Market Alert – British pound trades into a projected reversal date. swing trading strategies, swing trade signals, John Crane, median line, price action.

TMV Swing Trade report – Long December British pound from 1.5852 – last price @ 1.5926 - The British pound traded through the upward trending median line, but quickly lost momentum. Monday is also a projected reversal date, so this price action suggests a corrective pullback is likely.  Therefore, I recommend closing the long position and bank the gains.

Market Alert! – Long British pound reaches target objective! – swing trade strategies, swing trade signals, market timing, price action, median line, John Crane

TMV Swing Trading Report – Long December British pound @ 1.5495 – last price @ 1.5672 – Last week I posted a chart of the long British pound with the target objective highlighted. I made the recommendation to buy the British pound after spotting a peg-leg price bar on October 6, 2011.  The peg-leg pattern was [...]

Market Alert – Long British pound quickly approaching target objective…be ready! swing trading strategies, market timing, John Crane, median lines swing

TMV Swing Trade Report – Long from 1.5505 – last price @ 1.5615 – The British pound triggered the buy stop and surged higher overnight. This is the initial push off the peg-leg bottom pattern. The 1st push higher will typically trade above the prior swing high,before pulling back to form the (C) pivot low. [...]

Your Webinar Invitation: Join us for “Swing Trading with Market Timing Intelligence. – Introduction and review of current and future trade signals.” : Futures Trading News, Futures Trading Brokers, Futures Trading

    Swing Trading with Market Timing Intelligence. – Introduction and review of current and future trade signals.   Join us for a Webinar on June 30 The most important element of a successful swing trading approach is market timing of both entry and exits. In this educational webinar, you will learn to predict, identify, [...]

TMV Swing Trade Report update – British pound jumps sharply overnight – swing trading strategies, swing trade signals, action reaction, trading in futures

TMV Swing Trading Report – Long June British pound @ 1.6380 The British pound jumped sharply overnight as the Bank of England  raised it’s inflation forecasts for the quarterly report. The report projected inflation to hit 5% in 2011 and stay well above the early target of 2% throughout 2012.    

Silver leads sell off-Futures News,Futures Trading, Futures Broker, Commodities News, Commodities Trading, Commodities Broker

After nearly touching $50 last week, Silver has led the selloff in commodities this week now trading below the $40 level. The CRB commodity Index is down from this weeks high of 370.72 as Gold an others have followed Silver pushing the the Index below the 360 level. With the sell of in the futures, [...]

BOE Announcement-Futures news, Futures Trading, Economic News, Trading News, Commodity news, Commodity Trading, Futures Brokerage, Commodity Brokerage

Released on 5/5/2011 7:00:00 AM Prior Consensus Actual change 0 bp 0 bp 0 bp Level 0.5 % 0.5 % 0.5 % Highlights Bank of England Monetary Policy Committee left its key interest rate at 0.5 percent unchanged

British pound trades sharply lower on projected reversal date, swing trading strategies, swing trading signals, trading futures, action reaction, commodity trading, currencies

The June British pound is trading sharply lower on the May 3rd projected reversal date. The the downswing in the pound was triggered by comments from BoE Governor King and a report that manufacturing  was weaker than expected. King said that the economic challenges will last for many years and could become more severe. His [...]

March British pound boosted by CPI and BOE comments.

March British pound traded sharply higher  overnight after it was reported that inflation in January doubled Bank of England’s target.  UK CPI jumped to 4.0% yoy in January, doubling Bank of England’s target of 2%.  Bank of England’s  Governor King noted the surge in inflation and reiterated that it’s temporary, due to tax hike and [...]