During the first week of May,2010, several markets experienced extreme volatility. During extreme volatility, many trading programs and strategies break down because of sudden reversals and lareg price moves. In the two videos titled, ” Trading in Volatile Markets” I walk through several markets using the “Action-Reaction” theory and the Reversal dates to show you how this… read more
Tag Archives: Action/Reaction
Swing trading software – currencies – RT Swing Trader catches the big moves.
Looking for a trading software program to help you trade the volatile currency markets? You may want to consider the RT Swing Trader. The program signals are pattern based so that it uses the markets own price action to identify “sweet spots” where the markets are building energy inside a trend that precede explosive market moves.… read more
Reversal Swing dates – May 17 – May 24
Monday – Hogs, Corn, Soybeans, Gold, Eurocurrency, Australian dollar, Cocoa, Swiss franc Tuesday – Wednesday – Soy meal, Silver, Eurocurrency Thursday – Soybeans, Bean oil, Treasury bonds Friday – Japanese yen, Cotton, Coffee… read more
Swing trading strategy – Gold – Using the TC pattern to project major turning point in Gold. [chart]
This chart offers a good example of a TC pattern (Trend Continuation) in the June Gold. After touched the ascending median line on April 12th, Gold began a corrective pull back into the April 19th reversal date and posted a low at $1124.50, where Gold found support from the up-sloping lower parallel line and the 20- day SMA. The… read more
Swing trading – currency trading – Major reversal in Canadian dollar projected in advance. [chart]
The Canadian dollar formed a bearish TR swing pattern after posting a major high on the April 22nd reversal date and turned lower in front of the May 6th meltdown and subsequent drop to 9293. The “loonie” rebounded from the low and traded higher into the May 12th reversal swing date, closed inside the 60% sell… read more
Swing Trading Strategies – How the Reversal swing date triggered swing trade in Silver. [chart]
July Silver peaked at $18.89 on May 3rd, one day after the projected reversal swing date. The following day, Silver began a sharp two-day decline that dropped the price from $18.85 to $17.08. The price decline stopped inside the 60% buy window (based off the price swing from March 25 to April 12), but more… read more
Swing trading futures – Bearish Reaction in Cotton [chart]
Tuesday’s Crop Production report indicates that U.S. production will increase 37 percent in the next marketing year, due to an increase in harvested acreage and “unusually favorable” soil moisture in Texas. Looking at the chart, I see a bearish swing pattern forming under the 20-day EMA that could trigger the next market decline. Sell Cotton… read more
Swing Trading Strategies – How the Reversal dates picked the high for the Dow Jones futures. [chart]
Last Thursday, the business channels were full of experts expressing shock as the market plunged. They acted surprised that the market could be trading lower in the midst of such a strong and prolonged upward trend. But, was it really a surprise and were there warning signs that preceded the unprecedented price collapse? I think… read more
Swing Trading Strategies – R-Swing date picked high in U.S Dollar
During last Thursday’s trading session the business channels were full experts expressing shock as the market plunged. They acted surprised that the market could be trading lower in the mist of such a strong and prolonged upward trend. But, was it really a surprise and were there warning signs that preceded the unprecedented price collapse? I think… read more
Swing Trading Strategies – Reversal Swing dates for May 10 – May 14.
Monday – Treasury Notes Tuesday – Treasury Bonds, Dow Jones Wednesday – Corn, Wheat, Canadian dollar, British pound, Australian dollar Thursday – Eurocurrency Friday – Dollar index, Cocoa, Coffee For more information about Reversal swing dates and the “action-reaction” theory check out “Unlocking Wealth, Secret to Market Timing”.… read more