WEDNESDAY 05/10/16 SYSTEMS AND INTRADAY

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  • October 4, 2016 at 21:39 #24063
    Khalsa
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      SYSTEMS FOR WEDNESDAY 5TH OCTOBER 2016

      Hi all,

      Recap ….

      Intraday wise …. I banked 49.5 points in Silver today.

      I have 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 DAY14.

      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.
      It is now negated after 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… We got a low of -17.50.

      DDUD
      NONE IN PLAY.

      SYSTEMS TRIGGERED

      ESH1 NEXT DAY (KHC+3)
      USUALLY GIVES +3, IF IT GAPS DOWN THEN IT CAN GIVE A DDDD AND THEN BOUNCE AND MAKES A +3 LESS LIKELY

      ESH2 (KHC+3)
      CAN GIVE +3,+5,+7,+10. HOWEVER FAILURE TO PRINT +3 USUALLY RESULTS IN DOUBLE DIGIT DOWN DAY. DOES NOT USUALLY CLOSE AT HIGHS.

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

      SYSTEM SPXE
      MORE DOWNSIDE THAN UPSIDE, CHANCES OF -4,-7, THE CLUE TO A DOWN IS SPX TRADING NOT MORE THAN +3, SPX TRADING > +3 GIVES CHANCE TO A POSITIVE CLOSE. IF SPX DOES NOT TRADE MUCH NEGATIVE IT CAN BE A SU SYSTEM BUT DOES NOT CLOSE AT HIGHS.

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

      Spoos closed at 2144.75 (basis Dec)

      K+3 = 2147.75

      K-3 = 2141.75

      Conclusion

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

      We have a KTB2 DAY14 in play.

      Plan your trade, trade your plan!

      October 5, 2016 at 14:40 #24065
      smashie212
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        payrolls on 7th, maybe yesterday was a false low, to buy up into friday ?

        October 5, 2016 at 15:53 #24066
        Khalsa
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          No GFS for today.

          Navnit

          Plan your trade, trade your plan!

          October 5, 2016 at 19:44 #24067
          Khalsa
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            So far once again NO GFS is right.

            Need to get below 2150 now to get back to 2140/3

            above 2157 is a worry

            Plan your trade, trade your plan!

            October 5, 2016 at 19:45 #24068
            Khalsa
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              smashie212 wrote:

              payrolls on 7th, maybe yesterday was a false low, to buy up into friday ?

              Yes back to that again.

              Patience is easier said than done

              Plan your trade, trade your plan!

              October 5, 2016 at 21:27 #24069
              smashie212
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                Khalsa wrote:
                smashie212 wrote:

                payrolls on 7th, maybe yesterday was a false low, to buy up into friday ?

                Yes back to that again. Patience is easier said than done

                Should still get that dip in early OCT before new highs

                Image result for election year chart

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