 |
|
Fri 27 Aug 2010
The EUR/USD is currently trading at 1.2717 within a bearish medium to long term market structure.
The weekly pivot at 1.2760 is a resistance point and as long as price stay below this level we expect lower lows.
We will execute a bearish trading plan targeting 1.18000 level within the medium to long term.
**Forex, Futures and Commodities trading involves substantial risk of loss and is not suitable for all investors.
U.S. Government Required Disclaimer – Commodity Futures Trading Commission Futures and Options trading has large potential rewards, but also large potential risk. Click here to continue reading
 Tweet This Post
Tags: bearish market, commodities trading, commodity, commodity futures trading commission, eur/usd, forex, futures, futures and commodities, futures and options, futures trading, investors, options, options trading, Prolific, prolificinvestment, risk
Tue 10 Aug 2010
Welcome to Prolific Daily Market Commentary and Trades Analysis for Monday, August 9,2010.
The Euro decline against the dollar today and is currently trading at 1.3217. As indicated in my previous commentary this pair is trading within a short to medium term bullish market structure and our trading plan is to buy the dips. See my previous commentary below:
On January 31,2003, the EUR/USD currency pair breaks above the Prolific Decison Node(PDN). At the time of break out the outer boundary of the node was reading 1.0534. This level according to our trading methodology serve as a final resistance level. Normally if this level is broken there is a high probability the price will trade higher.The pair then rally to a high of 1.1932 before retracing back to the Prolific Decision Node(PDN) with a low of 1.0793 on August 29,2003.
The pair found support above the outer boundary of the Node then rally to a higher high of 1.3666 on December 31, 2004. This price level serve as a resistance point until September 28, 2007 when the EURO breaks out of the resistance zone and trade to an all time high of 1.6038 on July 1, 2008.
During the financial crises the euro pullback into the Prolific Decision Node(PDN) then make a lower high of 1.5145 on November 1, 2009.
After the November high of 1.5145, the euro plunge to a low of 1.2142. This low of 1.2142 was within the lower boundary of the Prolific Decision Node(PDN) which serve as a strong support level.
In this video we will look at a pictorial view of the previous price Action and look at a few high probability trades setup using a top down approach.
Click here for Technical Analysis Video
**Forex, Futures and Commodities trading involves substantial risk of loss and is not suitable for all investors.
U.S. Government Required Disclaimer – Commodity Futures Trading Commission Futures and Options trading has large potential rewards, but also large potential risk. Click here to continue reading
Tweet This Post
Tags: Action, Analysis, break, bullish market, Commentary, commodities trading, commodity, commodity futures trading, currency, day, Decision, decison, dips, EUR, eur/usd, euro, euro decline, final resistance, financial crises, forex, forex managed accounts programs, futures, futures and commodities, futures and options, futures managed accounts, Government, investors, market structure, methodology, Monday, november high, options managed account, options trading, outer boundary, pdn, pictorial view, Plan, price, probability, probability trades, Prolific, prolificinvestment, pullback, rally, reading 1, resistance level, rewards, substantial risk, support, target, Technical, Time, Trading, Zone
Sat 7 Aug 2010
A comprehensive review for the EUR/USD currency pair
|
| Welcome to Prolific Daily Commentary and Trades Analysis for Saturday, August 7,2010.In today’s commentary we will review the price action for the EUR/USD currency pair using technical analysis.
On January 31,2003, the EUR/USD currency pair breaks above the Prolific Decison Node(PDN). At the time of break out the outer boundary of the node was reading 1.0534. This level according to our trading methodology serve as a final resistance level. Normally if this level is broken there is a high probability the price will trade higher.The pair then rally to a high of 1.1932 before retracing back to the Prolific Decision Node(PDN) with a low of 1.0793 on August 29,2003.
The pair found support above the outer boundary of the Node then rally to a higher high of 1.3666 on December 31, 2004. This price level serve as a resistance point until September 28, 2007 when the EURO breaks out of the resistance zone and trade to an all time high of 1.6038 on July 1, 2008.
During the financial crises the euro pullback into the Prolific Decision Node(PDN) then make a lower high of 1.5145 on November 1, 2009.
After the November high of 1.5145, the euro plunge to a low of 1.2142. This low of 1.2142 was within the lower boundary of the Prolific Decision Node(PDN) which serve as a strong support level.
 In this video we will look at a pictorial view of the previous price Action and look at a few high probability trades setup using a top down approach.
Click here for Technical Analysis Video |
|
**Forex, Futures and Commodities trading involves substantial risk of loss and is not suitable for all investors.
U.S. Government Required Disclaimer – Commodity Futures Trading Commission Futures and Options trading has large potential rewards, but also large potential risk. Click here to continue reading
Tweet This Post
Tags: Action, Analysis, august 7, border, break, center, CFTC, Commentary, Commission, commodities trading, commodity, commodity futures trading, commodity futures trading commission, currency, Daily, day, decison, Disclaimer, EUR, eur/usd, euro, final resistance, Financial, financial crises, forex, futures, futures and commodities, futures and options, futures trading, futures trading commission, Government, high, href, investors, July, loss, method, methodology, node, november high, options, options trading, outer boundary, pair, pdn, pictorial view, point, price, probability, probability trades, Prolific, prolificinvestment, pullback, rally, reading, reading 1, Required, resistance, resistance level, risk, setup, substantial risk, support, table, target, Technical, Time, today, Trade, trades, Trading, U.S., USD, Video, Warning, width, Zone
Wed 4 Aug 2010
Welcome to Prolific Daily Commentary and Trades Analysis for Wednesday, August 4,2010.
In this video we will focus on the EUR/USD currency pair. The EUR/USD is in a Medium term bullish market structure. According to our trading methodology the primary trend is bearish but the secondary , medium and short term trend is bullish. As long as price stay above the “Prolific Node” we will maintain our bullish bias.If price close below the “Prolific Node” we will look for short entries.
Click Here to watch video
**Forex, Futures and Commodities trading involves substantial risk of loss and is not suitable for all investors.
U.S. Government Required Disclaimer – Commodity Futures Trading Commission Futures and Options trading has large potential rewards, but also large potential risk. Click here to continue reading
Tweet This Post
Tags: Analysis, bias, bullish market, CFTC, Commentary, Commission, commodities trading, commodity, commodity futures trading, commodity futures trading commission, currency, Daily, day, Disclaimer, dollar, EUR, eur/usd, euro, forex, futures and commodities, futures and options, futures trading, Government, high, investors, loss, Managed Accounts Programs, market, market structure, medium, method, methodology, node, options, options trading, pair, price, Prolific, prolificinvestment, reading, risk, stay, substantial risk, target, term, term trend, Trade, trades, Trading, U.S., USD, Video
Mon 2 Aug 2010
The AUD/USD rally to a three months high and is currently trading at 0.9085.
According to our trading methodology, this pair is bullish and strongly trending. My major concern with this pair is the  monthly MACD indicator which is still bearish. This indicates potential selling pressure on the higher time frame.
Base on the current market structure as long as price stay above the Prolific Decision Node(PDN) we will aggressively buy the dips targeting 0.9400 level
**Forex, Futures and Commodities trading involves substantial risk of loss and is not suitable for all investors.
U.S. Government Required Disclaimer – Commodity Futures Trading Commission Futures and Options trading has large potential rewards, but also large potential risk. Click here to continue reading
Tweet This Post
Tags: Aggressive, aud usd, aud/usd, australian dollar, building approvals, commodities trading, commodity, commodity futures trading, commodity futures trading commission, current market, dips, Disclaimer, dollar advance, forex, frame base, futures, futures and commodities, futures and options, futures trading commission, Government, high, investors, macd indicator, market structure, method, options trading, pdn, price, Prolific, prolificinvestment, rally, retail sales, sell, substantial risk, target, Time, time frame, Trading, trend, Trending, USD, Warning
Thu 29 Jul 2010
Welcome to Prolific Daily Commentary and Trades Analysis for Wednesday, July 28,2010.
In this video we will focus on New Zealand Dollar. New Zealand Dollar is in a Medium term bullish market structure. According to our trading methodology the primary trend, secondary trend and medium term trend is bullish but the short term trend have change to bearish. As long as price stay above the “Prolific Node” we will maintain our bullish bias.If price close below the “Prolific Node” we will look for short entries.
Click here to access video
**Forex, Futures and Commodities trading involves substantial risk of loss and is not suitable for all investors.
U.S. Government Required Disclaimer – Commodity Futures Trading Commission Futures and Options trading has large potential rewards, but also large potential risk. Click here to continue reading
Tweet This Post
Tags: access, Analysis, bias, bullish market, CFTC, Commentary, Commission, commodities trading, commodity, commodity futures trading, commodity futures trading commission, Daily, day, Disclaimer, dollar, forex, futures, futures and commodities, futures and options, Government, investors, July, loss, market structure, method, methodology, new zealand dollar, node, options trading, price, Prolific, prolificinvestment, rewards, substantial risk, target, term trend, Trade, trades, Trading, USD, Video, Warning
Thu 29 Jul 2010
Date 29 July 2010
The Reserve Bank today increased the Official Cash Rate (OCR) by 25 basis points to 3.0 percent.
Reserve Bank Governor Alan Bollard said: “While the outlook for economic growth has softened somewhat, it is still appropriate to continue to reduce the extraordinary level of support implemented during the 2008/09 recession.
“The world economy continues its fragile recovery. Trading partner growth has turned out stronger than we predicted, however, future prospects for growth have deteriorated. While still at high levels, our commodity prices have moderated.
“In New Zealand, domestic demand is subdued. Households are cautious, with retail spending growing only modestly, housing turnover in decline and household credit growth weak. While this caution has been evident for some time, the recent slowing in net immigration will act to further dampen consumer spending. Business investment remains very low, with corporate lending continuing to be subdued.
“The New Zealand dollar has appreciated in recent weeks. This appreciation is inconsistent with the softening in New Zealand’s economic outlook and moderation in our export commodity prices
Click Here for Full Story
Tweet This Post
Tags: alan bollard, Bank, basis points, Business, business investment, Cash, caution, commodity prices, consumer spending, day, decline, demand, economic growth, economic outlook, export commodity, forex, forex managed accounts, fragile recovery, future prospects, high, household credit, households, moderation, new zealand dollar, News, nzd/usd, ocr, percent, price, Rate, recession, Reserve, reserve bank governor, retail spending, slowing, support, target, Time, today, Trading, week, world economy
Wed 28 Jul 2010
“Foreign exchange is the world’s biggest fruit and vegetable store, with
millions of people playing it 24 hours a day,” Goldman Sachs Chief Global
Economist Jim O’Neill said on July 21 in a radio interview with Tom Keene
on Bloomberg Surveillance. “Anybody who thinks they can get foreign
exchange right all the time should be in a lunatic asylum.”
Tweet This Post
Tags: Bloomberg, day, Economist, foreign exchange, fruit and vegetable, Global, global economist, Gold, goldman sachs, hour, July, lunatic asylum, Prolific, radio interview, surveillance, Time, tom keene, vegetable store
Wed 28 Jul 2010
In this video we will focus on the AUD/USD currency pair. AUD/USD is bullish and weakly trending. According to our trading methodology the Primary, Secondary, medium and short term trend is bullish but it is possible that we could see a correction witin the short term. As long as price stay above the 0.8700 level we expect further rallies.
Click here to access video
Risk Warning!!
**Forex, Futures and Commodities trading involves substantial risk of loss and is not suitable for all investors.
U.S. Government Required Disclaimer – Commodity Futures Trading Commission Futures and Options trading has large potential rewards, but also large potential risk. Click here to continue reading
Tweet This Post
Tags: Account, aud usd, aud/usd, CFTC, Commentary, Commission, commodities trading, commodity, commodity futures trading, commodity futures trading commission, correction, currency, Daily, Disclaimer, forex, forex managed account, forex managed accounts, forex managed accounts programs, forex trading, futures, futures and commodities, futures and options, futures trading commission, Government, href, investors, loss, medium, method, methodology, options trading, pair, price, Prolific, prolificinvestment, rallies, reading, Required, rewards, stay, substantial risk, table, term, term trend, Trading, U.S., USD, Video, Warning
Tue 27 Jul 2010
Welcome to Prolific Daily Commentary and Trades Analysis for Monday, July 26,2010.
In this video we will focus on Gold futures. Gold is in a bearish market structure. According to our trading methodology the Primary trend is bullish but the secondary trend have change to bearish. As long as price stay below the 1208 level we expect further decline.
Click here to access video
Risk Warning!!
**Forex, Futures and Commodities trading involves substantial risk of loss and is not suitable for all investors.
U.S. Government Required Disclaimer – Commodity Futures Trading Commission Futures and Options trading has large potential rewards, but also large potential risk. Click here to continue reading
Tweet This Post
Tags: Analysis, bearish market, CFTC, commodities trading, commodity, commodity futures trading, commodity futures trading commission, decline, Disclaimer, forex, futures and commodities, futures and options, gold futures, investors, market structure, methodology, options trading, price, Prolific, prolificinvestment, reading, rewards, substantial risk, table, target, Trade, trades, Video
Next Page »
|
Tue 10 Aug 2010
Prolific Daily Market Commentary: The EUR/USD Currency Pair is Still Bullish
Posted by Dr. Glen Brown under Forex Managed Accounts|Managed Forex accounts, Managed Accounts Programs
No Comments
Welcome to Prolific Daily Market Commentary and Trades Analysis for Monday, August 9,2010.
The Euro decline against the dollar today and is currently trading at 1.3217. As indicated in my previous commentary this pair is trading within a short to medium term bullish market structure and our trading plan is to buy the dips. See my previous commentary below:
On January 31,2003, the EUR/USD currency pair breaks above the Prolific Decison Node(PDN). At the time of break out the outer boundary of the node was reading 1.0534. This level according to our trading methodology serve as a final resistance level. Normally if this level is broken there is a high probability the price will trade higher.The pair then rally to a high of 1.1932 before retracing back to the Prolific Decision Node(PDN) with a low of 1.0793 on August 29,2003.
The pair found support above the outer boundary of the Node then rally to a higher high of 1.3666 on December 31, 2004. This price level serve as a resistance point until September 28, 2007 when the EURO breaks out of the resistance zone and trade to an all time high of 1.6038 on July 1, 2008.
During the financial crises the euro pullback into the Prolific Decision Node(PDN) then make a lower high of 1.5145 on November 1, 2009.
After the November high of 1.5145, the euro plunge to a low of 1.2142. This low of 1.2142 was within the lower boundary of the Prolific Decision Node(PDN) which serve as a strong support level.
In this video we will look at a pictorial view of the previous price Action and look at a few high probability trades setup using a top down approach.
Click here for Technical Analysis Video
**Forex, Futures and Commodities trading involves substantial risk of loss and is not suitable for all investors.
U.S. Government Required Disclaimer – Commodity Futures Trading Commission Futures and Options trading has large potential rewards, but also large potential risk. Click here to continue reading
Tags: Action, Analysis, break, bullish market, Commentary, commodities trading, commodity, commodity futures trading, currency, day, Decision, decison, dips, EUR, eur/usd, euro, euro decline, final resistance, financial crises, forex, forex managed accounts programs, futures, futures and commodities, futures and options, futures managed accounts, Government, investors, market structure, methodology, Monday, november high, options managed account, options trading, outer boundary, pdn, pictorial view, Plan, price, probability, probability trades, Prolific, prolificinvestment, pullback, rally, reading 1, resistance level, rewards, substantial risk, support, target, Technical, Time, Trading, Zone