MON/TUESDAY 18th & 19/01/16 SYSTEMS AND INTRADAY

[Khalsa]

SYSTEMS FOR MONDAY 18TH JANUARY 2016

Hi all,

Recap ….

Intraday wise …. I banked 160.5 points in Spoos today.

I have 1 Long in Oil & 2 swing positions in spoos open.

Onto today …

KP
None in play.

KTB
We have a KTB triggered at close on 11/01/2016.
It is now negated after DAY3.

KTS
We have a KTS5 triggered at close on 15/01/2015.
TODAY IS DAY1.

SYSTEM BDIP
We have a BDIP triggered at close on 14/01/2016.
TODAY IS DAY2.

DAY1… We got a low of -65.50.
DAY2…
DAY3…
DAY4…

DDUD
We have a DDUD triggered at close on 08/01/2016.
TODAY IS DAY7.

SYSTEMS TRIGGERED

ESH7 ND

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.

ESH8

ESL2
USUALLY GIVES -4/-7

SYSTEM 70 (KHC +3)
USUALLY GIVES +3

SYSTEM 72 (KHC +3)
SHOULD GET +3,+5 POSSIBLY MORE. DOWNSIDE USUALLY LIMITED TO -5.

SYSTEM 81A (KHC-5)
USUALLY GIVES A BIG NEGATIVE PRINT AND CLOSES NEGATIVE, BUT IT CAN BE VIA A +3/+5

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

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

Spoos closed at 1875 (basis Mar)

K+3 = 1878

K-3 = 1972

Conclusion

We have 3 KHC+3 & 1 KHC-5 SYSTEMS in play.

We have a BDIP DAY2, DDUD DAY7 & KTS5 DAY1 in play.

Plan your trade, trade your plan!

[MAURITIUS]

In 1936 The Fed rose interest rates at the wrong time in the cycle and this is what happened next….

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[MAURITIUS]

System 81a again…. That is triggering almost every day at the moment……

[Khalsa]

My thoughts are simple at this stage.

The Iranian lighting of sanctions opens up a lower oil oil price and higher stick prices.

I think a short term low is close to being in and a very short term one in already.

We should bounce here for a bit before resuming downtrend.

Plan your trade, trade your plan!

[MAURITIUS]

The oil loans are going bad in the states and The Fed, after meeting with the banks has stopped banks marking to market. Ie they are scared of contagion and are trying desperately to stop it. After that happened credit spreads ‘between’ banks has risen sharply – ie banks don’t trust eachother again…..

Wells Fargo have a chunk of said loans and admitted all of them are effectively junk category. Lol.

shoe drop time? ?

[MAURITIUS]

https://twitter.com/pierpont_morgan/status/688868514661294080

 

[MAURITIUS]

Oscar

“OMNI has massively lower projections for dow, s&p, nas, if it gets going this week.”

[MAURITIUS]

ECB meeting thursday…

[MAURITIUS]

Oscar Mustard buying dips in gold going in to tomorrow….

[Khalsa]

Khalsa wrote:

My thoughts are simple at this stage. The Iranian lighting of sanctions opens up a lower oil oil price and higher stick prices. I think a short term low is close to being in and a very short term one in already. We should bounce here for a bit before resuming downtrend.

Low of 1859.75 at open last night and it just hit 1882.75.

My plan remains the same for now.

 

Plan your trade, trade your plan!

[Khalsa]

I am hoping the same for Oil also, if I can get an ISLAND low.

Plan your trade, trade your plan!

[Khalsa]

Wow just missed that dip as I walked out of my office. Damn

Plan your trade, trade your plan!

[Khalsa]

15 point sup in a flash. I was poised to long but just waiting for the dip. aaarrrggghhh

Plan your trade, trade your plan!

[kitsu]

Khalsa what is upside target considering KTS and BDIP are  in play

[Khalsa]

kitsu wrote:

Khalsa what is upside target considering KTS and BDIP are in play

1895 ish then 1913 ish Kitsu.

I am only bullish today as I feel a reaction bounce is underway and its a holiday in the US, so trader crooks will have most of the super computers off.

Plan your trade, trade your plan!

[Author]

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