Greetings,

This week will be very interesting and could prove to be a critical pivot point for the month of October. Those that are prepared and totally focused should have an exceptional week trading. Normally, the first Monday of a new month tends to be a big up day, especially if the prior week was down leaving the market short term oversold. But ... yes, there is always that big BUT ... things have changed recently.

Recently, there has been a surge in mutual fund redemptions, Hedge funds have been having a tough time and they also, are confronted with redemptions, the US economy appears to be slipping back into recession and things over in Europe seem to be getting more and more desperate. To a certain degree the fate of Euroland depends on the strength of the German economy and recent GDP numbers from there were not encouraging. It is possible that we may see a rate cut in Europe shortly.

Bottom line ... stay focused, trade what the market gives you and be prepared for some really big momentum swings UP ... and DOWN. In that vein we want you to review this video.

On Wednesday last week, John Slazas of JS Services, gave an interesting training session at his normal Wednesday training session for Kwik*POP. He touched on PRE-OPEN (before the US market opens) considerations that can help gain insight into the probable direction of prices and the general 'tone' of the market after the US opens.

Please watch this video in its entirety as we are going to start moving our training sessions around three critical questions ... What?...Why?...When?

WHAT has the market been doing recently?

WHY should I consider going LONG or SHORT given what the market has been doing recently?

WHEN do I pull the trigger once I've sized up the situation?

The combination of Kwik*POP and JS Services provides a valuable edge for serious traders.

Our Top Down/Bottom Up technical analysis answers those three questions.

Here is the link for Johns training session from Wednesday.

 www.kwikpop.com/files/JSTRAINING.mp4  

If you are serious about trading for a living there are three simple questions you need to answer every day .. WHAT, WHY, WHEN!  

We're going to show you how to answer those questions. Please attend all training sessions in our chat room. 

Regards,

WDH

THE COMMODITY FUTURES TRADING COMMISSION. ( C.F.T.C.) This brief statement does not disclose all of the risks and other significant aspects of trading in futures and options. In light of the risks, you should undertake such transactions only if you understand the nature of the contracts ( and contractual relationships ) into which you are entering and the extent of your exposure to risk. Trading in futures and options is not suitable for many members of the public. You should carefully consider whether trading is appropriate for you in light of your experience, objectives, financial resources and other relevant circumstances. Some of the examples used are hypothetical. Hypothetical trading results have many inherent limitations and may not reflect actual results since they are done with the benefit of hindsight and do not accurately reflect market conditions and the traders emotional level while under the stress of trading. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown.