SYSTEMS FOR MONDAY 5TH JUNE 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 DAY9.
SYSTEM BDIP
None in play.
SYSTEMS TRIGGERED
ESL1 NEXT DAY
GOOD CHANCE OF A -3
ESL2
USUALLY GIVES -4/-7
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.
ES8B
ES10
DOJI DAY WITHIN A 8 POINT RANGE AND TOWARDS -VE BIAS. ANY GAP UP OPEN SHOULD FILL THE SAME DAY.
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
SPX7B
Spoos closed at 2437.75 (basis Jun)
K+3 = 2440.75
K-3 = 2434.75
Conclusion
We have NO KHC SYSTEMS in play.
We have a KTS DAY9 in play.
Plan your trade, trade your plan!