Monthly Archives: June 2010

CFTC – The Extent to which U.S. Investors May Trade in Foreign Security Futures Products

June 8, 2010 CFTC Publishes Advisory on the Extent to which U.S. Investors May Trade in Foreign Security Futures Products Washington, DC – The U.S. Commodity Futures Trading Commission’s (CFTC’s) Division of Clearing and Intermediary Oversight (DCIO) today published an Advisory clarifying the extent to which certain sophisticated customers located in the U.S. may transact… read more

Are You On A Search For The Holy Grail? It doesn’t exist! – Swing trading

Trades from April 28, 2009 to June 4,2010 Sign up for a FREE 30 day Trial Most trading programs and algorithms on the market use the same set of static rules and parameters for every market. The result is a program that grows stale quickly or simply doesn’t work for many markets. The systematic Swing… read more

Swing Trading Strategy – How “action – reaction” projected the major reversal in Cotton. [chart]

July Cotton – Short from 81.10 – Exit price @ 76.75 – Hit the Target! Cotton broke out of a three-point zigzag pattern o n May 27th. The market had just retested the upper parallel line and closed at the low of the daily price range. This failure signaled the end of the consolidation and… read more

Swing Trading Strategies – How to indentify a market ready to make a major price move. [chart]

August Gold – Gold offers another great example of the “energy coil” in action. A short-term reaction swing had formed between May 31st and June 3rd when Gold posted two consecutive lower closes and tested the lower up-sloping parallel line and 20–day EMA support. The reaction swing occurred inside the longer-term reaction seven-day reaction swing… read more

U.S. Debt Poised to Overtake GDP – Chart of the day.

U.S.’s $13 Trillion Debt Poised to Overtake GDP: Chart of Day By Garfield Reynolds and Wes Goodman June 4 (Bloomberg) — President Barack Obama is poised to increase the U.S. debt to a level that exceeds the value of the nation’s annual economic output, a step toward what Bill Gross called a “debt super cycle.”… read more

Futures Broker: Monday Grain Calls

WHEAT – Steady to down 1 cent per bushel Prices under pressure from plentiful supplies of grain but market looking to consolidate after recent declines. CORN – Down 2 to 3 cents per bushel Good crop weather around U.S. Midwest seen weighing on prices. * CBOT July down 3-1/2 cents at $3.36-1/2 per bushel in… read more

Best Swing Trading Strategy for finding the “sweet spot” in the market – by John Crane

This is excerpt from the TMV Swing Trade report written on Thursday, June 3rd, after the buy recommendation was issued for the July Natural gas. July Natural gas – Long from 4.4235 – last price @ 4.698 – July N-gas began to consolidate into a choppy sideways trading pattern in late March. The market stayed inside… read more

Futures Broker / Grain Calls and News

WHEAT – Down 1 to 3 cents per bushel. Plentiful supplies, firm dollar expected to weigh on prices early. Traders said the market was trying to consolidate after the July contract fell to a new low on Thursday. CORN – Down 1 to 2 cents per bushel. Weaker-than-expected export sales, good crop weather around U.S.… read more

Swing trading strategies – Understanding “market tells” to help with entry and exits. By John Crane

July N-gas began to consolidate into a choppy side way trading pattern in late March. The market stayed inside the 4.600 to 4.000 price range for over two months before finally breaking out and trading sharply higher on June 3. While a side way consolidation pattern can offer trading opportunities for the astute swing trader,… read more