FRIDAY 05/05/2017 SYSTEMS & INTRADAY

[Khalsa]

SYSTEMS FOR FRIDAY 5TH MAY 2017

Hi all,

Recap ….

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

I have 1 long in Gold, 1 long in Silver, 1 short on Dow, 9 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.
TODAY IS DAY14.

KTS
NONE IN PLAY.

SYSTEM BDIP
We have a BDIP triggered at close on 17/04/2017.
It is now negated after DAY4.

DAY1… We got a low of -13.75.
DAY2… We got a low of -6.00.
DAY3… We got a low of -1.25.
DAY4… We got a low of -11.00.

SYSTEMS TRIGGERED

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

Spoos closed at 2385.75 (basis Jun)

K+3 = 2388.75

K-3 = 2382.75

Conclusion

We have NO KHC SYSTEMS in play.

We have a KTB2 DAY14 in play.

Plan your trade, trade your plan!

[Khalsa]

SYSTEMS are drying up.

Still no sign of a new downturn.

Every dip remains bought back up.

French elections this weekend.

FOr now its at that point where it could go either way. Sadly without sustained weakness and sells into close, the pressure remains up.

I am not comfortable adding to shorts here having had good profits in a few only to see it all erode with this latest move up.

Finspreads have increased Margins for the election weekend so my position trades have required a massive injection of capital today for margin to keep them in.

Its all so mixed. TICK is weak and TRIN is turning up which is good for bears.

However VIX/VXN remain down and all the indices are making new highs and above all EMA’s / DMA’s

 

Plan your trade, trade your plan!

[Khalsa]

Yet again crooksday is up and crookshour is a burst up to close at highs.

I cannot see how 2400 will stop it this time and it looks poised to break up if Macron wins the french election.

I will study over the weekend to see where a breakout will lead to.

 

 

Plan your trade, trade your plan!

[Khalsa]

Hi all,

I tried posting today’s systems but seems to be some problem and it’s not appearing as a new post so I am going to post it in the next post below.

Navnit

 

 

Plan your trade, trade your plan!

[Khalsa]

SYSTEMS FOR MONDAY 8TH MAY 2017

Hi all,

Recap ….

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

I have 1 long in Gold, 1 long in Silver, 1 short on Dow, 9 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
NONE IN PLAY.

SYSTEM BDIP
We have a BDIP triggered at close on 17/04/2017.
It is now negated after DAY4.

DAY1… We got a low of -13.75.
DAY2… We got a low of -6.00.
DAY3… We got a low of -1.25.
DAY4… We got a low of -11.00.

SYSTEMS TRIGGERED

ESL1 NEXT DAY
GOOD CHANCE OF A -3

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

ESL2
USUALLY GIVES -4/-7

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

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.

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

Spoos closed at 2397.75 (basis Jun)

K+3 = 2400.75

K-3 = 2394.75

Conclusion

We have 2 KHC-3 SYSTEMS in play.

Plan your trade, trade your plan!

[Author]

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