Trading Ideas - Review

Last week provided a diverse mix of opportunity.

MONDAY July 13, 2009

To start the week both the AUDUSD and USDCHF where in play with a negative signal on July 10,2009.

In the AUDUSD on Monday July 13,2009 post the "Expectations are for the MKT to test the 7704 support with all trading below 7836. If the MKT is going to stabilize it will here." The MKT did stabilize and bounced up to its upper resistance.

AUDUSD

July 13, 2009 July 17, 2009

The USDCHF signal was not expected to follow through on its signal and it did not. The USDCHF has produced a BEAR TREND ACCELERATION signal but may be a little ahead of itself.

USDCHF

July 13, 2009 . July 17, 2009

TUESDAY July, 14,2009

The Tuesday July 14, 2009 post alerted of a positive opportunity in the NASDAQ. The Index jumped higher in early trading and is fast approaching big directional resistance at 1479.25. If the rally is going to stall it will here. A violation and the excitement has the potential to extend up to 1497.50-1496.25 before the sellers try to keep things under control. This move is still in play.

NASDAQ100

July 14, 2009 . July 17, 2009


WEDNESDAY July 15, 2009

The 30YR US Treasury MKT produced a negative signal on Wednesday "The 30yr took a tumble and is threatening to return to the aggressive sell campaign. FADE strength against the 118-06 Inflection Pivot expecting the worst. A break under 116-065 is need to confirm any new move lower. A failure here should be pressed with expectations of the market making a play for the 112-195 level. "

This negative signal is still in play opening the week on its breaking point and is currently flirting with a release.

30YR T-BOND

July 15, 2009 . July 17, 2009

THURSDAY 16, 2009

The Natural Gas MKT has been on a roller coaster and as was posted on Thursday July 16, 2009 did not follow through. The July'09 NAT GAS contract is heating up in an emotional roller coaster. Yesterday's strong showing produced a positive corrective signal reversing sentiment. Is the MKT turning? Don't make any commitments.

NAT GAS

July 16, 2009 . July 17, 2009


JS

This post supports JS Services Strategy Based Trading approach. 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 Trial.

NAT GAS - Emotional Rescue

The July'09 NAT GAS contract is heating up in an emotional roller coaster. Yesterday's strong showing produced a positive corrective signal reversing sentiment. Is the MKT turning? Don't make any commitments.

The MKT has been at the edge of the abyss and volatile trading conditions should be expected before the contract takes the leap or runs away from the edge. Key off the 3.685 Inflection Pivot for an indication of the session tone. Below here yesterday's signal is all noise with the 3.490 support pivot the turning point. If the buyers are going to keep the controls they will support any weakness here. A held failure from 3.490 is a sign of weakness that puts the contract back on the defensive down to 3.250. Only under this support is the rug pulled for a drop down to 2.876 and 2.640.

A held trade above 3.685 has the MKT flirting with a acceleration in the positive momentum. Stay nimble. 3.729 and 3.795 are both spoilers for any optimism. Only above 3.795 is a positive shift confirmed targeting 4.266-4.222 on the initial surge. No follow through is expected.

JS

This post supports JS Services Strategy Based Trading approach. 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 Trial.

30yr Treasury Bond - Vulnerable

The 30yr took a tumble and is threatening to return to the aggressive sell campaign. FADE strength against the 118-06 Inflection Pivot expecting the worst. A break under 116-065 is need to confirm any new move lower. A failure here should be pressed with expectations of the market making a play for the 112-195 level. Use caution. Things have the potential to get emotional.




A rise above 118-06 removes the negative threat signaling more big digestive action with 120-075 the immediate target for any positive turn of events.


JS




This post supports JS Services Strategy Based Trading approach. 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 Trial.

NASDAQ100 emini - Excitable

The Index jumped higher in early trading and is fast approaching big directional resistance at 1479.25. If the rally is going to stall it will here. A violation and the excitement has the potential to extend up to 1497.50-1496.25 before the sellers try to keep things under control. Expect a reaction.


Trading at these levels is positive however the rally is lacking indicator support which will need to kick in if this is the beginning of something bigger with a 1597.75 initial objective.




1445.25 is today's Inflection Pivot. Above here the buyers will remain aggressive. If we get an opportunity expect it to be "touch and go" if the positive excitement is going to return. A held failure from 1445.25 puts the bullish signal in question and the MKT back in a messy digestive trade.

JS

This post supports JS Services Strategy Based Trading approach. 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 Trial.

FOREX USDCHF, AUDUSD - Time to play a card

As a follow up to last Thursday's negative signal in the AUDUSD and USDCHF MKTs.

USDCHF for July 13, 2009

The USDCHF did not follow through and produced a positive corrective signal on Friday. Today the question is the USDCHF going to return to to its negative signal or is the MKT going to transition back into a firm posture.

Key off the 10819 Inflection Pivot for the answer.

A held trade above 10819 keeps the MKT firm up to the 10943 resistance pivot. If the rally is going to stall it will here. A breach and the USDCHF transitions into a more aggressive positive posture putting the 11160 target in play.

A break under 10819 and the USDCHF is vulnerable to a negative turn pressing support at 10695 and 10602. Although trading at these levels is negative reactions are expected. 10371 is the lower target for any unwinding.

AUDUSD for July 13, 2009

The AUDUSD remains in a vulnerable state and aggressively offered below the 7836 Inflection Pivot.

Expectations are for the MKT to test the 7704 support with all trading below 7836. If the MKT is going to stabilize it will here. If not the pressure has the potential to accelerate down to 7473.

A rise above 7836 puts Thursday's negative signal in question up to 7902. Only above here is the signal negated and the MKT back in a difficult digestive pattern.

JS

This post supports JS Services Strategy Based Trading approach. 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 Trial.

BEAR TREND ACCELERATION Signal - USDCHF, AUDUSD

FOREX USDCHF, AUDUSD

Both the USDCHF and AUDUSD produced a negative BEAR TREND ACCELERATION signals. In this technical state expectations are that the MKT will continue to hold negative structure and will accelerate to the downside.



AUDUSD

AUDUSD will remain vulnerable to the offer with all trading below the 7893 Inflection Pivot. This is the optimal entry area for any new sales. A break under 7780 support is a fresh negative that puts the 7668 support target in play. 7441 is the extended target for any new leg lower.



A breach of 7900-7893 negates the signal putting the MKT back in a difficult digestive trade up to 8119.

USDCHF

The USDCHF has produced a BEAR TREND ACCELERATION signal but may be a little ahead of itself. Key off the 10884 Inflection Pivot for an indication of the session tone. Below here the signal is in play and the MKT threatening. 10708 is the base supporting any new weakness if the the cross is going to bounce back into a neutral posture. A break under this support is needed to confirm the negative signal targeting 10371 on any downside follow through.



A rise above 10884 negates the signal confirming this MKTs intentions o going nowhere.

JS


This post supports JS Services Strategy Based Trading approach. 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 Trial.

GBPUSD - Back on the Fence

The GBPUSD posted a negative CORRECTIVE signal which will keep the MKT vulnerable to further losses with all trading below the 16130 Inflection Pivot.

If yesterday's selling is going to keep its edge any positive push will reject here targeting the 15905-15895 support band.

Let the truth be told. If the underlying positive momentum is going to resume course the MKT will stabilize above here. A failure and sentiment turns sour down to 15543 and 15425.

A rise above 16140-16130 puts the negative signal in question and the buyers in launch mode. Work any positive structure with expectation of a strong move up to 16347 and the 16600-16557 resistance band. Expect a reaction as no follow through is expected at this time.

JS

* Price Map Chart Overlay performance for JULY 8, 2009

EURUSD GBPUSD USDCHF

USDJPY USDCAD AUDUSD

This post supports JS Services Strategy Based Trading approach. 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 Trial.