WEDNESDAY 18/03/15 SYSTEMS AND INTRADAY

[Khalsa]

SYSTEMS FOR WEDNESDAY 18TH MARCH 2015

Hi all,

Recap ….

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

I have 2 longs in oil, 1 short in Dax, 3 shorts in spoos and 2 swing positions open.

Onto today …

KP
None in play.

KTB
We have a KTB2 triggered at close on 12/03/2015.
It is now negated after DAY3.

KTS
We have a KTS triggered at close on 17/03/2015.
TODAY IS DAY1.

SYSTEM BDIP
We have a BDIP triggered at close on 16/03/2015.
TODAY IS DAY2.

DAY1… We got a low of -10.75.
DAY2…
DAY3…
DAY4…

DDUD
We have a DDUD season triggered at close on 06/03/2015.
TODAY IS DAY8.

SYSTEMS TRIGGERED

ESL1 NEXT DAY
GOOD CHANCE OF A -3

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

ESL2
USUALLY GIVES -4/-7

SPXC
Spx <-4 should give big down -7/-10. Likewise <+3 high will trade negative and close negative. Conclusion may be short +2 Spx. Rarely closes at highs

Spoos closed at 2066.50 (basis Jun)

K+3 = 2069.50

K-3 = 2063.50

Conclusion

We have no KHC SYSTEMS in play.

We have a BDIP DAY2, KTS DAY1 & DDUD SEASON DAY8 in play.

Plan your trade, trade your plan!

[MAURITIUS]

I have closed all longs and am one unit short…

[Khalsa]

Sounds right Dan. Looking forward to seeing how it plays out with crooks quad oe on Friday.

We have Fed on Wednesday also.

Bring it on. I want to short a pop.

Plan your trade, trade your plan!

[MAURITIUS]

I may add on a pop…. May even add now…

[MAURITIUS]

Recouped 7 or 8 points on that long hedge…. Not much considering my underwater short is 1968 but all helps….

[Qman]

Evening all – I’m back!!!!

I see we’re back where we were when the KTB triggered – to within 1/2 a point.

Want to short here but think we may get a FOMC pop tomorrow

[MAURITIUS]

Dollar cost average in short lol

[Qman]

My fault for posting on Tuesdsy – let’s move this to the top – +4 now

[Khalsa]

We don’t have a GFS today.

Navnit

Plan your trade, trade your plan!

[Khalsa]

 

Khalsa wrote:

Qman wrote:

Support still @2064, 61, 57? Where’s resistance Kman?

Good morning, Main resistance is all very close, ie 2071/2073/2075/2078. Above 2088 ish and it really is back to highs and beyond. Supports wise its 2064 and then 2057. Below that we can rock and roll. 2 spanner in the works this week are FED and the CROOKS QUAD OE. This is a shame as we can get clear direction now as per levels but we may get spikes, reversals or just SU/SD which makes it impossible to catch the moves with minimal risk So far, so good though as we seem to be up which maybe the pop, but do we wait until the FED for a proper spike up?

Low was 2055.75 vs 2057. Thats the area that needs to break down still.

The initial lows were 2057 to the dot.

We need to hold 2063 now.

With the FED coming its a total randomiser in a bit, but I hope its down

Plan your trade, trade your plan!

[Khalsa]

Here again at this 2055/7 area.

45 minutes to FED

Plan your trade, trade your plan!

[Khalsa]

For me trading currently is no longer about the 3-5 point scalps we used to do day in day out here.

Its about KTB, KTS, DDUD and $VOLD SYSTEMS. Its about waiting for that trade and then playing it with the hope of making 20-30+ points on it.

SYSTEM MS has been elusive recently but once that comes back I am sure there will be more trades to play.

I have not got my pop to short and this morning when it hit +3.50 was teh high

Plan your trade, trade your plan!

[Khalsa]

Low 2052 now for a print of -14 on BDIP DAY2 and KTS DAY1

Plan your trade, trade your plan!

[Khalsa]

lol here comes a spike and undoes all the down.

Short 2076 basis the resistance levels posted earlier.

 

Plan your trade, trade your plan!

[Khalsa]

Short 2080 also.

Plan your trade, trade your plan!

[Author]

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