Monday – Silver, S&P 500 Tuesday – Hogs, Crude oil, Heating oil, Dow Jones, Dollar index, Eurocurrency, Briish pound, Coffee Wednesday – Cattle, RBOB, N-gas Thursday – Hogs Friday – Gold… read more
Monthly Archives: February 2010
Short British pound – re-enter short position [chart]
TMV Swing trade report – the short March British pound position was closed at 1,5720, but the pattern is still bearish and poised to drop down to the lower reaction line target objective at 1.5200. Re-enter the short position with the stop loss at 1.5745.… read more
Long N-gas – re-enter long position after report. [chart]
The TMV Swing trade report was long the N-gas, based off the 5-wave continuation pattern, with the stop loss at 5.220. The N-gas stocks report was released mid session and caused wild intra-day swings in he market. The N-gas dropped to a low of 5.204 as soon as the report was released. From here, the… read more
Is N-gas setting up for a major price move? [chart]
N-gas has completed a 5-wave contiuuation pattern. This pattern typically forms in the center of a longer-term trend. (I describe this pattern on page 158 in “Unlocking Wealth, Secret to Market Timing). This would suggest N-gas is at the beginning of a new upward swing that could equal or surpass the price swing from December… read more
Initial Jobless Claimes [2/11/2010]
Initial Joblesss claims for state unemployment dropped by 43,000 claims to a seaonal 440,000 for the end of the week Feb. 6th 2010. Down from the previous weeks 483,000 claims. Accorrding to a poll by Reuters the intial claims were expected to be 465,000.… read more
Wheat rallies on projected reversal swing date! [chart]
Wheat reached the reaction line on the February 3rd reversal swing date. The support held and Wheat reversed and climbed back to the descending median line as it approached the February 10 reversal swing date. At this point the market accelerated and broke above the median line and the 20-day SMA. This represents the end of… read more
Bearish Swing Trading pattern forms in the British Pound. [chart]
After posting three closes below the descending median (center) line the market rallied back to the median line, but failed to close above. This is a bearish pattern set up that could trigger another price drop to the lower parallel line. A break below the pivot low will trigger sell signal. Check the latest issue… read more
TMV Results [12/4/2009 – 2/09/2010]
Results for the Traders Market Views News Letter from 12/4/2009-2/09/2010 have been posted on our website. You must log in to review this information. Call us with questions. THE RISK OF LOSS IN TRADING CAN BE SUBSTANTIAL. YOU SHOULD, THEREFORE, CAREFULLY CONSIDER WHETHER SUCH TRADING IS SUITABLE FOR YOU IN LIGHT OF YOUR FINANCIAL CONDITION.… read more
Crop progress report in glance.
The USDA’s 2009-2010 U.S. ending stocks estimate for: Corn was reduced from 1.764 to 1.719 billion bushels. Soybeans was reduced from 245 to 210 million bushels. Wheat was increased from 976 to 981 million bushels. Sugar was reduced from 1.140 to 1.055 million tons. Cotton was reduced from 4.3 to 3.3 million bales.… read more
Swing Trading with Market Timing Intelligence Using the “Action/Reaction” Theory.
Swing Trading With Market Timing Intelligence Using the “Action/Reaction” Theory. By John Crane “Man masters nature not by force, but by understanding.” This quote may be about nature, but it also holds true when it comes to trading. Before anyone can master the markets, they need to understand market structure and market behavior. With all… read more