Kwik*POP/MTR News Updates
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August 29, 2009
Greetings,
The subject line sounds pretty serious, doesn't it!. Well it should--because these setups happen many times during the day and you must be prepared to identify them.
We have highlighted 2 shorts that occurred yesterday morning. We look at the 7500 vol chart for trend definition and the 3350 vol chart for the entry.
Trade # 1
Looking at the 7500 vol chart, we notice that a Qbar (yellow bar with red dot) printed at 9:56 followed by a red, solid bar. About the same time a lower high pivot showed up giving us a heads up that the trend is down. The background color was to the downside and the slope of KPsnapback and KPVSPlots had changed.
BETTER CHECK THE 3350 VOL CHART FOR OUR ENTRY
On the 3350 vol chart, we had a red down bar that closed below both the yellow line and the lower Bollinger band creating a 2 down entry. Our new KPVSPlots indicator confirmed our thoughts--it was red. You must enter on the close of that bar!
Trade # 2
Once again, we start with the 7500 vol chart. A red, down bar appeared at 10:23 and the slope of KPsnapback and KPVSPlots indicated the momentum was to the downside BETTER CHECK THE 3350 VOL CHART FOR OUR ENTRY
The early entry based on the 3350, following the pattern setting up on the 7500 vol chart, was the red down bar that repeated the same conditions as the earlier trade--it closed below the yellow line and the lower Bollinger band.You must enter on the close of that bar!
Charts
7500 vol
3350 vol Now--that was 2 trades completed before 10:30 AM. Pretend that you were trading 5 contracts and went just for 1 point on each trade--no runner. At $50.00 per point per contract--how much could you have made on those 2 trades?
Final Notice
Price changes and Program discontinuation of kwikpop programs. Pontiac bit the dust and now certain Kwikpop programs join it.
The Kwikpop subscription program was introduced many years ago with a monthly license of $175.00. At this point in time, we must modify the monthly license. Starting September 1st, any NEW monthly license will be $209.00 per month. Anyone with an active monthly license is not affected--ONLY new signups. However, if your current $175.00 license expires, your renewal subscription will be at the new rate.
Our popular Friends and Family program is also undergoing a slight revision. The second yearly subscription will be $400.00 per year, up from $200.00. For example, the first yearly subscription costs $1,195.00 (Unchanged) and the second will be $400.00 for a total of $1,595.00 for 2 yearly licenses.($797.50 average cost per subscription) This will also become effective September 1st.
This same Price change --$400.00 -- will also apply to those who like to receive yearly updates.
Those with active subscriptions based on the original pricing will not be affected!
This is a reminder. The special Kwikpop user monthly subscription of $100.00 per month for 3 months of access to the Mytrades Room is being discontinued as of August 31st.This special subscription is a one time license and cannot be activated a second time. The rate for Kwikpop users is $159.00 per month after September 1st.
We have created a web Page that will archive all of our relevant emails. This is a work in process and we want to try out the process before we dedicate much time to it. Just click HERE to access our archive page. Please let us know if you were able to review the 3 PDFs that we placed in the archive. If we receive enough positive responses, we will add many other files for your review
Regards,
DR
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