FRIDAY 18/08/2017 SYSTEMS & INTRADAY

[Khalsa]

SYSTEMS FOR FRIDAY 18TH AUGUST 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 11/08/2017.
TODAY IS DAY5.

SYSTEM BDIP
We have a BDIP triggered at close on 25/07/2017.
It is now negated after DAY4.

DAY1… We got a low of -2.75.
DAY2… We got a low of -16.25.
DAY3… We got a low of -10.50.
DAY4… We got a low of -5.00.

SYSTEMS TRIGGERED

SYSTEM ESA (KHC+3)
SHOULD GET +3/+5/+7, HOWEVER IT CAN BE AFTER A DRAWDOWN, CLUE IS TRADING > +2.

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

ES5
SHOULD GET +3,+5 BUT RARELY CLOSES AT HIGHS

ES 5B
CAN GIVE UPTO +5 & -5. INITIAL DIRECTION IS USUALLY A FADE.

ES 5C (KHC+3)
USUALLY GIVE A +3 AND CLOSES POSITIVE. RARELY CLOSES AT LOWS

SYSTEM ES8 (KHC+3)
MORE CHANCE OF UPSIDE THAN DOWNSIDE. USUALLY GIVES A +3.

SYSTEM 70 (KHC +3)
USUALLY GIVES +3

SYSTEM 81 (KHC+3)
USUALLY GIVES +3,+5

SYSTEM SPXH1
CAN GIVE +3,+5,+7 WITH A POSITIVE CLOSE. THE CLUE IS NOT TRADING MUCH NEGATIVE RTH

SYSTEM SPX5A (KHC+3)
CAN GIVE +3/+5/+7 , DOWNSIDE USUALLY CONTAINED TO -5 MAX

SYSTEM SPX5C (KHC+3)
NORMALLY GETS +3 AND CAN GET +5, CAN BE A TRENDING SYSTEM.

SPX 5E
CAN GIVE +3,+5,+7,+10. ALSO GOOD CHANCE OF A POSITIVE CLOSE. HOWEVER IF IT REVERSES AND GOES NEGATIVE, THEN CAN BE A DDDD

Spoos closed at 2430 (basis Sep)

K+3 = 2433

K-3 = 2427

Conclusion

We have 7 KHC+3 SYSTEMS in play for today.

We have a KTS DAY5 in play.

Plan your trade, trade your plan!

[MAURITIUS]

Is there not some expiry going on tomorrow?

pop n drop..?

We have not had a monster down day in ages… tomorrow it will be … -3 or -5% …. roar!!!!

[Khalsa]

Khalsa wrote:

I like the KHC-4 system but ESG/SPXG seems to suggest that yesterday was a rest day and today we continue up. If so we are going back to highs. Nothing else really supports that but we all know the market this year has made no sense and it seems to just go up for little technical reasons and as if someone is just clicking the BUY button on every dip. The only day the market seems to go down is Thursday so maybe we have to wait for tomorrow for downside. I cant wait for a genuine market to start again

Once again Thursday was down and this time spectacular.

I still feel we should be nearer 2400 as a first stop.

For now I continue to run shorts.

Plan your trade, trade your plan!

[Khalsa]

Yes Dan it’s a monthly OE day.

Not sure though if pop and drop or sideways up today and Monday. Ie crooksday and WNER. Either way bounce or not, I feel 240x is next.

Plan your trade, trade your plan!

[Author]

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