THURSDAY 15/12/2016 SYSTEMS & INTRADAY

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  • #24733
    Khalsa
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      SYSTEMS FOR THURSDAY 15TH DECEMBER 2016

      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 15/09/2016.
      It is now negated after DAY18.

      KTS
      We have a NEW KTS5 triggered at close on 14/12/2016.
      TODAY IS DAY1.

      SYSTEM BDIP
      We have a Borderline BDIP triggered at close on 13/12/2016.
      TODAY IS DAY2.

      DAY1… We got a low of -24.75.
      DAY2…
      DAY3…
      DAY4…

      We have a Borderline BDIP triggered at close on 09/12/2016.
      TODAY IS DAY4.

      DAY1… We got a low of -8.75.
      DAY2… We got a low of -2.75.
      DAY3… We got a low of -24.75.
      DAY4…

      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

      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

      SYSTEM 81A (KHC-5)
      USUALLY GIVES A BIG NEGATIVE PRINT AND CLOSES NEGATIVE, BUT IT CAN BE VIA A +3/+5

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

      Spoos closed at 2252 (basis Mar)

      K+3 = 2255

      K-3 = 2249

      Conclusion

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

      We have a KTS5 DAY1, BDIP DAY2 & Borderline BDIP DAY4 in play.

      Plan your trade, trade your plan!

      #24734
      MAURITIUS
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        Pop n drop perhaps?

        #24735
        Khalsa
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          It sure looks it Dan but the day after a down Fed day always terrifies me. It’s usually a total reversal and then some

          Plan your trade, trade your plan!

          #24736
          MAURITIUS
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            Lol don’t say that…. rock on some ardas!! Come on kpadders!! Pray for -35 thursday…. 🙂

            #24738
            smashie212
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              Very annoyed with Gold / Siver though as on many occasions I had mega profits.

              Still in profit which is good, but a bit frustrated at its inability to hold onto gains

              Looking at seasonal patterns in gold  since the Bear market began –

              Back in dec 2013 gold was trending down within a bear channel. After a new yearly low in Dec it bounced about 200pt into Jan.

              The same pattern repeated in 2014-2015.

              We have the same 3rd qtr flush down into dec 2016. After 20 weeks of down and severely oversold, odds are shiftting to some updside , will there be 200pt bear rally into Jan 2017?

              #24739
              Qman
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                Very annoyed with Gold / Siver though as on many occasions I had mega profits. Still in profit which is good, but a bit frustrated at its inability to hold onto gains

                Looking at seasonal patterns in gold since the Bear market began – Back in dec 2013 gold was trending down within a bear channel. After a new yearly low in Dec it bounced about 200pt into Jan. The same pattern repeated in 2014-2015. We have the same 3rd qtr flush down into dec 2016. After 20 weeks of down and severely oversold, odds are shiftting to some updside , will there be 200pt bear rally into Jan 2017?

                sounds good Smash. Longed that spike down on Silver Mar 15.98

                #24742
                smashie212
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                  Good luck Qman

                  Could end up being a decent entry.

                  To my eye Dollar appears to be completing 5 waves up.   2017 – time for a trend change.

                   

                  #24744
                  smashie212
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                    Quad opex – Sell opening tick high tomorrow kman ?

                    #24745
                    Khalsa
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                      I think so Smashie but then could go back up into close. I think next week will be a slide but with WNER and then Xmas and then year end, I really am worried it may not be ready to come down.

                      I do feel we are close but charts are still in mad mode.

                      I will short an up move tomorrow though into opening tick high.

                      Plan your trade, trade your plan!

                      #24746
                      MAURITIUS
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                        Gold and silver certainly frustrating but I’m in them for the long haul so not too bothered what they do day to day but more up than down would be nice lol. All nonsense paper contracts. They apparently sold equivalent to a year of mine supply on Trump election day. Make of that what you will. Paper is not metal.

                        #24747
                        Khalsa
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                          Pure frustration but there at last. Crooks quad oe. I think a new high tomorrow may be in order before a 30/50/70 point retrace.

                          Plan your trade, trade your plan!

                          #24749
                          smashie212
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                            Don’t mean to turn this into a Gold thread but :

                            #24750
                            MAURITIUS
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                              Don’t mean to turn this into a Gold thread but :

                              nice post lol…..

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