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Thanks Jim, yes eventually when it goes after its done playing with SPX 1900.
Indeed the old Pad is all archived.
Here you go.
http://www.khalsaspad.com/old/index.php?name=forums
Plan your trade, trade your plan!
JM …. Trading is very slow currently as this is not a market that one can scalp 3 pointers on anymore currently.
I changed the style sometime back to 10 pointer trades and that was great
Then it became 5 pointers and that worked super.
Now we are back to the waiting game for a make or break.
Yesterday after a long time the SYSTEMS failed. We had a KHC-5 and it failed to print.
Today we printed todays KHC-4 and yesterdays KHC-5 target, so atleast when SYSTEMS fail, it reacts.
I have been expecting a spike > SPX 1900 last few weeks and yesterday we got it.
Was that the high though? It looks like turning but nothing convincing yet apart from the SYSTEMS are triggering a KTS now and a BDIP which when they combo, means a turn is close.
Lets see my friend.
Hope trading is good for you.
Plan your trade, trade your plan!
Hard to say exactly Cim, but I feel there maybe 1 more leg up left.
We are close to a multi month correction imo or atleast another 70-130 point fall, but the possibility of another one last thrust up seems plausible.
A test of the 200 DMA on SPX is whistling imo
I posted this on 5th of May jm, last Monday. I am hoping this is the “1 more leg up left”.
Plan your trade, trade your plan!
Once OE is done and with stock markets at peaks
we should see the sell in May, imho.Also with QE tapering and rate hikes next year
we should see a move away from stocks and back
into bonds.The tree may have to be shaken by some event
to get thngs falling though.Never give up, never surrender.
I have been expecting a spike > SPX 1900 last few weeks and yesterday we got it.
Was that the high though? It looks like turning but nothing convincing yet apart from the SYSTEMS are triggering a KTS now and a BDIP which when they combo, means a turn is close.
Really amazing that the BDIP / KTS combo caught this fall to the day.
So in answer JM to your question, indeed SYSTEMS doing just fine lol
Plan your trade, trade your plan!
Ftse did not take a US like drop yesterday 🙁
However, I did close the 6875 & 6800 shorts for a combined b/e.
These two Ftse shorts have now been reopened at 6850
I await OE with no further plans to trade until nextweek.
Never give up, never surrender.
I think US dip buyers must have got a rare
thumping on thursdays open and sell off.Never give up, never surrender.
hey JM good tohear from u… i am short slightly lower and short euro for second half of year as timescale for euro
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