According to Dr. Alan Andrews, one of the main median line trading principles was that price will return to the median line 80% of the time. Secondly, if the price trades up to the median line and gaps down or makes a long-range day away for the median line, it is a sell signal. Understanding… read more
Tag Archives: swing trading strategies
Reversal dates for the week of September 20 – September 24
Monday – Corn, Silver, Copper, Sugar Tuesday – Wheat, Soybeans, Bean oil, S&P, Dow Jones, British pound Wednesday – Coffee Thursday – Cattle, Corn, Eurocurrency Friday – Coffee www.tradersnetwork.com Swing Trading with Market Timing intelligence The most important element of a successful swing trading approach is market timing of both entry and exits. In this… read more
Swing trade strategy – Long Lean Hogs signal surges higher…when and where is the next objective? [chart]
The TMV Swing Trade Report is currently long October Lean Hogs @ 77.47. The swing trade signal was based off the longer-term coiling pattern with a bullish reaction swing at the apex.The market surged out of the reaction swing and the “energy building” coiling pattern during Tuesday’s session. This price action suggests Hogs should continue to advance into… read more
Swing Trading Strategies – Long “Aussie” dollar hits target objective! [chart]
TMV Swing Trade Report – Long September Australian dollar @ .9055. – Hit the Target! – The long position was closed at the target objective .9225. For updates on other current recommendation www.tradersnetwork.com… read more
Swing Trading Strategies – New reaction swing pattern in Copper, what does it mean? [chart]
The TMV Swing Trading Report is currently holding a long recommendation for December Copper at 347.50 – Over the past few days, Copper pulled back to test support from the prior swing high (343.05 on August 4th), before rebounding slightly near the close. This short-term corrective pullback has formed a reaction swing pattern with a trigger… read more
Swing Trading Strategies – Gold reached the target objective on the projected reversal date! [chart]
In the August 25th issue of the Traders Market Views Swing Trading report, I wrote about the bullish TC pattern (trend continuation) that had just formed in the December Gold. The TC pattern began with the high pivot on August 19 and ended with a low pivot on August 23…which also happened to be a projected… read more
Swing Trading Strategies – Silver triggers new buy off of reversal/reaction date pattern. [chart]
Silver triggered a new buy signal after the overnight price dip below the ascending median line. Silver hasd crossed the median line, for the first time, on August 25th. Silver went on to use the median line as support and closed above the line four days in row, before dropping below the line overnight. However,… read more
Swing Trading Strategies – How important are prior swing highs or swing lows? [chart]
There are many ways to project future support or resistance levels. This information can then be used when setting entry and exit prices. One of the easiest methods is to just look in the past. Prior swing highs and lows can provide valuable information when a trader is unsure of where to enter or exit a… read more
Swing trading strategies – TC pattern triggers new buy signal for Decmeber Gold with a target objective at….[chart]
A five-wave corrective pattern came to an end and a new upward reaction cycle began, after Gold confirmed a pivot low on July 27. However, it was not until after the TC (trend continuation) swing pattern that formed between August 6 and August 10, that the bullish TR pattern sequence was confirmed and new time… read more
Swing Trading Strategies – What does the latest swing pattern say about Silver? [chart]
Swing traders understand that they need to capture the majority of the price move between consolidation pattern in order to be successful. They also understand that markets need to build energy, before a breakout, in order to continue a trend. One of my favorite energy patterns is the A-B-C continuation pattern and it has just… read more