FRIDAY 17/11/2017 SYSTEMS & INTRADAY

[Khalsa]

SYSTEMS FOR FRIDAY 17TH 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 14/11/2017.
TODAY IS DAY3.

SYSTEM BDIP
NONE IN PLAY.

SYSTEMS TRIGGERED

ESH1 NEXT DAY (KHC+3)
USUALLY GIVES +3, IF IT GAPS DOWN THEN IT CAN GIVE A DDDD AND THEN BOUNCE AND MAKES A +3 LESS LIKELY.

ESL3 ND (KHC-5)
SHOULD GIVE A -3

ES 5C NEXT DAY (KHC+3)
SHOULD GIVE 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

ESL4
WHICHEVER WAY IT TRENDS IT CAN GIVE AN INTRADAY PRINT <-10 OR >+10

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

SPX4A

Spoos closed at 2585 (basis Dec)

K+3 = 2588

K-3 = 2582

Conclusion

We have 2 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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