TUESDAY 19/04/2016 SYSTEMS & INTRADAY

[Khalsa]

SYSTEMS FOR TUESDAY 19TH APRIL 2016

Hi all,

Recap ….

Intraday wise …. I banked 0 points 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 30/03/2016.
It is now negated after DAY6.

KTS
We have a KTS triggered at close on 15/04/2016.
TODAY IS DAY2.

SYSTEM BDIP
We have a BDIP triggered at close on 13/04/2016.
TODAY IS DAY4.

DAY1… We got a low of -7.50.
DAY2… We got a low of -7.50.
DAY3… We got a low of -16.50.
DAY4…

We have a BDIP triggered at close on 12/04/2016.
It is now negated after DAY4.

DAY1… We got a low of -2.00.
DAY2… We got a low of -7.50.
DAY3… We got a low of -7.50.
DAY4… We got a low of -16.50.

DDUD
We have a DDUD triggered at close on 05/04/2016.
It is now negated after DAY6.

SYSTEMS TRIGGERED

SYSTEM ESF
CAN BE A TRENDING DAY. IF NO +3 AND THEN IT TRADES <-4, IT CAN THEN TREND DOWN. LIKEWISE IF NO -3 AND THEN IT TRADES >+4, IT CAN THEN TREND UP.

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 SPXF
MORE CHANCE OF A +3 THAN A -3. IF SPX GAPS DOWN THEN IT USUALLY NEGATES THE POSITIVE CALL AND CAN BE A NEGATIVE SYSTEM

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 2086.75 (basis Jun)

K+3 = 2089.75

K-3 = 2083.75

Conclusion

We have NO KHC SYSTEMS in play.

We have a BDIP DAY4 & KTS DAY2 in play.

Plan your trade, trade your plan!

[Khalsa]

Not sure if the above is good news or bad Dan.

Ie they are meeting for Bad News but will pump the hell as a result of it.

Its not good when it gets like this and somehow they have broken 2080 SPX up again after it started to look like it may break down.

The 10 DMA on SPX has been the clue for me

Plan your trade, trade your plan!

[Khalsa]

DAX up another 200.

FTSE knows better at +30.

Plan your trade, trade your plan!

[Khalsa]

Silver and Gold and Soybean providing me comfort but otherwise this is getting very tedious to watch daily

Plan your trade, trade your plan!

[Khalsa]

Since April 7th DAX has put on 1000 points.

Definitely well deserved

Plan your trade, trade your plan!

[Khalsa]

Right I am pretty sure we do a top within 1-2 days from here.

Everything I see is lining up for that

Plan your trade, trade your plan!

[Khalsa]

Well I have seen enough now. It only wants up.

DAX up 231 now.

USD/JPY flying and causing all this.

ES just happily going up and up and up and up

I will; check in later

Plan your trade, trade your plan!

[Khalsa]

I decided to come back. Its why its going back up now lol.

OK no seriously, KAIS could flip short again soon.

Once again the Jigsaw is completing.

Sadly KTS will negate at close at this rate but we are on trigger for a 3rd KTS then.

Seen this before, its how MAD MODE ends.

I remain of the view of a good top within 1-2 days.

So thats ideally mid point tomorrow but maybe Thursday.

 

Plan your trade, trade your plan!

[Khalsa]

My total saving grace this year was longing oil and then closing out and putting all that into Soybeans. Soybeans have been going nuts lately.

Today Silver and Gold took off too.

I am now keen to start adding to my indices shorts and will be doing so.

Plan your trade, trade your plan!

[Khalsa]

Intel is cutting 11000 Jon’s

That’s 11% of its employees. Yikes!

Buyem

Plan your trade, trade your plan!

[Author]

Posts