- This topic has 13 replies, 3 voices, and was last updated 6 years, 11 months ago by
.
-
Posts
-
SYSTEMS FOR WEDNESDAY 20TH 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.
It is now negated after DAY2. WE ARE ON WATCH FOR A NEW KTS TRIGGER.SYSTEM BDIP
We have a BDIP triggered at close on 20/04/2016.
TODAY IS DAY1.DAY1…
DAY2…
DAY3…
DAY4…We have a BDIP triggered at close on 13/04/2016.
It is now negated after 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 got a low of -2.00.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
ESL1 NEXT DAY
GOOD CHANCE OF A -3Spoos closed at 2093.75 (basis Jun)
K+3 = 2096.75
K-3 = 2090.75
Conclusion
We have NO KHC SYSTEMS in play.
We have a BDIP DAY1 in play.
Plan your trade, trade your plan!
A third KTS usually triggers on a big down day.
The plan is coming together.
Maybe a KTS pop and drop next.
Still on target for a good top in 1-2 days.
Plan your trade, trade your plan!
Systems drying up is yet another clue too
Plan your trade, trade your plan!
Good Morning Captain and all SAt SRi akal ji
On 4/19, the new Chinese Yuan is supposed to hit the market as a secondary world reserve currency. The Yuan is currently backed by Gold, in contrast to the US dollar which is backed by nothing, but the withering good faith of the US Government.
The Chinese are not allowing US Dollar exchanges for the Yuan, because they do not want more worthless US dollars for their gold backed currency
However, the US currently has, on paper at least, 8 x the amount of gold reserves as China; 1054 tonnes vs 8133.5 tonnes.
Will this force the US to start a new currency which is backed by Gold for international trade in order to shore up the confidence in the US dollar, or are we watching the end of the US financial dominance because our do and good for nothing representatives are doing nothing about this situation they have known about for years.
New production of Gold are used by Chinese to pay their debts. What they pull out of the ground belongs to the government. In the US, what we pull out of the ground belongs to the corporations who do the pulling and does nothing for the country.
Small droplets of rain turn into Rivers, Streams and Mighty Oceans
Brilliant news story Z. Explains what is happening to the USD and commodities currently. Thanks
Plan your trade, trade your plan!
The clue will be Europe and for now its really holding on.
ES has been to -7/-10/-13 many times with BDIP and KTS but just bounces back and it looks like Europe is expecting the same again today.
Plan your trade, trade your plan!
Wow Smashie, looks good and todays behaviour confirms the same too (ie. Euphoric buy, buy, buy)
Plan your trade, trade your plan!
They can do what they want and scare me however much they want.
Short 2099.75.
I have been patient in adding to shorts but it starts now
Plan your trade, trade your plan!
To make money on this short today is probably impossible given that up days are SU and close at highs.
Lets see where we are at close and I can short again if need be
Plan your trade, trade your plan!
Looks a bit wedgy upto 2100.
I might have got a goodun there.
Alot depends now on the 6.30pm and 7.30pm turn time.
My top idea was tomorrow, so lets see
Plan your trade, trade your plan!
These mustards just really are not letting it drop. Buying every minute dip. Total nuts and seen it before. If I am wrong so be it, but its rare I am when I see a plan.
Charts do not say anything about down.
My observation reasons tell me otherwise.
Plan your trade, trade your plan!
- You must be logged in to reply to this topic.