FRIDAY 18/11/2016 SYSTEMS & INTRADAY

[Khalsa]

SYSTEMS FOR FRIDAY 18TH NOVEMBER 2016

Hi all,

Recap ….

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

I have 1 short on Dow, 6 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.
It is now negated after DAY18.

KTS
We have a NEW KTS triggered at close on 16/11/2016.
TODAY IS DAY2.

SYSTEM BDIP
We have a BDIP triggered at close on 14/11/2016.
TODAY IS DAY4.

DAY1… We got a low of -2.50.
DAY2… We got a low of -10.50.
DAY3… We got a low of -1.00.
DAY4…

 

 

 

DDUD
We have a DDUD triggered at close on 01/11/2016.
TODAY IS DAY12.

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.

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

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 ES3
SHOULD GET -3. UPSIDE AND DOWNSIDE UNSUSTAINABLE. LOWS TRADED SHOULD BE LOWER THAN HIGH TRADED, SHOULD NOT CLOSE AT HIGHS, IF WE TRADE < -3 CHANCE OF -7, -10.

SYSTEM ES7
POSSIBLE DOJI DAY, CAN BE WHIPPY AND UNTRADEABLE, ANY GAP UP OPEN SHOULD FILL THE SAME DAY. ITS NOT A SU MARKET AND RARELY MAKES MUCH PROGRESS.

ES8A
SHOULD GET+3 AND A -3. DOES NOT ALWAYS CLOSE AT LOWS

ES90
DOWNSIDE SHOULD BE MORE THAN UPSIDE. USUALLY PRINTS LITTLE POSITIVE AND NEGATIVE CAN BE -5, -7. HIGHS SHOULD BE CONTAINED WITHIN +6 AND GOOD CHANCE OF A NEGATIVE CLOSE.

SYSTEM 131 (KHC-3)
SHOULD GET A -3/-4

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 SPX3
SHOULD GET -3/-5. IF SPX TRADES < +3 HIGH THEN CHANCE OF TRENDING DOWN

SYSTEM SPX7B

Spoos closed at 2184.25 (basis Dec)

K+3 = 2187.25

K-3 = 2181.25

Conclusion

We have 1 KHC+3 & 1 KHC-3 SYSTEMS in play. Any gap up open should fill the same day as per SYSTEM ES3 & ES7.

We also have a BDIP DAY4, DDUD DAY13 & KTS DAY2 in play.

Plan your trade, trade your plan!

[Khalsa]

Same old, same old MAD MODE remains since the TRUMP low and rally.

Jigsaw is completing and we hit 2185.50 at the high yesterday vs circa 2200 target.

I cant say we are ready to fall yet, but it can come out of the blue again and I need to be prepared for that.

Happy to keep adding shorts into strength and will do so later.

Plan your trade, trade your plan!

[smashie212]

Kman

Still got your bond short ? Can’t see any mention in the systems posts update.

Just thinking the rout is hitting an extreme, investor sentiment is next to zero, worth a punt as a contra trade ?

cheers

[Khalsa]

I have about 1/4 of the position still left. You will remember I kept going on about my bonds short and the confidence I had about it being in a bubble. It was my biggest short in recent years.

Personally I think Bonds have entered a long term bear market. I will not be longing the bounces but instead shorting rallies.

I have my eyes on Soyabeans, silver and gold for a position long again.

 

 

Plan your trade, trade your plan!

[Khalsa]

Added another short yesterday as per above plan at 2183.25.

Will keep adding on DDUD type spikes.

Plan your trade, trade your plan!

[Qman]

I’ve been tempted to long Gold a couple of times as it continues down – do you have a target for a long entry Kman?

[Khalsa]

Qman wrote:

I’ve been tempted to long Gold a couple of times as it continues down – do you have a target for a long entry Kman?

1180-1200 Q. It got to 1202 last week but sadly I missed it.

So I will start scaling in on weakness now.

Silver wise really it was 1680-1700, so we are lower.

Soybeans was 980-990. Again I missed the low on Friday

My eyes are on all three and I will take them for longs.

 

Plan your trade, trade your plan!

[Author]

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