THURSDAY 02/06/2016 SYSTEMS & INTRADAY

[Khalsa]

SYSTEMS FOR THURSDAY 2ND JUNE 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 DAY4.

SYSTEM BDIP
We have a BDIP triggered at close on 25/05/2016.
It is now negated after DAY4.

DAY1… We got a low of -4.75.
DAY2… We got a low of -1.75.
DAY3… We got a low of -12.50.
DAY4… We got a low of -11.75.

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

SYSTEMS TRIGGERED

ESB
SHOULD GET +3 AND -3 BOTH. CAN BE A TRENDING SYSTEM. > +5 SHOULD TREND UP AND < -5 SHOULD TREND DOWN.

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

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

SYSTEM 70 (KHC +3)
USUALLY GIVES +3

SPXB
MORE CHANCE OF POSITIVE THAN NEGATIVE.

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 2097.25 (basis Jun)

K+3 = 2100.25

K-3 = 2094.25

Conclusion

We have 1 KHC+3 SYSTEMS in play.

We have a KTS DAY4 in play.

Plan your trade, trade your plan!

[Khalsa]

So yet more drop and pop action.

The KTS is working a gem but negates tonight as it stands but on trigger for another KTS. That will be the third in a row.

NFP’s tomorrow.

Plan your trade, trade your plan!

[Author]

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