THURSDAY 29/10/2015 SYSTEMS & INTRADAY

[Khalsa]

SYSTEMS FOR THURSDAY 29TH OCTOBER 2015

Hi all,

Recap ….

Intraday wise …. I banked 0 points in Spoos today.

I have 9 shorts in spoos & 2 swing positions in spoos open.

Onto today …

KP
None in play.

KTB
We have a KTB triggered at close on 14/10/2015.
TODAY IS DAY11.

KTS
We have a KTS triggered at close on 12/10/2015.
It is now negated after DAY2.

SYSTEM BDIP
None in play.

DDUD
None in play.

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

ES8A
SHOULD GET+3 AND A -3. DOES NOT ALWAYS CLOSE AT LOWS

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

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

SYSTEM SPX1 (KHC-3)
LITTLE UPSIDE MORE DOWNSIDE. IN THE 18 TIMES THIS HAS TRIGGERED, WE HAVE ONLY TRADED TWICE SPX >+4 AND THEY WERE THE ONLY POSITIVE CLOSES. NORMALLY GAP DOWN ON SPX, NO GAP FILL AND CLOSE NEGATIVE.

SYSTEM SPX5D (KHC-3)
USUALLY DO NOT GET MUCH POSITIVE, BUT CAN BE A VERY NEGATIVE PRINT. CAN EXPECT -5,-7,-10.

Spoos closed at 2084.50 (basis Dec)

K+3 = 2087.50

K-3 = 2081.50

Conclusion

We have 2 KHC-3 & 1 KHC-5 SYSTEMS in play.

We have a KTB DAY11 in play.

Plan your trade, trade your plan!

[Khalsa]

I like the systems for tomorrow.

I like SPX 5D.

However all dips are bought until my supports posted intra day break.

It’s getting annoying for sure but until the KTB negates its all futile.

Plan your trade, trade your plan!

[Qman]

Systems done with a -6.5, no doubt onwards and upwards from here, see you later guys

[Qman]

Ps time still GMT +1

[Khalsa]

Thanks Q. The time is now corrected.

Waiting for Europe to open to see if we can get an early high.

Plan your trade, trade your plan!

[Khalsa]

Just read the Fed statement from yesterday. What a total load of Pollux. Utter made up nonsensical rubbish.

Plan your trade, trade your plan!

[Khalsa]

GDP numbers coming now

Plan your trade, trade your plan!

[Khalsa]

crooks expected 1.5% GDP

Crooks got 1.5% GDP.

Reaction?

None other than buy’em!

Plan your trade, trade your plan!

[Khalsa]

The SYSTEM to watch in RTH will be SYSTEM SPX 5D

Plan your trade, trade your plan!

[Khalsa]

Its heart wrenching to even watch this same old, same old.

WCB straight out of the gate.

Onwards and upwards.

SPX 5D still has hope but it needs to be contained.

Lets see what happens at the gap fill.

Plan your trade, trade your plan!

[Khalsa]

For now contained. SPX never went positive.

So now in theory we should print a -7/-10 on SPX.

Plan your trade, trade your plan!

[MAURITIUS]

Hmmm did get positive just and nearly is again…

with silver down and Falklands Oil shares -40% not a good day here…. ?

[MAURITIUS]

Think  I need a zerohedge, prudentbear.com,  Marc Faber mega mix video to help me here….

[Author]

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