Tuesday, 23 June 2015

Short term reaction line swing trades: Long Corn, Soybeans, Wheat.

If you are a student of market geometry incorporating reaction lines and reaction line theory as developed on this site then you will appreciate that if three simultaneous signals are seen on different yet correlated instruments then it begs further investigation. Although i have no view wither way on the directional bias for Corn, Wheat and Soybeans i did see a long opportunity based purely on reaction lines and confirmed entries using the b-line stochastic template. These are a short term swing trades and are taken on the Commodity-Analysis.co.uk real account with P&L available.They are simply used to show the application of Reaction Line theory into profitable trade setups.All Reaction lines shown below are drawn by automatic indicator.. they are sometimes manually highlighted by me or their "mirror" line is drawn manually (overlaid direct onto a automatically drawn RL in a higher or lower TF and then viewed in a different TF)

Below: 2 touches on the blue centre line of an important down sloping PF

Below you will see the upsloping reaction line is not touching the candles as per the daily chart above. It should be first viewed in the daily then overlaid manually to reveal it dual correct locations but for simplicity I have left it-as is.

Here below it is in the correct location in the 240 mkin chart giving our entry more sense when viewed with the green PF
 Beans: Look at previous gently uplsoping reaction lines. Even within the context of a falling market you get a swing upwards

 Wheat dances a jig around the $5 buck level

  on the A to BC mid point ( ie the centre line before the body of the PF) you will see price action around this ML resulting in an inverted head and shoulder -the head protruding beneath the blue CL and forming the penultimate low pivot

Friday, 12 June 2015

Crude Oil (CL N15) continued plus Wheat, Cocoa and Dax/Equity futures and the development of the long term topping out pattern

For full PDF trade report + P&L for week ending Friday 12th June : Press here

Wheat: W N15

 Long term monthly chart reveals the past pivots ( 1-9) and their  effect on the future. These are only a few of the pivots and their multiple inter-relationships which are i believe are the matrix through which price moves.


Dax displaying weakness

 Horizontal long term ML's seen in study below offer high probability support/resistance levels.
Crude Oil (CL N15) as per previous posts

 again horizontal high time frame median lines offer superb trade entry levels

Wednesday, 10 June 2015

Crude (CL N15) and equity markets short squeeeeze


 The emini S & P below. Is this the end ? Of course not. More confusion and gyrations to come.
These are the same charts as in previous posts so check out the reaction lines.

Tuesday, 9 June 2015

Equity Markets (ES) topping out continued.cont plus Oil (CL N15)

and the Emini S&P below -various reaction/median line templates and studies
In the first study you can see our objective black centre line around 2040

 Our long term weekly study- again showing just a few PF's

Wednesday, 3 June 2015

NQ and SP... Ouch!! Double tops and centre line failure...the writings on the wall.....equity markets topping out continued

I hope you wernt caught up in this..same with ES and YM but just look at this beauty!!. Expect another small bounce off the LMLP and then a sharp move awaits these markets:

Tuesday, 2 June 2015

Equity Markets (ES,DAX,NQ) plus CL N15

 How many of you saw this sweet spot on crude?

Continuing the theme of topping out pattern....things (price action)  are now starting to move quickly and this could unravel in a spectacular way. All the above are multiple template studies of the emini S & P and DAX and Nasdaq. I have concentrated on the higher time frames to reinforce previous postings made concerning the change of price behaviour. It is fair to say this volatility could continue and great care should be taken but we are seeing a fundamental change in the phase of the market.