FRIDAY 01/07/2016 SYSTEMS & INTRADAY

[Khalsa]

SYSTEMS FOR FRIDAY 1ST JULY 2016

Hi all,

Recap ….

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

I have 1 short in Silver, 4 shorts in spoos & 2 swing positions in spoos open.

Onto today …

KP
None in play.

KTB
We have a KTB2 triggered at close on 28/06/2016.
TODAY IS DAY3.

KTS
We are on trigger for a new KTS.

SYSTEM BDIP
None in play.

DDUD
We have a DDUD triggered at close on 21/06/2016.
TODAY IS DAY8.

SYSTEMS TRIGGERED

ESL2 NEXT DAY (KHC-4)
GIVES -4/ -7

ESHB

ESL3 (KHC-5)
SHOULD GET A GOOD NEGATIVE PRINT . DOES NOT ALWAYS CLOSE AT LOWS.

ES8C

SYSTEM 70 (KHC +3)
USUALLY GIVES +3

SYSTEM 72 (KHC +3)
SHOULD GET +3,+5 POSSIBLY MORE. DOWNSIDE USUALLY LIMITED TO -5.

ES96
UPSIDE USUALLY CONTAINED TO A +3, ANYMORE IS UNSUSTAINABLE, USUALLY GIVES -3 AS A MINIMUM

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

SYSTEM SPX3
SHOULD GET -3/-5. IF SPX TRADES < +3 HIGH THEN CHANCE OF TRENDING DOWN

SPX 7B

SPX 10A
Does not close near highs or lows

SYSTEM SPX11
MORE CHANCE OF DOWNSIDE THAN UPSIDE. GOOD CHANCE OF -5,-7,-10. HIGH IS USUALLY CONTAINED WITHIN +4

SPX96 (KHC-3)
MORE DOWNSIDE THAN UPSIDE, NORMALLY GIVES A MINIMUM OF -3 BUT OFTEN GIVES -5,-7, GOOD CHANCE OF -VE CLOSE, CHANCE OF A GAP DOWN OPEN, THEN TRENDING DOWN DAY, UPSIDE NOT VERY SUSTAINABLE ,NEVER CLOSED > 6.38 AND THAT WAS AN EXCEPTION.

 

Spoos closed at 2090.25 (basis Sep)

K+3 = 2093.25

K-3 = 2087.25

Conclusion

We have 2 KHC+3, 1 KHC-3, 1 KHC-4 & 1 KHC-5 SYSTEMS in play.

We have a KTB2 DAY3 & DDUD DAY8 in play.

Plan your trade, trade your plan!

[MAURITIUS]

Some nice khc negatives….

[MAURITIUS]

Oi you mustards….

post in this thread….

very pleased with gold and silver since brexit. Gold looks like it could target 1400 reasonabley soon.

spoos is annoying me mind. Can’t believe it is nearly 2100 again! Unreal! Still I get the feeling it doesn’t take out all time highs.

Oscar was saying the only time he remembers gold and silver doing what they are doing now was

a) in the months preceding 1987 crash and

b) 2007/8 before the largest recession since the great depression.

food for thought…

[Khalsa]

Added to shorts at 2096. I did have 2100 earlier, but missed it

Plan your trade, trade your plan!

[smashie212]

Waht a

Khalsa wrote:

Added to shorts at 2096. I did have 2100 earlier, but missed it

What do you think of oil ?

[MAURITIUS]

Good evening precious metal loving mustards!!

Silver came within a whisker of 20.00. I think it gets to 22 zone next week. Lets see.

spoos is a thorn but still don’t see new highs there. Fingers, arms, legs crossed. 🙂

I am 100 out on a cac short but happy to hold for now. I am gobsmacked ftse has finished this week over 6600. Total nuts.

Have a great weekend all. Our family should number 4 not 3 by the time monday comes round! 🙂

Dan.

[Khalsa]

smashie212 wrote:

Waht a

Khalsa wrote:

Added to shorts at 2096. I did have 2100 earlier, but missed it

What do you think of oil ?

Looking deadly with the strong dollar. I have not added back on the shorts yet.

Maybe it wants $53/$55 before a move down again?

Next week is a whole new week and I think we are topping on the Indices here and then all can reverse again.

Plan your trade, trade your plan!

[Author]

Posts