SYSTEMS FOR WEDNESDAY 4TH OCTOBER 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 28/09/2017.
TODAY IS DAY4.
SYSTEM BDIP
We have a BDIP triggered at close on 03/10/2017.
TODAY IS DAY1.
DAY1…
DAY2…
DAY3…
DAY4…
SYSTEMS TRIGGERED
SYSTEM ES3
SHOULD GET -3. UPSIDE AND DOWNSIDE UNSUSTAINABLE. LOWS TRADED SHOULD BE LOWER THAN HIGH TRADED, SHOULD NOT CLOSE AT HIGHS, IF WE TRADE < -3 CHANCE OF -7, -10.
ES10
DOJI DAY WITHIN A 8 POINT RANGE AND TOWARDS -VE BIAS. ANY GAP UP OPEN SHOULD FILL THE SAME DAY.
ES15A
SHOULD GIVE A -3
ES19A
ES96
UPSIDE USUALLY CONTAINED TO A +3, ANYMORE IS UNSUSTAINABLE, USUALLY GIVES -3 AS A MINIMUM
SYSTEM 131 (KHC-3)
SHOULD GET A -3/-4
SYSTEM SPX3
SHOULD GET -3/-5. IF SPX TRADES < +3 HIGH THEN CHANCE OF TRENDING DOWN
SPX 10A
Does not close near highs or lows
SPX20
SPX96 (KHC-3)
MORE DOWNSIDE THAN UPSIDE, NORMALLY GIVES A MINIMUM OF -3 BUT OFTEN GIVES -5,-7, GOOD CHANCE OF -VE CLOSE, CHANCE OF A GAP DOWN OPEN, THEN TRENDING DOWN DAY, UPSIDE NOT VERY SUSTAINABLE.
Spoos closed at 2532.75 (basis Dec)
K+3 = 2535.75
K-3 = 2529.75
Conclusion
We have 2 KHC-3 SYSTEMS in play for today. Any GAP UP Open should be filled the same day as per SYSTEM ES3 & ES10.
We have a BDIP DAY1 & KTS DAY4 in play.
Plan your trade, trade your plan!