WEDNESDAY 14/05/2014 SYSTEMS & INTRADAY

[Khalsa]

SYSTEMS FOR WEDNESDAY 14TH MAY 2014

Hi all,

Recap ….

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

I have 1 short in Ftse, 19 shorts in spoos and 2 swing positions open.

Onto today …

KP
None in play.

KTB
None in play.

KTS
None in play.

SYSTEM BDIP
We have a BDIP triggered at close.
TODAY IS DAY2.

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

DDUD
None in play.

SYSTEMS TRIGGERED

ESL2 NEXT DAY (KHC-4)
GIVES -4/ -7

SYSTEM ES1A (KHC+3)
MORE CHANCE OF UPSIDE THAN DOWNSIDE, DOES NOT CLOSE AT LOWS, CHANCE OF DB DIGIT HIGH, USUALLY GET MINIMUM +3 AND CLOSE +VE

ES10
DOJI DAY WITHIN A 8 POINT RANGE AND TOWARDS -VE BIAS. ANY GAP UP OPEN SHOULD FILL THE SAME DAY.

SYSTEM SPX1A
CAN GET +5 SPX, CLOSE CAN BE ERRATIC. ANY GAP UP OPEN NEED NOT FILL THE SAME DAY, BUT ANY GAP DOWN OPEN SHOULD FILL THE SAME DAY.

SPX 10

Spoos closed at 1894.25 (basis Jun)

K+3 = 1897.25

K-3 = 1891.25

Conclusion

We have 1 KHC+3 & 1 KHC-4 SYSTEMS in play.

W also have a BDIP DAY2 in play.

Plan your trade, trade your plan!

[Khalsa]

So KHC-5 and BDIP DAY1 failed yesterday . No surprise in MAD MODE.

Turnaround Tuesday failed too.

Instead it looks like a rest day before more up, so it could be a day of minimums and then rally.

We did spike > 1900 SPX, but sadly nothing to indicate a downmove other than we are on trigger for a KTS due any day now.

Plan your trade, trade your plan!

[MAURITIUS]

Gap down, fill, zoom. Lol

[Khalsa]

Probably that the usual to fill both targets in MAD MODE

Plan your trade, trade your plan!

[Khalsa]

Fantastic article

http://www.theguardian.com/commentisfree/2014/may/13/ukraine-us-war-russia-john-pilger

Plan your trade, trade your plan!

[Khalsa]

The best thing we can have today would be a high TRIN.

Yesterdays SPX high was 1902.17 and thats pre OE expiry

Plan your trade, trade your plan!

[MAURITIUS]

Closed short for 5 points.

[Khalsa]

Todays KHC-4 prints and yesterdays KHC-5 prints also.

So far so good.

 

Plan your trade, trade your plan!

[Khalsa]

Well there is the gap down and zoom Dan.

 

Plan your trade, trade your plan!

[Khalsa]

ongoing short term trend levelis now at 1885 which is support

Plan your trade, trade your plan!

[Khalsa]

1886/8 is very strong support. If that can break then it can fill the gap below imo.

 

Plan your trade, trade your plan!

[Khalsa]

FTSE is so happy with the world as it stands. It rallied into close.

One can assume that will be the game by the yanks.

Long 1890 ES

Plan your trade, trade your plan!

[Khalsa]

So FTSE was a bluff?

What a total joke this game is now.

-7 prints only because I went long.

I will stay damn long if thats what it takes to get this market down.

Plan your trade, trade your plan!

[Khalsa]

1886/8 is very strong support. If that can break then it can fill the gap below imo.

Low was 1886.

Plan your trade, trade your plan!

[MAURITIUS]

1884 now :p

[Author]

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