Gold completed the long-term bearish reaction cycle when it reached the downside target objecitve of $1156.90 on the July 28 reversal date. This date had been projected 7 days earlier, after Gold had completed the TC (trend continuation) pattern with a lower close on July 16. Using the newly confirmed TC pattern, a reverse/forward count was done with… read more
Tag Archives: traders market views
Swing Trading Strategies – Long Coffee signal reaches target objective! A follow up to the July 23rd blog! [chart]
In the July 23, 2010 issue of the TMV Swing Trading Report, I made a recommendation to buy Coffee at 162.05. (See the July 23 post in this blog) The buy signal was triggered following the completion of a five-wave continuation pattern and ended on the July 21…a projected reversal date. The buy signal was triggered on… read more
Swing Trading Strategy – New reaction swing projects higher target objective for Wheat! What’s the new price? [chart]
September Wheat could continue to trade higher until it reaches the newly projected reaction line. The market had reached the previous reaction at $5.66 during Wednesday( July 14) trading session, before backing off and closing at $5.59. This time and price objective where determined from the TR pattern. (See blog entry from July 12). However,… read more
Swing trading strategy – August Natural gas surges higher on projected reversal date! How was it done?. [chart]
Natural gas surged over a $3,000 higher, after posting a bottom at 4.288 on the projected reversal date! The TMVSwing Trading Report had been short August Natrual gas from 4.550 ( recommended in July 8th issue). The target objective was 4.250 with a projected reversal date due on July 15th. I was looking for the N-gas to trade lower into the… read more
Swing Trading Strategies – Dow Jones reverses on projected Reversal dates. [chart]
If you were reading the TMV Swing Trade report last week, you know that I said the the Dow Jones futures should trade lower into a cluster of reversal dates due on Thursday (July 1) and Friday (July 2). The Dow Jones futures reached the downside target objective during Thursday’s session and closed on the up-sloping reaction line support. I also… read more
Swing Trading Strategies – Reaction swing triggered sell for gold before the plunge! [chart]
August Gold – The TMV Swing Trade Report is currently hold the short position in the August Gold from $1247.00. Gold finally gave it up on July 1st and finally confrimed the bearish reaction swing I have been talking about in the newsletter for the past afew days. The market had been trading in a sideway consolidation pattern since… read more
Swing Trade Strategies – Using “Market Timing Intelligence”. by John Crane
The recent price action in the July Natural gas offers a good example of the “action-reaction” trading methodology is action. Knowing probable levels of future support and resistance levels has always been a goal of both swing traders and day traders alike. The advance knowledge can give you an edge when looking to lower your… read more
Swing trading strategies – How ‘action/reaction” triggered early buy signal before Coffee surge! [chart]
A possible shortage of certified Coffee stocks, for July delivery, provide the springboard for 1.40o point price surge during the past two session…with over 1000 points of that rally during Friday’s session. This price action provided a great trading opportunity for traders following the Traders Market Views Swing Trading Report. A buy signal was triggered on June 8th with 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 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