SYSTEMS FOR MONDAY 16TH MAY 2016
Hi all,
Recap ….
Intraday wise …. I banked 34 points today.
I have 1 Short in Ftse, 9 shorts in spoos & 2 swing positions in spoos open.
Onto today …
KP
None in play.
KTB
We have a KTB2 triggered at close on 06/05/2016.
TODAY IS DAY6.
KTS
We have a NEW KTS5 triggered at close on 28/04/2016.
It is now negated after DAY6.
SYSTEM BDIP
None in play.
DDUD
We have a DDUD triggered at close on 04/05/2016.
TODAY IS DAY8.
SYSTEMS TRIGGERED
ESH2 NEXT DAY (KHC+3)
USUALLY GIVES +3
ESL1 NEXT DAY
GOOD CHANCE OF A -3
SYSTEM ESA (KHC+3)
SHOULD GET +3/+5/+7, HOWEVER IT CAN BE AFTER A DRAWDOWN, CLUE IS TRADING > +2.
ESH3 (KHC+5)
CAN GIVE +3,+5,+7,+10. HOWEVER FAILURE TO PRINT +3 USUALLY RESULTS IN DOUBLE DIGIT DOWN DAY. DOES NOT USUALLY CLOSE AT HIGHS BUT CAN CLOSE POSITIVE
SYSTEM 70 (KHC +3)
USUALLY GIVES +3
SYSTEM 72 (KHC +3)
SHOULD GET +3,+5 POSSIBLY MORE. DOWNSIDE USUALLY LIMITED TO -5.
SYSTEM SPXH1
CAN GIVE +3,+5,+7 WITH A POSITIVE CLOSE. THE CLUE IS NOT TRADING MUCH NEGATIVE RTH
Spoos closed at 2043.50 (basis Jun)
K+3 = 2046.50
K-3 = 2040.50
Conclusion
We have 4 KHC+3 & 1 KHC+5 SYSTEMS in play.
We have a KTB2 DAY6 & DDUD DAY8 in play.
Plan your trade, trade your plan!