CLEARBOXTM Trading Systems
CLEARBOXTM http://www.jsservices.com/Clearbox/ClearboxIntro.wmv
CLEARBOXTM Trading Systems are transparent automated trading strategies. They are automated strategies in which you understands the developer’s criteria and can run strategies that best fit your trading plan.
A portfolio of unique transparent buy and sell strategy templates are made available that look to capture opportunity in specific market conditions and context. The CLEARBOXTM approach is a directed trade assist tool that provides hard entry and exit criteria with user's discretionary position and risk management.
The CLEARBOXTM Trading Systems are designed to provide an actionable knowledge based solution for both the professional and self-directed traders. The systems are completely automated but are meant to be used as a trading tool and to be piloted by a trader, not run as a “Blackbox”. Traders are advised to take either a Basic Money Management or Advanced Position Management approach when running the strategies. The strategies can be optimized using JS Services Price Map chart overlay to enhance position and risk management of the systems.
Markets currently available are SP500, EuroStoxx, BUND, 30YR T-Bond, GOLD, EuroFX.Coming soon: 10YR T-Note, DAX, ND100, EURUSD, GBPUSD, USDJPY
For more information please contact info@clearboxtrading.com
JS
Identifying MARKET STATE, STRUCTURE and STRATEGY solutions
Wednesday, December 23, 2009
Monday, December 21, 2009
USDJPY - PRESSING THE POSITIVE TURNING POINT
FOREX - USDJPY ** NEUTRAL POSITIVE EXTREME **
The MKT is pressing the upper edge of its neutral digestion at the 9164 resistance pivot and will need to generate a positive push today if it is to avoid falling back into a corrective trade.
On the Sell side REVERSAL strategies off the 9164 and 9241 levels will work best as any false positive signal is expected to provide a sharp negative reaction. FADE strategies off the 9164 level are valid but will work better after the 2nd or 3rd press into an area. BREAKOUT below the 9010 support Inflection Pivot are a lower probability and should be used as a signal for a FADE strategy against the 9087 Directional resistance.
On the Buy side FADE and REVERSAL strategies are recommended off the 9087 and 9010 pivotal levels, especially if the previous session low point remains intact. BREAKOUT strategies above 9164 should hold structure after a resistance breach if they are going to follow through targeting 9318 and 9434. Any break in momentum and the market will be vulnerable to drop back into a digestive trade.
Note: The MKT may need a session or two to catch its breath. Keep an open mind and let the MKT tell you was is.
JS
This post supports the Strategy Based Trading, which is a methodology that focuses on the applied strategy verses a specific market. The approach looks to align strategies with markets whose current technical behavior matches the strategies criteria. Please review the following CME sponsored tutorial for a complete overview of this approach.
STRATEGY BASED TRADING Reviewhttp://progressive.powerstream.net/008/00102/edu/interactive/js_services/strategy_based_trading/index.html
For more information please contact me at info@jsservices.com. You can also visit http://www.jsservices.com/.The Inflection Pivot levels are available as a chart overlay on the following platforms; Ninja trader, Strategy Runner and eSignal. Sign up for a Complimentary FREE Trial.
The MKT is pressing the upper edge of its neutral digestion at the 9164 resistance pivot and will need to generate a positive push today if it is to avoid falling back into a corrective trade.
On the Sell side REVERSAL strategies off the 9164 and 9241 levels will work best as any false positive signal is expected to provide a sharp negative reaction. FADE strategies off the 9164 level are valid but will work better after the 2nd or 3rd press into an area. BREAKOUT below the 9010 support Inflection Pivot are a lower probability and should be used as a signal for a FADE strategy against the 9087 Directional resistance.
On the Buy side FADE and REVERSAL strategies are recommended off the 9087 and 9010 pivotal levels, especially if the previous session low point remains intact. BREAKOUT strategies above 9164 should hold structure after a resistance breach if they are going to follow through targeting 9318 and 9434. Any break in momentum and the market will be vulnerable to drop back into a digestive trade.
Note: The MKT may need a session or two to catch its breath. Keep an open mind and let the MKT tell you was is.
JS
This post supports the Strategy Based Trading, which is a methodology that focuses on the applied strategy verses a specific market. The approach looks to align strategies with markets whose current technical behavior matches the strategies criteria. Please review the following CME sponsored tutorial for a complete overview of this approach.
STRATEGY BASED TRADING Reviewhttp://progressive.powerstream.net/008/00102/edu/interactive/js_services/strategy_based_trading/index.html
For more information please contact me at info@jsservices.com. You can also visit http://www.jsservices.com/.The Inflection Pivot levels are available as a chart overlay on the following platforms; Ninja trader, Strategy Runner and eSignal. Sign up for a Complimentary FREE Trial.
Thursday, December 17, 2009
CORN H'10 - NEUTRAL NEGATIVE EXTREME
** NEUTRAL NEGATIVE EXTREME **
Technically the MAR'10 CORN market is at an extreme and is ready to either pop back into a firm neutral posture or break into a new down trend. Key off the 397-6 Inflection Pivot for an indication of the session tone.
On the SELL side BREAKOUT strategies below 391-2 should be worked as repeated tests of support are expected to give way to negative follow through. This strategy is vulnerable to the market, expanding its lower support band in a series of starts and stops. FADE strategies against 397-6 and 404-2 should expect an immediate reaction as any held trade or violation of major resistance foreshadows a potential turning point and an opportunity to "roll" into a long position when stopped out.
On the BUY side FADE and REVERSAL strategies off the 391-2 support pivot are qualified, however the FADE is a lower probability. REVERSALS off of this support can risk more but should also go for more profit with the expectation of a turning point "key reversal" signal to play out. BREAKOUT strategies above 404-2 are aggressive and should just "go" and not look back. Risk less and go for more. A laborious lackluster rise after a positive breakout is a sign that the MKT is more likely expanding its resistance lid for a new consolidation versus transition from negative to positive technical posture.
JS
Technically the MAR'10 CORN market is at an extreme and is ready to either pop back into a firm neutral posture or break into a new down trend. Key off the 397-6 Inflection Pivot for an indication of the session tone.
On the SELL side BREAKOUT strategies below 391-2 should be worked as repeated tests of support are expected to give way to negative follow through. This strategy is vulnerable to the market, expanding its lower support band in a series of starts and stops. FADE strategies against 397-6 and 404-2 should expect an immediate reaction as any held trade or violation of major resistance foreshadows a potential turning point and an opportunity to "roll" into a long position when stopped out.
On the BUY side FADE and REVERSAL strategies off the 391-2 support pivot are qualified, however the FADE is a lower probability. REVERSALS off of this support can risk more but should also go for more profit with the expectation of a turning point "key reversal" signal to play out. BREAKOUT strategies above 404-2 are aggressive and should just "go" and not look back. Risk less and go for more. A laborious lackluster rise after a positive breakout is a sign that the MKT is more likely expanding its resistance lid for a new consolidation versus transition from negative to positive technical posture.
JS
This post supports the Strategy Based Trading, which is a methodology that focuses on the applied strategy verses a specific market. The approach looks to align strategies with markets whose current technical behavior matches the strategies criteria. Please review the following CME sponsored tutorial for a complete overview of this approach.
STRATEGY BASED TRADING Reviewhttp://progressive.powerstream.net/008/00102/edu/interactive/js_services/strategy_based_trading/index.html
For more information please contact me at info@jsservices.com. You can also visit http://www.jsservices.com/.The Inflection Pivot levels are available as a chart overlay on the following platforms; Ninja trader, Strategy Runner and eSignal. Sign up for a Complimentary FREE Trial.
Wednesday, December 16, 2009
EuroStoxx H'10 - BULL TREND ACCELERATION
** BULL TREND ACCELERATION **
Technically the MKT is in a BULL TREND ACCELERATION posture and has produced a big positive signal. The MKT should maitain a trade above the 2883 Inflection Pivot and "run" to a new level if the signal is valid.
On the SELL side REVERSAL strategies can be executed at the 2971 and 3076 resistance levels following an exhaustive signal. Expectations should be for an immediate exhaustive turn with the MKT quickly moving away from the area. A gradual decline following a reversal signal and it is more likely just a pause before another round of buying, so lock in any unrealized gains. SELL FADE strategies against 2953 and 2971 have potential but wait for repeated tests, with the best opportunity not violating the resistance level. Consider rolling long on any stops with this strategy. SELL BREAKOUT strategies below 2883 are not recommended but can be used as a signal for a FADE against Directional resistance.
On the BUY side accept FADE, REVERSAL and BREAKOUT strategies above the 2883 Inflection Pivot. BREAKOUT strategies above 2953 early in the session may have issues holding structure, so respect any break in momentum. BUY FADE strategies off 2883 are recommended over REVERSAL strategies as the MKT is expected to hold higher structure and any failure should be considered a potential negative corrective shift. The MKT is aggressively bid which should keep pace throughout the session if the TREND ACCELERATION forecast is going to play out.
Note: The worst-case scenario for a MKT in this technical position is to go higher early in the session and then break all day. Be alert and recognize this. If you have > 3 loser long trades, consider taking the next sell signal, anticipating a corrective turn. Remember in this technical position if the MKT is going higher, it should just go. If not, there is the potential for a corrective break or digestive trading environment.
JS
For more information please contact me at info@jsservices.com. You can also visit http://www.jsservices.com/.The Inflection Pivot levels are available as a chart overlay on the following platforms; Ninja trader, Strategy Runner and eSignal. Sign up for a Complimentary FREE Trial.
Tuesday, December 15, 2009
Australian Dollar H'10 - NEGATIVE SHIFT
** NEUTRAL NEGATIVE EXTREME **
The MAR'10 AUSTRALIAN DOLLAR futures contract is on the offer and pressing into the lower extreme for its current digestive pattern and remains on edge below the 9015 Inflection Pivot.
On the SELL side accept REVERSAL strategies over FADE within the 9015-8988 area and 9128 resistance level expecting a return to a trend less trading environment rather than a new negative trend move. Avoid BREAKOUT strategies below 8881 and 8812 but rather FADE into a positive reaction after a negative breakdown signal. The MKT is extended and will have trouble sustaining any new weakness. Use aggressive position management and anticipate potential early exit points to reduce profit give-back.
On the BUY side FADE and REVERSAL strategies off the 8881 and 8812 major support base are qualified however the FADE is a lower probability and should use tight risk criteria. REVERSALs can risk more but should also go for more profit with the expectation of the MKT putting in a short term turning point signal. BREAKOUT strategies above 9015 are aggressive and should just "go" and not look back. Risk less, use aggressive position management and conservative profit limits.
Note: The MKT is in neutral at a technical extreme. Early weakness has the potential to be a good positive REVERSAL opportunity so have a plan and be prepared on any major support failures that happen at the beginning of the session. Remember as well that just because the MKT is extended to the downside does not mean it can get more extended, targeting just below where you would put your stop on any longs.
JS
For more information please contact me at info@jsservices.com. You can also visit http://www.jsservices.com/.The Inflection Pivot levels are available as a chart overlay on the following platforms; Ninja trader, Strategy Runner and eSignal. Sign up for a Complimentary FREE Trial.
Monday, December 14, 2009
NAT GAS - POSITIVE TRANSITION
** JAN'10 NAT GAS - NEUTRAL TRANSITION **
The MKT is in a NEUTRAL TRANSITION technical posture with the potential for a positive turn. Opportunity exists on both sides however there is a better chance of acceleration to the upside if the integrity of the 5.134 Inflection Pivot remains intact.
On the SELL side avoid FADE strategies until after the 5.134 level has been broken to confirm a shift in momentum. Until then a better opportunity will be a REVERSAL strategy but only off the 5.440 resistance level. This is a one shot trade using a low risk big profit target criteria. The idea is that the transition trade is over and a negative shift back into a NEUTRAL DIGESTION is expected. SELL BREAKOUT strategies under 5.134 can be profitable but they are aggressive and should use the same aggressive position management as a REVERSAL. Risk less go for more.
On the BUY side accept BREAKOUT, FADE and REVERSAL strategies with the expectation that the current negative to positive transition will continue. Keep aggressive position management on BREAKOUT strategies above 5.440 as the MKT is still in the neutral zone and has yet to commit to a new trend. A more conservative strategy would be to wait for negative reactions after a positive signal to FADE against 5.287 or 5.134. The trade should be fluid with the MKT immediately taking back lost ground after any downside squeeze.
Note: The MKT is trying to shift from a negative to a positive trend position. False starts and stops should be expected and position management adjustment anticipated, as quick momentum turns are the norm in this technical environment.
JS
The MKT is in a NEUTRAL TRANSITION technical posture with the potential for a positive turn. Opportunity exists on both sides however there is a better chance of acceleration to the upside if the integrity of the 5.134 Inflection Pivot remains intact.
On the SELL side avoid FADE strategies until after the 5.134 level has been broken to confirm a shift in momentum. Until then a better opportunity will be a REVERSAL strategy but only off the 5.440 resistance level. This is a one shot trade using a low risk big profit target criteria. The idea is that the transition trade is over and a negative shift back into a NEUTRAL DIGESTION is expected. SELL BREAKOUT strategies under 5.134 can be profitable but they are aggressive and should use the same aggressive position management as a REVERSAL. Risk less go for more.On the BUY side accept BREAKOUT, FADE and REVERSAL strategies with the expectation that the current negative to positive transition will continue. Keep aggressive position management on BREAKOUT strategies above 5.440 as the MKT is still in the neutral zone and has yet to commit to a new trend. A more conservative strategy would be to wait for negative reactions after a positive signal to FADE against 5.287 or 5.134. The trade should be fluid with the MKT immediately taking back lost ground after any downside squeeze.
Note: The MKT is trying to shift from a negative to a positive trend position. False starts and stops should be expected and position management adjustment anticipated, as quick momentum turns are the norm in this technical environment.
JS
For more information please contact me at info@jsservices.com. You can also visit http://www.jsservices.com/.The Inflection Pivot levels are available as a chart overlay on the following platforms; Ninja trader, Strategy Runner and eSignal. Sign up for a Complimentary FREE Trial.
Saturday, December 12, 2009
FOREX - EURGBP - BEAR TREND ACCEELRATION SIGNAL
Technically the EURGBP is in a BEAR TREND ACCELERATION position and is vulnerable to the offer. Any positive corrective action is expected to be short lived with only one upside "stop squeeze" if the negative moemtnum is going to play out. Any held strength and repeated probe higher is a sign that the trade will turn digestive. This does not take away from the negative bias but does limit the profit potential for any new sales in the session.
Key off the 9021 Inflection Pivot for an indication of the session tone and confirmation of the negative signal.
On the SELL side accept FADE, REVERSAL and BREAKOUT strategies against the 9021 Inflection Pivot and below the Friday's high at 9071. BREAKDOWN strategies should just "go" BELOW 8978, so do not risk much. FADE strategies are recommended over REVERSAL strategies as the MKT is expected to hold lower structure and any momentum shift should be considered a potential positive corrective turn.
On the BUY side avoid REVERSAL strategies off major support levels as these signals are more likely short squeeze rallies and opportunities to SELL into and FADE. BREAKOUT strategies above the 9021 are aggressive as it is a counter trend trade, so risk less and use smaller size. Any BUY FADE should have confirmation and are not recommended if the integrity of the 9021 Inflection Pivot level is intact. After a break in the negative structure is confirmed support levels can be used for short term reactions using aggressive position management.
Note: The MKT is in an aggressive sell posture. If the intergrity of the 9021 Inflection Pivot is intact its just a matter of time before the sellers try to overwhelm the MKT. Look for excuses to get short. If the 9021 level is breached opportunity will be on both sides of the MKT, however the bias still rests with the Bears.
Good Trading
JS
Key off the 9021 Inflection Pivot for an indication of the session tone and confirmation of the negative signal.
On the SELL side accept FADE, REVERSAL and BREAKOUT strategies against the 9021 Inflection Pivot and below the Friday's high at 9071. BREAKDOWN strategies should just "go" BELOW 8978, so do not risk much. FADE strategies are recommended over REVERSAL strategies as the MKT is expected to hold lower structure and any momentum shift should be considered a potential positive corrective turn.
On the BUY side avoid REVERSAL strategies off major support levels as these signals are more likely short squeeze rallies and opportunities to SELL into and FADE. BREAKOUT strategies above the 9021 are aggressive as it is a counter trend trade, so risk less and use smaller size. Any BUY FADE should have confirmation and are not recommended if the integrity of the 9021 Inflection Pivot level is intact. After a break in the negative structure is confirmed support levels can be used for short term reactions using aggressive position management.
Note: The MKT is in an aggressive sell posture. If the intergrity of the 9021 Inflection Pivot is intact its just a matter of time before the sellers try to overwhelm the MKT. Look for excuses to get short. If the 9021 level is breached opportunity will be on both sides of the MKT, however the bias still rests with the Bears.
Good Trading
JS
Strategy Based Trading is a methodology that focuses on the applied strategy verses a specific market and looks to align strategies with markets whose current technical behavior matches the strategies criteria. Please review the following CME sponsored tutorial for a complete overview of this approach.
STRATEGY BASED TRADING Reviewhttp://progressive.powerstream.net/008/00102/edu/interactive/js_services/strategy_based_trading/index.html
For more information please contact me at info@jsservices.com. You can also visit http://www.jsservices.com/.The Inflection Pivot levels are available as a chart overlay on the following platforms; Ninja trader, Strategy Runner and eSignal. Sign up for a Complimentary FREE Trial.
Thursday, December 10, 2009
Positive Signal - DOW FUTURES H'10
** BULL TREND ACCELERATION **
Technically the MAR'10 DOW FUTURES is in a BULL TREND ACCELERATION posture and has produced a big positive signal. The MKT should "run" to a new level if the signal is valid.
On the SELL side REVERSAL strategies can be executed at the 10570 and 10686 extremes following an exhaustive signal. Expectations should be for an immediate exhaustive turn with the MKT quickly moving away from the area. A gradual decline following a reversal signal and it is more likely just a pause before another round of buying, so lock in any unrealized gains. SELL FADE strategies against 10416 and 10570 have potential but wait for repeated tests, with the best opportunity not violating the resistance level. Consider rolling long on any stops with this strategy. SELL BREAKOUT strategies below 10262 are not recommended but can be used as a signal for a FADE against Directional resistance at 10339.
Technically the MAR'10 DOW FUTURES is in a BULL TREND ACCELERATION posture and has produced a big positive signal. The MKT should "run" to a new level if the signal is valid.
Key off the 10262 Inflection Pivot as the sentiment bias for this signal.
On the SELL side REVERSAL strategies can be executed at the 10570 and 10686 extremes following an exhaustive signal. Expectations should be for an immediate exhaustive turn with the MKT quickly moving away from the area. A gradual decline following a reversal signal and it is more likely just a pause before another round of buying, so lock in any unrealized gains. SELL FADE strategies against 10416 and 10570 have potential but wait for repeated tests, with the best opportunity not violating the resistance level. Consider rolling long on any stops with this strategy. SELL BREAKOUT strategies below 10262 are not recommended but can be used as a signal for a FADE against Directional resistance at 10339.
On the BUY side accept FADE, REVERSAL and BREAKOUT strategies above the previous session's low point or 10262 Inflection Pivot. BREAKOUT strategies above 10416 early in the session may have issues holding structure, so respect any break in momentum. BUY FADE strategies off 10262 are recommended over REVERSAL strategies as the MKT is expected to hold higher structure and any failure should be considered a potential negative corrective shift. The MKT is aggressively bid which should keep pace throughout the session if the TREND ACCELERATION forecast is going to play out.
Note: The worst-case scenario for a MKT in this technical position is to go higher early in the session and then break all day. Be alert and recognize this. If you have > 3 loser long trades, consider taking the next sell signal, anticipating a corrective turn. Remember in this technical position if the MKT is going higher, it should just go. If not, there is the potential for a corrective break or digestive trading environment.
Good Trading.
JS
For more information please contact me at info@jsservices.com. You can also visit http://www.jsservices.com/.The Inflection Pivot levels are available as a chart overlay on the following platforms; Ninja trader, Strategy Runner and eSignal. Sign up for a Complimentary FREE Trial.
Wednesday, December 9, 2009
CLEARBOX TM - Transparent Automated Trating Systems
An Introduction to CLEARBOXTM Trading Sytems
http://www.jsservices.com/Clearbox/ClearboxIntro.wmv
CLEARBOXTM trading systems are transparent automated trading strategies. Automated strategies in which the trader understands the developer’s criteria and can run strategies that best fit a users trading plan. Traders have a portfolio of unique transparent buy and sell strategy templates that look to capture opportunity in specific market conditions and context. The CLEARBOXTM approach is a directed trade assist tool that provides hard entry and exit criteria with a users discretionary position and risk management.
The CLEARBOXTM Trading Systems are designed to provide an actionable knowledge based solution for both the professional and self-directed traders. The systems are completely automated but are ment to be used as a trading tool and be piloted by a trader not run as a “Blackbox”. Traders are advised to take either a Basic Money Mangement or Advanced Position Management approach when running the strategies. The strategies can be optimized using JS Services Price Map chart overlay to enhance position and risk management of the systems.
Please sign up for my webinar tommorrow Dec 10 AT 10AM CST.
Space is limited.Reserve your Webinar seat now at:http://www.strategyrunner.com/Registration/JSServices/Webinar.htm
JS
For more information please contact me at info@jsservices.com
http://www.jsservices.com/Clearbox/ClearboxIntro.wmv
CLEARBOXTM trading systems are transparent automated trading strategies. Automated strategies in which the trader understands the developer’s criteria and can run strategies that best fit a users trading plan. Traders have a portfolio of unique transparent buy and sell strategy templates that look to capture opportunity in specific market conditions and context. The CLEARBOXTM approach is a directed trade assist tool that provides hard entry and exit criteria with a users discretionary position and risk management.
The CLEARBOXTM Trading Systems are designed to provide an actionable knowledge based solution for both the professional and self-directed traders. The systems are completely automated but are ment to be used as a trading tool and be piloted by a trader not run as a “Blackbox”. Traders are advised to take either a Basic Money Mangement or Advanced Position Management approach when running the strategies. The strategies can be optimized using JS Services Price Map chart overlay to enhance position and risk management of the systems.
Please sign up for my webinar tommorrow Dec 10 AT 10AM CST.
Space is limited.Reserve your Webinar seat now at:http://www.strategyrunner.com/Registration/JSServices/Webinar.htm
JS
For more information please contact me at info@jsservices.com
Tuesday, December 8, 2009
BULL TREND ACCELERATION SIGNAL - Japanese Yen H'10 Futures
** BULL TREND ACCELERATION **
Technically the Mar'10 JAPANESE YEN contract is in a BULL TREND ACCELERATION posture after producing a big positive signal. The MKT should "run" to a new level if the signal is valid.
Key off the 11305 Inflection Pivot for a guide to the session sentiment.
On the SELL side REVERSAL strategies can be executed at the 11494 and 11588 resistance extremes following an exhaustive signal. Expectations should be for an immediate exhaustive turn with the MKT quickly moving away from the area. A gradual decline following a reversal signal and it is more likely just a pause before another round of buying, so lock in any unrealized gains. SELL FADE strategies at 11368 potential but wait for repeated tests, with the best opportunity not violating the resistance level. Consider rolling long on any stops with this strategy. SELL BREAKOUT strategies below 11242 are aggressive, with a better opportunity a FADE against the 11305 Infelction Pivot after a breakdown signal.
On the BUY side accept FADE, REVERSAL and BREAKOUT strategies above the 11179-11164 support area. BREAKOUT strategies above 11368 early in the session may have issues holding structure, so respect any break in momentum. BUY FADE strategies off 11242 are recommended over REVERSAL strategies as the MKT is expected to hold higher structure and any failure should be considered a potential negative corrective shift. The MKT is aggressively bid which should keep pace throughout the session if the TREND ACCELERATION forecast is going to play out.
Note: The worst-case scenario for a MKT in this technical position is to go higher early in the session and then break all day. Be alert and recognize this. If you have > 3 loser long trades, consider taking the next sell signal, anticipating a corrective turn. Remember in this technical position if the MKT is going higher, it should just go. If not, there is the potential for a corrective break or digestive trading environment.
Good Trading.
JS
For more information please contact me at info@jsservices.com. You can also visit http://www.jsservices.com/.The Inflection Pivot levels are available as a chart overlay on the following platforms; Ninja trader, Strategy Runner and eSignal. Sign up for a Complimentary FREE Trial.
Technically the Mar'10 JAPANESE YEN contract is in a BULL TREND ACCELERATION posture after producing a big positive signal. The MKT should "run" to a new level if the signal is valid.
Key off the 11305 Inflection Pivot for a guide to the session sentiment.
On the SELL side REVERSAL strategies can be executed at the 11494 and 11588 resistance extremes following an exhaustive signal. Expectations should be for an immediate exhaustive turn with the MKT quickly moving away from the area. A gradual decline following a reversal signal and it is more likely just a pause before another round of buying, so lock in any unrealized gains. SELL FADE strategies at 11368 potential but wait for repeated tests, with the best opportunity not violating the resistance level. Consider rolling long on any stops with this strategy. SELL BREAKOUT strategies below 11242 are aggressive, with a better opportunity a FADE against the 11305 Infelction Pivot after a breakdown signal.
On the BUY side accept FADE, REVERSAL and BREAKOUT strategies above the 11179-11164 support area. BREAKOUT strategies above 11368 early in the session may have issues holding structure, so respect any break in momentum. BUY FADE strategies off 11242 are recommended over REVERSAL strategies as the MKT is expected to hold higher structure and any failure should be considered a potential negative corrective shift. The MKT is aggressively bid which should keep pace throughout the session if the TREND ACCELERATION forecast is going to play out.
Note: The worst-case scenario for a MKT in this technical position is to go higher early in the session and then break all day. Be alert and recognize this. If you have > 3 loser long trades, consider taking the next sell signal, anticipating a corrective turn. Remember in this technical position if the MKT is going higher, it should just go. If not, there is the potential for a corrective break or digestive trading environment.
Good Trading.
JS
For more information please contact me at info@jsservices.com. You can also visit http://www.jsservices.com/.The Inflection Pivot levels are available as a chart overlay on the following platforms; Ninja trader, Strategy Runner and eSignal. Sign up for a Complimentary FREE Trial.
Monday, December 7, 2009
Dec 10, 2009 Webinar - Transparent Automated Trading Tools
Please join me as I introduce JS Services Strategy Based Trading tools and CLEARBOXTM Automated Trading Systems available on the Strategy Runner Pro counsel.
CLEARBOXTM Trading Systems are transparent automated trading strategies. Automated strategies in which you understand the criteria and can run strategies that best fit a your trading plan. A portfolio of unique transparent buy and sell strategy templates that look to capture opportunity in specific market conditions and context are provided.
The CLEARBOXTM Trading Systems are designed to provide an actionable knowledge based solution for both professional and self-directed traders. The systems are completely automated but are ment to be used as a trading tool and be piloted by a trader not run as a “Blackbox”. Traders are advised to take either a Basic Money Mangement or Advanced Position Management approach when running the strategies. The strategies can be optimized using JS Services Price Map chart overlay to enhance position and risk management of the systems.
Title: An Introduction to the CLEARBOXTM Trading Systems
Date:
Thursday, December 10, 2009
Time:
10:00 AM - 11:00 AM CST
After registering you will receive a confirmation email containing information about joining the Webinar.
System RequirementsPC-based attendeesRequired: Windows® 2000, XP Home, XP Pro, 2003 Server, Vista
Macintosh®-based attendeesRequired: Mac OS® X 10.4 (Tiger®) or newer
Space is limited.Reserve your Webinar seat now at:http://www.strategyrunner.com/Registration/JSServices/Webinar.htm
Hope to see you there.
JS
CLEARBOXTM Trading Systems are transparent automated trading strategies. Automated strategies in which you understand the criteria and can run strategies that best fit a your trading plan. A portfolio of unique transparent buy and sell strategy templates that look to capture opportunity in specific market conditions and context are provided.
The CLEARBOXTM Trading Systems are designed to provide an actionable knowledge based solution for both professional and self-directed traders. The systems are completely automated but are ment to be used as a trading tool and be piloted by a trader not run as a “Blackbox”. Traders are advised to take either a Basic Money Mangement or Advanced Position Management approach when running the strategies. The strategies can be optimized using JS Services Price Map chart overlay to enhance position and risk management of the systems.
Title: An Introduction to the CLEARBOXTM Trading Systems
Date:
Thursday, December 10, 2009
Time:
10:00 AM - 11:00 AM CST
After registering you will receive a confirmation email containing information about joining the Webinar.
System RequirementsPC-based attendeesRequired: Windows® 2000, XP Home, XP Pro, 2003 Server, Vista
Macintosh®-based attendeesRequired: Mac OS® X 10.4 (Tiger®) or newer
Space is limited.Reserve your Webinar seat now at:http://www.strategyrunner.com/Registration/JSServices/Webinar.htm
Hope to see you there.
JS
Negative Signal needs confirmation - GOLD
Feb'10 GOLD
Technically the MKT is in a BEAR TREND ACCELERATION and flirting with fresh losses with all trading below the 1171.4 Inflection Pivot.
The MKT has produced a big negative signal and any positive corrective action is expected to be short lived with only one upside "stop sweep" if the negative momentum is going to play out. Any held strength and repeated probe higher is a sign that the trade will turn digestive. This does not take away from the negative bias but does limit the profit potential for any new sales in the session.
On the SELL side accept FADE, REVERSAL and BREAKOUT strategies below the 1171.4 Inflection Pivot. BREAKOUT failures may need to be "worked" as the MKT is on edge and will be emotional, producing some starts and stops before it drops. FADE strategies are recommended over REVERSAL strategies as the MKT is expected to hold lower structure and any momentum shift should be considered a potential positive corrective turn.
On the BUY side avoid REVERSAL strategies off major support levels as these signals are more likely short squeeze rallies and opportunities to SELL into and FADE. BREAKOUT strategies above the 1171.4 Inflection Pivot are a long shot, so risk less and go for more. Any BUY FADE strategies off support should have confirmation and are not recommended if the integrity of the 1171.4 Inflection Pivot is intact. After a break in the negative structure is confirmed above 1171.4, major support levels can be used for short term reactions using aggressive position management.
Note: The MKT is on edge and is vulnerable to a big drop. If the 1171.4 Inflection Pivot has contained the buyers its just a matter of time before the sellers try to overwhelm the MKT. Look for excuses to get short. If the 1171.4 level is breached opportunity will be on both sides of the MKT, however the bias still rests with the Bears. 1088.6 is the lower target objective.
Good Trading.
JS
For more information please contact me at info@jsservices.com. You can also visit http://www.jsservices.com/.The Inflection Pivot levels are available as a chart overlay on the following platforms; Ninja trader, Strategy Runner and eSignal. Sign up for a Complimentary FREE Trial.
Technically the MKT is in a BEAR TREND ACCELERATION and flirting with fresh losses with all trading below the 1171.4 Inflection Pivot.
The MKT has produced a big negative signal and any positive corrective action is expected to be short lived with only one upside "stop sweep" if the negative momentum is going to play out. Any held strength and repeated probe higher is a sign that the trade will turn digestive. This does not take away from the negative bias but does limit the profit potential for any new sales in the session.
On the SELL side accept FADE, REVERSAL and BREAKOUT strategies below the 1171.4 Inflection Pivot. BREAKOUT failures may need to be "worked" as the MKT is on edge and will be emotional, producing some starts and stops before it drops. FADE strategies are recommended over REVERSAL strategies as the MKT is expected to hold lower structure and any momentum shift should be considered a potential positive corrective turn.
On the BUY side avoid REVERSAL strategies off major support levels as these signals are more likely short squeeze rallies and opportunities to SELL into and FADE. BREAKOUT strategies above the 1171.4 Inflection Pivot are a long shot, so risk less and go for more. Any BUY FADE strategies off support should have confirmation and are not recommended if the integrity of the 1171.4 Inflection Pivot is intact. After a break in the negative structure is confirmed above 1171.4, major support levels can be used for short term reactions using aggressive position management.
Note: The MKT is on edge and is vulnerable to a big drop. If the 1171.4 Inflection Pivot has contained the buyers its just a matter of time before the sellers try to overwhelm the MKT. Look for excuses to get short. If the 1171.4 level is breached opportunity will be on both sides of the MKT, however the bias still rests with the Bears. 1088.6 is the lower target objective.
Good Trading.
JS
For more information please contact me at info@jsservices.com. You can also visit http://www.jsservices.com/.The Inflection Pivot levels are available as a chart overlay on the following platforms; Ninja trader, Strategy Runner and eSignal. Sign up for a Complimentary FREE Trial.
Sunday, December 6, 2009
BEAR TREND ACCELERATION Signal - CORN H'10
Technically the MKT is in a BEAR TREND ACCELERATION and flirting with the lower extreme. The MKT has produced a big negative signal and any positive corrective action is expected to be short lived with only one upside "stop sweep" if the negative momentum is going to play out. Any held strength and repeated probe higher is a sign that the trade will turn digestive. This does not take away from the negative bias but does limit the profit potential for any new sales in the session.
The 407-4 Inflection Pivot is the high point for any corrective rise.
On the SELL side accept FADE, REVERSAL and BREAKOUT strategies below the previous sessions high point. BREAKOUT may need to be "worked" as the MKT is on edge and will be emotional, producing some starts and stops before it drops. FADE strategies are recommended over REVERSAL strategies as the MKT is expected to hold lower structure and any momentum shift should be considered a potential positive corrective turn.
On the BUY side avoid REVERSAL strategies off major support levels as these signals are more likely short squeeze rallies and opportunities to SELL into and FADE. BREAKOUT strategies above the previous session high are a long shot, so risk less and go for more. Any BUY FADE should have confirmation and are not recommended if the integrity of the previous session high is intact. After a break in the negative structure confirmed support levels can be used for short term reactions using aggressive position management.
Note: The MKT is on edge and is vulnerable to a big drop. If the previous session high is intact its just a matter of time before the sellers try to overwhelm the MKT. Look for excuses to get short. If the previous session high is breached opportunity will be on both sides of the MKT, however the bias still rests with the Bears.
Good Trading.
JS
For more information please contact me at info@jsservices.com. You can also visit http://www.jsservices.com/.The Inflection Pivot levels are available as a chart overlay on the following platforms; Ninja trader, Strategy Runner and eSignal. Sign up for a Complimentary FREE Trial.
Thursday, December 3, 2009
CORRECTIVE SIGNAL STATE - SP500 Index
The Dec'09 SP500 Index posted a new move high lower close to put the contract back in a NEUTRAL CORRECTION technical posture. The MKT is in a bit of a vacuum pocket and is primed for some volatility. 1089 is the beginning of a support band that extends down to the 1084.50 Inflection Pivot. This is the low point for any lower squeeze if the underlying positive momentum is going to resume. Accept buy signals in this zone. A held failure from 1084.50 is a fresh negative signal which extends the pressure down to 1071. Here again buying is expected. Only under this support do I see the potential for a release with 1044 and 1026 targeted. 990 is the current extreme.
Use the 1098 Directional level as a sentiment guide for the session. A held trade above here has the Index playing cat and mouse up to 1107. If the CORRECTIVE trade is going to resume the MKT will reject here. If not the buyers will try to ramp things back up targeting new move highs up to 1120.50. 1132 and 1153.25 are the extended targets.
JS
Price Map performance for Wednesday's post for Thursday DEC 3 2009.
Note how the MKT was not able to sustain a trade above the 1112.25 Inflection Pivot which ultimately provided the signal to the negative move. This is Strategy Based Trading at work. Our expectations are that the MKT should maintain a trade above the Inflection Pivot if the BULL TREND was going to resume. If not expectations are that the MKT will fall back into a DIGESTIVE trade lower. The MKT could not maintain a trade above 1112.25 and broke down as expected. Align your expectations with the current technical posture and use JS Services Inflection Pivots to capture opportunity.
Dec'09 SP500 Index Dec 3, 2009
For more information please contact me at info@jsservices.com. You can also visit http://www.jsservices.com/.The Inflection Pivot levels are available as a chart overlay on the following platforms; Ninja trader, Strategy Runner and eSignal. Sign up for a Complimentary FREE Trial.
Wednesday, December 2, 2009
BULL TREND DIGESTION - SP500 Index
The Dec'09 SP500 contract held its ground but could not extend off Tuesday's Acceleration signal dropping back into a BULL TREND DIGESTION technical state. Delayed reaction? Could be. Key off the 1112.25 Inflection Pivot of an indication of the session tone. If the MKT is good it will sustain a trade above here and not look back. The 1120.25 resistance pivot is the spoiler for any extended run today. Once cleared of this hurdle any new buying will have the potential to climb up to 1140.25 in the session. 1161 is the extended target.
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- Trading below 1112.25 keeps the contract in a messy digestive trade down to 1104.25 and 1100. If the Index is going to maintain its composure it will stabilize above here. If not thing s can get a little slippery with 1084.50 and 1064 the low points for any new consolidation. 1039 is the extreme for any reversal of fortune in front of Friday's figure.
Be patient. If things don't get interesting quick the session could be another head banger.
JS
For more information please contact me at info@jsservices.com. You can also visit http://www.jsservices.com/.The Inflection Pivot levels are available as a chart overlay on the following platforms; Ninja trader, Strategy Runner and eSignal. Sign up for a Complimentary FREE Trial.
*
- Trading below 1112.25 keeps the contract in a messy digestive trade down to 1104.25 and 1100. If the Index is going to maintain its composure it will stabilize above here. If not thing s can get a little slippery with 1084.50 and 1064 the low points for any new consolidation. 1039 is the extreme for any reversal of fortune in front of Friday's figure.
Be patient. If things don't get interesting quick the session could be another head banger.
JS
For more information please contact me at info@jsservices.com. You can also visit http://www.jsservices.com/.The Inflection Pivot levels are available as a chart overlay on the following platforms; Ninja trader, Strategy Runner and eSignal. Sign up for a Complimentary FREE Trial.
Tuesday, December 1, 2009
BULL TREND ACCELERATION Signal - SP500
The Dec'09 SP500 contract is back on the bid and flirting with an accleration in the positive momentum producing a BULL TREND ACCELERATION signal. A MKT in this technical state has produced a big posiitve signal which should follow through today if valid.
Key off the 1102 Inflection Pivot. This is the price point that determines the session bias. Above here the BULL TREND ACCELERATION signal is in play and the MKT aggressively bid. A breach of the recent highs at 1112.25 confirms the signal putting the Index on course for the 1132.75 and 1153.25 resistance targets.
Trading below 1102 lets some air out of the excitement down to 1091.75. This is the low point for any weakness today if the contract is going to maintain its composure. A break under 1091.75 negates yesterday's positive signal putting the MKT back in a difficult digestive trade with 1067 and 1047.50 targeted for any sentiment shift.
JS
For more information please contact me at info@jsservices.com. You can also visit http://www.jsservices.com/.The Inflection Pivot levels are available as a chart overlay on the following platforms; Ninja trader, Strategy Runner and eSignal. Sign up for a Complimentary FREE Trial.
Key off the 1102 Inflection Pivot. This is the price point that determines the session bias. Above here the BULL TREND ACCELERATION signal is in play and the MKT aggressively bid. A breach of the recent highs at 1112.25 confirms the signal putting the Index on course for the 1132.75 and 1153.25 resistance targets.Trading below 1102 lets some air out of the excitement down to 1091.75. This is the low point for any weakness today if the contract is going to maintain its composure. A break under 1091.75 negates yesterday's positive signal putting the MKT back in a difficult digestive trade with 1067 and 1047.50 targeted for any sentiment shift.
JS
For more information please contact me at info@jsservices.com. You can also visit http://www.jsservices.com/.The Inflection Pivot levels are available as a chart overlay on the following platforms; Ninja trader, Strategy Runner and eSignal. Sign up for a Complimentary FREE Trial.
Price Map performance for Monday's post for DEC 1 2009. Note how a breach of the 1098.25 level sparked a rally up to the 1112.25 recent highs.
Dec'09 SP500 Index Dec1, 2009
Strategy Based Trading aligining your expectations with the MKTs current Technical State.
STRATEGY BASED TRADING Review http://progressive.powerstream.net/008/00102/edu/interactive/js_services/strategy_based_trading/index.html
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