Execution Strategies off a qualified price point or Inflection Pivot take the form of 3 basic techniques, defined as either a FADE, BREAKOUT or REVERSAL.
The following webvideo http://www.jsservices.com/education/sbt/CME_EntryStrategies5min.wmv goes over an entry strategy technique in the ND100 Index.
JS
Identifying MARKET STATE, STRUCTURE and STRATEGY solutions
Tuesday, October 27, 2009
Sunday, October 25, 2009
BULL TREND CORRECTION: SP500, ND100, DOW30, AUDUSD, CORN, GOLD
Today we are going to focus on MKTs that have produced a negative signal against an underlying positive trend or a BULL TREND CORRECTION signal state.
The question, is this negative signal going to follow through or is this just a 1 day event and the underlying positive momentum is going to resume. The price point that answers this question and determines this "sentiment shift" is the session Inflection Pivot. This is the price point that defines the technical state from being a negative "corrective"posture below that price point to a positive BULL TREND position above that price point.
For OCTOBER 26, 2009 all markets that have produced a BULL TREND CORRECTIVE signal are CURRENTLY above their Inflection Pivot. In this situation the Inflection Pivot is basically saying "prove it to me". If the market is bad it should break below the Inflection Pivot and not look back. A held trade above this price keeps the market in a firm digestive trade.
Today I have added an additional price level, a resistance pivot or Upside Pivot. This is the price point where the positive underlying trend should be expected to resume. Each level should be drawn on an intra-day chart for a visual presentation of opportunity. Trading above the Inflection Pivot keeps the market firm however a resumption of the BULL TREND is not confirmed until the market is above the Upside Pivot. This application is available for automatic updates in following platforms: Strategy Runner, Ninja Trader and eSignal. Click here for a Complimentary FREE Trial.
EQUITY FUTURES [DEC09]
SP500 1056.75 Inflection Pivot : Upside pivot 1082.50
Nasdaq100 1716.50 Inflection Pivot : Upside Pivot 1779.50
Dow Futures 9927 Inflection Pivot : Upside Pivot 10029
FOREX
AUDUSD 9201 Inflection Pivot : Upside Pivot 9277
Commodity [Dec' 09]
CORN 389-0 Inflection Pivot : Upside Pivot 408-0
Metals [Dec'09]
GOLD 1043.7 Inflection Pivot : Upside Pivot 1069
Draw a line on your intra-day chart at these levels. Look for opportunity in the direction of the Inflection Pivot price bias. Executing at or near these price points will provide the best risk / reward. SELL BREAKOUT below the Inflection Pivot as well as BUY REVERSAL on a false breakdown signals are opportunity. SELL FADE against the Upside Pivot expecting the negative signal to continue or BUY BREAKOUT entry strategies above the Upside Pivot should be considered expecting the BULL TREND to resume.
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.
STRATEGY BASED TRADING Review http://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/.
Wednesday, October 21, 2009
BULL TREND CORRECTION SIGNAL for SP, DOW, MidCap400, 5yr, 30yr, BOBL, BUND, DAX, EuroStoxx and FTSE
The Strategy Based Trading approach is the focus on the applied strategy over a specific market. Define a strategy that you are comfortable with and apply that strategy in MKTs whose technical state is in line with your strategy criteria.
Today we are going to focus on MKTs that have produced a negative signal against an underlying positive trend or a BULL TREND CORRECTION signal state. The question, is this negative signal going to follow through or is this just a 1 day event and the underlying positive momentum is going to resume. The price point that answers this question and determines this "sentiment shift" is the session Inflection Pivot. This is the price point that defines the technical state from being a negative "corrective"posture below that price point to a positive BULL TREND position above that price point.
Trading below the session Inflection Pivot or what JS Services calls its REVERSAL LEVEL or R Level is negative keeping the CORRECTIVE SELL signal in play and the MKT vulnerable. Trading above this price point is an indication that the negative vulnerability of the MKT is reduced and there is a better chance that the underlying positive momentum is going to resume.
For OCTOBER 22, 2009 below are the MKTs that are in a BULL TREND CORRECTIVE state and the Inflection Pivot that determines the contiuation of the sell signal or a reversion to the underlying positive trend.
EQUITY FUTURES [DEC09]
SP500 1083.75
Dow Fut 9927
MidCap400 701.90
DAX 5785
EuroStoxx 2880
FTSE100 5230
INTEREST RATE FUTURES [DEC09]
US 30YR T-BOND 120-25
US 5YR T-NOTE 106-057
BUND 12183
BOBL 11528
Draw a line on your intra-day chart at these levels. Look for opporunty in the direction of the price bias. Executing at or near these price points will provide the best risk / reward. SELL FADE and BUY BREAKOUT should be considered as entry strategies at these levels.
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.
STRATEGY BASED TRADING Review http://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 Tri
Today we are going to focus on MKTs that have produced a negative signal against an underlying positive trend or a BULL TREND CORRECTION signal state. The question, is this negative signal going to follow through or is this just a 1 day event and the underlying positive momentum is going to resume. The price point that answers this question and determines this "sentiment shift" is the session Inflection Pivot. This is the price point that defines the technical state from being a negative "corrective"posture below that price point to a positive BULL TREND position above that price point.
Trading below the session Inflection Pivot or what JS Services calls its REVERSAL LEVEL or R Level is negative keeping the CORRECTIVE SELL signal in play and the MKT vulnerable. Trading above this price point is an indication that the negative vulnerability of the MKT is reduced and there is a better chance that the underlying positive momentum is going to resume.
For OCTOBER 22, 2009 below are the MKTs that are in a BULL TREND CORRECTIVE state and the Inflection Pivot that determines the contiuation of the sell signal or a reversion to the underlying positive trend.
EQUITY FUTURES [DEC09]
SP500 1083.75
Dow Fut 9927
MidCap400 701.90
DAX 5785
EuroStoxx 2880
FTSE100 5230
INTEREST RATE FUTURES [DEC09]
US 30YR T-BOND 120-25
US 5YR T-NOTE 106-057
BUND 12183
BOBL 11528
Draw a line on your intra-day chart at these levels. Look for opporunty in the direction of the price bias. Executing at or near these price points will provide the best risk / reward. SELL FADE and BUY BREAKOUT should be considered as entry strategies at these levels.
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.
STRATEGY BASED TRADING Review http://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 Tri
Monday, October 19, 2009
EuroFX - Mixed Signals
The Dec'09 EUROFX is working higher but losing technical indicator support. 14897 is the Inflection Pivot or the price point that defines the session bias. Above here any pull-back is a buying opportunity expecting a charge to new move highs targeting the 15059-15088 resistance band. Be patient. If the rally is going to fizzle it will within this zone. Jump on any REVERSAL signal expecting a sharp exhaustive reaction. 15209 is he current extreme.
A slip under 14951 sets up a test of the 14897 support Inflection Pivot. If the underlying positive tone is going to hold so will this support. A failure here and the currency slips back into a digestive trade down to 14822 and 14796 on any short term sentiment shift. Be patient. If this is just a bunch of mind games that contract will maintain its composure. A break under 14758 confirms a negative turn forecasting a decline down to 14565 and 14514. Expect no follow through.
JS
For more information on JS Services 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
A slip under 14951 sets up a test of the 14897 support Inflection Pivot. If the underlying positive tone is going to hold so will this support. A failure here and the currency slips back into a digestive trade down to 14822 and 14796 on any short term sentiment shift. Be patient. If this is just a bunch of mind games that contract will maintain its composure. A break under 14758 confirms a negative turn forecasting a decline down to 14565 and 14514. Expect no follow through.
JS
For more information on JS Services 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, October 18, 2009
Strategy Based Trading - BULL TREND CORRECTION
The Strategy Based Trading approach is the focus on the applied strategy over a specific market. Define a strategy that you are comfortable with and apply that strategy in MKTs whose technical state is in line with your strategy criteria.
Today we are going to focus on MKTs that have produced a negative signal against an underlying positive trend or a BULL TREND CORRECTION signal state. The question, is this negative signal going to follow through or is this just a 1 day event and the underlying positive momentum is going to resume. The price point that answers this question and determines this "sentiment shift" is the session Inflection Pivot. This is the price point that defines the technical state from being a negative "corrective"posture below that price point to a positive BULL TREND position above that price point.
Today we are going to focus on MKTs that have produced a negative signal against an underlying positive trend or a BULL TREND CORRECTION signal state. The question, is this negative signal going to follow through or is this just a 1 day event and the underlying positive momentum is going to resume. The price point that answers this question and determines this "sentiment shift" is the session Inflection Pivot. This is the price point that defines the technical state from being a negative "corrective"posture below that price point to a positive BULL TREND position above that price point.
Trading below the session Inflection Pivot or what JS Services calls its REVERSAL LEVEL or R Level is negative keeping the CORRECTIVE SELL signal in play and the MKT vulnerable. Trading above this price point is an indication that the negative vulnerability of the MKT is reduced and there is a better chance that the underlying positive momentum is going to resume.
Starting the week of OCT 19, 2009 the Canadian Dolllar and 2yr T-Note futures and the FOREX AUDUSD major cross rate are in the BULL TREND CORRECTION technical state.
Canadian Dollar Dec'09 contract 
Expectation today are that Friday's negative signal will weigh on the MKT below the 9663 Inflection Pivot, pressing support at 9606. If the currency is going to stabilize it will do so above here. A held failure and the MKT is vulnerable to further corrective action down to 9492 and 9406 on any negative follow thourhg.
A held trade above 9663 puts the negative signal in question and the contract in a neutral digestive position. Only above 9720 is the underlying BULL TREND back in gear targeting 9834 on any positive turn of events. 10062 is the upper extreme.
US 2yr T-Note Dec'09 contract
The 2YR T-NOTE is flirting with a underlying sentiment shift with all trading below the 108-180 Inflection Pivot. A held failure from 108-152 confirms Friday's "corrective" signal targeting 108-105 on any downside follow through. If the trade is going to remain "normal" the MKT will stabilize above here. A break under 108-105 and the contract is vulnerable to further losses down to 108-005.
A rise above 108-180 takes the edge off for more of a digestive trade up to 108-207. Be patient. This is the high point for any lackluster trade. A violation here and the underlying BULL TREND will trying to re-establish itself targeting 108-255. 109.035 is the upper extreme.
FOREX AUDUSD
The AUDUSD cross produced a negative signal that will remain in play with all trading below the 9182 Inflection Pivot. A break under 9129 is needed to confirm fresh losses targeting 9023 on any downside follow through. Be patient if the MKT is going to stabilize it will here. If not the potential to transition down to 8811 is real.
A held trade above 9182 puts the contract back into a digestive trade. Only above 9235 does the underlying positive momentum try to re-assert itself for a run at 9341. 9420 is the current upper extreme.
As you read through the different outlooks one thing is apparent. They are all basically the same. That is the point of the Strategy Based Trading Approach.
STRATEGY BASED TRADING Review http://progressive.powerstream.net/008/00102/edu/interactive/js_services/strategy_based_trading/index.html
By developing strategies to capitalize in this technical signal state you not only improve your chances of success but also develop a comfort with the market action during this state and improve your confidence in executing your strategy in that state.
For more information and to receive a complimentary trial of my service which defines these signal states please send inquires to info@jsservices.com or click here for a Complimentary FREE Trial.
JS Services is here to support your profit objectives.
It's our job to help you make more money.
Stop analyzing, start executing and see the difference in your bottom line.
Hope this helps.
Good trading.
JS
Thursday, October 15, 2009
GOLD - Is that It?
The DEC'09 GOLD contract downshifted from its aggressive Bull advance and will need to stabilized above the 1039 Inflection Pivot to keep the positive momentum in gear. A held failure from 1039 confirms a break in momentum and the MKT vulnerable to a sharp drop down to 1028.4 and 1016.3 on any sentiment shift. Expect some emotional swings with 944.9 the current extreme.
A rise above the 1061.7-1060.8 resistance band will bring in some fresh interest. Work the bid. The aggressive advance will be ready to engage with 1082.6 and 1098.9 targeted.
JS
STRATEGY BASED TRADING Review http://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.
A rise above the 1061.7-1060.8 resistance band will bring in some fresh interest. Work the bid. The aggressive advance will be ready to engage with 1082.6 and 1098.9 targeted.
JS
STRATEGY BASED TRADING Review http://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, October 14, 2009
British Pound - Bear Trend Correction
The Dec'09 British Pound produced a positive signal against a negative underlying trend. Positive action today should be viewed as "Corrective" up to the 16146 Inflection Pivot. This is the expected high point for any upside follow through to yesterday's signal if the underlying negative momentum is going to remain in force. A rise above 16146 is a positive transitional signal that projects the currency up to 16387 and 16661 on any sentiment shift.
A break under 15873 support pivot is needed to put the contract back in a soft spot targeting 15691 on any negative turn. If the MKT is going to stabilize it will do so above here. If not the sellers will be back with 15554 and 15510 targeted.
Corrective trading environments are dynamic. Watch the current positive structure [higher move lows, higher move highs]. If its holding don't be too anxious to step in front of the rise. A break in structure followed by a squeeze test of 16146 or a REVERSAL [false Breakout] at this level is the best opportunity today to re-establish a short position. 16055 resistance will also provide a REVERSAL opportunity.
Only above 16146 can we get on board with the current positive push.
JS
STRATEGY BASED TRADING Review http://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.
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