Service Description
Tutorial- Abridged
Tutorial- Full
Here is a description on how the service works
Every trading day eKISS indicators for eight (8) futures contracts will be e-mailed to you for the monthly cost of only $ 100.00.
Tutorial- Full
Every piece of market generated information provides a clue as to what is happening, what may happen and frequently that nothing is happening. These clues when placed within the framework of the eKISS TRADING daily numbers provide a market awareness which has enabled many day traders to succeed.
First we look at today's opening price, where is it in relation to yesterday's close, where is it in relation to Range Top or Range Bottom. An opening at or near the previous close signifies acceptance of yesterday's closing range. Likewise an opening above or below the previous close denotes rejection of that close. Furthermore, if yesterday's close is above or below Range Top or Range BT, this is a very significant piece of information. Openings above Range Top are Bullish, while openings below Range BT are Bearish. Next assuming some volatility, we look at the price level above and below the current price. From this you can determine the nearest support and resistance levels. Next try to evaluate the strength or weakness of the market by the way it reacts to the support and resistance levels.
Under normal circumstances support or resistance numbers should hold the first one or two times that they are tested. Occasionally, depending upon the individual market, the price may go a few ticks beyond the number, but if it returns through the level it is still valid. If the market passes a level by a few ticks we then have an indication of where it wants to go to.
Depending upon the market being traded, you might want to place a STOP order above or below the next number. Placing of STOPS is entirely subjective and dependant upon a particular market and the trader's comfort level.
B,C,and D Sup and Res. numbers are generally very strong. Under normal market circumstances they have to be tested two or three times before being broken. If one of these numbers fails to hold the first time that it is tested (it is breached by more than two ticks) we have an indication of a directional market. This holds true whether the price goes through a support level or a resistance level, whether it be B,C or D. Furthermore, a broken support level becomes resistance and a broken resistance level becomes support.
As with many endeavors familiarity brings added confidence and thus enhanced success. In other words the more experience one has working with this system; adapting it to the peculiarities of their own market and their own preferences, the more success they will enjoy.
Tutorial- Abridged
8 Rules for QUICK eKiss:
- Ignore all letters and focus only on the numbers.
- The only exception to rule 1 is RNGE BT [BT] and RNGE TOP [TP].
- If the opening for the day is above TP the mood is bullish and if the opening is below BT, then the mood is bearish.
- The mood at opening will prevail until the price drops (or rises) below or above the TP or BT.
- If the opening is between TP and BT then assume, until shown otherwise, that the market will trade within the range-- Sell TP and Buy BT.
- When the market is trading above or below TP or BT, look for the next number to be either support or resistance depending upon the direction.
- Numbers that are close in value are stronger than single numbers.
- If two numbers are far apart frequently one half of the difference between then is also a good number.
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