WEDNESDAY 24/02/16 SYSTEMS AND INTRADAY

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  • #21330
    Khalsa
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      SYSTEMS FOR WEDNESDAY 24TH FEBRUARY 2016

      Hi all,

      Recap ….

      Intraday wise …. I banked 0 points  today.

      I have 2 Longs in Oil, 5 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 KTS5 triggered at close on 23/02/2016.
      TODAY IS DAY1.

      SYSTEM BDIP
      We have a BDUP triggered at close on 16/02/2016.
      TODAY IS DAY2.

      DAY1… We got a low of -20.50.
      DAY2…
      DAY3…
      DAY4…

      We have a BDUP triggered at close on 16/02/2016.
      IT IS NOW NEGATED AFTER DAY4.

      DAY1… We got a low of -7.00.
      DAY2… We got a low of -14.25.
      DAY3… We got a low of -18.00.
      DAY4… We got a low of -4.50.

      DDUD
      We have a DDUD triggered at close on 18/02/2016.
      TODAY IS DAY4.

      SYSTEMS TRIGGERED

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

      ESC
      CAN GET A +3 BUT SHOULD GET A -3. CHANCES OF -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

      ES5
      SHOULD GET +3,+5 BUT RARELY CLOSES AT HIGHS

      ES 5B
      CAN GIVE UPTO +5 & -5. INITIAL DIRECTION IS USUALLY A FADE.

      ES 5C (KHC+3)
      USUALLY GIVE A +3 AND CLOSES POSITIVE. RARELY CLOSES AT LOWS

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

      SYSTEM 70 (KHC +3)
      USUALLY GIVES +3

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

      SYSTEM SPXH1
      CAN GIVE +3,+5,+7 WITH A POSITIVE CLOSE. THE CLUE IS NOT TRADING MUCH NEGATIVE RTH

      SYSTEM SPX2
      GOOD CHANCE OF +5, IF THE CLOSE IS POSITIVE THEN THE NEXT DAY AFTER COULD BE DOUBLE DIGIT DOWN

      SPX 5E
      CAN GIVE +3,+5,+7,+10. ALSO GOOD CHANCE OF A POSITIVE CLOSE. HOWEVER IF IT REVERSES AND GOES NEGATIVE, THEN CAN BE A DDDD

      Spoos closed at 1915.50 (basis Mar)

      K+3 = 1918.50

      K-3 = 1912.50

      Conclusion

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

      We have a BDIP DAY2, KTS5 DAY1 & DDUD DAY4 in play.

      Plan your trade, trade your plan!

      #21331
      Khalsa
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        Now with System 70 & 72 also with System ES 5C on top of KTS & BDIP combo and lastly KAIS it’s looking great for the plan of down leg started.

        Continue to be very very pleased with THE SYSTEMS and our interpretation off them.

        Plan your trade, trade your plan!

        #21333
        Khalsa
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          Just hope it can hold 1925 now other wise it could run higher again given that we had a low in globex.

          The pattern today could be inverted, whilst its still in counter trend topping process.

          Plan your trade, trade your plan!

          #21334
          MAURITIUS
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            Oscar selling rallies fwiw

            I missed ftse gapfill and sell trade by a second and it tanked

            #21335
            Khalsa
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              So far so good. Held under 1925 and fell.

              Now need to break this 1910 area before we can see 1898/1901.

              Below that JIGSAW complete.

              Plan your trade, trade your plan!

              #21337
              MAURITIUS
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                Managed to nick 10 ftse points.

                Every little helps.

                My brother’s ftse guy has medium term target 5850/60. Stop over 6100. He usually gets the medium term correct and lines up with the jigsaw which is nice 🙂

                #21344
                MAURITIUS
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                  Hope no gfs

                  #21347
                  Khalsa
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                    Hope no gfs

                    Absolutely 100% no GFS, yet this has taken off like a rocket.

                    All I can see is the 10 DMA on the SPX chart and if it has bounced from there, it can be bullish. I hope not

                    Plan your trade, trade your plan!

                    #21348
                    Khalsa
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                      So now below 1890 this will look good, especially 1890 on SPX.

                      Plan your trade, trade your plan!

                      #21349
                      MAURITIUS
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                        Lol we are posting in wrong day…..

                        #21350
                        MAURITIUS
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                          There is a bunch of posts for today in tuesday thread….

                          anyway, big mustard bounce…. Is it a gift of a sell? Or something more sinister?

                          #21351
                          Qman
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                            Just the double DDUD – grrrr

                            ps It’s WEDNESDAY you couple of dopey mustards

                            #21360
                            MAURITIUS
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                              Khalsa started it!

                              He even drove the wrong way today lol…

                              #21361
                              Khalsa
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                                lol Dan, so true. That mustard lapse in concentration cost me an extra 30 mins.

                                Who is the mustard though that cause the lapse?

                                Plan your trade, trade your plan!

                                #21362
                                Qman
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                                  Just the double DDUD – grrrr ps It’s WEDNESDAY you couple of dopey mustards

                                  scrap that – make it a triple DDUD.

                                  Worrying…..

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