I currently have a recommended long position for the September British pound – long from 1.485- in the TMV Swing Trading Report. In the last issue I expressed concern that the market may have difficultly crossing the up-sloping median line and it my be time to exit. On the bullish side, is the bullish reversal… read more
Tag Archives: price action
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
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 trade signals – Bullish patterns in Cattle and Sugar. [chart] John Crane
There are a couple of potential swing trade signals showing up on the charts. The first one to look at is in the August Cattle. The market has formed a bullish TR swing pattern after completing an A-B bottom formation on June 11th. The market rallied off this low and reached the 20-day EMA where it formed… read more
Reversal dates fro the week of June 21 – June 25
Monday – Natural gas, Heating oil, Treasury bonds Tuesday – S&P, Dow Jones, British pound, Japanese yen Wednesday – Gold, Cocoa Thursday – Friday –… read more
Day trade signal – Sept E-mini S&P [chart]
Daytrade signal – Buy Sept ES @ 1106.25 stop – 1st target 1110.05 – 2nd target 1112.50 Risk to 1103.75 Long Sept E-mini S&P results – Buy signal triggered at 1106.25. First target exit one contract at 1110.00. After 1st target level was reached, the stop loss was raised to 1107.25 for remaining two contracts. Closed for 5.00 gain.… read more
Swing Trading Strategies – N-gas reverses at R-line target objective. [chart]
July Natural gas ended a corrective pullback on the June 9threversal swing day (marked by the green arrow on the chart). The newly confirmed reaction swing received additional bullish confirmation when N-gas gapped higher at the open of the June 14th trading session and then closed 225 points higher for the day. It appeared that N-gas was off and running as bullish news appeared everywhere.… read more
Swing trading strategies – How to handle explosive markets! [chart]
July Coffee continues to push higher, surging over 2400 points in the last four days. Explosive markets can offer huge opportunities or huge risks. In this case, price has exceeded time as Coffee reached the first reaction line target objective (148.50, on Friday, June 11. 2010), before settling back to the up-sloping median line at the close of… 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
Reversal dates for the week of June 14 – June 18
Monday – Cattle, Hogs, Gold Tuesday – Heating oil Wednesday – Treasury bonds, Australian dollar Thursday – Soy meal, S&P, Dow Jones, Canadian dollar, Cocoa, Orange juice, Coffee Friday – Cattle, Cotton… read more