WEDNESDAY 02/07/2014 SYSTEMS & INTRADAY

[Khalsa]

SYSTEMS FOR WEDNESDAY 2ND JULY 2014

Hi all,

Recap ….

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

I have 1 short in Ftse, 21 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.
TODAY IS DAY5.

KTS
We have a KTS triggered at close on 16/06/2014.
It is now negated after DAY1.

SYSTEM BDIP

None in play.

DDUD
None in play.

SYSTEMS TRIGGERED

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

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

ES96
UPSIDE USUALLY CONTAINED TO A +3, ANYMORE IS UNSUSTAINABLE, USUALLY GIVES -3 AS A MINIMUM

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

SPX4A

Spoos closed at 1965.75 (basis Sep)

K+3 = 1968.75

K-3 = 1962.75

Conclusion

We have NO KHC SYSTEMS in play.

We have a KTB DAY5 in play.

Plan your trade, trade your plan!

[MAURITIUS]

Ktb is doing its job. It kept me from shorting…

[Khalsa]

Indeed Dan, the KTB once again worked so well.

Really no idea what their plan is today but nothing bearish until 1955 breaks down. 1963 first support

 

Plan your trade, trade your plan!

[MAURITIUS]

And the beat goes on…..

[Author]

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