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A Commodity Trading World

Agricultural Traders

New Trades for May 30th 2003

New trades will be posted on Saturday.

 

Trades are good for the day only. If the overnight markets closes through our entry price the trade signal is canceled. The objective on each trade is optional. If hit we continue to issue protective stops until stopped out of each trade.

 

End of Day Bullish Bearish Forecast for May 30th 2003

 

If there is a change to bullish or bearish  pay closer attention to that market to look for opportunities. This commentary is based ONLY on charts and technical analysis. 

 

June U.S. Dollar Index is trending down. Watch for support at 9250 and resistance at 9400. Changed to bullish on May 28th. Changed to bearish on May 20th. Changed to neutral on May 16th. Changed to bullish on May 15th. Changed to bearish on May 01st. Changed to neutral on April 28th. 

 

June British Pound is trending up. Watch for support at 16300 and resistance at 16540. Changed to bullish on May 29th. Changed to neutral on May 28th. Changed to bullish on May 14th. Changed to bearish on May 07th. Changed to bullish on April 22nd.

 

June Canadian Dollar is not trending. Watch for support at 7170 and resistance at 7400. Change to bullish. Changed to bearish on May 23rd. Changed to bullish on May 20th. Changed to neutral on May 16th. Changed to bearish on May 15th. Changed to bullish on April 29th.

 

June Japanese Yen is trending down. Watch for support at 8300 and resistance at 8500. Changed to bearish on May 19th. Changed to bullish on April 30th. Changed to neutral on April 22nd. 

 

June Swiss Franc is not trending. Watch for support at 7655 and resistance at 7830. Change to bearish. Changed to neutral on May 28th. Changed to bullish on May 19th. Changed to bearish on May 13th. Changed to bullish on April 24th.

 

June Euro FX is trending up. Watch for support at 11685 and resistance at 11910. Change to neutral. Changed to bullish on May 19th. Changed to bearish on May 13th. Changed to bullish on April 22nd.

 

 

 

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Any links provided to other server sites are offered as a matter of convenience and in no way are meant to imply that Acommodity endorses, sponsors, promotes or is affiliated with the owners of or participants in those sites, or endorses any information contained on those sites, unless expressly stated. However, Acommodity may receive compensation from the server sites which are provided through links.

A Commodity Trading World is published by New World Trading Ltd. This analysis is the sole property of New World Trading Ltd. The analysis in this report is accurate to the best of our knowledge. All opinions and conclusions expressed in this report reflect the judgment of New World Trading Ltd. as of this date and are subject to change. This report and any views expressed herein are provided for information purposes only and should not be construed in any way as an inducement by New World Trading Ltd to buy or sell any futures or option mentioned. New World Trading Ltd does not accept any liability for loss or damage howsoever caused to anyone trading futures or options in reliance upon such information. New World Trading Ltd, its officers and/or employees and/or affiliates may or may not have positions for their own account in the futures and/or options contracts referred to herein.

There is a high risk of loss in trading futures and options.

Futures and Options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site or newsletter. The past performance of any trading system or methodology is not necessarily indicative of future results.

 

Disclaimer

 

No system or methodology has ever been developed that can guarantee profits or ensure freedom from losses, Results are not typical and their will be losses

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All trades, patterns, charts, systems, etc., discussed in this website and the product materials are for illustrative purposes only and not to be construed as specific advisory recommendations. All ideas and material presented are entirely those of the author and do not necessarily reflect those of the publisher or this website or newsletter.

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No system or methodology has ever been developed that can guarantee profits or ensure freedom from losses. No representation or implication is being made that using this information methodology or system will generate profits or ensure freedom from losses.

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The testimonials and examples used herein are exceptional results, which do not apply to the average member, and are not intended to represent or guarantee that anyone will achieve the same or similar results. Each individual's success depends on his or her background, dedication, desire, and motivation. 

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U.S.Government Required Disclaimer - Commodity Futures Trading Commission Futures and Options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results. 

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CFTC RULE 4.41- HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAYHAVE UNDER-OR-OVERCOMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL AREALSO SUBJECT TO THE FACTTHAT THEY AREDESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.

 

Financial Disclosure

 

I am a capitalist and proud of it!  If you click on a link or banner on my site and purchase any product or service my company will earn a commission.  I am endorsing these products or services because I liked what they offered.  So I highly recommend them. Will they make you any money? Who Knows!  I don’t know.  Everyone’s results will vary that’s life.