MONDAY 11/01/16 SYSTEMS AND INTRADAY

[MAURITIUS]

Lows of last night. Plus 17 to -17 and I have done nothing…. Grrrrr

[Qman]

Alcoa after the bell to kick off earnings. Start the rally or give us a really scary low?

[MAURITIUS]

BTFD

[Khalsa]

Having missed the low in the night just had limits hit on my 1925.50 short at 1985.50 for 40 points profit.

Slowly the old running ones are being cleared out.

Resistance now 1905/6

Plan your trade, trade your plan!

[Khalsa]

This 1905 looks a short again but I have no guts to add here as its been whipsaw today and WNER may pull it up for a +3 / -3 close

Plan your trade, trade your plan!

[smashie212]

Falling knives and all that, but keen to long 1880 /1900’s esp with VOLD in play.

[Khalsa]

I was just thinking / hoping Smashie for a 1860/70 washout low.

Tomorrow maybe the day with WNER today and let it find a low tomorrow.

I will let the SYSTEMS dictate as we are so close to a KTB

Plan your trade, trade your plan!

[smashie212]

Khalsa wrote:

I was just thinking / hoping Smashie for a 1860/70 washout low. Tomorrow maybe the day with WNER today and let it find a low tomorrow. I will let the SYSTEMS dictate as we are so close to a KTB

Good point re KTB. That would be sound insurance that bottom is in and dips will be bought.

[MAURITIUS]

Crookshour…

[Qman]

15 points in 15 minutes – I hate it when it dips into Crookshour.

 

[Khalsa]

Complete nuts. Wow.

KTB will most likely trigger at close.

 

Plan your trade, trade your plan!

[Khalsa]

Khalsa wrote:

This 1905 looks a short again but I have no guts to add here as its been whipsaw today and WNER may pull it up for a +3 / -3 close

Price is now +4, lets see where we close

Plan your trade, trade your plan!

[Khalsa]

Khalsa wrote:

I was just thinking / hoping Smashie for a 1860/70 washout low. Tomorrow maybe the day with WNER today and let it find a low tomorrow. I will let the SYSTEMS dictate as we are so close to a KTB

Now I do not see how we can print 1860/70 tomorrow with the KTB. Therefore is the $VOLD low in?

Now it gets much tougher. So glad that I closed so many shorts on the way down when it gets to this stage

Plan your trade, trade your plan!

[smashie212]

Khalsa wrote:

Khalsa wrote:

I was just thinking / hoping Smashie for a 1860/70 washout low. Tomorrow maybe the day with WNER today and let it find a low tomorrow. I will let the SYSTEMS dictate as we are so close to a KTB

Now I do not see how we can print 1860/70 tomorrow with the KTB. Therefore is the $VOLD low in? Now it gets much tougher. So glad that I closed so many shorts on the way down when it gets to this stage

KTB triggering would be in line with Turnaround tuesday.

Might wait to see how china opens…

[Khalsa]

Shashie …  If my idea of 1860/70 washout low is correct then the KTB has to fail.

Lets see what teh SYSTEMS say and as you say China does.

 

Plan your trade, trade your plan!

[Author]

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