THURSDAY 28/09/2017 SYSTEMS & INTRADAY

[Khalsa]

SYSTEMS FOR THURSDAY 28TH SEPTEMBER 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 KTS triggered at close on 22/09/2017.
TODAY IS DAY4.

SYSTEM BDIP
We have a BDIP triggered at close on 12/09/2017.
It is now negated after DAY4.

DAY1… We got a low of -5.25.
DAY2… We got a low of -7.25.
DAY3… We got a low of -7.75.
DAY4… We got a low of +0.50.

SYSTEMS TRIGGERED

ESH
USUALLY GET +3 AND -3. MORE CHANCE OF -3. NORMALLY IS A DOJI TYPE DAY WITHIN +5 AND -5. TRADING < -5 GIVES CHANCE TO SD 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 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

SPX10

Spoos closed at 2505.25 (basis Dec)

K+3 = 2508.25

K-3 = 2502.25

Conclusion

We have NO KHC SYSTEMS in play for today.

We have a KTS DAY4 in play.

Plan your trade, trade your plan!

[Khalsa]

Whatever is thrown at this market, the response is just buyem.

Every single trading book with their rules would not make you money in this market.

The market has changed. Its extremely low volume and nearly all computer driven by algorithms.

The bounces come from nowhere and really for no good reason. This latest bounce is to do with President Trump yet again saying he will cut taxes. He needs to get it past Democrats and Republicans, who are not on board.

Either way it will add trillions to the deficit.

and the response is buyem.

North Korea should be a massive worry, but again its not just ignored.

I honestly am totally lost here and really cannot find a daily trade as it stands.

2505 remains the resistance pivot for now.

 

Plan your trade, trade your plan!

[Khalsa]

Another day of exactly the same.

Absolutely no signs of an impending drop. Normally by the 2nd consecutive KTS I am expecting a drop. We are on the 3rd KTS and still no feeling f any impending fall.

TRIN is >1, but like everything else technical nowadays it means nothing too.

 

Plan your trade, trade your plan!

[Khalsa]

Totally gone are the days you can sit infront of this and watch it.

Other than it currently looking up still.

and then we go on to crooksday and WNER again.

Absolutely pathetic volume again.

 

Plan your trade, trade your plan!

[Author]

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