Tag Archives: Swing Trading

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

Swing Trading strategies – July Wheat sets up for new price move. – swing trade signals, price action, action reaction, reversal dates

July Wheat competed a downward trending 5-wave continuation pattern between the April 25, 2011 and May 12, 2o11 reversal dates, with a pivot low at $7.23. The market tested the lower parallel line support on the May 12th reversal date and turned higher. The pivot low was followed by a strong two and half day… read more

Trade Alert! – Short July Cocoa breaks support. – swing trading strategies, swing trade signals, action reaction, reversal dates, market timing.

TMV Swing Trade report – Short July Cocoa @ 3012 – current price @ 2901 – Patience finally paid off as the Cocoa breaks support and quickly falls over 70 points during Friday’s session. So where to now? The next reversal date is due on May 27th and the reaction line intersects with the descending… read more

Reversal dates for the week of May 23 through May 27. – swing trading strategies, action reaction, market timing, swing trade signals

Monday – May 23 – Soybeans, Soy meal, Heating oil, S&P, Rice Tuesday – May 24 – Crude oil, Natural gas, Sugar Wednesday – May 25 – Dow Jones Thursday – May 26 – Dollar index, Sugar Friday – May 27 – Cattle, Wheat, Cocoa, Nasdaq For information about how to use the reversal dates,… read more

Market Alert! – June Eurocurrency turns lower by short-term reversal bar. [chart] swing trading strategies, swing trading signals, action reaction., market timing

TMV Swing Trade report – Long June Eurocurrency @ 1.4239 – The euro traded above the prior high at 1.4337, (basis the 60-minute chart) as it reached a projected reversal bar. The reversal bar turned the market lower and peg-leg pattern. Time to exit the long position at the market.… read more

Trade Alert! – Short Lean Hogs approaching target objective! Swing Trade Strategies, swing trade signals, action reaction, market timing,

TMV Swing Trade report – Short June Hogs @ 93.70 – current price @ 92.05 – The market tested the downward sloping median line,early in the trading session. The median line will most likely act as support from where the market may rebound. It is time to exit the short Lean hog position at 91.70… read more

Trade Alert! – July Sugar setting up for price advance! – swing trading strategies, swing trade signals, price action, action reaction, market timing. [chart]

July Sugar is forming a bullish complex reaction swing, with a peg-leg pattern, on the 60-minute chart. A trade above 22.05 is needed to confirm the new pattern. If confirmed, the price pattern portends  quick price advance toward 23.50.… read more