THURSDAY 25/08/2016 SYSTEMS & INTRADAY

[Khalsa]

SYSTEMS FOR THURSDAY 25TH 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 DAY11.

SYSTEM BDIP
We have a BDIP triggered at close on 15/08/2016.
It is now negated after DAY4.

DAY1… We got a low of -10.75.
DAY2… We got a low of -11.25.
DAY3… We got a low of -3.50.
DAY4… We got a low of -10.75.

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

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

ES 5C (KHC+3)
USUALLY GIVE A +3 AND CLOSES POSITIVE. RARELY CLOSES AT LOWS

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

Spoos closed at 2175 (basis Sep)

K+3 = 2178

K-3 = 2172

Conclusion

We have 2 KHC+3 SYSTEMS in play.

We have a KTS DAY11 in play.

Plan your trade, trade your plan!

[Khalsa]

Sorry for the outage guys. It has been a nightmare with the Web hosts as one of my websites on my server was hacked, so in their wisdom they took my whole server offline.

Finally got it resolved.

Plan your trade, trade your plan!

[Khalsa]

Yesterday was the first day in ages that it broke my intraday supports. As long as it can remain below 2080/3 area now, we can go down.

All depends on today in RTH now. It needs to continue to sell off

 

Plan your trade, trade your plan!

[Khalsa]

Lets see what GFS says but at only -5 down, its hardly convincing it wants to go down.

Plan your trade, trade your plan!

[Khalsa]

NO GFS even though it got to 2172.75 vs 2175 fill.

Interesting if it turns back down but we need to watch early low next.

Resistance remains at 2175 and then 2182 ish

Plan your trade, trade your plan!

[Khalsa]

Is it a early high?

2174.75 printed so gap has been filled. Ridiculous how it just cann0t fall but in a way good that it has not left an open gap.

Plan your trade, trade your plan!

[Khalsa]

Above 2175/6 area its all over. Bulls back in control

Plan your trade, trade your plan!

[Khalsa]

Same old same old

Plan your trade, trade your plan!

[Author]

Posts