WEDNESDAY 29/07/15 SYSTEMS AND INTRADAY

[Khalsa]

SYSTEMS FOR WEDNESDAY 29TH JULY 2015

Hi all,

Recap ….

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

I have 3 shorts in spoos and 2 swing positions open.

Onto today …

KP
None in play.

KTB
We have a KTB2 triggered at close on 10/07/2015.
It is now negated after DAY3.

KTS
We have a KTS triggered at close on 15/07/2015.
TODAY IS DAY10.

SYSTEM BDIP
We have a BDIP triggered at close on 28/07/2015.
TODAY IS DAY1.

DAY1…
DAY2…
DAY3…
DAY4…

DDUD
We have a DDUD Season triggered at close on 01/07/2015.
It is now negated after DAY7.

SYSTEMS TRIGGERED

ESH3 ND (KHC+5)
SHOULD GET +5

ESH
USUALLY GET +3 AND -3. MORE CHANCE OF -3. NORMALLY IS A DOJI TYPE DAY WITHIN +5 AND -5. TRADING < -5 GIVES CHANCE TO SD DAY

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

ES8A
SHOULD GET+3 AND A -3. DOES NOT ALWAYS CLOSE AT LOWS

SYSTEM 64
UPSIDE UNSUSTAINABLE, RARELY CLOSES AT HIGHS, CAN GIVE -3,-5,-7, BUT CLOSE ERRATIC WITH USUALLY NOT MUCH CHANGE ON THE DAY

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

SPX3B
SHOULD GET +3/+5, -3/-5. DOJI TYPE DAY WITH A CLOSE WITHIN THAT RANGE

SPX4A

SYSTEM SPX7
STARTS OF LOOKING LIKE TRENDING BUT DOES NOT CLOSE AT HIGHS OR LOWS

 

Spoos closed at 2087.25 (basis Sep)

K+3 = 2090.25

K-3 = 2084.25

Conclusion

We have 1 KHC+5 SYSTEMS in play.

We have a BDIP DAY1 & KTS DAY10 in play.

Plan your trade, trade your plan!

[MAURITIUS]

A BDIP! Hooray good to see System 64 too…

[Khalsa]

WCB taken from days low to days high

Plan your trade, trade your plan!

[MAURITIUS]

Probably part of the $100bn injection into Chinese stocks…lol

[Khalsa]

You are right Dan … Fresh from the blomie Bimbos …

“China actually closed up for the first time in 3 days”

 

Plan your trade, trade your plan!

[MAURITIUS]

It was down an hour or two before close and looked like falling away and boom WCB…

[Khalsa]

Having a mad week here but back now.

Been totally out of touch today.

After last closing a short at 2060 ish, I have just reshorted at 2096.50.

 

Plan your trade, trade your plan!

[Khalsa]

Every main support identified has always been a ping point and we are up 40 points from the 2063 SPX low now.

Silver having a lovely day. Needs to hold now

Plan your trade, trade your plan!

[Khalsa]

Oh was it the Fed today?

That makes sense as I said there was nothing on the charts  yesterday.

There you go, spike central at 7pm

Plan your trade, trade your plan!

[Khalsa]

Buy’em.

This spike low at support and mad bounce is just becoming repetitive now.

Thats why my style is too.

Scale into shorts on the way up.

Scale out of them on way down with emphasis on closing some / all at main support identified

Plan your trade, trade your plan!

[Khalsa]

Facebook after the bell

Plan your trade, trade your plan!

[Khalsa]

MS is a donkey on the edge for a short

Plan your trade, trade your plan!

[MAURITIUS]

Khalsa wrote:

MS is a donkey on the edge for a short

wicked..l

[Khalsa]

Talk about ramping into close.

Amazing how it all changes.

VIX is down from 16 a few days ago to 12 again.

 

 

Plan your trade, trade your plan!

[MAURITIUS]

Facebook chart could be construed as a bull flag from 96 to 107 zone….

saying that feel like shorting the mustard given it may be a donkey on edge close…

[Author]

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