THURSDAY 19/05/2016 SYSTEMS & INTRADAY

[Khalsa]

SYSTEMS FOR THURSDAY 19TH MAY 2016

Hi all,

Recap ….

Intraday wise …. I banked 42 points today.

I have 1 Short in Ftse, 8 shorts in spoos & 2 swing positions in spoos open.

Onto today …

KP
None in play.

KTB
We have a KTB2 triggered at close on 16/05/2016.
TODAY IS DAY3.

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

SYSTEM BDIP
We have a BDIP triggered at close on 16/05/2016.
TODAY IS DAY3.

DAY1… We got a low of -26.00.
DAY2… We got a low of -13.50.
DAY3…
DAY4…

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

SYSTEM 81A ND (KHC+5)
CAN BE A DDUD PRINT ALSO

ESH2 (KHC+3)
CAN GIVE +3,+5,+7,+10. HOWEVER FAILURE TO PRINT +3 USUALLY RESULTS IN DOUBLE DIGIT DOWN DAY. DOES NOT USUALLY CLOSE AT HIGHS.

ESH10
CHANCE OF +3/+5, IF IT GOES FOR LOWS IT SHOULD NOT CLOSE AT LOWS. HOWEVER COULD BE A VERY BIG RANGE DAY.

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

SYSTEM 70 (KHC +3)
USUALLY GIVES +3

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

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

SPXB
MORE CHANCE OF POSITIVE THAN NEGATIVE.

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

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 2042.50 (basis Jun)

K+3 = 2045.50

K-3 = 2039.50

Conclusion

We have 4 KHC+3, 1KHC+5 & 1 KHC-5 SYSTEMS in play.

We have a KTB2 DAY3, BDIP DAY3 & DDUD DAY11 in play.

Plan your trade, trade your plan!

[smashie212]

Thanks Kman.

Jobless Claims data  numbers due 1.30pm.   Market looking skittish already

[Qman]

1980 looking closer….

[smashie212]

thar she blows !

what an epic battle, could Oil have topped too ?

[Khalsa]

Looking good. I did not sacrifice a long but did succumb to closing a short this morning asd posted 10 points above, having run it for 2 weeks.

Its a joke!

Still with it falling, I am super pleased

Plan your trade, trade your plan!

[MAURITIUS]

Scalped a little today….

Oscar mustard banging on ‘do NOT fall in love with the upside’ and ‘gold does not do this for no reason’.

 

[MAURITIUS]

@DeutscheBank if you rig a football or tennis match you get banned or jailed. If you rig the gold price you get to carry on. @TFMetals #scum

— mauritiusgold (@mauritius_gold) May 19, 2016

???

[smashie212]

Ahem rockhopper have revalued their reserves.

http://www.zerohedge.com/news/2016-05-19/malvinas-war-20-independent-audit-confirms-falkland-islands-are-billion-barrel-basin

Are you minting it yet danny boy?

[Khalsa]

Yet again it has managed to go up into close. All it needs is one of us to long it for crooks hour one day and it will tank.

Over to an OE croooksday tomorrow and then we start the journey into quad crooks OE June with the June FED too.

Plan your trade, trade your plan!

[Author]

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