WEDNESDAY 23/11/16 SYSTEMS AND INTRADAY

[Khalsa]

SYSTEMS FOR WEDNESDAY 23RD NOVEMBER 2016

Hi all,

Recap ….

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

I have 1 short on Dow, 8 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.
It is now negated after DAY18.

KTS
We have a NEW KTS triggered at close on 16/11/2016.
TODAY IS DAY5.

SYSTEM BDIP
We have a BDIP triggered at close on 14/11/2016.
It is now negated after DAY4.

DAY1… We got a low of -2.50.
DAY2… We got a low of -10.50.
DAY3… We got a low of -1.00.
DAY4… We got a low of -7.75.

DDUD
We have a DDUD triggered at close on 01/11/2016.
It is now negated after DAY12.

SYSTEMS TRIGGERED

ESL1 NEXT DAY
GOOD CHANCE OF A -3

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.

SYSTEM 70 (KHC +3)
USUALLY GIVES +3

SYSTEM 93

SYSTEM 134 (KHC-5)

Spoos closed at 2200.25 (basis Dec)

K+3 = 2203.25

K-3 = 2197.25

Conclusion

We have 1 KHC+3 & 1 KHC-5 SYSTEMS in play. Any GAP UP open should fill the same day as per ES3 & ES10.

We also have a KTS DAY5 in play.

Plan your trade, trade your plan!

[MAURITIUS]

I’m calling my MP about this market. I spoke to Telephone Man and that is what he advised.

Except I haven’t got one at the moment as Zac Goldsmith resigned over Heathrow.   Darn mustards!

[MAURITIUS]

Pound fell and ftse rallied 20% off brexit lows.

Dollar rallies and spoos up nearly 10% off Trump lows.

 

[Khalsa]

The Mad Mode grind continues although in hindsight when we look at it once again presidential year in the US was bullish although with Brexit low and Trump low any long positions would have been savaged and stopped out overnight.

THE hope remains that we are close to a Cit again and my plan is for a good dip pre December expiry, now that 2200 has hit.

The problem is that with fiscal stimulus now coming the markets look like they may want 2400 spx and 20000 Dow, how fiscal stimulus will bring hyper inflation imo and higher rates, which will definitely burst many bubbles.

Plan your trade, trade your plan!

[smashie212]

Kman

we got your gold dump.

In hindsight we’ll be calling it the thanksgiving low..

[Khalsa]

Absolutely Smashie. This is my cue. I will be longing Gold and Silver today on further weakness tonight.

THE market really has become a game of patience. Scalping is no longer the game.

At some point I will be interested in longing the pound and euro but we are no way near that yet.

Bonds remain a stellar short and grains a long

Plan your trade, trade your plan!

[Khalsa]

Long Silver 1620.5

Long Gold 1183.2

Plan your trade, trade your plan!

[Khalsa]

In the meantime Mad Mode continues in the Indices

Plan your trade, trade your plan!

[Qman]

Joined you on the Silver long @16.33 (Mar)

[MAURITIUS]

Precious metals mustards…

[Author]

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