi all,
Recap ….
Intraday wise …. I banked 0 points in spoos today.
I have 1 short in Ftse & 18 shorts in spoos and 2 swing positions open.
Onto today …
KP
None in play.KTB
We have a KTB2 triggered at close on 24/10/2013.
TODAY IS DAY3.KTS
We have a KTS triggered at close on 18/10/2013.
It is now negated after DAY4.SYSTEM BDIP
None in play.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/ -7ES96
UPSIDE USUALLY CONTAINED TO A +3, ANYMORE IS UNSUSTAINABLE, USUALLY GIVES -3 AS A MINIMUMSYSTEM 137
SYSTEMSPX3
SHOULD GET -3/-5. IF SPX TRADES < +3 HIGH THEN CHANCE OF TRENDING DOWNSPX 10A
Does not close near highs or lowsSPX96 (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 1757.50 (basis Dec)
K+3 = 1760.50
K -3 = 1754.50
Conclusion
We have 1 KHC-3 & 1 KHC-4 SYSTEMS in play.
We also have a KTB2 DAY3 in play.
Plan your trade, trade your plan!
again it was a very testing and loss making Monday WNER.
DAY2 on MS is usually just amazing except in MAD MODE.
I banked 0 points on Monday.
So where now?
Plan your trade, trade your plan!
Early Warning Much against the fear of this being runaway, this is going to go into a phase of double DDDD’s soon. Ie -20 or more from the high and the daily ranges will be -20 or 20+ points. This should start this week with a good pop and drop day. It can involve a final hoorah, so there maybe a good spike up that closes negative on the day. Even today we should close <+3, so it should not close at highs This sets up for a clear Roadmap from here
This really is my plan for this week and the imminent top.
There is no sign of a CIT on the charts but it is me attempting to call a top in this.
High today was 1762.25.
Lets see how much more we extend from here.
Looks like we are closing within the +3 for now.
Plan your trade, trade your plan!
THE LEVELS
Resistance is at 1663/5. Above that madness continues.
Support is at 1752. Below that it can fall
Good luck
Plan your trade, trade your plan!
CONCLUSION
We have 1 KHC-3 & 1 KHC-4 SYSTEMS in play and that implies we should get a -5 print.
The KTB hopefully will negate and pave the way for down.
MS on alert for another short soon.
The ROADMAP above suggests a CIT is imminent.
As it stands it should be a swift 20 point fall any day now.
I am looking forward to this and the above plan is worthy of a post in the KT thread, which I will do now, so I suggest you all SUBSCRIBE to that also
Plan your trade, trade your plan!
All done
http://khalsaspad.com/forums/topic/khalsas-thoughts-kt-for-the-medium-term/
Plan your trade, trade your plan!
Good morning all,
It seems we have printed lower to a -4.50 overnight.
That is the KHC SYSTEMS done.
aaaarrrggghhhh. I am now going to see this through in view of the KT thread post.
Sure its annoying and irritating, but I do feel a top is close and around tops they will spook you the most
Plan your trade, trade your plan!
Sorry Edj, when the market gets into this final mad mode spurt (where we have no idea how/when/why it will end), there is nothing I can type here. So I went out to do some Chaplaincy volunteering and just got back.
Back to same silly game of needing to break intraday SU level and intraday CIT level.
Intraday CIT is at 1761.50 and SU level at 1760.
So that is the resistance area to break down.
VIX/VXN looks like basing but TRIN is low.
As it stands everything I posted in the KT thread stands.
KTB may negate at close.
For me this is building up into a very good short opportunity
Plan your trade, trade your plan!
Short 1764.25, same reasons but back on higher after the stop out
Plan your trade, trade your plan!
Only below intraday ciut level at 1761.50 will it fall.
Happy to be in for a chance.
FED day tomorrow so its a risk of a spike up but for me thats what I want now to top this off.
Plan your trade, trade your plan!
Bigger Nigel, although look how it started coming down and straight back up.
Grindy grindy and then wham.
This is painful but got to stick to plan.
Plan your trade, trade your plan!
Once again a crookshour rally. Tomorrow is FED DAY.
Hopefully plan is on target of a rookshour high
Plan your trade, trade your plan!
When its is TREND UP MADE MODE like it has been for a while now, there really is no telling what their plan is.
Cannot rely on usual FED convention, where bad news is good news, no news is good news and good news is good news.
This needs to be SELL THE NEWS, which is the FED.
I cannot really say alot. I have posted in the KT thread and usually that means something so will just have to wait and see.
Plan your trade, trade your plan!
- You must be logged in to reply to this topic.