MONDAY 17/04/17 SYSTEMS AND INTRADAY

[Khalsa]

SYSTEMS FOR MONDAY 17TH APRIL 2017

Hi all,

Recap ….

Intraday wise …. I banked 0 points in spoos today.

I have 1 long in Gold, 1 long in Silver, 1 short on Dow, 9 shorts in spoos & 2 swing positions in spoos open.

Onto today …

KP
None in play.

KTB
We have a KTB triggered at close on 04/04/2017.
It is now negated after DAY7.

KTS
NONE IN PLAY.

SYSTEM BDIP
NONE IN PLAY

SYSTEMS TRIGGERED

ESH1 NEXT DAY (KHC+3)
USUALLY GIVES +3, IF IT GAPS DOWN THEN IT CAN GIVE A DDDD AND THEN BOUNCE AND MAKES A +3 LESS LIKELY.

SYSTEM ESA (KHC+3)
SHOULD GET +3/+5/+7, HOWEVER IT CAN BE AFTER A DRAWDOWN, CLUE IS TRADING > +2.

ESH2 (KHC+3)
CAN GIVE +3,+5,+7,+10. HOWEVER FAILURE TO PRINT +3 USUALLY RESULTS IN DOUBLE DIGIT DOWN DAY. DOES NOT USUALLY CLOSE AT HIGHS.

SYSTEM ES8 (KHC+3)
MORE CHANCE OF UPSIDE THAN DOWNSIDE. USUALLY GIVES A +3.

ES13 (KHC+3)
SHOULD GET A +3. CAN ALSO GET A GOOD NEGATIVE PRINT-3, -5, -7

SYSTEM 65 (KHC+3)
CAN GET+3 & -3, BUT BIASED TOWARDS A +3 (KHC)

SYSTEM SPXH1
CAN GIVE +3,+5,+7 WITH A POSITIVE CLOSE. THE CLUE IS NOT TRADING MUCH NEGATIVE RTH

SYSTEM SPX5C (KHC+3)
NORMALLY GETS +3 AND CAN GET +5, CAN BE A TRENDING SYSTEM.

Spoos closed at 2327.50 (basis Jun)

K+3 = 2330.50

K-3 = 2324.50

Conclusion

We have 7 KHC+3 SYSTEMS in play.

Plan your trade, trade your plan!

[Khalsa]

Today is more of a continuation from the Easter Bank Holiday weekend.

Yesterdays bounce was very shocking but not surprising.

It can be classed as a backtest of 2340/5/7  area. It could be classed as WNER after the NK antics.

For me we only hit 2322.75 out of the lower target which was not close enough to 2310/3 area really (unless the trend up remains strong).

It confusing as if I take yesterday as it is (ignoring the weekend close), we have a new KTB2 abut also BDIP DAY1.

I am going to take it with a pinch of salt as just take yesterday as a WNER which can reverse back down towards the initial lower targets.

Lets see.

Plan your trade, trade your plan!

[Author]

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