WEDNESDAY 25/05/16 SYSTEMS AND INTRADAY

[Khalsa]

SYSTEMS FOR WEDNESDAY 25TH MAY 2016

Hi all,

Recap ….

Intraday wise …. I banked 0 points today.

I have 1 Short in Ftse, 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 16/05/2016.
It is now negated after DAY3.

KTS
We have a KTS triggered at close on 20/05/2016.
TODAY IS DAY3.

SYSTEM BDIP
We have a BDIP triggered at close on 16/05/2016.
It is now negated after DAY4.

DAY1… We got a low of -26.00.
DAY2… We got a low of -13.50.
DAY3… We got a low of -20.50.
DAY4… We got a low of -1.50.

DDUD
We have a DDUD triggered at close on 04/05/2016.
TODAY IS DAY15.

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.

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 70 (KHC +3)
USUALLY GIVES +3

SYSTEM 72 (KHC +3)
SHOULD GET +3,+5 POSSIBLY MORE. DOWNSIDE USUALLY LIMITED TO -5.

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

SPX4A

Spoos closed at 2075.50 (basis Jun)

K+3 = 2078.50

K-3 = 2072.50

Conclusion

We have 3 KHC+3 SYSTEMS in play.

We have a KTS DAY3 & DDUD DAY15 in play.

Plan your trade, trade your plan!

[Khalsa]

When I look at yesterday and I see Tick was not that high, Trin was high, A nightmare WCB from hell (+30) and on top of that the only real news I see is another Greek bailout, I think to myself what a complete and utter silly move.

It is +5 already and when it gets like this we know it can put on 50-70 or 70-100 or even 130 points up.

I am thankful and grateful that all shorts I closed recently I did not put back on.

Plan your trade, trade your plan!

[Khalsa]

Another WCB spike to a +10 and the day has not even started yet.

They are going for the kill.

 

 

Plan your trade, trade your plan!

[Qman]

Looking just like yesterday so far. Suppose we’re in for another SU +30 day.

 

[Qman]

DAX up 4% in 1 day and 3 hours…..lol

[Khalsa]

Suddenly TRIN is 0.58 today now.

It really is back in MAD MODE with a vengeance.

Plan your trade, trade your plan!

[Qman]

All afternoon to slowly drift down a massive 6 points – then BANG…..up we go again

[Qman]

Greeks after more dosh.

They will be repaying existing bailouts until 2059…….

[Author]

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