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Greetings,
We have formed a strategic alliance with JS Services Research and Trading L.L.C. of Chicago.
JS Services may sound foreign to most of you, unless you are a floor trader at the CME, a 'prop shop' trading group, a hedge fund or institutional trader. If you are one of the above, you've heard of them and probably use their price map every day.
JS Services Research and Trading L.L.C. has been providing their 'Price Map' to professional traders for 25 years. On the web site for the Chicago Mercantile Exchange, go to this link and you'll find more info on their service.
http://www.cmegroup.com/education/browse-materials/bios/commentary/js-services-slazas.html
Their full service for institutional traders, covering 30 markets costs $10,800.00 per year. They have a large base of customers that have been with them for 20 years because their work is top notch. Unfortunately, our retail customers can't afford to pay $900.00 per month for professional caliber quant analysis of market price structures.
*** A SOLUTION ***
John Slazas, founder and Managing Director of JS Services is convinced that his 'Price Map' and training can be an extremely valuable asset for smaller retail traders when combined with momentum based timing software such as Kwik*POP. He has studied Kwik*POP and we have studied his market 'Price Map'. His company has some great stuff and we are convinced that there is a great synergy between our software applications.
*** 1 + 1 = 2 ***
Kwik*POP is all about timing precise entries within a price trend. JS Services is all about market structure and targeting the big moves. By combining both methods we have a flexible means of targeting our entry into a move and based upon market structure, larger scale critical inflection points, we can determine whether we go for a small gain or hold on for a 10 handle move.
Price Map
John Slazas will conduct a training session on using their PRICE MAP in our chat room at 11:30 Eastern time tomorrow (Wednesday). You should attend this meeting. If you need a free pass to our chat room send an e-mail to kwikpop@kwikpop.com. Dick Raschdorf will set you up with a free pass to the room for this session.
ANOTHER NEAT TRICK
We can now plot the JS Services critical lines right on your chart for you. It automatically plots when you open up your chart. Study that yellow line. Once prices broke below that 1273 area the second time ... the cake was baked. Statistical probabilities suggested the market would challenge the down pivot at 1260.75. AND ... if that didn't hold the next lower 3 star number was at 1247.25. WELL .. prices rolled down from 1273.00 to 1247.25. The breakdown below that yellow line set the tone for the rest of the day.
This is a training session you really need to attend.
JS SERVICES TRADERS LOG- STRATEGY BASED TRADING seminar at CME Resource Center
PART 1 - http://www.youtube.com/watch?v=OM0skvhPLMk&feature=related
PART 2 - http://www.youtube.com/watch?v=IB12LZrwKJs&feature=related
PART 3 - http://www.youtube.com/watch?v=qrVR25n0nLo&feature=related
PART 4 - http://www.youtube.com/watch?v=u28qCXBEt_M&feature=related
PART 5 - http://www.youtube.com/watch?v=SYJbHEIn-Bw&feature=related
NEW COMBINED PRODUCT
Next week we'll roll out our new version of sonar. When activated it will automatically plot J.S.Services critical price levels right on your charts. For example, on your 7,500 ES chart all critical S/R lines will automatically appear. You no longer have to plot them manually.
The second component will be upgraded shortly afterwards. This is an alert mechanism that plots a text box on your screen as we approach a key price level. The text alert provides a suggestion on how to trade the market at that key level. Sort of like having a 'Moderator in a Box' on your screen.
UPGRADES on SONAR and BLACKBOX BUILDER.
We will also be rolling out upgrades on the Black Box Builder that will allow you to design trading strategies using the 'Price Map' data from J.S.Services. In addition, we'll provide some new KP strategies that you can plug into the BBB and run on your own or improve upon.
Regards,
WDH
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