**** If you missed this profitable trading opportunity and are not incorporating BOTH Technical and Fundamental research into your trading decisions you are missing "The ‘Big Picture". ****
**** Remember, charts are aboard every sunken vessel on the bottom of the sea, you need more information to help you navigate the markets. ****
Click link below to take a 30 day trial to Trends In Futures for $1 buck or call Jay at: 312 506 8709
http://www.trendsinfutures.com/?ref=jay
Review the CRB Fundamental and Technical reports below.
Fundamentals -
Forex Markets
The dollar index this morning is weaker and at a 1-1/2 month low with the dollar/yen -0.14 yen and the euro/dollar +0.41 cents. The dollar index on Wednesday shed an early advance and slumped to a 1-monthlow and settled lower after the Fed extended its pledge to hold interest rates at record lows until late 2014: Dollar Index -0.289, USDJPY +0.107, EURUSD +0.00700. Bearish factors included (1) the Fed's post-FOMC statement that said the Fed funds rate will stay at a record low until at least late 2014, which extends their pledge from Aug 9 that the Fed funds rate will remain "exceptionally low" at least through mid-2013 and weakens the dollar's interest rate differentials, and (2) the larger-than-expected increase in the Jan German IFO business climate to a 5-month high, which is euro supportive. Bullish factors included (1) euro negative comments from 2 people familiar with the Governing Council's stance of the ECB who said that the ECB was firmly opposed to any restructuring of its Greek bond holdings and (2) weakness in the yen which fell to a 1-3/4 month low against the dollar after Dec Japan exports fell -8.0% y/y, weaker than expectations of -7.4% y/y as Japan posted an annual trade shortfall in 2011 of -2.49 trillion yen (-$32 billion), it's first annual trade deficit in 31 years.
Day traders work hard for the markets - trend traders let the markets work for them, remember the trend is your friend!
The CRB Futures Market Service & Trends in Futures is one of the oldest and most respected market letters in the industry since 1934.
Trends in Futures tracks over 79 markets, including foreign exchange (FX), stock indices, interest rates, metals, energies, grains, meats, foods & fibers and exchange traded funds (ETF).
For free consultation about the CRB Trends in Futures trial subscriptions please call or email Jay directly: 312 506 8709. j.brown@crbtrader.com
Click link below to take a 30 day trial to Trends In Futures for $1 buck or call Jay at: 312 506 8709
http://www.trendsinfutures.com/?ref=jay
Technicals-
Notice the open position profits based on 1 contract.
About CRB
The Commodity Research Bureau has been leading the world in commodities research and analysis since 1934. Based in Chicago, Illinois, the firm has been the innovator of the CRB Indices, as well as the publisher of the CRB Yearbook, Encyclopedia, CRB Price Charts, Trends in Futures and Futures Market Service newsletters.
About CRB Trends in Futures
In 1963, the Commodity Research Bureau developed a computerized trading system for the purpose of removing the emotional human element from market forecasting. Since then, countless trading programs, timing theories, and techniques have been designed and popularized by an even wider universe of individuals and companies for the purpose of "beating" the futures market. Yet, today, CRB's Trends in Futures remains one of the oldest and most respected technical daily market letters.
Trends in Futures trading system analyzes four different technical studies to categorize markets as trending up, sideways, or down. These four studies are a combination of moving average, price volatility, market momentum, and various time cycles. Support and resistance levels are recalculated daily and serve as "stops" when the market is in a trend phase and mark the breakout levels for new up or down trends when markets are in a sideways mode.
Click link below to take a 30 day trial to Trends In Futures for $1 buck or call Jay at: 312 506 8709
http://www.trendsinfutures.com/?ref=jay
About CRB Futures Market Service
The CRB "Futures Market Service" is a daily publication designed to make you a more powerful trader through an understanding of the fundamental factors moving the commodity and financial futures markets.
The CRB Futures Market Service has stood the test of time with its status as the industries oldest and most respected fundamental newsletter. The first edition was published on February 3, 1934.
Most traders make their trading decisions based on technical analysis and technical trading systems. However, combining both fundamentals and technicals gives you an even more powerful trading approach to the markets. Understanding the fundamentals helps you to gauge market direction, how far the market may move, and when the market may move.
We help you to understand these factors through our fundamental commentary and our weekly commodity and financial calendars. We analyze factors such as Fed policy, inflation, interest rates, stock market earnings and valuation, the dollar, metal and petroleum fundamentals, crop reports and global crop conditions, and livestock and softs fundamentals. We also use the Commitment of Traders to analyze how the big funds are impacting the markets.
Click link for 30 day trial to FMS for $1 buck or call Jay at: 312 506 8709 - https://secure.barchart.com/crb/orderform_sa.asp?orderid=fmsmon&ref=jay
For free consultation about the CRB Trends in Futures trial subscriptions please call or email Jay directly: 312 506 8709 j.brown@crbtrader.com
THESE RESULTS ARE BASED ON SIMULATED OR HYPOTHETICAL PERFORMANCE RESULTS THAT HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE THE RESULTS SHOWN IN AN ACTUAL PERFORMANCE RECORD, THESE RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, BECAUSE THESE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THESE RESULTS MAY HAVE UNDER-OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED OR HYPOTHETICAL TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THESE BEING SHOWN.
