Monday – June 6 – Soybeans, Natural gas, Japanese yen, Cotton Tuesday – June 7 – Lean Hogs Wednesday – June 8 – Bean oil, gold, S&P, Cocoa Thursday – June 9 – Crude oil, RBOB gas Friday – June 10 – Natural gas, Dow Jones, British pound… read more
Tag Archives: price action
Market Alert! – July Coffee surges higher after reversal date signal.
In yesterday’s free live trading webinar, I discussed July Coffee. I used the daily chart to show how the market had posted a new low close of 255.95. on the projected reversal date of June 1, 2011. The market reversed on the following day–the “trail” day”–and closed higher. This price action formed a peg-leg pattern… read more
Trade Alert! – Short July Crude oil approaching target objective! – swing trading strategies, swing trade signals, price action, market timing, action reaction, median liness
TMV Swing Trade report – Short July Crude oil @ 101.75 – current price @ 100.25 – The market is approaching the 99.75 target objective!… read more
Trade Alert! Sell signal triggered in July Crude oil. – Swing trading strategies, swing trade signals, price action, market timing, action reaction, trading futures.
Crude oil futures traded lower after ADP Employer Services reported that U.S. companies added fewer jobs than forecast during May. The Report showed employment rose by 38,000 in May, the smallest increase since September. That number was much lower than the 175,000 gain that was forecast. The report triggered aggressive selling in Crude oil… read more
Trade Alert! – New swing trading opportunity in the Japanese yen. – swing trading strategies, swing trading signals, action reaction, market timing, price action, reversal dates.
TMV Swing Trade report – The Japanese yen completed the 5-wave corrective pullback when it reached the upward sloping parallel line two days after the May 20, 2011 reversal date. After testing support, the yen rebounded with two sharply higher price bars and closed above the20-day EMA, before testing the parallel line at 122.29, for… read more
Reversal dates for the week of May 30 through June 3. – swing trading strategies, market timing, futures broker, price action, sing trade signals
Monday – 5/30/11 – Treasury bonds Tuesday – 5/31/11 – Crude oil, RBOB gas, S&P, British pound Wednesday – 6/1/11 – Coffee Thursday – 6/2/11 – Cattle, Hogs, Soybeans, Bean oil, Canadian dollar, Australian dollar, Swiss Franc Friday – 6/3/11 – Silver, Gold, Eurocurrency, Sugar For more information about reversal dates go to www.tradersnetwork.com… read more
Market update – Long July Sugar hits target! – swing trading strategies, swing trade signals, action reaction, market timing, futures trading.
TMV Swing Trade report – Long July Sugar from 22.32 – Hit the Target! Sugar traded higher overnight and reached the target objective to close the short-term swing trade at 22.94.… read more
Market Alert! – Short S&P turns higher at median line! – swing trading strategies, swing trade signals, price action, action reaction, reversal dates, futures broker
TMV Swing Trade report – Short the S&P (e-mini) at 1311.25 – Exit price @ 1311.25 – In the TMV I said I was looking for a short-term selling opportunity. I was using the reaction line target objective on the 60-minute chart for a target at 1299.50. The market traded lower over night but came… read more
Reversal date summary for May 25, 2011 – swing trading strategies, swing trade signals, price action, action reaction, futures brokerage, market timing
June Dow Jones – The market tested support provided by the upward trending lower parallel line, on the projected reversal date. (Wednesday, May 25, 2011). This confluence of support may prove significant because it follows a possible 5-wave continuation pattern. The market need to confirm a reversal pattern confirmation before we know for sure but if it… read more
Market Alert! – Wheat formed bullish reaction swing, will it confirm the buy signal? [chart] – swing trade strategies, swing trade signals, price action, action reaction, market timing, futures trading
July Wheat formed a bullish five-wave continuation pattern between April 25, 2011 and the May 13, 2011 reversal date. The market posted pivot low on the May 13th reversal date and turned higher, followed by three higher price bars and a close above the 20-day EMA. The price action was followed by a pullback to… read more