As I listened to the talking heads, on the business news channel, talk about the unexpected collapse in the Gold and Silver, I was thinking, “Was this really a surprise?” I look back to the August 19, 2011 issue of the TMV Swing Trade report where I talked about the price action in the Silver and Gold… read more
Tag Archives: chart patterns
Update on S&P signal – Sell signal triggered by reversal date pattern. Swing trade signals, action reaction, market timing, price action
TMV Swing Trade report – short September E-mini S&P from 1176.75 – current price @ 1142.00 – On August 15, 2011, I posted a blog that included a daily chart of the September S&P 500, with the August 16th reversal date marked as a possible pivot high and reversal point. I said the reversal date… read more
Market Alert ! Silver fails to break above median line.
TMV Swing Trade report – Long September Silver @ 41.12 – Silver was unable to remain above the upward sloping median line and reversed direction mid-session. A swing pattern failure pattern, on the intra-day chart, warned of the reversal and signaled an exit of the long position.… read more
Market News – EIA weekly Petroleum report – trading news, futures trading, swing trading strategies, swing trading signals
Released on 7/20/2011 10:30:00 AM For wk7/15, 2011 Prior Actual Crude oil inventories (weekly change) -3.1 M barrels -3.7 M barrels Gasoline (weekly change) -0.8 M barrels 0.8 M barrels Distillates (weekly change) 3.0 M barrels 3.4 M barrels The Crude oil remains steady after the release of the EIA weekly energy report. The chart price action remains neutral to bullish… read more
Market Alert! – Reversal date triggers buy in Crude oil. – swing trade strategies, swing trade signals, price action, action reaction, median line
Crude oil is trading sharply higher due to the weaker dollar and concerns that Wednesday’s oil stock’s report will be bullish. The market posted a pivot low on Monday’s projected reversal date, setting up a bullish swing trade opportunity. Buy September Crude oil with a stop loss at 95.02. … read more
Using Median lines to identify high probability target objectives and reversal points.
The daily chart of the September S&P offers great example of median lines in action and the benefits of understand price action. Dr. Alan Andrews stated that the market will move towards the latest median line. The median line acts as a target objective where the market should stall or reverse directions. Median line can… read more
Swing Trading with Market Timing Intelligence – Using Action-Reaction and Median lines to improve your timing for entry and exits
Swing Trading with Market Timing Intelligence Using Action-Reaction and Median lines to improve your timing for entry and exits Swing trading is becoming one of the most popular trading approaches. Traders are finding that day-trading can be emotionally and physically draining and long-term investing has become difficult in the current high volatility market trading… read more
Market action alert! Long Japanese yen has reached short-term target objective. – swing trading strategies, swing trade signals, market timing, action reaction, median lines, trading futures
TMV Swing Trading report – long June Japanese yen @ 123.93 – exit price @ 124.74 – The Japanese yen has tested the upward sloping median line twice and formed a potential short-term double top on this 60-minute chart. It also traded above Friday’s high on Monday’s projected reversal date. Due to this price action… 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