SYSTEMS FOR WEDNESDAY 3RD DECEMBER 2014
Hi all,
Recap ….
Intraday wise …. I banked 0 points in ES today.
I have 1 long in oil, 10 shorts in spoos and 2 swing positions open.
Onto today …
KP
None in play.
KTB
We have a KTB2 triggered at close on 14/10/2014.
It is now negated after DAY6.
KTS
We have a KTS triggered at close on 24/11/2014.
Today is DAY6.
SYSTEM BDIP
We have a BDIP triggered at close on 21/11/2014.
It is now negated after DAY4.
DAY1… We got a low of -1.00.
DAY2… We got a low of -4.75.
DAY3… We got a low of -2.50.
DAY4…
DDUD
We have a DDUD Season triggered at close on 02/10/2014.
It is now negated after DAY17.
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.
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
SYSTEM ES3A
ES4A
SHOULD GET A -3, HOWEVER CHANCES OF A POSITIVE CLOSE. IF NO -3 NEXT DAY SHOULD PRINT A GOOD LOW.
ES8A
SHOULD GET+3 AND A -3. DOES NOT ALWAYS CLOSE AT LOWS
SYSTEM 70 (KHC +3)
USUALLY GIVES +3 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
SPX3B
SHOULD GET +3/+5, -3/-5. DOJI TYPE DAY WITH A CLOSE WITHIN THAT RANGE
SPX4A
SYSTEM SPX7
STARTS OF LOOKING LIKE TRENDING BUT DOES NOT CLOSE AT HIGHS OR LOWS
Spoos closed at 2066 (basis Dec)
K+3 = 2069
K-3 = 2063
Conclusion
We have 2 KHC+3 SYSTEMS in play.
We have a KTS DAY6 in play.
Plan your trade, trade your plan!