– A look at the recent chart of the September Wheat shows a very good example of “action/reaction” combined with a reversal date projection. Combining the two unique trading techniques can be a very powerful swing trading strategy. The first thing I want you to notice is the June 29th reversal date, marked as the (D) pivot… read more
Tag Archives: chart patterns
Reversal dates for the week of July 12 – July 16.
Monday – Cattle, Soybeans, Gold, Cocoa, Coffee Tuesday – S&P, British pound Wednesday – Thursday – Crude oil, Natural gas, Treasury bonds, Dow Jones, Australian dollar, Coffee Friday – Cocoa… read more
Swing Trading Strategies – Dow Jones rallies to target objective in two days after predicted low! What now? [chart]
September Dow Jones – Dow Jones futures rallied for the second day in a row after it was reported that American retail sales grew at the fastest pace in four years. This news gave traders optimism that consumer spending is holding strong in spite of the drop in confidence. Technically, the market has continued to… 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
Reversal swing dates for the week of July 5 – July 9.
Monday – RBOB gas, Heating oil, Treasury bonds, Dow Jones Tuesday – Soybeans, Natural gas, Copper, Dollar index Wednesday – Wheat, Silver, British pound Thursday – Corn, Crude oil, Cocoa Friday – Heating oil, Gold… read more
Swing Trading Strategies – R swing triggers buy for British pound – where will it go? [chart]
In the last issue of the TMV Swing Trade Report, I talked about the recent British pound price action and the possible bullish pattern forming over the past few days. The market had traded to a high of 1.5130, just missing my initial 1.5155 target objective identified by the reaction line. The market ended up backing… read more
Swing Trade Strategies – What is today’s price action telling us about Soybeans? [chart]
November Soybeans dipped into the 60% buy zone for the second time in as many days. Just like the previous day, Soybeans reversed and traded higher, moving out of the buy zone. Since today’s price action did occur on the projected reversal date, it may be significant because it occurred one day before Wednesday’s Grain Stocks and… read more
Swing trading strategies – Dollar Index at critical juncture! [chart]
Reversal dates for the week of June 28 – July 2.
Monday – Tuesday – Soybeans, Crude oil, Gold, S&P, Australian dollar Wednesday – Treasury bonds, Dow Jones, Coffee Thursday – N-gas, Heating oil, Dow Jones, Canadian dollar, British pound, Cotton, Cocoa, Sugar Friday –… read more