On September 14th, I posted this commentary and recommendation about the December Copper. Soon after this was posted the market traded through the trigger price to elect the buy signal for a long position. December Copper – Copper resumed the longer-term bullish trend after ending the four-day corrective pullback into a projected reversal swing date.… read more
Tag Archives: market timing
Initial jobless Claims 9/30/2010 – Futures News
WASHINGTON (AP) — Applications for jobless benefits dropped last week for the third time in four weeks, a sign that employers are cutting fewer jobs. The Labor Department says that initial claims for unemployment aid fell by 16,000 to a seasonally adjusted 453,000. Wall Street analysts had expected a smaller drop. The decline returns jobless… read more
Swing Trading Strategy – Using the Median line, combined with the Reversal Date Indicator, to enhance market timing. [chart]
According to Dr. Alan Andrews, one of the main median line trading principles was that price will return to the median line 80% of the time. Secondly, if the price trades up to the median line and gaps down or makes a long-range day away for the median line, it is a sell signal. Understanding… read more
Reversal dates for the week of September 20 – September 24
Monday – Corn, Silver, Copper, Sugar Tuesday – Wheat, Soybeans, Bean oil, S&P, Dow Jones, British pound Wednesday – Coffee Thursday – Cattle, Corn, Eurocurrency Friday – Coffee www.tradersnetwork.com Swing Trading with Market Timing intelligence The most important element of a successful swing trading approach is market timing of both entry and exits. In this… read more
Swing trade strategy – Long Lean Hogs signal surges higher…when and where is the next objective? [chart]
The TMV Swing Trade Report is currently long October Lean Hogs @ 77.47. The swing trade signal was based off the longer-term coiling pattern with a bullish reaction swing at the apex.The market surged out of the reaction swing and the “energy building” coiling pattern during Tuesday’s session. This price action suggests Hogs should continue to advance into… read more
Swing Trading Strategy – Is Copper ready to run? [chart]
December Copper – Copper resumed the longer-term bullish trend after ending the four-day corrective pullback into a projected reversal swing date. The pullback ended on the September 13th reversal/reaction day after the market found support at the 20-day EMA and lower parallel line before reversing and trading higher for the remainder of day. The market… read more
Reversal Dates for the week of Sept 13 – Sept 17
Monday – RBOB gas, Copper, Cotton, Sugar, Coffee Tuesday – Hogs, Australian dollar Wednesday – Wheat, Dow Jones, Coffee Thursday – Cattle, Soybeans, Gold, Canadian dollar, Eurocurrency Friday – Cocoa… read more
Swing Trading Strategies – New reaction swing pattern in Copper, what does it mean? [chart]
The TMV Swing Trading Report is currently holding a long recommendation for December Copper at 347.50 – Over the past few days, Copper pulled back to test support from the prior swing high (343.05 on August 4th), before rebounding slightly near the close. This short-term corrective pullback has formed a reaction swing pattern with a trigger… read more
Swing Trading Strategies – Gold reached the target objective on the projected reversal date! [chart]
In the August 25th issue of the Traders Market Views Swing Trading report, I wrote about the bullish TC pattern (trend continuation) that had just formed in the December Gold. The TC pattern began with the high pivot on August 19 and ended with a low pivot on August 23…which also happened to be a projected… read more
Swing Trading Strategies – Silver triggers new buy off of reversal/reaction date pattern. [chart]
Silver triggered a new buy signal after the overnight price dip below the ascending median line. Silver hasd crossed the median line, for the first time, on August 25th. Silver went on to use the median line as support and closed above the line four days in row, before dropping below the line overnight. However,… read more