Monday – Cattle, Hogs, Gold Tuesday – Heating oil Wednesday – Treasury bonds, Australian dollar Thursday – Soy meal, S&P, Dow Jones, Canadian dollar, Cocoa, Orange juice, Coffee Friday – Cattle, Cotton… read more
Tag Archives: swing trading strategy
Swing Trade signals – Dow Jones – failed swing pattern portends trend change. [chart]
June Dow Jones futures traded below the prior swing low on June 8th. The market was trading out of a three -wave continuation pattern and the new low suggested a continuation of the downward trend. However, the market stalled and began to erase all the daily losses and finally closed above the previous low close and at the… 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
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
Swing Trading strategy – Gap-N-Go pattern triggers strong buy in Crude oil. [chart]
In the May 27th (Thursday) issue of the TMV Swing Trading report, I recommended buying the July Crude oil on a pullback to 70.80. The market had closed at 71.51 after confirming a bullish Gap-N-Go pattern. Crude dipped down to 70.67 early in the following session, where it triggered the buy signal before turning higher and staging a… read more
Swing Trading Strategies – Predicting the low in the Dow Jones by John Crane. [chart]
The Dow Jones futures continue to rally off the May 25th reversal swing date after closing lower on Wednesday. After making a corrective rebound into the 60% sell window on May 13th, the market turned lower and resumed the downward trend. The May 13th high was the final pivot of a bearish TC pattern (trend continuation)… read more
Swing Trading Strategies intra-day using “action-reaction” by John Crane. [chart]
Most of my posts are about swing trading strategies using daily charts. Therefore, I am often asked if the “action-reaction” method can also be used when daytrading. Yes, it can. This 3-minute chart, of the June Eurocurrency, offers a great example of “action-reaction” at work intra-day. Between 7:48 a.m. and 7:54 a.m. (MST) on the… read more
Swing trading strategies – Euro reaches target line on projected R-swing date. [chart]
June Eurocurrency – After plunging over 220 during Tuesday’s session, the euro opened lower on Wednesday’s reversal date before turning higher and posting a strong rally. The market had tested the reaction line support early in the session and it provided the springboard for the subsequent 200-point rally that was triggered by the reversal date.… read more