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  • Cases - Currency Update – 5 Trades Correct Last Week, What Does This Week Hold

    With our currency update last week we had some great trades and while we were right, we also know that if we were wrong, our risk was small for all trades entered.

    We have had some fantastic profits last week but that
    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
    ’s the past, let’s look at the currencies this week and what we think will happen.

    Our view last week was the longer term trend in the dollar was down and we would see this continue after, what was a good correction t
    ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.

    Examples of combination products may in
    o the upside and we were proved correct.

    As we said last week always look at the weekly chart to get the overall trend and the daily chart to time your entry. Let’s look at the majors and what lays in store this week
    lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

    and roundup last weeks action.

    US Dollar Index

    The correction ended dramatically and the dollar index is falling towards its lows. The double bottom at the lows is the target and a decisive break of these will see fu
    here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
    rther weakness.

    Traders should focus on getting in on this move on a bounce to the mid Bollinger band or a punch through the lows and a breakout to the downside. This market looks very weak so this is the way to focus
    d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.

    Combination pro
    .

    British Pound

    All trends are up hold longs. No entry at current levels as stochastics look very over bought. We will look at a dip to enter but for now no entry point, if you are in enjoy the ride.

    Euro

    A great m
    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
    ove up last week. All trends are up and an advance to the highs is on after the currency punched through the mid Bollinger band. a Break of the highs will see a far bigger advance. Again same as pound no entry.

    Yen

    T
    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
    his currency long term trend is down (in contrast to the ones above on the weekly chart) and we have had a strong correction up to the 8800 level, this is the mid Bollinger band on the daily chart and also resistance o
    nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
    n the weekly chart and if prices stall here we should see the yen retreat but odds are not clear just yet, what will happen.

    If the yen cannot move strongly early next week look for a retreat back to the lows but wait
    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
    for confirmation and a downturn on the stochastics ie a crossing with bearish divergence.

    The commodity currencies

    We all know that the commodity markets are booming and the Canadian and Australian Dollar can help y
    ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
    ou take advantage.

    This week we will also look at the Australian Dollar as well as the Canadian dollar we looked at last week

    Australian Dollar

    The weekly chart shows a close over the mid bollnger band and the daily
    ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

    Following aspects would a
    chart shows strength buy dip to the mid bollinger band or breakoput of the 7600 level. This currency should become a big bull market in the near future.

    Canadian dollar

    The lager of the all the positions we looked a
    dd to the challenges in developing combination products:

    Which markets to tap where the combination products can do fairly well?
    Which combination prod
    t last week. We are long but we could have a test of our entry at the double or triple bottom after Friday’s action. If you are looking to get in this is the area to target at present. The long term trend is firmly up
    cts are meaningful and rational?
    Which therapeutic categories to select?
    Which Combinations can address unmet needs of the patients?
    Do combin
    on the weekly chart and this market should remain bullish for the foreseeable future.

    Keep in mind!

    Markets change quickly and this is snapshot of what we think before Mondays open. Keep in mind when trading these cu
    tions increase the patient compliance?
    What would be the developing cost?
    How to tackle the risks encountered during combination product developmen
    rrencies:

    1. Focus on the long term trend

    2. Only enter at areas of clear risk reward and ALWAYS check short term momentum with the stochastic indicator ( ie its in your favor ) before trading either long or short. A
    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
    lways look out for stochastic crossovers with bullish or bearish divergence before entering

    3. Set your stop in advance

    4. Use at or in the money options for protection against volatile moves

    5. Use chart support an
    ping new procedures for reviewing their safety, efficacy and quality.

    Professional from academic institutions, pharmaceutical industries, health care indust
    d resistance with bollinger bands to establish areas of entry.

    The tolls above are simple as is the logic: Trade with the long term trend, bollinger bands and chart support and resistance to establish potential entry
    y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
    points and use stochastics to time entry.

    These tools work in any market

    We used these tools last week in currencies successfully and if you follow our other reports we also used them in unleaded gas, crude oil and c
    .

    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
    opper for huge gains - they work in any trending market.

    keep it simple for huge profits

    Yes their simple but you can make huge profits as our recent updates show and keeping it simple is the way to go in trading, mo
    elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

    Companies that provide selfless information through particip
    st traders think the clever they are with their method and the more complicated it is the more success they will have, but this is simply not true.

    Keep it simple trade with the odds and it will elad you to big gains!


    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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