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       July 29, 2010
 
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The Price Map is the Cornerstone to JS Services

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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