Tag Archives: Action/Reaction

Swing Trading Strategies – R swing triggers buy for British pound – where will it go? [chart]

In the last issue of the TMV Swing Trade Report, I talked about the recent British pound price action and the possible bullish pattern forming over the past few days. The market had traded to a high of 1.5130, just missing my initial 1.5155 target objective identified by the reaction line. The market ended up backing… read more

Swing Trade Strategies – What is today’s price action telling us about Soybeans? [chart]

November Soybeans dipped into the 60% buy zone for the second time in as many days. Just like the previous day, Soybeans reversed and traded higher, moving out of the buy zone. Since today’s price action did occur on the projected reversal date, it may be significant because it occurred one day before Wednesday’s Grain Stocks and… read more

Swing Trade strategy in British pound [chart]

I currently have a recommended long position for the September British pound – long from 1.485- in the TMV Swing Trading Report. In the last issue I expressed concern that the market may have difficultly crossing the up-sloping median line and it my be time to exit. On the bullish side, is the bullish reversal… read more

Swing Trade Strategies – Using “Market Timing Intelligence”. by John Crane

The recent price action in the July Natural gas offers a good example of the “action-reaction” trading methodology is action. Knowing probable levels of future support and resistance levels has always been a goal of both swing traders and day traders alike. The advance knowledge can give you an edge when looking to lower your… read more

Swing trade signals – Bullish patterns in Cattle and Sugar. [chart] John Crane

There are a couple of potential swing trade signals showing up on the charts. The first one to look at is  in the August Cattle. The market has formed a bullish TR swing pattern after completing  an A-B bottom formation on June 11th. The market rallied off this low and reached the 20-day EMA where it formed… read more

Day trade signal – Sept E-mini S&P [chart]

Daytrade signal – Buy Sept ES @ 1106.25 stop – 1st target 1110.05 – 2nd target 1112.50 Risk to 1103.75 Long Sept E-mini S&P results – Buy signal triggered at 1106.25. First target exit one contract at 1110.00. After 1st target level was reached, the stop loss was raised to 1107.25 for remaining two contracts. Closed for 5.00 gain.… read more