FRIDAY 09/06/2017 SYSTEMS & INTRADAY

Welcome to the new Khalsaspad Forums Subscribers Forums Subscribers Daily Threads FRIDAY 09/06/2017 SYSTEMS & INTRADAY

Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • #25452
    Khalsa
    Moderator
      • Topics 1069
      • Replies 11585
      • Total 12654

      SYSTEMS FOR FRIDAY 9TH 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 KTB triggered at close on 05/06/2017.
      TODAY IS DAY4.

      KTS
      We have a KTS triggered at close on 22/05/2017.
      It is now negated after DAY9.

      SYSTEM BDIP
      We have a BDIP triggered at close on 05/06/2017.
      TODAY IS DAY4.

      DAY1… We got a low of -8.25.
      DAY2… We got a low of -6.75.
      DAY3… We got a low of -4.75.
      DAY4…

      SYSTEMS TRIGGERED

      SYSTEM 73

      Spoos closed at 2432.50 (basis Jun)

      K+3 = 2435.50

      K-3 = 2429.50

      Conclusion

      We have NO KHC SYSTEMS in play.

      We have a KTB DAY4 & a BDIP DAY4 in play.

      Plan your trade, trade your plan!

      #25454
      Khalsa
      Moderator
        • Topics 1069
        • Replies 11585
        • Total 12654

        Really lovely pop and drop. Hopefully this is the retrace I am looking for here.

        However the risk is that it could just be the “sharp down” before expiry.

        We have had plenty of these one day wonders and until supports break, we will never know.

        Over to Crookshour next.

        Plan your trade, trade your plan!

        #25455
        Khalsa
        Moderator
          • Topics 1069
          • Replies 11585
          • Total 12654

          Can we close below the 10 DMA on SPX today? Would love it if so.

          Plan your trade, trade your plan!

          #25456
          Khalsa
          Moderator
            • Topics 1069
            • Replies 11585
            • Total 12654

            We spiked beautifully below the 10 DMA but closed above.

            This definitely looks like the beginning of the end to me.

            Massive doji candle on the daily SPX. We bounced from area’s on all indices that has saved the day on Friday.

            I think it shows now there are sellers (admittedly there are still dipsters too) and once sellers persist in selling we get that turn.

            Really keen on seeing this week as I think we will know now. Albeit its crooks quad oe and fed this week. aaarrrggghh

             

             

            Plan your trade, trade your plan!

          Viewing 4 posts - 1 through 4 (of 4 total)
          • You must be logged in to reply to this topic.