Reversal Dates for the week of September 20 – September 24
Monday – Corn, Silver, Copper
Tuesday – Wheat, Soybeans, Bean oil, S&P, Dow Jones, British pound
Wednesday – Coffee
Thursday – Cattle, Corn, Eurocurrency
Friday – Coffee
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 educational newsletter, you will learn to predict, identify, and trade short-term swing trading opportunities using a unique swing trading “market timing intelligence†methodology. Veteran futures trader and best-selling author John Crane combines his highly acclaimed “Action/Reaction†market timing methods with a selective set of Elliott Wave and Fibonacci principles to analyze the market action and project future market swings.
Swing trading and Reversal dates
Every good trading signal needs three key elements to be considered a successful swing-trading signal, Time, Price and Pattern. When these three come together, great things can happen. If you can improve your timing or price entry, it can enhance any trading method. That is what the Reversal Dates can do for you. They will identify when the market should react, and at what price level the market needs to be for this to happen. They will even tell you what the market has to do to confirm the trade. The first thing I do is, identify Time.
TIME
The Reversal Date Indicator consists of three parts. The first is Time. This is identified by the projected Reversal date and will indicate which markets are ready to react and when the reaction should occur. The most common misconception about the Reversal dates is the idea that the market must reverse on every signal date, which is not true. Instead, the Reversal Date itself helps to identify the market’s reaction. A high percentage of the time, the market will reverse the current trend, but not always. A smaller percentage of the time, the market will form a “continuation pattern,†indicating the market will likely continue in the same direction as the prevailing trend. Often this will occur during a consolidation or after a very small correction.
PRICE
Once the Reversal date has been identified, the next thing to do is monitor the price. If the market is making a new high/low, or if it is trading inside a buy/sell window, then the second component of a trade signal is in place. You now have Time and Price working together. For most traders, that will be enough, but the Reversal Date Indicator takes it one step further.
PATTERN
After extensive research into price patterns, I have identified specific price patterns, which occur during reversal timing. These patterns can be used to confirm the market reversals or market continuations. When and only when, these three components are all working together, will there be a swing trade signal generated.
For more information on our Reversal Date Indicator, or should you have a specific market question, please call us at 1-800-521-0705
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Traders Market Views is a product of Traders Network and all statements herein reflect Traders Network’s market research. Traders Network and/or its principals, brokers and employees may or may not have established positions in part or all of the markets herein mentioned. It is possible that some of those positions, if any, are in direct conflict with the market commentary herewith.
THE RISK OF LOSS IN TRADING COMMODITY CONTRACTS CAN BE SUBSTANTIAL. YOU SHOULD, THEREFORE, CAREFULLY CONSIDER WHETHER SUCH TRADING IS SUITABLE FOR YOU IN LIGHT OF YOUR FINANCIAL CONDITION. HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER OR OVER-COMPENSATED FOR THE IMPACT IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT.NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES.
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Reversal dates for the week of August 2 – August 6
Monday – Hogs, Wheat, Soybeans, British pound, Coffee
Tuesday – Canadian dollar, Sugar
Wednesday – RBOB gas, Gold, Treasury bonds
Thursday – Crude oil
Friday – Natural gas, Heating oil
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.
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.
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.
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.
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.
Swing trading strategy by John Crane – Dow Jones high projected by R-swing date.
The Dow futures plunged 994 points, to a low of 9840, before a short-covering rebound. The April 27th and May 3rd reversal dates identified the major highs that formed the bearish TR pattern in the Dow Jones futures that signaled the trend shift and triggered the sell.  However, today’s wide range day has skewed the cycle and it will need a few days to form a new signal pattern.
Long July Cocoa reaches reaction line on projected reversal date!
July Cocoa - When July Cocoa dipped into the 60% buy window on April 12th, the RT Swing Trader program triggered a buy signal for the July Cocoa at 2934. As soon as the buy signal was triggered, the RT Swing Trader identified April 26th as the projected reversal swing date and placed the reaction target objective at the 3200 to 3250 price objective. As you can see for the chart below, during the following eleven trading days, Cocoa rallied from the entry price at 2934 and finally reached the reaction line target objective of 3228 on the projected reversal swing date of April 26th. This is a prime example of how understanding how to use the action-reaction methodology and being able to identify the proper set up pattern can be used to enhance any trading approach. If you do not have the time to do the proper analysis, the RT Swing Trader will do it for you.