MON/TUESDAY 30&31/05/16 SYSTEMS AND INTRADAY

[Khalsa]

SYSTEMS FOR MONDAY/TUESDAY 30TH/31ST MAY 2016

Hi all,

Recap ….

Intraday wise …. I banked 0 points today.

I have 1 Short in Ftse, 8 shorts in spoos & 2 swing positions in spoos open.

Onto today …

KP
None in play.

KTB
We have a KTB2 triggered at close on 16/05/2016.
It is now negated after DAY3.

KTS
We have a KTS triggered at close on 26/05/2016.
TODAY IS DAY2.

SYSTEM BDIP
We have a BDIP triggered at close on 25/05/2016.
TODAY IS DAY3.

DAY1… We got a low of -4.75.
DAY2… We got a low of -1.75.
DAY3…
DAY4…

DDUD
We have a DDUD triggered at close on 04/05/2016.
It is now negated after DAY16.

SYSTEMS TRIGGERED

ESH
USUALLY GET +3 AND -3. MORE CHANCE OF -3. NORMALLY IS A DOJI TYPE DAY WITHIN +5 AND -5. TRADING < -5 GIVES CHANCE TO SD DAY

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 ES3
SHOULD GET -3. UPSIDE AND DOWNSIDE UNSUSTAINABLE. LOWS TRADED SHOULD BE LOWER THAN HIGH TRADED, SHOULD NOT CLOSE AT HIGHS, IF WE TRADE < -3 CHANCE OF -7, -10.

SYSTEM ES5D (KHC-5)

SYSTEM ES7
POSSIBLE DOJI DAY, CAN BE WHIPPY AND UNTRADEABLE, ANY GAP UP OPEN SHOULD FILL THE SAME DAY. ITS NOT A SU MARKET AND RARELY MAKES MUCH PROGRESS.

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

SYSTEM SPX1 (KHC-3)
LITTLE UPSIDE MORE DOWNSIDE. IN THE 18 TIMES THIS HAS TRIGGERED, WE HAVE ONLY TRADED TWICE SPX >+4 AND THEY WERE THE ONLY POSITIVE CLOSES. NORMALLY GAP DOWN ON SPX, NO GAP FILL AND CLOSE NEGATIVE.

SYSTEM SPX5D (KHC-3)
USUALLY DO NOT GET MUCH POSITIVE, BUT CAN BE A VERY NEGATIVE PRINT. CAN EXPECT -5,-7,-10.

Spoos closed at 2098.75 (basis Jun)

K+3 = 2101.75

K-3 = 2095.75

Conclusion

We have 2 KHC-3 & 1 KHC-5 SYSTEMS in play.

We have a BDIP DAY3 & KTS DAY2 in play.

Plan your trade, trade your plan!

[Author]

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