THURSDAY 18/08/2016 SYSTEMS & INTRADAY

[Khalsa]

SYSTEMS FOR THURSDAY 18TH AUGUST 2016

Hi all,

Recap ….

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

I have 1 short in Silver, 11 shorts in spoos & 2 swing positions in spoos open.

Onto today …

KP
None in play.

KTB
None in play.

KTS
We have a KTS triggered at close on 10/08/2016.
TODAY IS DAY6.

SYSTEM BDIP
We have a BDIP triggered at close on 15/08/2016.
TODAY IS DAY3.

DAY1… We got a low of -10.75.
DAY2… We got a low of -11.25.
DAY3…
DAY4…

We have a BDIP triggered at close on 11/08/2016.
It is now negated after DAY4.

DAY1… We got a low of -6.25.
DAY2… We got a low of +0.25.
DAY3… We got a low of -10.75.
DAY4… We got a low of -11.25.

DDUD
None in play.

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.

ES 5C NEXT DAY (KHC+3)
SHOULD GIVE A +3

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

SYSTEM ESL1
MORE CHANCE OF DOWNSIDE THAN UPSIDE, USUALLY TRADE POSITIVE AT SOME POINT, NORMALLY GET -3, IF NO -3 THEN RARELY CLOSE AT HIGHS, UPSIDE UNSUSTAINABLE & CLOSE WITH LITTLE CHANGE ON THE DAY. CHANCES OF -7, -10 & -17 ALSO. THE CLOSE CAN BE VERY ERRATIC. ALSO AFTER THIS SYSTEM THERE IS ANOTHER CHANCE OF A -3 THE NEXT DAY

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

SPXB
MORE CHANCE OF POSITIVE THAN NEGATIVE.

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 2179.75 (basis Sep)

K+3 = 2182.75

K-3 = 2176.75

Conclusion

We have 2 KHC+3 SYSTEMS in play.

We have a BDIP DAY3 & KTS DAY6 in play.

Plan your trade, trade your plan!

[Khalsa]

This BDIP combo has given two consecutive lows of near -13, but they are still buying it back up.

Nice to see 2175 break yesterday but only to rally straight back up again.

RTH needs to stay below 2180 or it risks 2185 and above that its back in rally mode.

This latest move was down to the FED minutes yesterday.

Plan your trade, trade your plan!

[Qman]

Thoughts on oil Kman?

[Khalsa]

Need this to get below 2179 now and stay below 2183.

TRIN is high so looks hopeful but we are back in the cycle of Crooksday and then WNER tomorrow, so no hope really still until supports break

Plan your trade, trade your plan!

[Khalsa]

Qman wrote:

Thoughts on oil Kman?

Steer clear of shorts for now. I think it has potential to go up more still.

Closing shorts at target range of $38-$40 was just a blessing.

Plan your trade, trade your plan!

[Qman]

Khalsa wrote:

Qman wrote:

Thoughts on oil Kman?

Steer clear of shorts for now. I think it has potential to go up more still. Closing shorts at target range of $38-$40 was just a blessing.

??

[Author]

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