- This topic has 9 replies, 3 voices, and was last updated 8 years, 11 months ago by
.
-
Posts
-
SYSTEMS FOR TUESDAY 2ND APRIL 2014
Hi all,
Recap ….
Intraday wise …. I banked 0 points in spoos 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 KTB2 triggered at close on 17/03/2014.
IT IS NOW NEGATED AFTER DAY3.KTS
We have a KTS5 triggered at close on 21/03/2014.
TODAY IS DAY8.SYSTEM BDIP
None in play.DDUD
None in play.SYSTEMS TRIGGERED
ESHB
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 DAYSYSTEM ES3
SHOULD GET -3. UPSIDE AND DOWNSIDE UNSUSTAINABLE. LOWS TRADED SHOULD BE LOWER THAN HIGH TRADED, SHOULD NOT CLOSE AT HIGHS, IF WE TRADE < -3 CHANCE OF -7, -10.SYSTEM ES7
POSSIBLE DOJI DAY, CAN BE WHIPPY AND UNTRADEABLE, ANY GAP UP OPEN SHOULD FILL THE SAME DAY. ITS NOT A SU MARKET AND RARELY MAKES MUCH PROGRESS.ES8A
SHOULD GET+3 AND A -3. DOES NOT ALWAYS CLOSE AT LOWSES10A
SHOULD GIVE MINIMUM OF -3. NORMALLY AT WORST A DOJI DAY. AT BEST A GOOD NEGATIVE LOW PRINTSYSTEM 70 (KHC +3)
USUALLY GIVES +3ES96
UPSIDE USUALLY CONTAINED TO A +3, ANYMORE IS UNSUSTAINABLE, USUALLY GIVES -3 AS A MINIMUMSYSTEM 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 SYSTEMSYSTEMSPX3
SHOULD GET -3/-5. IF SPX TRADES < +3 HIGH THEN CHANCE OF TRENDING DOWNSPX 7B
SPX 10D
SPX96 (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 1877.75 (basis Jun)
K+3 = 1880.75
K-3 = 1874.75
Conclusion
We have 1 KHC+3 & 1 KHC-3 SYSTEMS in play. Also any gap up open should be filled same day as per ES3 & ES7.
We also have a KTS5 DAY8 in play.
Plan your trade, trade your plan!
Do you consider the last day (or even 2 days) system failure days? Gfs (borderline) no fill and both were supposed doji like days but both strong up.
Yes Dan and moreover 3 gap up days in a row.
However this is not overbought so it allows for a mad up end move.
If we get that its end game.
If we retrace here then it leaves the mad up for another time.
So in a way I want it mad up now
That means although we have 3 gap up’s in a row, there is no guarantee of a good retrace here.
You have to assume its in end game mad su up and therefore retrace shallow and dipsters buy continue
Plan your trade, trade your plan!
Earthquake strikes chile
Dan
I was on a forum where someone predicted an earthquake event around the 2nd – watchout for 22nd April for the next event
High so far today is 1884 ES and 1890.80 ES.
There was no major spike up today. That is all I want.
Either way I will short the close again today.
SU level now 1882.
My personal feeling is we can go to 1873/5 by close, but its so SU, I do not want to get sucked in too early
Plan your trade, trade your plan!
If I can short 1883/4 here that will be good for me and MS.
Plan your trade, trade your plan!
I been busy n shop of late. Probably just as well.
I still added a couple of shorts mind which as yet I haven’t closed. The plan was perhaps five or ten points for each, but never got anywhere near…
See if MS could be a CIT. Just hoping we don’t see a mustard Ktb.
Dan.
I saw it at 1884.75 to short and took it as per plan for the MS.
Plan your trade, trade your plan!
- You must be logged in to reply to this topic.