MONDAY 22/08/16 SYSTEMS AND INTRADAY

[Khalsa]

SYSTEMS FOR MONDAY 22ND AUGUST 2016

Hi all,

Recap ….

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

I have 1 short in Silver, 11 shorts in spoos & 2 swing positions in spoos open.

Onto today …

KP
None in play.

KTB
None in play.

KTS
We have a KTS triggered at close on 10/08/2016.
TODAY IS DAY8.

SYSTEM BDIP
We have a BDIP triggered at close on 15/08/2016.
It is now negated after DAY4.

DAY1… We got a low of -10.75.
DAY2… We got a low of -11.25.
DAY3… We got a low of -3.50.
DAY4… We got a low of -10.75.

We have a BDIP triggered at close on 11/08/2016.
It is now negated after DAY4.

DAY1… We got a low of -6.25.
DAY2… We got a low of +0.25.
DAY3… We got a low of -10.75.
DAY4… We got a low of -11.25.

DDUD
None in play.

SYSTEMS TRIGGERED

SYSTEM ESL1
MORE CHANCE OF DOWNSIDE THAN UPSIDE, USUALLY TRADE POSITIVE AT SOME POINT, NORMALLY GET -3, IF NO -3 THEN RARELY CLOSE AT HIGHS, UPSIDE UNSUSTAINABLE & CLOSE WITH LITTLE CHANGE ON THE DAY. CHANCES OF -7, -10 & -17 ALSO. THE CLOSE CAN BE VERY ERRATIC. ALSO AFTER THIS SYSTEM THERE IS ANOTHER CHANCE OF A -3 THE NEXT DAY

SYSTEM ES6
COULD BE A TRENDING DAY EITHER WAY, BUT DOES NOT CLOSE NEAR HIGHS OR LOWS

ES8A
SHOULD GET+3 AND A -3. DOES NOT ALWAYS CLOSE AT LOWS

ES16A

SYSTEM SPX6A
USUALLY GIVES +3/+5. BUT DOES NOT ALWAYS CLOSE POSITIVE.

Spoos closed at 2181.75 (basis Sep)

K+3 = 2184.75

K-3 = 2178.75

Conclusion

We have NO KHC SYSTEMS in play.

We have a KTS DAY8 in play.

Plan your trade, trade your plan!

[Khalsa]

Khalsa wrote:

MAURITIUS wrote:

Silver was up on lousy data and then slammed back down again at the end…

Good. I still expect Silver to be sub 18 soon

Half way there now

Plan your trade, trade your plan!

[Khalsa]

As for the rest welcome to WNER.

I am hoping that we have further downside still and a move down has started, but until supports break it is sane old same old and impossible to predict as dipsters continue to turn up for duty.

Let’s see what RTH open brings and then RTH opening low / high

Plan your trade, trade your plan!

[Khalsa]

There you go, the Buy’em has kicked in.

From a -6.25 to a +2.25 (+8 form the lows)

Just another WNER it seems so far.

 

Plan your trade, trade your plan!

[smashie212]

Maybe market’s treading water due to Jackson hole meeting this week ?

http://www.zerohedge.com/news/2016-08-22/jackson-hole-looms-main-events-coming-week

[Khalsa]

No idea Smashie but I can say this, this is a weak WNER so far so the hope is for a good negative tomorrow.

TRIN is very high today so that confirms that too

Plan your trade, trade your plan!

[Author]

Posts