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.


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

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.

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

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.

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.