WEDNESDAY 13/08/2014 SYSTEMS & INTRADAY

[Khalsa]

SYSTEMS FOR WEDNESDAY 13TH AUGUST 2014

Hi all,

Recap ….

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

I have 1 short in Ftse, 16 shorts in spoos and 2 swing positions open.

Onto today …

KP
None in play.

KTB
We have a KTB2 triggered at close on 08/08/2014.
TODAY IS DAY3.

KTS
We have a KTS5 triggered at close on 05/08/2014.
It is now negated after DAY3.

SYSTEM BDIP

NONE IN PLAY.

DDUD
None in play.

SYSTEMS TRIGGERED

ESC
CAN GET A +3 BUT SHOULD GET A -3. CHANCES OF -5, -7, -10

SYSTEM 70 (KHC +3)
USUALLY GIVES +3

SYSTEM 72 (KHC +3)
SHOULD GET +3,+5 POSSIBLY MORE. DOWNSIDE USUALLY LIMITED TO -5.

Spoos closed at 1930.50 (basis Sep)

K+3 = 1933.50

K-3 = 1927.50

Conclusion

We have 2 KHC+3 SYSTEMS in play.

We also have a KTB2 DAY3 in play.

Plan your trade, trade your plan!

[Khalsa]

ES3 looks good but its against SYSTEM 70&72 bullish combo.

KTB DAY3 can be resumption.

That all looks bullish biased.

So we have it at +7 already.

However today can be either ..

a) It can be the day where it all looks higher and resumption back up only to fail miserably later and downtrend continues.

b) It can be an SU up day to kill all bears (and bulls) that are now bearish.

1947 is the key to hold

1920/3/5 is the area to break down.

 

Plan your trade, trade your plan!

[MAURITIUS]

GFS will maybe give us a clue. If gap can fill perhaps bears can get back in charge….

[MAURITIUS]

WCB at open. What a surprise….

[Khalsa]

We have a borderline GFS triggered for today.

Navnit

Plan your trade, trade your plan!

[MAURITIUS]

Thanks Navnit,

Now plus 5 from a plus 9 at open…..

do I wait for a short gfs entry? Hmmm

Dan.

[MAURITIUS]

One short in at +5

may add more….

[MAURITIUS]

Another at +6

[MAURITIUS]

Lol now plus 12…

[MAURITIUS]

I want to add here but 70&72 are making me think twice…

[Khalsa]

I know the feeling.

I added two shorts back on the day after I closed 5 shorts.

Now I cannot short unless we see 1945/7 (MUST HOLD AREA)

I missed 1945 earlier so tempted to go in now, but SU is usually SU so will wait for now

Plan your trade, trade your plan!

[MAURITIUS]

I shorted +14 too….

[MAURITIUS]

Tank u mustard!

[MAURITIUS]

Shorted +11 too now.

sit back and watch now…

[MAURITIUS]

Expanding triangle perhaps on daily….would tie in with your 1860 idea if it can finish this rally somewhere near here….

[Author]

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