FRIDAY 02/06/2017 SYSTEMS & INTRADAY

[Khalsa]

SYSTEMS FOR FRIDAY 2ND JUNE 2017

Hi all,

Recap ….

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

I have 1 short FTSE, 1 long in Gold, 1 long in Silver, 1 short on Dow, 10 shorts in spoos & 2 swing positions in spoos open.

Onto today …

KP
None in play.

KTB
We have a KTB2 triggered at close on 17/04/2017.
It is now negated after DAY14.

KTS
We have a KTS triggered at close on 22/05/2017.
TODAY IS DAY8.

SYSTEM BDIP
None in play.

SYSTEMS TRIGGERED

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

SYSTEM ES3
SHOULD GET -3. UPSIDE AND DOWNSIDE UNSUSTAINABLE. LOWS TRADED SHOULD BE LOWER THAN HIGH TRADED, SHOULD NOT CLOSE AT HIGHS, IF WE TRADE < -3 CHANCE OF -7, -10.

SYSTEM ES7
POSSIBLE DOJI DAY, CAN BE WHIPPY AND UNTRADEABLE, ANY GAP UP OPEN SHOULD FILL THE SAME DAY. ITS NOT A SU MARKET AND RARELY MAKES MUCH PROGRESS.

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

SYSTEM 70 (KHC +3)
USUALLY GIVES +3

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 SPX1 (KHC-3)
LITTLE UPSIDE MORE DOWNSIDE. IN THE 18 TIMES THIS HAS TRIGGERED, WE HAVE ONLY TRADED TWICE SPX >+4 AND THEY WERE THE ONLY POSITIVE CLOSES. NORMALLY GAP DOWN ON SPX, NO GAP FILL AND CLOSE NEGATIVE.

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

SPX4A

SYSTEM SPX5D (KHC-3)
USUALLY DO NOT GET MUCH POSITIVE, BUT CAN BE A VERY NEGATIVE PRINT. CAN EXPECT -5,-7,-10.

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

Spoos closed at 2429.75 (basis Jun)

K+3 = 2432.75

K-3 = 2426.75

Conclusion

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

We have a KTS DAY8 in play.

Plan your trade, trade your plan!

[Khalsa]

Loads of SYSTEMS, nothing really substantive apart from ES3 and ES7 combo which which says gap fill.

Gap fill = dip = dipsters = buy’em.

Today we have non farm payrolls

Short 2435. Limits in to close 2430.

Really horrible trading, but this is an easy 5 points so I will take it.

I reckon limits in for 7 /10 points could work too, but GREED KILLS

Plan your trade, trade your plan!

[Khalsa]

On top of the usual Crooksday, it’s NFP’s also today.

They love good and bad numbers, so what to do?

Plan your trade, trade your plan!

[Khalsa]

Khalsa wrote:

Loads of SYSTEMS, nothing really substantive apart from ES3 and ES7 combo which which says gap fill. Gap fill = dip = dipsters = buy’em. Today we have non farm payrolls Short 2435. Limits in to close 2430. Really horrible trading, but this is an easy 5 points so I will take it. I reckon limits in for 7 /10 points could work too, but GREED KILLS

5 points banked and could have been 8 points.

Don’t really case as ES3/ES7 combo gave me the set bias and I just traded it for the minimum and am 5 points better off.

AFter the low they managed to rally it 13 points to the high

Plan your trade, trade your plan!

[Author]

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