FRIDAY 16/09/2016 SYSTEMS & INTRADAY

[Khalsa]

SYSTEMS FOR FRIDAY 16TH SEPTEMBER 2016

Hi all,

Recap ….

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

I have 1 short in Silver, 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 15/09/2016.
TODAY IS DAY1.

KTS
We have a KTS5 triggered at close on 09/09/2016.
It is now negated after DAY4.

SYSTEM BDIP
We have a BDIP triggered at close on 12/09/2016.
TODAY IS DAY4.

DAY1… We got a low of -39.75.
DAY2… We got a low of -10.25.
DAY3… We got a low of -5.50.
DAY4…

DDUD
We have a DDUD triggered at close on 14/09/2016.
TODAY IS DAY2.

SYSTEMS TRIGGERED

ESH2 NEXT DAY (KHC+3)
USUALLY GIVES +3

SYSTEM ESF
CAN BE A TRENDING DAY. IF NO +3 AND THEN IT TRADES <-4, IT CAN THEN TREND DOWN. LIKEWISE IF NO -3 AND THEN IT TRADES >+4, IT CAN THEN TREND UP.

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

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

Spoos closed at 2138 (basis Dec)

K+3 = 2141

K-3 = 2135

Conclusion

We have 1 KHC+3 SYSTEM in play.

We have a KTB2 DAY1, DDUD DAY2 & BDIP DAY4 in play.

Plan your trade, trade your plan!

[Khalsa]

We are finally here at the crooks quad OE.

It is interesting as we are down from the peak despite a 24 point rally attempt the day before.

I was thinking about going long into expiry but it was 50/50 for me this year with my comment about last Thursday being a high (which it is still).

I remain happier short.

I can see the KTB trigger and yes its a worry but it could be a false one just for OE.

Next week is the real deal with FED and BoJ.

Plan your trade, trade your plan!

[Khalsa]

So far so good, re: possible KTB failure.

NO GFS also, but I cannot trust GFS on a crooks quad oe day.

 

 

Plan your trade, trade your plan!

[Author]

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