Tag Archives: swing trading strategy

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

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

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

Market Alert! Lean Hogs gap lower and trigger new selling opportunities. – swing trading strategies, swing trade signals, price action, action reaction, market timing

June Lean Hogs opened sharply lower, leaving a gap and trading below the prior swing low and downward trending median line. The price action confirms overall technical weakness in the market and portends further downside pressure into the June 2, 2011 and June 6, 2011 projected reversal dates. The action-reaction projection also show a projected… read more

Currencies review – swing trading strategies, swing trade signals, action reaction.

Currencies are all trading under pressure from a higher dollar. The dollar is trading higher, after breaking out of a bullish reaction swing chart pattern that portends a continuation of this price advance into the May 26th reversal date. The British pound, Canadian dollar, and the Australian dollar  remain bearish due to negative price action… read more