WEDNESDAY 05/02/2014 SYSTEMS & INTRADAY

[Khalsa]

SYSTEMS FOR WEDNESDAY 5TH FEBRUARY 2014

Hi all,

Recap ….

Intraday wise …. I banked +36 points in Dow today.

I have 1 short in Ftse, 2 Long in spoos, 14 shorts in spoos and 2 swing positions open.

Onto today …

KP
None in play.

KTB

We have a KTB2 triggered at close on 28/01/2014.
It is now negated after DAY4.

KTS
We have a KTS5 triggered at close on 02/01/2014.
It is now negated after DAY8.

SYSTEM BDIP
We have a BDIP triggered at close on 28/01/2014.
It is now negated after DAY4.

DAY1… We got a low of -24.00.
DAY2… We got a low of -3.50.
DAY3… We got a low of -19.75.
DAY4… We got a low of -44.75.

DDUD

None in play.

SYSTEMS TRIGGERED

ESH4 ND
SHOULD GET A +3

SYSTEM ESD
GOOD CHANCE OF -3, -5, PAST -5 GOOD CHANCE OF -7/-10 ETC

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

ES4B

SYSTEM 70 (KHC +3)
USUALLY GIVES +3

ES100 (KHC +3)
SHOULD GET +3, ONCE PAST +3 SHOULD GO ON TO POSSIBLE +5/+7/+10. UPSIDE SHOULD BE MORE THAN DOWNSIDE

SYSTEM SPXD
MORE DOWNSIDE THAN UPSIDE, NEGATIVE BIAS DAY

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 1744 (basis Mar)

K+3 = 1747

K-3 = 1741

Conclusion

We have 2 KHC+3 SYSTEMS in play.

Plan your trade, trade your plan!

[MAURITIUS]

closed shorts here for a total of 8 points. So thats 12 for the day.

I am planning on shorting a +3 or higher if it comes before the negative.

[Khalsa]

ESD/SPXD combo is the opposite of ESG/SPXG.

Usually (as per the Early Warning) it can give a -5/-7 but in this case it can be -7/-10.

Overall resistance is at 1751/2 and main at 1758. Above that it can break the downtrend.

Until then target is 200 DMA

 

 

Plan your trade, trade your plan!

[MAURITIUS]

Limits in to short a +3

[Khalsa]

Good morning all,

Limits hit overnight on yesterdays 1749.25 short at 1739.25 for 10 points.

This is the type of trading I love. A fair 2 way market.

Plan your trade, trade your plan!

[Khalsa]

I am so, so tempted to long this here at 1741 but now having seen its printed 1737 overnight, I am reluctant incase it goes for a retest.

Whatever the case it is confusing here with the KHC+3;s above, but ESD/EPXD and yesterdays gap fill target below. Both should work but would much prefer the KHC’s first to short

Plan your trade, trade your plan!

[Khalsa]

Oh no, again resisted temptation and again its moved for me.

DIYD DIYD

Plan your trade, trade your plan!

[Khalsa]

Missed that 3 pointer. SO now onto next trade

Plan your trade, trade your plan!

[MAURITIUS]

lol annoyed it dropped so much overnight after closing my short. Still the points had been banked so all ok…

Now its back to where it started nearly and the question is whether it goes back down in real time? or has downside been done and we just do the khc +3’s now?

[Khalsa]

Long 1742.50. Europe looks perky

Plan your trade, trade your plan!

[MAURITIUS]

I just got an email from someone who thinks the super volcano in Yellowstone Park is getting active. If that thing blows up, then a third of America will be directly hit. It has erupted on average every 600,000 years and is above that average at present :p Perhaps we retest the 600,000 year moving average?

The whole earth would be shrouded in clouds for maybe years. Spoos would probably rally!

[Khalsa]

That would indeed be a very major event Dan. It will happen one day, but in our lifetime? WHo knows

Plan your trade, trade your plan!

[MAURITIUS]

I hope not…. but having read about it it’s enormous. We go on about human impact on the planet but that would dwarf anything we do.

Someone said Obama was deliberately hiding the data from Yellowstone as they didn’t want to alarm the public. Might be BS. No idea.

Off to buy some dust masks…lol lol

[Zarif]

Hola everybody

small short Rude crude at 98.00

Befoire Daniel san erupts ( Volacno) here is one for all

 

Small droplets of rain turn into Rivers, Streams and Mighty Oceans

[Khalsa]

Well the long is looking sick. No sign of the KHC+3’s.

Yesterdays gap is nearly filled missing it by just 1.50 points earlier.

I will hang in long for now.

Plan your trade, trade your plan!

[Author]

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