THURSDAY 12/05/2016 SYSTEMS & INTRADAY

[Khalsa]

SYSTEMS FOR THURSDAY 12TH MAY 2016

Hi all,

Recap ….

Intraday wise …. I banked 0 points today.

I have 1 Short in Ftse, 10 shorts in spoos & 2 swing positions in spoos open.

Onto today …

KP
None in play.

KTB
We have a KTB2 triggered at close on 06/05/2016.
TODAY IS DAY4.

KTS
We have a NEW KTS5 triggered at close on 28/04/2016.
It is now negated after DAY6.

SYSTEM BDIP
None in play.

DDUD
We have a DDUD triggered at close on 04/05/2016.
TODAY IS DAY6.

SYSTEMS TRIGGERED

ESL1 NEXT DAY
GOOD CHANCE OF A -3

ESC
CAN GET A +3 BUT SHOULD GET A -3. CHANCES OF -5, -7, -10

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

ES5
SHOULD GET +3,+5 BUT RARELY CLOSES AT HIGHS

ES 5B
CAN GIVE UPTO +5 & -5. INITIAL DIRECTION IS USUALLY A FADE.

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

SYSTEM ES8 (KHC+3)
MORE CHANCE OF UPSIDE THAN DOWNSIDE. USUALLY GIVES A +3.

SPXC
Spx <-4 should give big down -7/-10. Likewise <+3 high will trade negative and close negative. Conclusion may be short +2 Spx. Rarely closes at highs

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

SYSTEM SPX2
GOOD CHANCE OF +5, IF THE CLOSE IS POSITIVE THEN THE NEXT DAY AFTER COULD BE DOUBLE DIGIT DOWN

SYSTEM SPX5C (KHC+3)
NORMALLY GETS +3 AND CAN GET +5, CAN BE A TRENDING SYSTEM.

SPX 5E
CAN GIVE +3,+5,+7,+10. ALSO GOOD CHANCE OF A POSITIVE CLOSE. HOWEVER IF IT REVERSES AND GOES NEGATIVE, THEN CAN BE A DDDD

Spoos closed at 2058 (basis Jun)

K+3 = 2061

K-3 = 2055

Conclusion

We have 3 KHC+3 SYSTEMS in play.

We have a KTB2 DAY4 & DDUD DAY6 in play.

Plan your trade, trade your plan!

[Khalsa]

Nice to see ES 5C trigger. Usually that is a sign of a bear trend.

Yesterdays close at lows finally may be indicating that crookshour can be weak.

Lets see where it goes today as tomorrow is crooksday and then Monday WNER all over again. If they can be weak, thats super, but not the recent norm

 

Plan your trade, trade your plan!

[Khalsa]

2063/5 ES needs to resist.

Plan your trade, trade your plan!

[MAURITIUS]

Good morning,

enjoying the sunshine.

tiny extra short this am.

Has Smashie bought BHS yet?

[smashie212]

Will do mate when SP hits 1600.

Pop and drop looking good so far. Nas leading the way.

[Khalsa]

Khalsa wrote:

Nice to see ES 5C trigger. Usually that is a sign of a bear trend. Yesterdays close at lows finally may be indicating that crookshour can be weak. Lets see where it goes today as tomorrow is crooksday and then Monday WNER all over again. If they can be weak, thats super, but not the recent norm

Lovely ES5C.

Gap filled.

From a +15 to +0.

Looking weak, so lets hope for 2060/3 as resistance again now and hopefully break 2055 now to see 2048

 

Plan your trade, trade your plan!

[Khalsa]

Oh dear. They rallied it 17 points from the lows.

Back to 2065 yet again.

Please stay below this and give us bears hope!

Plan your trade, trade your plan!

[smashie212]

A real sinusoidal type of trading day. Can you tell quad opex is around the corner ?

Retail sales data out tomorrow, big mover.

[Author]

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