WEDNESDAY 16/10/2013 SYSTEMS & INTRADAY

[Khalsa]

SYSTEMS FOR WEDNESDAY 16TH OCTOBER 2013

Hi all,

Recap ….

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

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

Onto today …

KP
None in play.

KTB

We have a KTB2 triggered at close on 01/10/2013.
IT IS NOW NEGATED AFTER DAY1.

KTS

We have a KTS triggered at close on 11/10/2013.
It is now negated after DAY1.

We have a KTS5 triggered at close on 08/10/2013.
It is now negated after DAY2.

SYSTEM BDIP
We have a BDIP triggered at close on 14/10/2013.
TODAY IS DAY2.

DAY1… We got a low of -14.75.
DAY2…
DAY3…
DAY4…

We have a BDIP triggered at close on 10/10/2013.
TODAY IS DAY4.

DAY1… We got a low of -12.00.
DAY2… We got a low of -18.25.
DAY3… We got a low of -14.75.
DAY4…

DDUD
We have a DDUD season triggered at close on 11/07/2013.
It is now negated after DAY2.

SYSTEMS TRIGGERED

ESL3 ND
SHOULD GIVE A -3

SYSTEM ESG (KHC+3)
SHOULD GET +3 MINIMUM, CAN GO TO +5,+7,+10.

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

SYSTEM 70 (KHC +3)
USUALLY GIVES +3

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

ES90
DOWNSIDE SHOULD BE MORE THAN UPSIDE. USUALLY PRINTS LITTLE POSITIVE AND NEGATIVE CAN BE -5, -7. HIGHS SHOULD BE CONTAINED WITHIN +6 AND GOOD CHANCE OF A NEGATIVE CLOSE.

SYSTEM SPXG
More chance of upside than downside. Usually get +3,Trading > +3 SPX = chances of +5, +7,+10. Could also gap up open.

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

SYSTEM SPX5
Not much lower in RTH, High +4/+5, HOWEVER IF SPX GAPS DOWN OPEN IT CAN BE A SERIOUS NEGATIVE SD DAY

SYSTEM SPX5B
TRENDING SYSTEM, IF SPX TRADES > -3 LOW THEN CAN GET +3/+5, IF SPX TRADES < -3 SHOULD GET -3/-5, IF HIGH TRADED IS < 3 THEN SD DAY AND CLOSE NEGATIVE

Spoos closed at 1692.25  (basis Dec)

K+3 = 1695.25

K -3 = 1689.25

Conclusion

We have 4 KHC+3 SYSTEMS in play.

We also have a BDIP DAY4 & BDIP DAY2 in play.

Plan your trade, trade your plan!

[Khalsa]

Well that answers that.

As per the EW, it is bullish and we have 4 KHC+3’s.

We also have ESG/SPXG combo.

I am long from 1692.25.

I could have closed at open for 5.25 points, which is very good.

However I decided to run into tomorrow and have just seen it fall back.

Lets see

Plan your trade, trade your plan!

[smashie212]

Fitch puts US  credit rating on downgrade alert:

http://www.zerohedge.com/news/2013-10-15/fitchslapped-french-rating-agency-puts-us-aaa-rating-negative-watch

[MAURITIUS]

No vote tonight…

[vrost]

Out with 5 points in the bank from overnight long, originally had the limit to close at 1703 but just before going to bed changed it down 🙁

IN a training course all day so better 5 points in the bank then sit through a course worrying about a trade.

Systems strike again, nice one K.

Have a good day all and stay safe.

Arj

[Khalsa]

Good morning,

Bludy hell, my 10 point limits got hit at 1702.25.

That is another 10 pointer.

Just amazing and once again full credit to the SYSTEMS with 4 KHC+ve’s and no -ve’s and that SYSTEM SPXG/ESG combo (which has been a DDUD print in the bull). We got the DDUD print again.

That is all besies the fitch pollux and no agreement pollux.

Really spectacular SYSTEMS lately.

Plan your trade, trade your plan!

[Khalsa]

The next trade now will probably be based GFS or at open.

Plan your trade, trade your plan!

[MAURITIUS]

I am at Wakehurst Place in Sussex. Kew’s ‘satellite garden’.

May go for a gfs if it triggers but i reckon it won’t. Have to be wary of agreement pollux too….

[Khalsa]

Right here we go.

Over to GFS now

Good luck all

Plan your trade, trade your plan!

[Khalsa]

As it stands NO GFS.

I will give it a little longer but it has not triggered within the timeframe allowed

Plan your trade, trade your plan!

[Khalsa]

I would love to short this but it would be against TREND up.

Oh sod it, its a joke to be up this much on pollux.

Short 1712.25

Plan your trade, trade your plan!

[Khalsa]

NO GFS, even with the extra time

Plan your trade, trade your plan!

[Khalsa]

Limits hit for the magic 3 points.

Short again 1711.25.

Same 3 point limits as its a contra trade against TREND UP

Plan your trade, trade your plan!

[Khalsa]

With TREND Up now longs needs to be for 5-7-10 points but shorts are just scalps for 3 points unless there is a plan for otherwise (GFS target, BDIP etc)

Plan your trade, trade your plan!

[Khalsa]

Total SU day and glad GFS said NO FILL.

I was going to add at 1715/17 but did not.

I am so tempted to short 1720/3 area should we get there, but will see that later.

 

Plan your trade, trade your plan!

[Author]

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