THURSDAY 07/01/2016 SYSTEMS & INTRADAY

[Khalsa]

SYSTEMS FOR THURSDAY 7TH JANUARY 2016

Hi all,

Recap ….

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

I have 1 Long in Oil, 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 29/12/2015.
It is now negated after DAY1.

KTS
We have a KTS triggered at close on 24/12/2015.
It is now negated after DAY2.

SYSTEM BDIP
We have a BDIP triggered at close on 23/12/12.
It is now negated after DAY4.

DAY1… We got a low of -3.75.
DAY2… We got a low of -16.00.
DAY3… We got a low of -1.75.
DAY4… We got a low of -19.25.

We have a BDIP triggered at close on 22/12/12.
It is now negated after DAY4.

DAY1… We got a low of -4.75.
DAY2… We got a low of -3.75.
DAY3… We got a low of -16.00.
DAY4… We got a low of -1.75.

DDUD
We have a DDUD triggered at close on 27/11/2015.
It is now negated after DAY16.

SYSTEMS TRIGGERED

ESL2 NEXT DAY (KHC-4)
GIVES -4/ -7

SYSTEM ESA (KHC+3)
SHOULD GET +3/+5/+7, HOWEVER IT CAN BE AFTER A DRAWDOWN, CLUE IS TRADING > +2.

SYSTEM ESH1
MORE CHANCE OF UPSIDE THAN DOWNSIDE, USUALLY TRADE -VE AT SOME POINT, NORMALLY GET +3, IF NO +3 THEN RARELY CLOSES AT LOWS, DOWNSIDE UNSUSTAINABLE. CHANCES OF +5, +7 ALSO. ALSO THE CLOSE CAN BE VERY ERRATIC. AFTER THIS SYSTEM THERE IS ANOTHER CHANCE OF A +3 THE NEXT DAY

ESL3 (KHC-5)
SHOULD GET A GOOD NEGATIVE PRINT . DOES NOT ALWAYS CLOSE AT LOWS.

ES 5C (KHC+3)
USUALLY GIVE A +3 AND CLOSES POSITIVE. RARELY CLOSES AT LOWS

ES16A

SYSTEM 70 (KHC +3)
USUALLY GIVES +3

SYSTEM 81 (KHC+3)
USUALLY GIVES +3,+5

ES100 (KHC +3)
SHOULD GET +3, ONCE PAST +3 SHOULD GO ON TO POSSIBLE +5/+7/+10. UPSIDE SHOULD BE MORE THAN DOWNSIDE

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 1986 (basis Mar)

K+3 = 1989

K-3 = 1983

Conclusion

We have 5 KHC+3, 1 KHC-4 & 1 KHC-5 SYSTEMS in play.

Plan your trade, trade your plan!

[MAURITIUS]

I may short a pop or even a plus 3 if it comes befor a -4 -5

[MAURITIUS]

TANK

[MAURITIUS]

China Devalues Currency Most Since August, Offshore Yuan Crashes 5 Handles, Dow Futures Tumble https://t.co/Yz38Wz0puX

— zerohedge (@zerohedge) January 7, 2016

[Khalsa]

Oh wow. Amazing

Closed 2008.50 short at 1954 for 54.50 points profit…

 

Plan your trade, trade your plan!

[Khalsa]

Next two closest shorts are 2010.25 and then 1979.50.

Closed the 1979.50 short at 1955 also for 24.50 points.

That gives me room psychologically to run the 2010.25 still for more down in terms of points.

 

 

Plan your trade, trade your plan!

[MAURITIUS]

I shorted at plus 0.5 last night and just closed for 33 handles… 🙂

Running my main bet…

[Khalsa]

Awesome Dan, super add on.

 

Plan your trade, trade your plan!

[Khalsa]

So we are due a KTB soon but thankfully its not triggering and knows best.

No $VOLD yet either.

They will be two triggers that will get me out of the “bulk” of my shorts

Until then I trade round them closing on lows and trying to add back on rallies

 

Plan your trade, trade your plan!

[Khalsa]

Just wish there would be a flight to quality (Gold & Silver)

Plan your trade, trade your plan!

[MAURITIUS]

Yeh mustard gold and silver need a rocket up em!!

yes seems ktb ‘knew’ not to trigger. I am thinking it may get to 1900 ish and trigger then.. – bounce to 1970 – which has been a pig on way down – and then negate and kts. 🙂

[Khalsa]

http://news.sky.com/story/1618062/uk-economy-faces-dangerous-cocktail-of-risks

Mega crooks already blaming it all on China and Oil.

To me nothing other than crooks and crooked behaviour.

So last year it wanted to rally and hold onto gains for EOY and then then year it wants to do nothing but fall?

Looks like the crooks want it down this year, nothign else.

Plan your trade, trade your plan!

[MAURITIUS]

I was just reading similar. Soros warning of ‘China’ currency contagion….

[Khalsa]

lol CHina circuit breakers kicked in within minutes of opening and then the stockmarket closed for the day.

WHy cant we do that on spoos. Would be super.

Plan your trade, trade your plan!

[Qman]

Khalsa wrote:

lol CHina circuit breakers kicked in within minutes of opening and then the stockmarket closed for the day. WHy cant we do that on spoos. Would be super.

It will when we reach 20% down ????

[Author]

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