RT Swing Trader Blog | News
21May/100

Reversal swing dates for the week of May 24 – May 28

Monday - Bean oil, T-Bonds, S&P, Dow Jones, Canadian dollar, British pound, Cotton

Tuesday -

Wednesday - RBOB gas, Heating oil

Thursday - Corn, Dollar index, Eurocurrency

Friday -

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20May/101

Swing trading software – How will does “action-reaction” tell us about the next move in the euro?

The  June Eurocurrency posted pivot highs of the April 15 and May 3rd reversal swing dates. Both dates marked the end of the corrective bounce and triggered a bearish reversal, followed by a lower market. The euro also posted a 570 point rally, during the two session following the May 6th reversal date. Since then, the euro has dropped to a new low and reached the up-sloping reaction line target objective,on the May 19th reversal date. The market  has completed a full cycle, with time and price coming together on May 19th. The euro rebounded off the reaction line suggesting the downward pressure may be over soon and could set up a possible bullish reversal pattern. For undated trade signals check out the  TMV Swing Trade report.

June Eurocurrency

June Eurocurrency

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20May/101

Swing trading software – How will Soybeans react after reaching projected target?

Twenty days after posting a high near the April 21st reversal date, July Soybeans reached the up-sloping reaction target line. The daily low of $9.31 tested the reaction line before finding support and rebounding to unchanged. This completes the five-wave cycle as the Soybeans reach the target objective–projected two weeks in advance–on the projected reversal date. While the long-term trend is still bearish, the short-term cycle suggests a possible corrective rebound from this level. I’ll have current updates in the TMV Swing Trade report.

July Soybeans

July Soybeans

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14May/100

Swing Trading Software for Trading Currencies.

Looking for a trading software program to help you trade the volatile currency markets? You may want to consider the RT Swing Trader. The program signals are pattern based so that it uses the markets own price action to identify “sweet spots” where the markets are building energy inside a trend that precede explosive market moves. Once the signal has been triggered the program will make time and price projection using the unique “action-reaction” theory to project price target objectives as well as the duration of the trade. Intelligent and dynamic protective stops are automatically adjusted based off market direction, price range and momentum, therefore, protective stops are determined by actual market conditions and are not arbitrary. The program can adjust to market conditions because the algorithms are based on timeless and universal fundamental  principles of the market, therefore it can work under any market conditions and or any timeframe. Check out the performance of four of the RT Swing Trader portfolios at www.rtswingtrader.com and sign up for a free 30- day trial so you can use it for yourself.

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14May/100

Currency Trading – Reversal dates project major turning points in Canadian dollar.

The Canadian dollar formed a bearish TR swing pattern after posting a major high on the April 22nd reversal date and turned lower in front of the May 6th meltdown and subsequent drop to 9293. The “loonie” rebounded from the low and traded higher into the May 12th reversal swing date, closed inside the 60% sell window and tested the 20- day SMA. This price action formed a potential bearish TC pattern with trigger price below the price bar that entered the 60% sell window and triggered the sell when the market passed through .9717.  This is just one example of the potential provided by understanding “action-reaction” price action in conjunction with the reversal date trading technique.  Using the “action-reaction” time/price projection methodology I was able to identify a major reversal timing on April 22, followed by the high of the corrective rebound on May 12…days in advance.

June Canadian dollar

June Canadian dollar

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14May/100

“Action – Reaction” swing trading strategy in Gold.

This chart offers a good example of a TC pattern (Trend Continuation) in the June Gold. After touched the ascending median line on April 12th, Gold began a corrective pull back into the April 19th reversal date and posted a low at $1124.50, where Gold found support from the up-sloping lower parallel line and the 20- day SMA.  The reversal date confirmed the low pivot and the beginnng of a new upward leg. The price swing between April 14 and April 19 formed the TC pattern and could also be used to make the future time and price porjection that identified May 17th as the future reversal date and put the reaction line target objective at the $1250.00 price level. Gold continued the rally off the April 19th reversal date and reached a high of $1249.70 on Friday, April 14, one day before the date, projected three weeks earlier. To learn more about this type of swing trading strategies using the “action-reaction” method with reversal dates you can read “Unlocking Wealth, Secret to Market Timing.

June Gold

June Gold

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14May/100

Reversal Swing dates – May 17 – May 24

Monday – Hogs, Corn, Soybeans, Gold, Eurocurrency, Australian dollar, Cocoa, Swiss franc

Tuesday -

Wednesday – Soy meal, Silver, Eurocurrency

Thursday – Soybeans, Bean oil, Treasury bonds

Friday – Japanese yen, Cotton, Coffee

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12May/100

Swing trading strategies – How to use Market Timing Intelligence to signal swing trading opportunities.

July Silver peaked at $18.89 on May 3rd, one day after the projected reversal swing date. The following day, Silver began a sharp two-day decline that dropped the price from $18.85 to $17.08. The price decline stopped inside the 60% buy window (based off the price swing from March 25 to April 12), but more importantly, Silver has plunged into a second reversal swing date. (Typically, when there are two reversal swing dates close together, the second date is the dominate swing date.) The market paused for one day, after trading  into the May 5th reversal date, before turning higher and surging over $2.65 during the next four trading sessions. The low pivot posted on the May 5th reversal swing date marked the end of an ABC continuation pattern that falls in the center of a longer-term reaction cycle.

Currently, the Silver is approaching the upper reaction line and is overdue for a much needed corrective pullback. The corrective pullback is needed to form the next reaction swing in the cycle progression and mark the beginning of the next bullish cycle. Even though the market is overbought at this time the momentum could push Silver over $20.00 before the correction begins.

The Silver market has been very volatile lately, which in turn brings high risk as well as the potential for a high return for traders willing to take the risk. However, the foreknowledge of where and when the market may turn can help control the risk and give the astute trader a heads up to trading opportunities.

July Silver

July Silver

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7May/100

Swing Trade Strategies – Reversal swing dates for May 10-May 14

Monday – Treasury Notes

Tuesday – Treasury Bonds, Dow Jones

Wednesday – Corn, Wheat, Canadian dollar, British pound, Australian dollar

Thursday – Eurocurrency

Friday – Dollar index, Cocoa, Coffee

For more information about Reversal swing dates and the “action-reaction” theory check out “Unlocking Wealth, Secret to Market Timing”.

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7May/100

Swing Trading Strategies by John Crane – Reversal date pinpoint reversal in Swiss Franc. [chart]

The reverse-forward count, from the TR swing pattern (March 17 – April 4), was used to project a future reversal swing date on May 6th. The “action-reaction” line also forecast a price target objective at the intersection of the down-sloping median line and the up-sloping reaction line (8920). The Swiss franc  breached the target objective on the predicted date and quickly reversed and surged higher. You can also learn to use the “action-reaction” methodology used to make this type of time and price projections in “Unlocking Wealth, Secret to Market Timing.

June Swiss Franc

June Swiss Franc

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