WEDNESDAY 25/06/2014 SYSTEMS & INTRADAY

[Khalsa]

SYSTEMS FOR WEDNESDAY 25TH JUNE 2014

Hi all,

Recap ….

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

I have 1 short in Ftse, 20 shorts in spoos and 2 swing positions open.

Onto today …

KP
None in play.

KTB
We have a KTB2 triggered at close on 21/05/2014.
It is now negated after DAY6.

KTS
We have a KTS triggered at close on 16/06/2014.
It is now negated after DAY1.

SYSTEM BDIP

We have a BDIP triggered at close on 18/06/2014.
It is now negated after DAY4.

DAY1… We got a low of -5.25.
DAY2… We got a low of -2.00.
DAY3… We got a low of -3.25.
DAY4… We got a low of -13.00.

We have a BDIP triggered at close on 13/06/2014.
TODAY IS DAY4.

DAY1… We got a low of -9.25.
DAY2… We got a low of -5.25.
DAY3… We got a low of -4.75.
DAY4… We got a low of -5.25.

We have a BDIP triggered at close on 10/06/2014.
It is now negated after DAY4.

DAY1… We got a low of -12.25.
DAY2… We got a low of -19.00.
DAY3… We got a low of -4.00.
DAY4… We got a low of -9.25.

DDUD
None in play.

SYSTEMS TRIGGERED

SYSTEM ESE
GET +3 AND -3 BOTH. CAN BE A TRENDING DAY ONCE WE TRADE >+4 OR < -4 AND CLOSE POSITIVE OR NEGATIVE RESPECTIVELY

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

ES93

SYSTEM SPXE
MORE DOWNSIDE THAN UPSIDE, CHANCES OF -4,-7, THE CLUE TO A DOWN IS SPX TRADING NOT MORE THAN +3, SPX TRADING > +3 GIVES CHANCE TO A POSITIVE CLOSE. IF SPX DOES NOT TRADE MUCH NEGATIVE IT CAN BE A SU SYSTEM BUT DOES NOT CLOSE AT HIGHS.

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

Spoos closed at 1943.25 (basis Sep)

K+3 = 1946.25

K-3 = 1940.25

Conclusion

We have 1 KHC+3 SYSTEMS in play.

Plan your trade, trade your plan!

[Khalsa]

Only 1 KHC+3.

Downside continues.

I could write loads of technical analysis, but I really do not need to.

Next downside target is approx 1923 ES.

So far the crooks quad oe plan worked out perfect right down to a retest today of yesterday’s highs.

The idea should be of a 70-130 point fall has started already

Plan your trade, trade your plan!

[Khalsa]

THE LEVELS

Price needs to hold 1947/1950 as resistance

The supports are 1940 and then 1935/7. Below that it can fall.

 

Plan your trade, trade your plan!

[Khalsa]

Khalsa wrote:

THE LEVELS Price needs to hold 1947/1950 as resistance The supports are 1940 and then 1935/7. Below that it can fall.

We are at 1950 now, which is max resistance for me allowed really.

Low was 1937.25 bang on lower support.

 

Plan your trade, trade your plan!

[Khalsa]

MUST HOLD resistance really is 1951.25.

It looks like it wants to break it up.

Hopefully its a 7.30pm high but what a difference one day makes and so far yesterday was yet another one day wonder

Plan your trade, trade your plan!

[Khalsa]

Short 1950.50 basis MUST HOLD resistance.

Plan your trade, trade your plan!

[Khalsa]

All about breaking 1948 down now.

Problem is as always it will run out of time now and then tomorrow is a whole new day.

Plan your trade, trade your plan!

[Author]

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