WEDNESDAY 25/11/15 SYSTEMS AND INTRADAY

[Khalsa]

SYSTEMS FOR WEDNESDAY 25TH NOVEMBER 2015

Hi all,

Recap ….

Intraday wise …. I banked 0 points in Spoos 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 16/11/2015.
It is now negated after DAY4.

KTS
We have a KTS triggered at close on 20/11/2015.
TODAY IS DAY3.

SYSTEM BDIP
We have a BDIP triggered at close on 16/11/2015.
It is now negated after DAY4.

DAY1… We got a low of -6.50.
DAY2… We got a low of -6.00.
DAY3… We got a low of -4.00.
DAY4… We got a low of -3.25.

We have a BDIP triggered at close on 18/11/2015.
It is now negated after DAY4.

DAY1… We got a low of -4.00.
DAY2… We got a low of -3.25.
DAY3… We got a low of -10.50.
DAY4… We got a low of -18.75.

DDUD
We have a DDUD triggered at close on 18/11/2015.
It is now negated after DAY2.

SYSTEMS TRIGGERED

ESB
SHOULD GET +3 AND -3 BOTH. CAN BE A TRENDING SYSTEM. > +5 SHOULD TREND UP AND < -5 SHOULD TREND DOWN.

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

 

SYSTEM 70 (KHC +3)
USUALLY GIVES +3

SPXB
MORE CHANCE OF POSITIVE THAN NEGATIVE.

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

Spoos closed at 2084.75 (basis Dec)

K+3 = 2087.75

K-3 = 2081.75

Conclusion

We have 1 KHC+3 SYSTEMS in play.

We have a KTS DAY3 in play.

Plan your trade, trade your plan!

[Khalsa]

I am saying very little as it is easy to spook oneself out of shorts when one feels its a topping process.

However I have to agree with Smashie, it certainly looks and feels like an inv h&s but I trust those near a low and not near a high.

Although this allows for a move higher (maybe that thanksgiving move), it looks to me like we are on the cusp of a CIT.

SYSTEMS today are of little help. KTS remains on but BDIP has gone.

Personally unsure of today so will stay put with current positions.

Lets see

 

 

Plan your trade, trade your plan!

[Khalsa]

inv h&s mustard still in play.

we are still in the right shoulder.

Plan your trade, trade your plan!

[MAURITIUS]

Khalsa wrote:

inv h&s mustard still in play. we are still in the right shoulder.

knock the mustard off his bike and send him to a&e

[Khalsa]

I would love this inv h&s to morph into an M instead.  🙂

 

Plan your trade, trade your plan!

[Khalsa]

I am back long in Gold finally at 1070.8.

 

Plan your trade, trade your plan!

[smashie212]

Khalsa wrote:

I am back long in Gold finally at 1070.8.

kman

Do you think a temp bottom in gold is in ?

So many false dawns this year, seasonally a good opportunity  to long here, but undecided..

[Khalsa]

I do think so yes Smashie.

Not sure on Silver though as looking to also build a position there again.

Silver and Gold did me really, really well in the recent last run up and I am hungry for seconds.

Plan your trade, trade your plan!

[MAURITIUS]

Khalsa wrote:

I am back long in Gold finally at 1070.8.

watch this you hoarding mustard!

[MAURITIUS]

Look at the options mate…. 1235 feb call was only 0.9 the other day with Ig Mustard. £90 outlay and for every point over 1235 is £100…. Good if you expect a strong move…. ‘One of these days’….

if if they deflate the mustard some more all you lose is your £90

[Author]

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