WEDNESDAY 12/08/15 SYSTEMS AND INTRADAY

[Khalsa]

SYSTEMS FOR WEDNESDAY 12TH AUGUST 2015

Hi all,

Recap ….

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

I have 4 shorts in spoos and 2 swing positions open.

Onto today …

KP
None in play.

KTB
We have a KTB triggered at close on 04/08/2015.
IT IS NOW NEGATED AFTER DAY2.

KTS
A KTS2 has triggered at close on 11/08/2015.
TODAY IS DAY1.

SYSTEM BDIP
We have a BDIP triggered at close on 10/08/2015.
TODAY IS DAY2.

DAY1… We got a low of -29.00.
DAY2…
DAY3…
DAY4…

DDUD
We have a DDUD Season triggered at close on 06/08/2015.
It is now negated after DAY2.

SYSTEMS TRIGGERED

ESL4 ND
IF IT CAN GET BELOW A -3, THEN IT CAN BE A DDDD

SYSTEM ESE
GET +3 AND -3 BOTH. CAN BE A TRENDING DAY ONCE WE TRADE >+4 OR < -4 AND CLOSE POSITIVE OR NEGATIVE RESPECTIVELY

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

SYSTEM 70 (KHC +3)
USUALLY GIVES +3

SYSTEM SPXH1
CAN GIVE +3,+5,+7 WITH A POSITIVE CLOSE. THE CLUE IS NOT TRADING MUCH NEGATIVE RTH

Spoos closed at 2279.50 (basis Sep)

K+3 = 2082.50

K-3 = 2076.50

Conclusion

We have 1 KHC+3 SYSTEMS in play.

We have a BDIP DAY2 & KTS2 DAY1 in play.

Plan your trade, trade your plan!

[MAURITIUS]

Oooo a KTS….,,

[Qman]

Nice again.

Without getting off the fence – what levels are we looking at Kman?

[Khalsa]

Well what a day to miss yesterday. Totally shattered as I needed to be out and just got back a while ago.

Lovely to see a BDIP & KTS combo but sadly without study, I am loathed to post anything.

Going to try and catch up now but being so tired might just get some rest and be up early to post.

Plan your trade, trade your plan!

[Khalsa]

Bludy hell it went back to print the failed systems target from yesterday.

Nuts! I really was not sure at close yesterday but there were clues intraday today.

Plan your trade, trade your plan!

[Khalsa]

Looked like you guys got a perfect early high to sell

Plan your trade, trade your plan!

[Qman]

Nice. Limits hit overnight 2081 short for 10 points

[MAURITIUS]

Closed short from rally monday for 11 handles. Still with 3 shorts.

[Khalsa]

Ah lovely a -15. We have hit 2063.75.

Recent low 2062.

Next step is a mid 205x.x print and then a 204x.x print.

That is the total key. Below that its going to tank.

Europe has died. IS some news due that is very bearish?

 

 

 

Plan your trade, trade your plan!

[Khalsa]

So far for me this is too orderly.

I do not like the DDUD into close but it stopped at yesterdays intraday CIT at 2081.

We need to watch this 2060/3 area very carefully incase it is that PING POINT that we have all got used to.

 

Plan your trade, trade your plan!

[Khalsa]

Closed 2096.50 short at 2063.50 for 33 points.

Just going to play it safe for now.

Plan your trade, trade your plan!

[Khalsa]

So the BDIP/KTS combo printed a -17 yet again. That is certainly an interesting combo for a bearish print.

Low so far 2062.25, bang on that previous recent low of 2062 and in this PING POINT range of 2060/3.

 

So damn tempted to try a long, but I know that if it fails, it fails

 

Plan your trade, trade your plan!

[Khalsa]

Long 2063.25

 

Plan your trade, trade your plan!

[Khalsa]

I suppose it is against my remaining shorts and therefore, worth a punt.

Limits in for 5 measly points

Plan your trade, trade your plan!

[Qman]

Nice work with the sacrifice long to get us down thru 2063 – can you take another here to get us thru 2055?

 

[Author]

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