Tag Archives: chart patterns

Swing Trading Strategies – Lean Hogs trade sharply lower – time to lower stop loss. [chart]

TMV Swing Trade report – Short June Lean Hogs @ 100.05 – current price @ 99.12 – Lower stop loss to 100.95. The price action has confirmed the sell  and allowed the stop loss to be lowered to an intra-day swing high. The reverse/forward count projects the next reversal date for April 22.… read more

Reversal dates for the week of April 11 – April 15

Monday – Gold , Eurocurrency, Coffee, Japanese yen Tuesday – Copper, Swiss franc Wednesday – Crude oil, Heating oil, Silver, Cocoa Thursday – Japanese yen, Sugar Friday – Gold, Cocoa   For more information on reversal dates go to www.tradersnetwork.com.… read more

Swing Trading Strategy – Short Coffee update!

TMV Swing Trading report – Short May Coffee @ 275.25 – After trading through the trigger price to confirm the sell at 275.25, coffee continued to trade lower until it found support at the lower ascending parallel line.  The current price action suggests Coffee may bounce off support and trade back to the 20-day EMA… read more

TMV Swing Trading Report update – Cocoa breaks hard after triggering sell pattern. [chart]

TMV Swing Trade Report – Short May Cocoa @ 3623 –  Cocoa completed the bullish reaction cycle when the market posted two consecutive reversal dates in a span of five days. Further more, the market formed a bearish peg-leg formation between the two downward sloping reaction lines. Based off the reversal dates and price action… read more

Swing Trading Strategy – Looking inside the price bar to sell March Wheat. [chart]

Had a question today, about my early entry signal to sell March Wheat. In yesterday’s issue of the TMV Swing Trading Report I recommended selling the March Wheat at $8.67 instead of waiting for a trade below the prior pivot low of $8.55 1/2 . Wheat had posted a low on the February 11th reversal… read more

Swing Trading Strategies – British pound could have one more push higher to end the cycle. [chart]

March British Pound – The two reversal dates—January 25 and January 31—provided support for the quick rally into the ascending median line target objective. The pound tested the median line, as well as the prior swing high at 1.6229, posted on November 4, 2010) before turning lower and trading lower into the minor reversal date… read more

Swing Trading Strategies – March Wheat is approaching next reversal date and target objective. [chart]

TMV Swing Trade report – Long March Wheat @ $8.10. March Wheat continues to climb towards the projected target objective of $8.65. The long position was triggered after March Wheat traded lower and found support at the 20-day EMA of the January 2oth reversal date. Two days later, Wheat traded through the ascending median line… read more

Swing Trading Strategies – What did “action-reaction” tells us about today’s reversal in Lean Hogs? [chart]

In last night’s issue of the TMV Swing Trading Report I wrote about the confluence of resistance displayed on  the February Lean Hogs chart. Prices had advanced slightly through the short-term ascending median line and were poised to test the long-term median line, as well as testing the prior major swing high of 81.37, posted… read more