Cases - Finance

If you look at any chart of currencies you will see that they move in trends. These are of course easy to spot in hindsight. Timing your entry levels and following these trends is of cou

According to USFDA, a combination product is one composed of any combination of a drug and device; biological product and device; drug and biological product

rse harder and the aim of all currency traders, however 95% fail and lose their money. If you are using or want to use technical analysis you must know the basics of trend following an

; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.

Examples of combination products may in

d here are some tips to help you make profits.

Let’s look at 3 types of trend and then look at some tips for trading them:

1. Long term Trends
As currencies reflect the underlying

lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

health of the economy and the economic cycle there are currency trends that last months or even years and this is the primary trend.

2. Intermediate Trends
These last from anywhe

here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe

re between a few weeks and months and are reactions within the larger primary trend.

3. Short term Trends
These last for a few days to around a couple of weeks. All the above ca

d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.

Combination pro

be traded for profit and the trends you want to trend are down to personal trading style and taste.

Trends not to trade
Many of you will have wondered why we ignored daily and int

ucts have become life saving products for the pharmaceutical companies who doesn’t have many innovative molecules in their product pipeline and have been inc

ra day trends. The answer is they simply cannot be traded. While you can see them in hindsight, the data in a day is unreliable, as all daily and intra day volatility is random.

If

easingly used in the product life cycle management. Even the companies having product patents are trying to extend their product life cycle through the combi

the data cannot be used to get the odds in your favor you will lose when trend following, with any form of technical analysis. Trend following in very short periods is a mugs game and

nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically

that’s why you never see a day trader with a track record of profits.

So how do you catch the trends and enter with the best risk reward?
Well this is the challenge for all FOREX

and physically. They need to rightly judge the benefits of the combination products and they have to even look at the risks involved when combining the produ

traders and as we have said it is more difficult than most people think – that’s why 95% of traders lose. Here we will give you some tips when currency trading for catching currency tr

ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi

nds and turning them into profits:

1. Understand the concept of support and resistance and trade breakouts.
It’s a fact that most major market moves start from new market highs NO

ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

Following aspects would a

T market lows, so if you use breakouts you will catch the really big moves.

2. When Buying Support or Selling resistance DON’T Predict
This is a major error made by novice traders.

dd to the challenges in developing combination products:

Which markets to tap where the combination products can do fairly well?
Which combination prod

Then buy into support and “hope” it will hold. When you are trend following this is a good way to lose. You are predicting where as you should be acting on confirmation.

Always wait

cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin

for a test of support and use a momentum indicator to indicate a change in direction in your favor BEFORE entering the trade. This will confirm support or resistance has held and the m

tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen

omentum has reversed you then have the odds in your favor

3. The differences between Long and short term trend Following
The concepts are generally the same, but there is one diffe

t?

As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel

ence in my view between following long and intermediate trends and short term ones. With long term and intermediate trends you can trail stops in short term trading you must use a targe

ping new procedures for reviewing their safety, efficacy and quality.

Professional from academic institutions, pharmaceutical industries, health care indust

t.

Because the profits are smaller and moves shorter in the latter, they can disappear quickly, so you should “hit and run” and bank profits on the hitting of your set target. When doi

y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products

ng the above we always set the target lower than the consensus. If prices are generally targeting a level and the market is looking for it we would bank early.

4. Patience
Trend

.

As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de

following involves being patient and staying on the sidelines until you see an opportunity that fits your methodology. Don’t be in a hurry to trade – Only trade when the odds are in y

elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

Companies that provide selfless information through particip

our favour. Catching trends and making profits from them is hard, but with the right approach and only trading when the odds are in your favour you can pile up some big gains Good Luc

tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products

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