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The
Price Map is the Cornerstone to JS Services |
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Getting started with JS
Services starts with a free 1-week trial to the live Trade
Alert Room. Each client is offered a 1-week trial,
which allows the trader to decide if the Trade Alert Room
will help them in their trading and learning process. All
traders who take advantage of JS Services' product will
have the option to sign up for the Platinum
account or instead pay a separate fee of $375 a month.
Keys To Success Using JS
Services
JS Services Trade Alert Room is an educational tool designed to help
traders, by teaching them how to participate intraday in
the E-minis. Trades posted throughout the day are designed
for educational purposes only. Traders new to the service
should focus on the Conservative Trades. Once the trader
understands the Trade Alert Room system and gets a feeling for how
their traders approach the market, Aggressive Trades
should then be watched closely.
JS
Services Approach To The Markets
JS Services' traders use proprietary tools and indicators
to identify trades through the day. Their approach to the
market is both aggressive and conservative. Their
aggressive approach will range between 4-12 trades a day,
with the conservative trades being between 2-6 trades a
day.
Their primary trading technology
gives signals based upon their proprietary Price Map. The
JS Services' Price Map is a series of support and
resistance levels that are qualified and weighted into a
powerful trading tool. The system incorporates an array of
technical studies, drawing from both classical and
proprietary analytical techniques, into a risk management
tool that pinpoints shifts in market momentum for trade
entry and exit.
The signals and levels
given by the Price Map are the core to the buy and sell
signals given throughout the day.
How
to Use JS Services
Simply start by logging onto the service daily. Intraday
the traders from Trade Alert Room will post live E-mini trades
for the S&P and Nasdaq. Each trade posted to the site
will contain an entry description posted ahead of the
trading opportunity. Each time a trade is posted, a bell
will ring to notify the trader. The trade will then be
followed up with observations and exit levels. Each post
regarding a trade will continue to ring a bell, keeping
the trader alert at all times.
The terminology used in the
Trade Alert Room is described below. If you have any questions,
free to contact JS Services at info@jsservices.com.
JS Services' Trade Alert
Room is designed to assist
the trader in learning how to trade the market. There are
two primary trades, Conservative and Active. We emphasize
that new members and especially young traders place their
focus only on the Conservative Trades, until they grasp an
understanding of the Trade approach.
Intraday Chat Terminology
click
here to print 
Acceleration:
Fast trading conditions and price movement.
APMD: Average Price Map Distance (APMD) is the
average distance between support
and resistance levels on the PRICE MAP.
Breakout: A neutral sideways market violates its
consolidation extremes providing a
new trend move.
“Build a Base”: A phrase referring to a weak or
negative trending market’s attempt to
build a support base for a rally.
Choppy: Erratic sideways trading conditions.
Typically accompanied by false breakouts
and low volume.
Consolidation: A corrective neutral posture for the
market. No directional bias.
Continuation Momentum Numbers (+c, -c): The
Continuation Momentum numbers
are the points in which the market must close above (+c)
or below (-c) to signal follow
through in the coming session.
Critical Range: The NEUTRAL zone for the session.
The UP (Upside Pivot) and DP
(Downside Pivot) encompass this range. A violation of this
range is necessary to
determine a trend for the session.
Digestive: Sideways directionless trading action.
This type of price movement typically
occurs after a sharp market rise or fall and is considered
a continuation neutral term.
Directional: The pivot point that shows the market
bias within the Critical Range. This
level shows the market’s lean into the Critical Range
extremes.
Downside Pivot (DP): The most important directional
support level for the trading
session and the bottom of the Critical Range. A violation
of the DP is necessary to
produce a SELL signal for the session, with #1 target the
initial objective.
Extreme: The edge of the envelope or extreme price
point for a trend move. This is also
the exhaustion point of a trend move.
Failure: A Failure is a negative action referring
to a downside breakdown below a PRICE
MAP level.
Follow Through: A continuation of the current
trend.
“Keep it Tight”:
This term is used when a market is making a move, but is
approaching
good technical resistance or support. The trader is
advised to "keep stops tight" as a
reaction off this level is expected.
“Lock and Load”: A phrase used to alert traders
to be ready to execute as a knee-jerk
reaction off a Price Map level is expected
Major Level: A price map support or resistance level with
a weight of at least 2 stars
(**).
Momentum: Underlying positive or negative action or
trend.
Objective: The expected price objective for a trend move
for the trading session.
Pull-back: Referring to a rally in a negative
trending market.
Release: A sharp emotional sell-off.
Resistance: Price levels above the current market
price that will resist an advance.
Reversal Number (R): This is one of the strongest
levels on the Price Map and
represents the session’s trend bias. Rallies below the R
should be sold and breaks above
the R should be bought.
Set-back: Referring to a break in a positive
trending market.
“Stay Nimble”: A term used when a market is
approaching a good direction
momentum level. The reaction of which will point the
direction of the next move.
Traders are advised to "stay nimble" as
sentiment from this Price Map level may shift.
Support: Price levels below the current market
price that will support a break.
Sustained / Held: When a market trades above or
below a PRICE MAP level and
continues to trade above or below that level for at least
15-20min.
Swing: Big sideways action. Directionless.
Target: The expected price target on a breakout of
the Critical Range.
“Touch and Go”: A phrase used to describe a
quick test of support and resistance,
followed by an immediate reaction. Typically only one
print will occur at the extreme.
Trend Move: A sustained price movement either up or
down.
Upside Pivot (UP): The most important directional
resistance level for the trading
session and the top of the Critical Range. A violation of
the UP is necessary to produce a
BUY signal for the session, with #1 target the initial
objective.
Violation: A violation is positive action referring
to an upside breakout above a PRICE
MAP level.
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