THURSDAY 05/01/2017 SYSTEMS & INTRADAY

[Khalsa]

SYSTEMS FOR THURSDAY 5TH JANUARY 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 KTB2 triggered at close on 03/01/2017.
TODAY IS DAY1.

KTS
We have a NEW KTS5 triggered at close on 28/12/2016.
It is now negated after DAY3.

SYSTEM BDIP
NONE IN PLAY.

DDUD
We have a DDUD triggered at close on 01/11/2016.
It is now negated after DAY12.

SYSTEMS TRIGGERED

ESL1 NEXT DAY
GOOD CHANCE OF A -3

ESHA

ESL2
USUALLY GIVES -4/-7

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 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 80
USUALLY GET -3. IF IT GAPS UP OPEN, THEN USUALLY NOT MUCH DOWNSIDE PAST -3 AND CAN CLOSE +VE. USUALLY DOES NOT CLOSE AT HIGHS. SMALL CHANCE OF BEING A DDDD DAY

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

SPX3B
SHOULD GET +3/+5, -3/-5. DOJI TYPE DAY WITH A CLOSE WITHIN THAT RANGE

SYSTEM SPX7
STARTS OF LOOKING LIKE TRENDING BUT DOES NOT CLOSE AT HIGHS OR LOWS

SPX 10C
MORE DOWNSIDE THAN UPSIDE, SHOULD GET -3 POSSIBLY -5. IF TRADE PAST +4 CAN CLOSE POSITIVE

Spoos closed at 2264.50 (basis Mar)

K+3 = 2267.50

K-3 = 2261.50

Conclusion

We have NO KHC SYSTEMS in play. Any GAP UP open should be filled on the same day as per SYSTEM ES3.

We have a KTB2 DAY2 in play.

Plan your trade, trade your plan!

[Author]

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