TUESDAY 04/10/2016 SYSTEMS & INTRADAY

[Khalsa]

SYSTEMS FOR TUESDAY 4TH OCTOBER 2016

Hi all,

Recap ….

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

I have 1 short in Silver, 10 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.
TODAY IS DAY13.

KTS
We have a KTS5 triggered at close on 09/09/2016.
It is now negated after DAY4.

SYSTEM BDIP
We have a Borderline BDIP triggered at close on 28/09/2016.
TODAY IS DAY4.

DAY1… We got a low of -25.75.
DAY2… We got a low of -13.00.
DAY3… We got a low of -13.75.
DAY4…

DDUD
NONE IN PLAY.

SYSTEMS TRIGGERED

ESL4 ND
IF IT CAN GET BELOW A -3, THEN IT CAN BE A DDDD

SYSTEM 81A ND (KHC+5)
CAN BE A DDUD PRINT ALSO

ESC
CAN GET A +3 BUT SHOULD GET A -3. CHANCES OF -5, -7, -10

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 70 (KHC +3)
USUALLY GIVES +3

Spoos closed at 2153.50 (basis Dec)

K+3 = 2156.50

K-3 = 2150.50

Conclusion

We have 1 KHC+3 & 1 KHC+5 SYSTEMS in play.

We have a Borderline BDIP DAY4 & KTB2 DAY13 in play.

Plan your trade, trade your plan!

[Khalsa]

The borderline BDIP has given us a -13 every day except the dipsters just keep on buying the dip.

Sadly the more it does this, the more its basing for a move up to 2200 for starters.

I must say that I expected it to be 2100 before it can be 2200. It can still go down, but it needs to start today.

Plan your trade, trade your plan!

[Khalsa]

Oh dear that 8am move looks horrible, spike down and then BUY’EM.

That may set the tone.

Plan your trade, trade your plan!

[Khalsa]

I do hope I am right and 2100 before any 2200.

However its back at that 2140 support now and it needs to break down

Plan your trade, trade your plan!

[Khalsa]

Yeehaa finally closed my silver bet.

If you all remember I had a target of 1800.

Its been to 1773.75 today but I closed at 1789.

It was from 1838.50 as posted so has banked me a very healthy profit.

Very pleased with that.

Still have Bonds to perform and ofcourse the indices.

Very tempted to long Soyabeans here at 963.

Plan your trade, trade your plan!

[Khalsa]

I really do not want to celebrate but this has finally turned on a dime today. Thats the material for a CIT.

However until 2040 area breaks down, nothing to get excited about sadly.

 

Plan your trade, trade your plan!

[Khalsa]

So far, so SD.

Intraday resistance now at 2144.

Support 2135/7.

Below that we see a 212x print and that opens up mr 2100 area

Plan your trade, trade your plan!

[Author]

Posts