THURSDAY 14/04/2016 SYSTEMS & INTRADAY

[Khalsa]

SYSTEMS FOR THURSDAY 14TH APRIL 2016

Hi all,

Recap ….

Intraday wise …. I banked 0 points today.

I have 9 shorts in spoos & 2 swing positions in spoos open.

Onto today …

KP
None in play.

KTB
We have a KTB triggered at close on 30/03/2016.
It is now negated after DAY6.

KTS
We have a Psudo KTS triggered at close on 07/04/2016.
TODAY IS DAY5.

SYSTEM BDIP
We have a BDIP triggered at close on 13/04/2016.
TODAY IS DAY1.

DAY1…
DAY2…
DAY3…
DAY4…

We have a BDIP triggered at close on 12/04/2016.
TODAY IS DAY2.

DAY1… We got a low of -2.00.
DAY2…
DAY3…
DAY4…

DDUD
We have a DDUD triggered at close on 05/04/2016.
It is now negated after DAY6.

SYSTEMS TRIGGERED

ESL1 NEXT DAY
GOOD CHANCE OF A -3

ESH
USUALLY GET +3 AND -3. MORE CHANCE OF -3. NORMALLY IS A DOJI TYPE DAY WITHIN +5 AND -5. TRADING < -5 GIVES CHANCE TO SD DAY

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.

ES8B

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

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

SPX4A

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

SYSTEM SPX9
SHOULD NOT MAKE MUCH UPSIDE PROGRESS, IF LOW < -3 GOOD CHANCE OF NEGATIVE CLOSE. ANY GAP OPEN SHOULD FILL THE SAME DAY.

Spoos closed at 2076 (basis Jun)

K+3 = 2079

K-3 = 2073

Conclusion

We have NO KHC SYSTEMS in play.

We have a BDIP DAY1, BDIP DAY2 & Psudo KTS DAY5 in play.

Plan your trade, trade your plan!

[Zarif]

Wishing all a HAppy Baisakhii

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Small droplets of rain turn into Rivers, Streams and Mighty Oceans

[Khalsa]

Thank you so much for your lovely wishes Z. It is one of the most auspicious days in our Sikh calendar and why I have been so, so busy this week.

All good, always good

Plan your trade, trade your plan!

[Khalsa]

Oh well. BDIp gave its minimum -7.50 and now TREND has taken it back up.

Stupid, stupid, but no surprise

Plan your trade, trade your plan!

[Qman]

DAX has now added 600+ points in 6 days. Approx 1% per day. Mega mustards

[Khalsa]

Qman wrote:

DAX has now added 600+ points in 6 days. Approx 1% per day. Mega mustards

Just completely nuts Q.

ES is looking good for a trip to the lows later, if we can bust 2072 down.

Lets see if we get an early high or low today

Plan your trade, trade your plan!

[Qman]

What’s above in the way of resistance K?

[Khalsa]

2105/2115 SPX area next, if 2080 is a base now.

We can still fail around here, but its now looking unlikelier

Plan your trade, trade your plan!

[Khalsa]

Short 2075.75 basis 2080 can resist and hopefully see lows later

Plan your trade, trade your plan!

[Khalsa]

Now need 2072 to break down and then 2065. If so then we can see yesterdays gap at 2056.

All wishful stuff but for today I am a man with a plan.

Plan your trade, trade your plan!

[Khalsa]

2072 supports aaarrrggghh low was 2071.75.

Need it broken

Plan your trade, trade your plan!

[Khalsa]

It’s all a joke nowadays really. They have moved on to USDJPY now and the indices are following that tick by tick

Plan your trade, trade your plan!

[Khalsa]

Sorry that was the best I could do.

Low remained 2071.75 and rest is history unless we get an early high now.

I will keep this short incase we do and get the lows later again.

 

Plan your trade, trade your plan!

[Khalsa]

Shorted 2076 again.

Do not normally do this nowadays but just have a feeling about this.

If not today I will have them another day soon

Plan your trade, trade your plan!

[Author]

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