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SYSTEMS FOR FRIDAY 4TH NOVEMBER 2016
Hi all,
Recap ….
Intraday wise …. I banked 0 points in spoos today.
I have 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 15/09/2016.
It is now negated after DAY18.KTS
We have a KTS5 triggered at close on 02/11/2016.
TODAY IS DAY2.SYSTEM BDIP
We have a BDIP triggered at close on 27/10/2016.
It is now negated after DAY4.DAY1… We got a low of -11.00.
DAY2… We got a low of -9.00.
DAY3… We got a low of -29.00.
DAY4… We got a low of -20.50.We have a BDIP triggered at close on 26/10/2016.
It is now negated after DAY4.DAY1… We got a low of -11.25.
DAY2… We got a low of -11.00.
DAY3… We got a low of -9.00.
DAY4… We got low of -29.00.DDUD
We have a DDUD triggered at close on 01/11/2016.
TODAY IS DAY3.SYSTEMS TRIGGERED
ESH2 NEXT DAY (KHC+3)
USUALLY GIVES +3SYSTEM 81A ND (KHC+5)
CAN BE A DDUD PRINT ALSOESA7 (KHC+5)
ESH3 (KHC+5)
CAN GIVE +3,+5,+7,+10. HOWEVER FAILURE TO PRINT +3 USUALLY RESULTS IN DOUBLE DIGIT DOWN DAY. DOES NOT USUALLY CLOSE AT HIGHS BUT CAN CLOSE POSITIVEES13A (KHC+5)
SHOULD GIVE A +3/+5. GOOD CHANCE OF A POSITIVE CLOSE. CAN GIVE A GOOD NEGATIVE PRINT ALSO INTRADAY.SYSTEM 70 (KHC +3)
USUALLY GIVES +3SYSTEM 72 (KHC +3)
SHOULD GET +3,+5 POSSIBLY MORE. DOWNSIDE USUALLY LIMITED TO -5.ES101 (KHC+3)
SHOULD GET A +3 /+5SYSTEM SPXH1
CAN GIVE +3,+5,+7 WITH A POSITIVE CLOSE. THE CLUE IS NOT TRADING MUCH NEGATIVE RTHSpoos closed at 2084 (basis Dec)
K+3 = 2087
K-3 = 2081
Conclusion
We have 4 KHC+3 & 4 KHC+5 SYSTEMS in play.
We also have a DDUD DAY3 & KTS5 DAY2 in play.
Plan your trade, trade your plan!
Its going to be all about NFP’s today. The downside remains orderly with none of the usual characteristics of a severe downtrend. Ie. Crookshour selling, gap down and and SD, etc.
Infact there is no open gap down in recently.
Plan your trade, trade your plan!
NFP’s were good so that means interest rates have to go up in December. I expect that whatever the case.
Today’s up to me is just a “reset” / crooksday.
I cannot see upside lasting. As long as my 2100 old target now is resistance, we have much lower to go.
Its hit the 2077 target ish (2079 low). Below that the fall will be steeper imo.
I did not get to close any shorts as I expect lower and will run.
Plan your trade, trade your plan!
The catch now is as follows.
Ideally I want to close some shorts if we go down into close today, before WNER
However any news / opinion poll can come out over the weekend to put TRUMP ahead in the polls. ALso we could get election jitters right into Wednesday.
I really am tempted to run all short into next week but as I say will close a few if we fall into close today.
Plan your trade, trade your plan!
What continues to amaze me (even though I am heavy in profit) is Bonds.
How can they be up today given the good NFP’s that suggest rates will go up?
ALl my knowledge of economics is out of the window since this crap stopped being a free market.
Plan your trade, trade your plan!
Right I decided to keep my shorts as I really feel that jitters should remain infront of the US elections on Tuesday night.
I am hoping for a good gap down open on Sunday night. If I get that, it will be my trigger to start closing shorts.
This could well be the start of something much bigger but if Hilary gets in I see a sizeable relief rally and I cannot take that risk losing all the profits I have on the table.
Plan your trade, trade your plan!
Also big down moves can come from an oversold position.
We are definitely very oversold currently.
I just have a feeling that crooks have been selling rallies and will create a good low to get out. The best way to do that is to engineer crooked polls over the weekend that put Trump in the lead and then wham the market opens gap down on Sunday night.
Lets see.
Plan your trade, trade your plan!
Completely unbelievable, the FBI has come out and said all is well with Hilary.
What a complete joke.
a) Why would they come out on a Sunday just a few hours before market open?
b) How the hell did they get through 650, 000 or so emails in a week?
Plan your trade, trade your plan!
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