THURSDAY 29/12/2016 SYSTEMS & INTRADAY

[Khalsa]

SYSTEMS FOR THURSDAY 29TH DECEMBER 2016

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 15/09/2016.
It is now negated after DAY18.

KTS
We have a NEW KTS5 triggered at close on 28/12/2016.
TODAY IS DAY1.

SYSTEM BDIP
We have a Borderline BDIP triggered at close on 13/12/2016.
It is now negated after DAY4.

DAY1… We got a low of -24.75.
DAY2… We got a low of -4.75.
DAY3… We got a low of -9.00.
DAY4… We got a low of -1.25.

We have a Borderline BDIP triggered at close on 09/12/2016.
It is now negated after DAY4.

DAY1… We got a low of -8.75.
DAY2… We got a low of -2.75.
DAY3… We got a low of -24.75.
DAY4… We got a low of -4.75.

DDUD
We have a DDUD triggered at close on 01/11/2016.
It is now negated after DAY12.

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

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

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

Spoos closed at 2245.25 (basis Mar)

K+3 = 2248.25

K-3 = 2242.25

Conclusion

We have 1 KHC+3 SYSTEMS in play.

We have a KTS5 DAY1 in play.

Plan your trade, trade your plan!

[Author]

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