Tag Archives: price action

May Silver, lower trade into 3/9 R-swing date sets up buying opportunity. [chart]

May Silver has ben in a strong upward trend since it confirmed the bullish TC pattern (formed between 2/19 and 2/23).  The market paused for a couple of days and traded lower into the 3/9 reversal swing date. It didn’t take long before the reversal began to kick in and the Silver began to climb back toward unchanged. This should signal… read more

Using “Action/Reaction” to project future turning points a price target objectives. [video]

This video shows how to use the median line as a momentum indicator and the reaction line as a target objective in a two different market situations. http://www.youtube.com/Tradersnetworkinc#p/a/u/0/J0xK_GMB8EI… read more

Dow Jones breaks through resistance hurdle, bullish cycle remains intact.

After confriming the bullish TC (trend continuation) pattern on March 2nd, the Dow Jones futures stalled at the prior pivot level and even backed up to test support at the lower parallel line. However, the bullish cycle held and propelled the Dow Jones futures past the previous high with good seperation. This keeps the bullish… read more

Swing Trading with Market Timing Intelligence Using the “Action/Reaction” Theory.

Swing Trading With Market Timing Intelligence Using the “Action/Reaction” Theory. By John Crane “Man masters nature not by force, but by understanding.” This quote may be about nature, but it also holds true when it comes to trading. Before anyone can master the markets, they need to understand market structure and market behavior. With all… read more