Tag Archives: price action

Swing Trading Strategies – Can Time and Price target objectives be projected in advance? By John Crane [chart]

On August 3rd, August Hogs traded at a new three month high, reaching 87.57,  before reversing and closing  as an “outside day” price bar with a negative close. The next day, the market collapsed and closed limit-down.  Could the time and price of this significant high have been predicted? To answer this question, lets take a look at the ‘action/reaction” time and… read more

Swing Trading Strategies – Does the Canadian dollar still have room to run? [chart]

The Canadian dollar finished Tuesday’s projected reversal/reaction day (projected by using the reverse count form July 9 back to the low on June 24, with the forward count beginning on July 20.) with an “inside day” price bar. An “inside day”, on a reversal/reaction day, is considered a continuation pattern. Wednesday’s price action is also… read more

Swing Trade Strategies – After completing the bearish reaction cycle, what is next for the Gold? [chart]

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

Swing Trading Strategy – Wheat hits target objective on predicted Reversal date. What’s next? [chart]

On June 29, September Wheat traded lower and closed at $4.57. This close was inside the 60% buy window that had began at $4.58 1/2. The following day, Wheat opened steady before surging higher and closing above the previous three closes. This higher close confirmed the June 29 low as the (D) pivot low. At the same time,… read more

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 Strategies – Action-Reaction makes accurate Gold projections, here is how! [chart]

As the August Gold futures contract trades at a new twelve week low and tests the reaction line target objective (currently at $1155.90) on a projected reversal date, I think it would be a good time to look back and see how this reversal date and target objective were determined, several days in advance. To begin, I will go… read more

Swing Trading Strategies – What can you learn from looking at past price action? [chart]

Looking into the past can provide a wealth of information when trying to find future support and resistance levels. Past high or low price pivot points should not be ignored and can be critical when trying to identify or project futures price swings and trend reversals. The later came into play recently in the Dollar Index. The Dollar index had… read more