FRIDAY 26/05/2017 SYSTEMS & INTRADAY

[Khalsa]

SYSTEMS FOR FRIDAY 26TH MAY 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 KTB2 triggered at close on 17/04/2017.
It is now negated after DAY14.

KTS
We have a KTS triggered at close on 22/05/2017.
TODAY IS DAY4.

SYSTEM BDIP
We have a BDIP triggered at close on 19/05/2017.
It is now negated after DAY4.

DAY1… We got a low of -3.25.
DAY2… We got a low of -6.00.
DAY3… We got the low of 3.25.
DAY4… We got a low of +0.50.

We have a BORDERLINE BDIP triggered at close on 15/05/2017.
It is now negated after DAY4.

DAY1… We got a low of -4.75.
DAY2… We got a low of -43.00.
DAY3… We got a low of -13.00.
DAY4… We got a low of -2.50.

We have a BDIP triggered at close on 10/05/2017.
It is now negated after DAY4.

DAY1… We got a low of -16.25.
DAY2… We got a low of -6.75.
DAY3… We got a low of -0.75.
DAY4… We got a low of -4.75.

SYSTEMS TRIGGERED

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

ES4B

ES17
UPSIDE UNSUSTAINABLE AND ONLY CLOSED > +5 TWICE

ES91

ES96B

SYSTEM 130
ANY GAP UP OPEN SHOULD BE FILLED

SPX4A

SPX10F

SPX96B

Spoos closed at 2413.50 (basis Jun)

K+3 = 2416.50

K-3 = 2410.50

Conclusion

We have NO KHC SYSTEMS in play. Any GAP UP open should fill the same day as per SYSTEM 130.

We have a KTS DAY4 in play.

Plan your trade, trade your plan!

[Khalsa]

Wll the dipsters once again buy it back up?

We just printed a -5.

I was sadly too early yesterday with the 2409 short and just breaking even now.

However I am not going to put limits on this one for now. 2403 should be a target later so lets see.

Sadly yet again we are back to crooksday and then WNER cycle.

Plan your trade, trade your plan!

[Khalsa]

FTSE really is resilient and I wonder if a good down day on that maybe a clue to a CIT?

Plan your trade, trade your plan!

[Khalsa]

FTSE went nuts up.

ES did a -5.50 low and that was the low.

back to square1 yet again.

crook sandwich levels are 2410.75 to 2417.75.

One thing I am not understanding is SIlver / Gold look to be back in an uptrend yet Indices are making new highs.

It remains completely dysfunctional.

Plan your trade, trade your plan!

[Khalsa]

Opening gap down filled, but that also means nothing nowadays. Before one could short it here if they felt it was weak.

Plan your trade, trade your plan!

[Khalsa]

Khalsa wrote:

FTSE went nuts up. ES did a -5.50 low and that was the low. back to square1 yet again. crook sandwich levels are 2410.75 to 2417.75. One thing I am not understanding is SIlver / Gold look to be back in an uptrend yet Indices are making new highs. It remains completely dysfunctional.

Sadly totally within crook sandwich still. Alot now depends on where we close but with WNER on Monday nothing to do sadly

Plan your trade, trade your plan!

[Khalsa]

Ultimate joke. What a complete waste of time range.

Really really infuriating now.

Have a great weekend all.

Plan your trade, trade your plan!

[Author]

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