FRIDAY 12/05/2017 SYSTEMS & INTRADAY

[Khalsa]

SYSTEMS FOR FRIDAY 12TH 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
We have a KTS2 triggered at close on 11/05/2017.
TODAY IS DAY1.

SYSTEM BDIP
We have a BDIP triggered at close on 10/05/2017.
TODAY IS DAY2.

DAY1… We got a low of -16.25.
DAY2…
DAY3…
DAY4…

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

ES4 (KHC+3)

ES16A

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 2391 (basis Jun)

K+3 = 2394

K-3 = 2388

Conclusion

We have 1 KHC+3 SYSTEMS in play.

We have a BDIP DAY2 & KTS2 DAY1 in play.

Plan your trade, trade your plan!

[Khalsa]

The good news is that we have a KTS and BDIP combo.

The bad news is we are in that cycle if crooksday today and WNER Monday.

With that combo, I would have definitely shorted. This is a quandary for me now.

If I get a good short today I will short basis systems and the plan.

 

Plan your trade, trade your plan!

[Khalsa]

What a complete waste of time yet again.

What is one supposed to do with a day like today.

and now in crookshour into the close it wants to go up which means I will not be able to short as it will run out of time to come down today and then next trading day is WNER.

Well if it goes up Monday with WNER and KTS and BDIP remain on, then I can short.

 

 

Plan your trade, trade your plan!

[Author]

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