MONDAY 14/10/2013 SYSTEMS & INTRADAY

[Khalsa]

SYSTEMS FOR MONDAY 14TH OCTOBER 2013

Hi all,

Recap ….

Intraday wise …. I banked 9 points in spoos today.

I have 1 short in Ftse & 18 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.
TODAY IS 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 10/10/2013.
TODAY IS DAY2.

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

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

SYSTEMS TRIGGERED

ESL1 NEXT DAY
GOOD CHANCE OF A -3

ESHA

ESL2
USUALLY GIVES -4/-7

SYSTEM ES5D (KHC-5)

ES8B

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

Spoos closed at 1700  (basis Dec)

K+3 = 1703

K -3 = 1697

Conclusion

We have 1 KHC-5 SYSTEMS in play.

We also have a BDIP DAY2 & KTS DAY1 in play.

Plan your trade, trade your plan!

[Khalsa]

Friday was a tough day with it being SU again and also printing a -12 when we were all asleep in globex.

However I still managed to bank 9 points on three trades but have 2 carried over from 1693 and 1696.

It was also a very profitable week with 30 points banked.

Where now?

Plan your trade, trade your plan!

[Khalsa]

Well this is now very interesting.

We have an MS target of 1690.50 today as it is DAY2

We have a KTS DAY1

We have BDIP DAY2

and also a KHC-5 SYSTEM.

I posted this as an early warning on Friday so we had a chance to short / add to shorts.

This not only makes for a a good negative print but also a possible CIT.

If so that means we are not in TREND UP and the model was right to go to TREND NEUTRAL

If despite all this it carries on up, that does mean that the model will go TREND UP

Bring it on!

Support is at 1692/3 area which will tie in with a -5 print on KHC SYSTEM and -7 on BDIP / KTS minimum

Plan your trade, trade your plan!

[smashie212]

bingo!

how i like your systems kman 

[Khalsa]

Just totally incredible and brilliant start to the day.

This is exactly what the SYSTEMS have called and all forewarned in the Early Warning on Friday.

Closed 1696 short at 1684 for 12 points.

Closed 1693 short at 1684 for 9 points.

Mega Super Yeehaa

 

 

Plan your trade, trade your plan!

[MAURITIUS]

Closed short from Friday for 10.75pts

[vrost]

Wow!!!!!

Love the systems K and the calls you made..

Banked 29 points across three shorts from Friday 🙂

Thanks.

[MAURITIUS]

I suspect through the week this goes lower until they announce a “solution” and then we rally to new highs what with Xmas on the way….

There again, they may agree nothing and default…..I dn’t believe they will do that. At the end of the day, anything will be better than default in their greedy eyes.

Dan.

[Khalsa]

Excellent Smashie and Dan. Hope many more got this one also.

SYSTEMS have already printed -16 which is not far off a BDIP-17. Really great to see.

I have been busy copying over the GLOSSARY and THE SYSTEMS menu items today also.

I also added to the trading rules and motivation thread.

http://khalsaspad.com/forums/forum/traders-talk-forum/trading-rules-and-motivation/

Plan your trade, trade your plan!

[Khalsa]

vrost wrote:

Wow!!!!! Love the systems K and the calls you made.. Banked 29 points across three shorts from Friday Thanks.

lol Arj, excellent mate, well done, you banked more than me.

Way to go guys but no room for ANY GREED or COMPLACENCY.

We have to take one step at a time in this game

Plan your trade, trade your plan!

[vrost]

Busy with work tomorrow so wont get a chance to trade, probably a good thing.

Thanks again.

 

[MAURITIUS]

Given the late Friday ramp of 7-8pts, we aren’t a lot lower really….. That ramp seemed crooked to me…lol…there again what isn’t crooked these days?!!

[Khalsa]

Well wow what do we have here.

From a -20 low last night to a -10 now.

Is this WNER now?

I was so, so tempted to long it last night but could not find a single reason to do so apart from WNER.

Still no complaints we got a beauty trade from the SYSTEMS and we will wait for the next signal

Plan your trade, trade your plan!

[MAURITIUS]

I think we will get some big swings this week…. Reacting to news snippets etc

[Khalsa]

Indeed Dan and we must remember that as much as that is an opportunity for us to make money, its also an even bigger opportunity for the crooks to steal our money.

Patience is a virtue. I was guilty last week of entering too early, but that was only becuase I had a very definite plan.

Plan your trade, trade your plan!

[Author]

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