THURSDAY 26/10/2017 SYSTEMS & INTRADAY

[Khalsa]

SYSTEMS FOR THURSDAY 26TH OCTOBER 2017

Hi all,

Recap ….

Intraday wise…. I banked 0 points in spoos today. I have 1 short FTSE, 1 long in Gold, 1 long in Silver, 1 short on Dow, 10 shorts in spoos & 2 swing positions in spoos open.

Onto today …

KP
None in play.

KTB
We have a KTB triggered at close on 05/06/2017.
It is now negated after DAY7.

KTS
We have a NEW KTS5 triggered at close on 23/10/2017.
TODAY IS DAY3.

SYSTEM BDIP
NONE IN PLAY.

SYSTEMS TRIGGERED

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

ES4C

ES16A

SYSTEM 70 (KHC +3)
USUALLY GIVES +3

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 2559.50 (basis Dec)

K+3 = 2562.50

K-3 = 2556.50

Conclusion

We have 1 KHC+3 SYSTEMS in play for today.

We have a KTS5 DAY3 in play.

Plan your trade, trade your plan!

[Khalsa]

After 1 down day, it all looks perky again for up.

The key now is selling rallies.

Ideally I want 2463/5 area to hold now on ES as resistance.

We will only now once RTH opens what their plan is, but I remain hopeful in my current theme of the market has topped.

Plan your trade, trade your plan!

[Khalsa]

Again, not even a wonder day wonder, but just an intraday dip to buy.

Blown the resistance yet again.

Tireless bull.

Plan your trade, trade your plan!

[Author]

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