WEDNESDAY 16/03/16 SYSTEMS AND INTRADAY

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  • #21761
    Khalsa
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      SYSTEMS FOR WEDNESDAY 16TH MARCH 2016

      Hi all,

      Recap ….

      Intraday wise …. I banked 0 points today.

      I have 1 long in spoos, 7 shorts in spoos & 2 swing positions in spoos open.

      Onto today …

      KP
      None in play.

      KTB
      We have a KTB2 triggered at close on 03/02/2016.
      It is now negated after DAY5.

      KTS
      We have a new KTS triggered at close on 14/03/2016.
      TODAY IS DAY2.

      SYSTEM BDIP
      We have a BDIP triggered at close on 04/03/2016.
      It is now negated after DAY4.

      DAY1… We got a low of -10.50.
      DAY2… We got a low of -23.00.
      DAY3… We got a low of -3.00.
      DAY4… We got a low of -21.75.

      We have a BDIP triggered at close on 03/03/2016.
      It is negated after DAY4.

      DAY1… We got a low of -6.50.
      DAY2… We got a low of -10.50.
      DAY3… We got a low of -23.00.
      DAY4… We got a low of -3.00.

      We have a BDIP triggered at close on 02/03/2016.
      It is now negated after DAY4.

      DAY1… We got a low of -8.25.
      DAY2… We got a low of -6.50.
      DAY3… We got a low of -10.50.
      DAY4… We got a low of -23.00.

      DDUD
      We have a DDUD triggered at close on 18/02/2016.
      It is now negated after DAY9.

      SYSTEMS TRIGGERED

      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

      ES16A

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

      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

      SYSTEM SPX5D (KHC-3)
      USUALLY DO NOT GET MUCH POSITIVE, BUT CAN BE A VERY NEGATIVE PRINT. CAN EXPECT -5,-7,-10.

      Spoos closed at 2006.50 (basis Jun)

      K+3 = 2009.50

      K-3 = 2003.50

      Conclusion

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

      We have a KTS1 DAY2 in play.

      Plan your trade, trade your plan!

      #21762
      MAURITIUS
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        Oscar starting session neutral.

        Turd reckons they raise rates.

        #21765
        Khalsa
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          I still see no change from the bias of upwards into crooks quad oe (possible 2040 / 2080 SPX) on this run with WNER combined next week.

          200 DMA on SPX has held it but no retrace, which is a real concern also.

          All down to FED now.

          Plan your trade, trade your plan!

          #21766
          Khalsa
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            If the SYSTEMS had ESD as well as SPXD to make the combo, I would have been “bearish” for today.

            One option could be that most of the expiry work is done by the crooks from Thursday low last week and now really its just a sideways chop into expiry.

             

            Plan your trade, trade your plan!

            #21773
            Khalsa
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              Its all about breaking 2005 down now (June contract)

              Tick tock FED Crooks

              Plan your trade, trade your plan!

              #21775
              Qman
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                What a total and utter joke – it spikes 10 points on FED doing nothing. I read yesterday they’d priced in a 0% chance of a March hike. And they didnt

                #21777
                Khalsa
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                  What a total and utter joke – it spikes 10 points on FED doing nothing. I read yesterday they’d priced in a 0% chance of a March hike. And they didnt

                  lol you seem surprised.

                  I remain long still with the long from yesterday. Really cant be bothered to close it

                  Plan your trade, trade your plan!

                  #21779
                  Qman
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                    Not just once – but twice……double lol

                    of course no surprise

                    #21781
                    MAURITIUS
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                      Closed long from the other day for 6.5 handles

                      #21782
                      MAURITIUS
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                        Darn…. Should have waited….

                        #21784
                        Khalsa
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                          Massive worry for Bears is that it is piercing above the 200 DMA on SPX.

                          It is currently 2018.53 and that is where SPX needs to close below today ideally.

                          The target area is 2040 / 2080 SPX.

                          I am going to close yesterdays 1998.75 long here at 2018.75 for 20 points on the way back down from 2022.75.

                          I am sure its a spook out and I am sure a higher price is due by Friday / Monday WNER.

                           

                          Plan your trade, trade your plan!

                          #21785
                          Khalsa
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                            The lesson once again is to back a plan.

                            If I had longed the Thursday low plan in to Friday crooks quad OE, I would have had many more points so far.

                            Plan your trade, trade your plan!

                            #21787
                            MAURITIUS
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                              Oscar starting Thursday with a green Omni in Spoos. Buying dips.

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