FRIDAY 10/11/2017 SYSTEMS & INTRADAY

[Khalsa]

SYSTEMS FOR FRIDAY 10TH NOVEMBER 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.
It is now negated after DAY7.

KTS
We have a NEW KTS triggered at close on 08/11/2017.
TODAY IS DAY3.

SYSTEM BDIP
NONE IN PLAY.

SYSTEMS TRIGGERED

ESL1 NEXT DAY
GOOD CHANCE OF A -3

SYSTEM ESE
GET +3 AND -3 BOTH. CAN BE A TRENDING DAY ONCE WE TRADE >+4 OR < -4 AND CLOSE POSITIVE OR NEGATIVE RESPECTIVELY

SYSTEM ESH1
MORE CHANCE OF UPSIDE THAN DOWNSIDE, USUALLY TRADE -VE AT SOME POINT, NORMALLY GET +3, IF NO +3 THEN RARELY CLOSES AT LOWS, DOWNSIDE UNSUSTAINABLE. CHANCES OF +5, +7 ALSO. ALSO THE CLOSE CAN BE VERY ERRATIC. AFTER THIS SYSTEM THERE IS ANOTHER CHANCE OF A +3 THE NEXT DAY

ESH10
CHANCE OF +3/+5, IF IT GOES FOR LOWS IT SHOULD NOT CLOSE AT LOWS. HOWEVER COULD BE A VERY BIG RANGE DAY.

ESL2
USUALLY GIVES -4/-7

SYSTEM 70 (KHC +3)
USUALLY GIVES +3

SYSTEM 81A (KHC-5)
USUALLY GIVES A BIG NEGATIVE PRINT AND CLOSES NEGATIVE, BUT IT CAN BE VIA A +3/+5

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 SPX6A
USUALLY GIVES +3/+5. BUT DOES NOT ALWAYS CLOSE POSITIVE.

Spoos closed at 2583.5 (basis Dec)

K+3 = 2586.50

K-3 = 2580.50

Conclusion

We have 1 KHC+3 & 1 KHC-5 SYSTEMS in play for today.

We also had a KTS DAY3 in play.

Plan your trade, trade your plan!

[Author]

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