THURSDAY 07/07/2016 SYSTEMS & INTRADAY

[Khalsa]

SYSTEMS FOR THURSDAY 7TH JULY 2016

Hi all,

Recap ….

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

I have 1 short in Silver, 5 shorts in spoos & 2 swing positions in spoos open.

Onto today …

KP
None in play.

KTB
We have a KTB2 triggered at close on 28/06/2016.
It is now negated DAY4.

KTS
We have a KTS5 triggered at close on 05/07/2016.
TODAY IS DAY2.

SYSTEM BDIP
None in play.

DDUD
We have a DDUD triggered at close on 21/06/2016.
TODAY IS DAY11.

SYSTEMS TRIGGERED

ESH1 NEXT DAY (KHC+3)
USUALLY GIVES +3, IF IT GAPS DOWN THEN IT CAN GIVE A DDDD AND THEN BOUNCE AND MAKES A +3 LESS LIKELY.

ESL5 ND (KHC-5)

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

ESL6
SHOULD GET GOOD NEGATIVE PRINT, COULD GAP DOWN OPEN, COULD CLOSE NEGATIVE.

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

SYSTEM 70 (KHC +3)
USUALLY GIVES +3

SYSTEM 72 (KHC +3)
SHOULD GET +3,+5 POSSIBLY MORE. DOWNSIDE USUALLY LIMITED TO -5.

SYSTEM SPXF
MORE CHANCE OF A +3 THAN A -3. IF SPX GAPS DOWN THEN IT USUALLY NEGATES THE POSITIVE CALL AND CAN BE A NEGATIVE SYSTEM

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 2094 (basis Sep)

K+3 = 2097

K-3 = 2091

Conclusion

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

We have a KTS5 DAY2 & DDUD DAY11 in play.

Plan your trade, trade your plan!

[Qman]

Morning mustards.

BREXIT, BREXIT, blah blah blah.

How about:

4 more property funds closed,

Deutsche Bank now down 50% this year with liabilities approaching assets,

Spain and Portugal miss fiscal targets, but is it a coincidence?, EU hold off action.

And just $12 TRILLION so far pumped by FED, EU, JAP.

Feeling more and more like a house of cards.

Nevermind – BUY ‘EM!!!!

[Khalsa]

All over to NFP’s, nothing more or less.

I get the feeling we have topped / one more spike up left.

KAIS will go short again soon.

MS triggered about 10 mins ago (missed it) around 2092.

 

 

Plan your trade, trade your plan!

[smashie212]

Kman

Oil seems to be painting a rounding top, you still short ?

[Khalsa]

smashie212 wrote:

Kman Oil seems to be painting a rounding top, you still short ?

Yes I am Smashie. Did close post Brexit but back in again

Plan your trade, trade your plan!

[Khalsa]

My views on SPX remain the same.

Either topped or one last spike.

The caveat is if its a big inv h&s playing out.

Personally I think it may spike up, make it look like inv h&s playing out, then tank

Plan your trade, trade your plan!

[Khalsa]

This 2081 area could be a low into NFP’s

Plan your trade, trade your plan!

[Author]

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