WEDNESDAY 06/04/16 SYSTEMS AND INTRADAY

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  • #22007
    Khalsa
    Moderator

      SYSTEMS FOR WEDNESDAY 6TH APRIL 2016

      Hi all,

      Recap ….

      Intraday wise …. I banked 0 points today.

      I have 9 shorts in spoos & 2 swing positions in spoos open.

      Onto today …

      KP
      None in play.

      KTB
      We have a KTB triggered at close on 30/03/2016.
      TODAY IS DAY5.

      KTS
      We have a new KTS triggered at close on 14/03/2016.
      It is now negated after DAY8.

      SYSTEM BDIP
      None in play.

      DDUD
      We have a DDUD triggered at close on 05/04/2016.
      TODAY IS DAY1.

      SYSTEMS TRIGGERED

      ESH1 NEXT DAY (KHC+3)
      USUALLY GIVES +3, IF IT GAPS DOWN THEN IT CAN GIVE A DDDD AND THEN BOUNCE AND MAKES A +3 LESS LIKELY.

      SYSTEM ESA (KHC+3)
      SHOULD GET +3/+5/+7, HOWEVER IT CAN BE AFTER A DRAWDOWN, CLUE IS TRADING > +2.

      ESH2 (KHC+3)
      CAN GIVE +3,+5,+7,+10. HOWEVER FAILURE TO PRINT +3 USUALLY RESULTS IN DOUBLE DIGIT DOWN DAY. DOES NOT USUALLY CLOSE AT HIGHS.

      ES4C

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

      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

      SPX18
      CHANCE OF A GOOD TRENDING DAY. IF HIGH TRADED IS <3, CHANCE OF A DOUBLE DIGIT DOWN DAY. IF LOW TRADED > -3, CHANCE OF POSITIVE CLOSE.

      Spoos closed at 2038.75 (basis Jun)

      K+3 = 2041.75

      K-3 = 2035.75

      Conclusion

      We have 6 KHC+3 SYSTEMS in play.

      We have a KTB DAY5 & DDUD DAY1 in play.

      Plan your trade, trade your plan!

      #22008
      Khalsa
      Moderator

        The “look” of these systems is for a pop and drop.

        Chinese PMI looks good as China is rallying

        We have printed the +3/+5 but can be a +7/+10

         

        Plan your trade, trade your plan!

        #22009
        Qman
        Participant

          Popping – now +7

          #22010
          Qman
          Participant

            With the DDUD, KTB and a multitude of +3’s my initial thought was a drop then pop?

            #22011
            Khalsa
            Moderator

              I think Q it is because I am assuming that were still have not downside left.

              On that basis pop and drop.

              I need to start doing the levels again now we have some normality back. I will post some later when I am in front of my screens. Checking in from bed for now

               

              Plan your trade, trade your plan!

              #22012
              Qman
              Participant

                Get to sleep – only 10pm here in Barbados……

                #22013
                Qman
                Participant

                  Just noticed the pad time is not updated to BST if you’re still awake

                  #22014
                  Khalsa
                  Moderator

                    Wow really. Lucky you. Yet to plan our summer holiday this year but the favourite is another cruise.

                    Thanks for the heads up on the time. Will change it now

                    Plan your trade, trade your plan!

                    #22016
                    Khalsa
                    Moderator

                      All done Q. Goodnight buddy

                      Plan your trade, trade your plan!

                      #22017
                      Qman
                      Participant

                        +10 prints
                        Don’t plan to cruise the Caribbean in the summer months. Feb / March it’s just perfect.

                        #22018
                        Khalsa
                        Moderator

                          We closed below the 10 DMA on SPX yesterday. It may try to regain it.

                          If it does not, then that is one of the clues I wanted

                          Plan your trade, trade your plan!

                          #22019
                          Khalsa
                          Moderator

                            Also interesting is DDUD season has started. Today is DAY1.

                            Plan your trade, trade your plan!

                            #22020
                            Zarif
                            Participant

                              Good Morning , Salaams , Sat Sri akal JI Captain and all.

                              Just watching Markets and getting back in sync with things – have missed you all a lot.

                              Will Hopefully be at screens and participating “more” now  with all

                               

                              Good Luck to us all

                               

                              rgds

                              Zarif

                              Small droplets of rain turn into Rivers, Streams and Mighty Oceans

                              #22022
                              Khalsa
                              Moderator

                                Hey Zarif, great to have you back after your extended break.

                                Trust all is well with you?

                                Plan your trade, trade your plan!

                                #22024
                                Zarif
                                Participant

                                  Captain  Pal  – All Good and getting back to some Normality

                                  PAPA Much better now so can relax and back screens etc

                                   

                                   

                                  Small droplets of rain turn into Rivers, Streams and Mighty Oceans

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