Tuesday has three markets with potential reversal dates that could set up a swing trading opportunity. June Lean Hogs – This market has been lower after peaking on the April 4, 2011 reversal date. The market is currently trading just above the downward sloping median line. This line typically provides support where a market can… read more
Tag Archives: price action
Time to exit long position in Rough Rice, Swing Trading Strategies, Swing Trading signals, trading futures, Commodity Trading, Action-Reaction
TMV Swing Trading Report – Long July Rough Rice @ 14.820 – current price @ 15.20 – Rice gapped higher this morning, but failed to reach the upward sloping median line before forming a bearish pattern in the 60-minute chart. I recommend exiting the long position and bank the gain at this level.… read more
Silver plunges after reaching projected target price and time. Swing Trading Strategies, Action-Reaction, Futures trading, Swing Trading Signals.[chart]
In the previous TMV Swing Trade reports and live webinars I talked about the reaction cycle in Silver. After the reaction swing was confirmed on March 23, 2011, I was able to project April 26, 2011 as the end of the cycle with a long-term price objective at the intersection of the ascending parallel line… read more
Reversal dates for the week of May 2 – May 6. Swing Trading Strategies, Swing Trading, Swing Trading Signals, Action-Reaction
Monday – Tuesday – Lean Hogs , Natural gas, British pound Wednesday – Cattle, Soybeans, Bean oil Thursday – Corn, Natural gas, Australian dollar Friday – Coffee To learn more about how to use reversal dates sign up for our free webinar to learn how to use more about Swing Trading with Market Timing… read more
Long Natural gas has reached the target objective. Swing trading strategies, swing trade signals, swing trading, trading futures, action-reaction
TMV Swing Trade Report – Long June Natural gas @ 4.310 – current price @ 4.688. Natural gas has reached the action/reaction target objective. It is time to exit and bank the gains from a very good trade. I will continue to monitor this market to see if it will pull back into the May… read more
Gold reaches reaction line target objective on projected reversal date./swing trading strategies/swing trading signals/futures trading
June Gold traded to a new contract high of $1542.70, on Friday, April 29, 2011, the projected reversal date. Gold also reached target objective at the intersection of the ascending median line and downward sloping reaction line. This price action completes the longer-term bullish cycle that began with a pivot low on January 27, 2011.… read more
Swing Trading Strategies – Possible short-term bottom in June Lean Hogs. [chart]
TMV Swing Trade Report – Short from 99.92 – current price 96.05 – Lean Hogs traded below the low of Wednesday’s reversal date low, but have begun to form a peg-leg formation on the 60-minute chart. This could signal the beginning of a corrective bounce into the next reversal date due on May 3, 2011.… read more
Swing Trading Strategies – Long S&P hits target objective before turning lower. [chart]
TMV Swing Trading Report – Long June S&P (e-mini) @ 1338.75 – Hit the Target! – The long position reached the 1354.75 target objective at the same time it reached the projected reversal bar and downward sloping reaction line. The long position was closed at 1354.75 only minutes before the market peaked at 1356.25 and… read more
Swing Trading Strategies – Long Eurocurrency hits target objective! [chart]
TMV Swing Trade Report – Long June Eurocurrency @ 1.4651 – Hit the Target! – The euro pushed higher overnight and reached the target objective to close the long position at 1.4775 big gain! The long-term chart shows the market traded to a high of 1.4864 and tested the overhead ascending median line. This line… read more
Swing Trade signal – Bullish price action in Crude oil could signal new price advance. [chart]
TMV Swing Trade report – Short June Crude oil @ 111.95 – Crude traded to a low of 110.71 and where it found support and reversed and traded above the daily high. This is bullish price action and could set up a new price advance. Time to exit the short position and stand aside for… read more