WEDNESDAY 08/10/14 SYSTEMS AND INTRADAY

[Khalsa]

SYSTEMS FOR WEDNESDAY 8TH OCTOBER 2014

Hi all,

Recap ….

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

I have 1 short in Ftse, 1 short in Dow, 13 shorts in spoos and 2 swing positions open.

Onto today …

KP
None in play.

KTB
We have a KTB2 triggered at close on 02/10/2014.
IT IS NOW NEGATED AFTER DAY3.

KTS
We have a KTS5 triggered at close on 25/09/2014.
It is now negated after DAY1.

SYSTEM BDIP

None in play.

DDUD
We have a DDUD Season triggered at close on 02/10/2014.
TODAY IS DAY4.

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.

SYSTEM ESA (KHC+3)
SHOULD GET +3/+5/+7, HOWEVER IT CAN BE AFTER A DRAWDOWN, CLUE IS TRADING > +2.

ESH2 (KHC+3)
CAN GIVE +3,+5,+7,+10. HOWEVER FAILURE TO PRINT +3 USUALLY RESULTS IN DOUBLE DIGIT DOWN DAY. DOES NOT USUALLY CLOSE AT HIGHS.

ES5
SHOULD GET +3,+5 BUT RARELY CLOSES AT HIGHS

ES 5B
CAN GIVE UPTO +5 & -5. INITIAL DIRECTION IS USUALLY A FADE.

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

SYSTEM ES8 (KHC+3)
MORE CHANCE OF UPSIDE THAN DOWNSIDE. USUALLY GIVES A +3.

SYSTEM 81 (KHC+3)
USUALLY GIVES +3,+5

SYSTEM SPX2
GOOD CHANCE OF +5, IF THE CLOSE IS POSITIVE THEN THE NEXT DAY AFTER COULD BE DOUBLE DIGIT DOWN

SPX 5E
CAN GIVE +3,+5,+7,+10. ALSO GOOD CHANCE OF A POSITIVE CLOSE. HOWEVER IF IT REVERSES AND GOES NEGATIVE, THEN CAN BE A DDDD

SYSTEMSPXH1
CAN GIVE +3,+5,+7 WITH A POSITIVE CLOSE. THE CLUE IS NOT TRADING MUCH NEGATIVE RTH

Spoos closed at 1927.75 (basis Dec)

K+3 = 1930.75

K-3 = 1924.75

Conclusion

We have 6 KHC+3 SYSTEMS in play.

We also have DDUD Season DAY4 in play.

Plan your trade, trade your plan!

[MAURITIUS]

We’ll Ktb negated, but positive systems abound, albeit some suggesting negative too is some shape or form. Perhaps a pop is sold off? Or it’s a rest day for the bear….. See where we are in the morning…

I am now flat.

[MAURITIUS]

Quiet here today… Aas hoping for a higher positive to short but only got to +5 ish. Now -2.5

[smashie212]

The day is young..

Looking like a go nowhere type of day , maybe it just bounces between 1934 and 1924

[smashie212]

Personally I’d be happy if it hits either the 200 MA – 1905 or the 50MA 1886 before opex next week

[MAURITIUS]

-6.5 now

frustrating

[MAURITIUS]

Either a double bottom with last week here or else new lows coming…

[smashie212]

RUT – the leader here, indicates potentially lower lows ahead…

[MAURITIUS]

Ddud from low but now what…?

[MAURITIUS]

Wow spoos plus 16.

double bottom it was.

news out?

 

[MAURITIUS]

FED minutes did it

[Khalsa]

Wow what have you guys done?

Plan your trade, trade your plan!

[MAURITIUS]

It’s Smashie’s fault…. he mentioned lower lows and it went nuts…. :p

[smashie212]

Dan u should learn to fade me mate !

[MAURITIUS]

Was a tough call down there. Could just as easy dropped 30 handles on a break. Bloody crooks.

[Author]

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