WEDNESDAY 04/12/2013 SYSTEMS & INTRADAY

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  • #2642
    Khalsa
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      SYSTEMS FOR WEDNESDAY 4TH DECEMBER 2013

      Hi all,

      Recap ….

      Intraday wise …. I banked 8 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.
      IT IS NOW NEGATED AFTER DAY4.

      KTS

      We have a KTS triggered at close on 26/11/2013.
      TODAY IS DAY5.

      SYSTEM BDIP

      We have a BDIP triggered at close on 02/12/2013.
      TODAY IS DAY2.

      DAY1… We got a low of -14.00.
      DAY2…
      DAY3…
      DAY4…

      We have a BDIP triggered at close on 13/11/2013.
      It is now negated after DAY4.

      DAY1… We got a low of -1.25.
      DAY2… We got a low of -1.25.
      DAY3… We got a low of -9.50.
      DAY4… We got a low of -6.75.

      DDUD

      We have a DDUD season triggered at close on 11/07/2013.
      It is now negated after DAY2.

      SYSTEMS TRIGGERED

      SYSTEM ESH1
      MORE CHANCE OF UPSIDE THAN DOWNSIDE, USUALLY TRADE -VE AT SOME POINT, NORMALLY GET +3, IF NO +3 THEN RARELY CLOSES AT LOWS, DOWNSIDE UNSUSTAINABLE. CHANCES OF +5, +7 ALSO. ALSO THE CLOSE CAN BE VERY ERRATIC. AFTER THIS SYSTEM THERE IS ANOTHER CHANCE OF A +3 THE NEXT DAY,

      ES 5C (KHC+3)
      USUALLY GIVE A +3 AND CLOSES POSITIVE. RARELY CLOSES AT LOWS

      ES13 (KHC+3)
      SHOULD GET A +3. CAN ALSO GET A GOOD NEGATIVE PRINT-3, -5, -7

      Spoos closed at 1791.50 (basis Dec)

      K+3 = 1794.50

      K-3 = 1788.50

      Conclusion

      We have 2 KHC+3 SYSTEMS in play.

      We have a KTS DAY5 AND a BDIP DAY2 in play.

      Plan your trade, trade your plan!

      #2643
      Khalsa
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        Fantastic to see the -7/-10/-13 print yesterday with the BDIP/KTS combo. So lovely when it works like that.

        Banked 8 points with that, so I am happy.

        Where now?

        First resistance is at 1798.  Although SYSTEMS suggest a +3, the immediate trend indicates that it can pop and drop and that remains with the current BDIP combo in play.

        Lets see where we are in globex but I will want to short a pop towards 1798.

        K

         

        Plan your trade, trade your plan!

        #2644
        Khalsa
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          Good morning all,

          Another quit day with little / no action so far.

          I suppose it is all about NFP’s Friday.

          Certainly I feel now that good NFP’s will cause taper twits to come out and take this down.

          I think we are ready for that phase

          Plan your trade, trade your plan!

          #2646
          Edwardj
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            K, do you see any similarity betwen today and 6 May 2010?

            #2647
            Khalsa
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              None that I can see Edj.

              On that day we were already oversold in a definitive TREND DOWN

              We fell -41 points that day despite having 7 KHC+3’s although the SYSTEMS printed a +5.

              We had 2 SFD’s the immediate 2 days before

              What do you see that is similat Ed?

               

              Plan your trade, trade your plan!

              #2648
              MAURITIUS
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                is taper twits in the glossary?

                #2649
                Edwardj
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                  Just that it followed 2 down days after a long uptrend that hovered for a while.

                  Chasing shadows probably.

                  #2650
                  MAURITIUS
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                    -41 ‘ll do me Ed… bring it on!!  :p

                     

                    Infact % wise it should be alot more 🙂

                     

                    I’ll sit back and relax as you organise it 🙂 Let me know when you’ve got to -35 🙂

                    #2651
                    Edwardj
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                      Me too lol.

                      #2652
                      Qman
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                        Lol – would settle for -35 tho

                        #2653
                        Khalsa
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                          Oh no Eddie, you got Danielle all excited now lol

                          We have had 3 down days in a row now. In all recent months after that we usually have an upday.

                          Hard to say what this has planned today in view of Interest rate decisions tomorrow and NFP’s Friday.

                          Other than KTS/BDIP combo, I have nothing to go on but that combo tells me it is safe to short rallies

                          Plan your trade, trade your plan!

                          #2654
                          MAURITIUS
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                            The May 6th 2010 system is a gem Kman!!  Don’t underestimate it!!

                            Seem to be in last throes of this flu now so a nice -41 would really perk me up…. 🙂

                            How’s the medicinal Brandy K?

                            #2655
                            Khalsa
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                              Where nothing else worked Dan, the Brandy has. Crooks Government and the drugs companies!

                              Plan your trade, trade your plan!

                              #2656
                              Khalsa
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                                and you guys better stop talking about -41 otherwise out of spike the mustard crooks will print a +41

                                Plan your trade, trade your plan!

                                #2657
                                MAURITIUS
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                                  lol banks fined 1.71bn euros by EU for Benchmark rigging….

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