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SYSTEMS FOR THURSDAY 5TH NOVEMBER 2015
Hi all,
Recap ….
Intraday wise …. I banked 0 points in Spoos today.
I have 11 shorts in spoos & 2 swing positions in spoos open.
Onto today …
KP
None in play.KTB
We have a KTB triggered at close on 14/10/2015.
It is now negated after DAY15.KTS
We have a KTS triggered at close on 04/11/2015.
TODAY IS DAY1.SYSTEM BDIP
None in play.DDUD
None in play.SYSTEMS TRIGGERED
ESL2 NEXT DAY (KHC-4)
GIVES -4/ -7ESC
CAN GET A +3 BUT SHOULD GET A -3. CHANCES OF -5, -7, -10SYSTEM 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 DAYSYSTEM SPXH1
CAN GIVE +3,+5,+7 WITH A POSITIVE CLOSE. THE CLUE IS NOT TRADING MUCH NEGATIVE RTHSpoos closed at 2094.75 (basis Dec)
K+3 = 2097.75
K-3 = 2091.75
Conclusion
We have 1 KHC-4 SYSTEMS in play.
We have a KTS DAY1 in play.
Plan your trade, trade your plan!
Cool – KTS. Let’s hope it lasts longer than 2 days like the last one.
And burns those mustards who bought it up 4 odd points into the close.
Nice to see a KHC -ve and a KTS.
2090 is the level to break now.
2100/3 is the level to hold.
Not much more to say really at this stage apart from both yesterdays shorts in the money now and happy with my timing but now that I mentioned I am in profit, its all over 😡
Plan your trade, trade your plan!
So now today we see if its one day down and then ramp back up.
Below 2090 nothing really to 2070, but I just cannot see what will make it sell off to there pre NFP’s
So maybe a irritating cabbage today for max confusion?
Plan your trade, trade your plan!
At 2100… Perhaps a great short given the hold level…..
as you say NFP tomorrow suggests cabbage til then but occasionally the mustard falls away before.
I will give the KTS credit. First day of a pop and drop like this and it is KTS DAY1.
Ideally now we need to hold 2090/3 area as resistance.
I mentioned 2070 this morning as a downside target, but remain very skeptical we can see it this side of NFP’s.
It would be lovely to though
Plan your trade, trade your plan!
Taking no chances.
Closed 2108.50 short at 2086 for 22 points.
Closed 2099 short at 2086.50 for 12.50 points.
Best I could do there
Plan your trade, trade your plan!
Am I glad or am I glad I closed them.
Plenty more bites at the cherry but for now NFP’s rule.
2090/3 resistance got smashed through and now its up to that 2100/3 area before 2110/3.
No surprise to me that although we should have seen 2070, we did not (as per my hunch).
Plan your trade, trade your plan!
2097 is now resistance to hold. Its the ongoing CIT. We are below as it stands
Plan your trade, trade your plan!
Khalsa does the kts tend to last a certain period of time or is it negated if price moves up beyond a certain level? I recall some negate quickly
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