THURSDAY 20/04/2017 SYSTEMS & INTRADAY

[Khalsa]

SYSTEMS FOR THURSDAY 20TH APRIL 2017

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 17/04/2017.
TODAY IS DAY3.

KTS
NONE IN PLAY.

SYSTEM BDIP
We have a BDIP triggered at close on 17/04/2017.
TODAY IS DAY3.

DAY1… We got a low of -13.75.
DAY2… We got a low of -6.00.
DAY3…
DAY4…

SYSTEMS TRIGGERED

SYSTEM ESG (KHC+3)
SHOULD GET +3 MINIMUM, CAN GO TO +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

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

SYSTEM SPXG
More chance of upside than downside. Usually get +3,Trading > +3 SPX = chances of +5, +7,+10. Could also gap up open.

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

Spoos closed at 2332.50 (basis Jun)

K+3 = 2335.50

K-3 = 2329.50

Conclusion

We have 2 KHC+3 SYSTEMS in play.

We have a KTB2 DAY3 and BDIP DAY3 in play.

Plan your trade, trade your plan!

[Khalsa]

The dreaded ESG & SPXG combo is back.

In a downtrend it can fail.

So the hope now is for a pop and drop. Ie. A +7/+10 up and then down.

The biggest problem is that this 2340 area is still a magnet.

Plan your trade, trade your plan!

[Khalsa]

Total madness continues.

Going down is total bounce and dipsters, going up is SU and constantly daily highs.

ESG and SPXG combo wins yet again.

Plan your trade, trade your plan!

[Author]

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