Friday, July 3, 2015

Its that time of the year again!

@MegaTrade101 shall be taking its regular quarterly trading break starting today just in time for the celebration. "HAPPY FOURTH OF JULY!"

ONLY THE BEST FOR YOUR TRADES

Thursday, July 2, 2015

NFP Below Expectation - USD Resilient for now!

UPDATE: July 02, 2015
NFP missed expectations and a slight change in Unemployment have barely made the DXY decline a corrective move from a recovery with one day left to trade which priced in an overlay of the end of the week and the opening 2 days of the new month before the 4th of July celebration.. Take note that the USD price recovery has gained back what it lost which scared the "Rookies" out of the market both sides of the US and the Euro markets.
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As of July 01 Asian Trading session

The DXY have regained lost ground and rebounded back above key levels @96.00 basis point to this writing prior to up coming reports. Carefully monitoring their price net changes and range trading per session on a pull back or rebound are as equally important that we have always emphasized.

As .MegaTrade101.com by Sir Alexander who developed the system can determine the weighted percentage distribution versus the USD ahead of time with a fairly good assumption for each currency pair projected price target levels. This would likewise be the first part of the initial equation to derive its corresponding cross rate value and its projected price level moving forward.

The chart above has no technical indicators, just a simple Candlestick Chart to reflect "PRICE ACTION ANALYSIS' based on price movement and its behavior.

MT101-Video Support Analysis and presentations

 
MegaTrade101.com Video Support Analysis and presentations have received a wide viewership from the top countries listed below which includes the US, the United Kingdom, the Philippines and the other countries.

Again, Thank you very much and we appreciate your Interest & loyalty! And we do hope that we have accomplished and contributed to your bottom line figures to make trading work more often in your favor; rather than how the market moves.


The Next #Risk_Event is Ripe for the Picking! #JOBS Data

Non-Farm Payrolls & Unemployment Report


AUDJPY CROSS RATE
Taking a cue from the next risk event on the NFP and Job #'s would dictate the direction of the USD for the fundamental. While an interesting technical configuration of the AUDJPY Cross Rate is carefully being watched for now and being compared with its correlated individual currency majors. 

Although, the Cross rate is indirectly relative to the majors; the influence of the USD's movement affects the currency majors directly and reacts more. Meanwhile, the DXY have regained lost ground and rebounded back above key levels @96.00 basis point to this writing prior to up coming reports.Carefully monitoring their price net changes and range trading per session on a pull back or rebound are as equally important that we have always emphasized. As we can determine the weighted percentage distribution versus the USD ahead of time with a fairly good assumption for each currency pair. This would likewise be the first part of the initial equation to derive its corresponding cross rate value and its projected price level moving forward.

Another Cross rate to look at is the current run of the AUDNZD that has made a tremendous.high @1.1428 in the Asian trading session and is obviously making this run all the way to the bank, so to speak. The fundamental catalyst to provide a lift would then provide a reinforced trend in the making depending on the volume and momentum that would take place. For now these two cross rates are set in place that would align themselves with the current market conditions. Ripe for the picking! Properly Choosing the Appropriate Currency Pairs to Trade



AUDNZD Cross rate as of July 02, 2015 Asian Trading Session


Wednesday, July 1, 2015

Insight: Does it still follow: Buying the Rumor or Selling the Fact?

Which side would you take now?

Now that we have received the actual Greek confirmation on default after the fact, does it still follow the famous saying of 'buying the rumor and selling the fact; as far as the Euro vs. USD is concerned? Well the obvious answer to this question came before the fact when Euro prices opened in Asian trading session with a opening price gap lower and then made such rebound thereafter.

Market price action and its behavior is equally as important and a proven applied strategy for most traders and strategists that have experienced such market activity during high risk events. In this particular case coming from the European majors. A sequence of analysis were provided in preparing how the markets would react with the probability of price pullbacks on a decline and recovery from their respective opening levels. Although, not all currency pairs had similar patterns due to the level of volume trading activity. A process of deduction do takes place where the least probable effects on the other pairs would be more or much less than expected.

Understanding the market price behavior relative to the behind the reason of such movements can make or break the difference. As the shifts of investors funds from unwinding positions and creating new ones would have to be segregated by carefully watching VOI on futures since spot FX does not carry the full blown report compared to other broker dealers that report their respective in-house trade volumes which may not define the true value of worldwide trade positions coming from the delayed CFTC COT report. Thus, this is also where 'alternating trade strategies' should be considered while defining the risk relative to their respective rewards especially from a top heavy USD still prominent market sentiment remains.

With that said, the market now is well within the start of the 3rd quarter trading. For MegaTrade101 actual reading thereafter; that a new phase has started taking a cue from how technical charts have been created from the actual trading price configuration. This week's price action relative to what the results on Greek's referendum results are to some respect has been priced in the worst possible case scenario. That brings us back to a lesser market activity in search for the next catalyst that can support another round of prices moving in both direction..

@MegaTrade101, we must have been doing something right!
Thank You very much. As of June 30, 2015 update.

In effect, Megatrade101 is now in the process of adjusting positions to unload and carry-over towards the 3rd quarter of 2015.. For the time being it is our traditional trading break and would like to express the honor of being able to provide / share our significant trading journey this 2nd quarter. As a majority of our loyal constituents and clients have benefited from these few but well defined pairs. 

Not to mention, our viewers who have been able to take advantage of some of our information to better their bottom-line figures as this is our own way of providing an independent, unbias market analysis while in search of the right trading information resources. These sequence of analysis described has been our best performing end-result for the month of June 2015 as evidenced from our blogspot data alone: not including the reviews from our website.