NOT JUST FOREX: Wall Street is riding high with the US DJIA continued its advance @16,698.74 with a valid 52 week high week range @16,735.35; contrary to the few times that it declined. And now, everyone is paying attention & are set on the ECB report. however, being the last trading day for the month of May '2014; do expect some normal corrective moves.
By 'Tracking & Trend-following' the main DJIA with the SPDR DIA is @166.78 (+0.42%) rise, likewise registered a 52 week range between a 145.17 Low and a 167.29 high would provide a better perspective on how correlations do affect price action activity. And comparing it with the Pro Shares Ultra DOW30 (DDM) which is @117.75 (+0.93%) has a 52 week range level set between 87.98 low vs. a 117.96 registered high.
For now this rally can only get better with some of MegaTrade101 prominent client investors were fortunate enough to ride well contrary to the previous mid-rise & decline of volatility seen in the market. Asian Main Street Investors with access to primary and secondary markets couldn't be more glad to have these information available to them and likewise be validated from Wall Street market movements. Click here
MEGATRADE101.com - The Business of Making the Right Trading Decisions Beyond Charting & Price Action Analysis
Thursday, May 29, 2014
Tuesday, May 27, 2014
Insight: Correlations Dictates Price Action Activity
There are certain external & influential factors brewing in the pipeline that a spill over to the financial markets can not be ignored. Although, this week's US milder economic data is squarely not as significant as the stock market have remained in a positive tone worldwide after some relief from the Ukrainian crisis post election have provided jittery investors to view these outcomes with ease on top of President Valdimir Putin's remarks in reaching out to the newly elected government in Ukraine.
This civil approach has been timed appropriately and has been factored in the market prices across the broader market. Correlations between Equities, commodities and the financial market would essentially move with ease without the pressure of outside geo-political skirmishes that had been providing underlying market volatility across the three major markets.
However, in the recent newswires, the crucial effects on the likes of IBM & Cisco in particular may take a serious toll on its business relationship with China due to the latest Cyber Business espionage called by the US government. And may add to some market uncertainty moving forward. Click here
This civil approach has been timed appropriately and has been factored in the market prices across the broader market. Correlations between Equities, commodities and the financial market would essentially move with ease without the pressure of outside geo-political skirmishes that had been providing underlying market volatility across the three major markets.
However, in the recent newswires, the crucial effects on the likes of IBM & Cisco in particular may take a serious toll on its business relationship with China due to the latest Cyber Business espionage called by the US government. And may add to some market uncertainty moving forward. Click here
Friday, May 23, 2014
US Dollar Stays Resilient
Effective Price Comparison: The US Dollar has remained strong moving to the closing hours of the week's trading. With most of the reports proven to be more favorable to the USD; the continuing positive tone have started from the opening price above the 80.05/10 basis point for the Spot DXY.
With a current high @80.44 would serve as an initial minor break of the previous 80.35 level of resistance but well within its range ever since May 16 as shown on the weekly USD Index figure1. The most Basic approach in Cipher3 Analysis & Charting© the USD (DXY) contained within a price range.
Thursday, May 22, 2014
Not Just Forex: SPDR (DIA)
Dow Jones Industrial Average: SPDR Daily Cipher3™ PH1 Analysis
A closer outlook on the Dow Jones Industrial Average SPDR (DIA) which tracks the DJIA very closely; as an alternative investment for the main-street investors that would remain more conservative compared with the ProShares Ultra DOW30 (DDM).
A closer outlook on the Dow Jones Industrial Average SPDR (DIA) which tracks the DJIA very closely; as an alternative investment for the main-street investors that would remain more conservative compared with the ProShares Ultra DOW30 (DDM).
This Daily SPDR Chart is the first phase (PH1) most basic approach on the Cipher3™ Analysis that could easily be understood by most traders.
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A more technical and basic approach on the SPDR (DIA) applying PH1 on Cipher3™ Analysis |
Monday, May 19, 2014
A Mild FX Market on Top of Underlying Volatility
The market has relatively real quiet with the USD in a tight range with the rest of the currency pairs nearly in the same state while awaiting for the upcoming risk events starting of with the UK Consumer price, the BOE minutes, the FOMC on Wednesday the 22rd of May would both be the focus in question to the direction of the market. And in the final two days would be UK GDP still expected to be good and finally the Consumer Price Index figures for Canada would culminate the trading sessions on Thursday & Friday respectively.
With that said the latest COT report where, a flip of other speculative positions to USD long as been seen more often as market conditions have been changing in a shorter period between two to three days apart This kind of market behavior amongst traders just shows how uncertain market movements are based from such risk events that simply draws trade patterns into shorter periods of exposure in spite of the narrow range in between sessions until the day of the main events comes into play. Click to continue
With that said the latest COT report where, a flip of other speculative positions to USD long as been seen more often as market conditions have been changing in a shorter period between two to three days apart This kind of market behavior amongst traders just shows how uncertain market movements are based from such risk events that simply draws trade patterns into shorter periods of exposure in spite of the narrow range in between sessions until the day of the main events comes into play. Click to continue
Sunday, May 18, 2014
Cipher3™ Analysis
Introduction: Is a proprietary complex trading methodology developed by Alexander @MegaTrade101. Yet its delicate process of cross currency analysis is combined with a considerable balance that can be identified and maintained between three (3) correlated currency pairs using both Spot and Futures markets including the US Dollar (DXY) Index.
Following a delicate process of Price Action Analysis essentially based on our complete Price Page Indicator in comparison with the Spot Foreign Currency pairs and the Financial Futures deriving a series of combinations. Where a series of Structured Trading Strategies not commonly applied in most standardized trading methods, can be processed to identify the best probable market potential within certain market conditions. This is a vital part of "Strategic Analysis" that goes beyond the traditional forms of fundamental and technical charting analysis.
A combination of two majors and a cross rate would create a controlled & manageable trading structure with an overall positive net-value regardless of the directional price action of the market with or without a meaningful event risk; but prices should be within the confinement of their respective currency pair trading parameters (trading range). With special attention to the figure 3 as a variable & vital reference point of importance in the process. Where major trading decisions are derived from before / after any risk events occurs that leads to a game changing move across the market place.
This is part of Level lll and Institutional Training Program. More to follow!
Friday, May 16, 2014
US Dollar Index (DXY)-Key Levels
With all these reports from Industrial production, the EU trade Balance, Building and Housing and to the US Michigan Confidence data have not really done as much. With the US Dollar Index (DXY) has remained within our benchmark @80.05/10 levels with a real pullback for the past two days signaling a pause. We do not know how many times we have emphasized the significance on this figure to a point of calling it now the "magic#" to watch.
But being the last trading day for the week and barely a few hours to go from closing; momentum have obviously died-down for USD bulls with speculative shorts side-lined. And technicians have further to make the call if and when a Euro and Cable decline would continue.further. Cautious position trade settlement have been done prior to the closing week. Further set-up for now would be on a technical direction. Yet the US Dollar Index would still be the major CCY to watch and would provide some signals before the next three days of trading activity by next week which would prove to be more interesting!
Have a wonderful weekend everyone! We do hope this week have likewise been good for all!
But being the last trading day for the week and barely a few hours to go from closing; momentum have obviously died-down for USD bulls with speculative shorts side-lined. And technicians have further to make the call if and when a Euro and Cable decline would continue.further. Cautious position trade settlement have been done prior to the closing week. Further set-up for now would be on a technical direction. Yet the US Dollar Index would still be the major CCY to watch and would provide some signals before the next three days of trading activity by next week which would prove to be more interesting!
Have a wonderful weekend everyone! We do hope this week have likewise been good for all!
Thursday, May 15, 2014
Access to Primary Markets for Asian Main-Street Investors
A MUST! The Dow Jones Industrial Average (DJIA) has declined equivalent to 1.26% as of this writing; due to the sell off in small-cap stocks and a very disappointing results from the big store WalMart. A triple digit decline more than 200.00 would definitely be another blow to Asian stock markets by the time it opens.
Under these circumstances; what can main-street investors in Asia do to take precautionary measures and strategies knowing that the day markets open that a huge decline would be expected? As we know that Asian stocks do mimic the major US markets; and by having access to both primary and secondary markets should be made available for these investors to at least arbitrary hedge and/or be advice by their respective brokers as to how their accounts could be protected whenever such movements are made while their respective markets are closed.
Stocks / Equities market advisers and companies do have these services available to them as a company. But only huge qualified investors who happen to have their own professional managers would be able to take advantage of these movements even before the next opening trading sessions in Asia. These are the fiduciary duties and responsibilities that should be managed, so main street investors would have a level playing field when such volatility occurs. Please seek advice and protect the investment funds managed in your behalf, so you may have access to strategies from other markets to level your playing field.
Under these circumstances; what can main-street investors in Asia do to take precautionary measures and strategies knowing that the day markets open that a huge decline would be expected? As we know that Asian stocks do mimic the major US markets; and by having access to both primary and secondary markets should be made available for these investors to at least arbitrary hedge and/or be advice by their respective brokers as to how their accounts could be protected whenever such movements are made while their respective markets are closed.
Stocks / Equities market advisers and companies do have these services available to them as a company. But only huge qualified investors who happen to have their own professional managers would be able to take advantage of these movements even before the next opening trading sessions in Asia. These are the fiduciary duties and responsibilities that should be managed, so main street investors would have a level playing field when such volatility occurs. Please seek advice and protect the investment funds managed in your behalf, so you may have access to strategies from other markets to level your playing field.
Wednesday, May 14, 2014
CABLE Declines After BOE..who's next?
Alternating Talking Points from the Top!
The overall on inflation good contrary to the statements made by the BOE Carney, that there is no rush to raise rates, as it all depends on the other results with the economy before such move would be made.
This is another form of verbal intervention / easing CABLE prices that drove the GBPUSD down to its original starting point of support @1.6745/50. And have stayed just slightly on top of its trend line recovery price @1.6775 as of this writing.Net percentage on trade positions between the GBPUSD, GBPJPY, AUDUSD and AUDJPY remains in positive territory as a main strategic CCY move. The closing prices amongst the majors and cross rates is vital to determine the near term price direction of the market.
After the BOE,,,who's next?
The overall on inflation good contrary to the statements made by the BOE Carney, that there is no rush to raise rates, as it all depends on the other results with the economy before such move would be made.
This is another form of verbal intervention / easing CABLE prices that drove the GBPUSD down to its original starting point of support @1.6745/50. And have stayed just slightly on top of its trend line recovery price @1.6775 as of this writing.Net percentage on trade positions between the GBPUSD, GBPJPY, AUDUSD and AUDJPY remains in positive territory as a main strategic CCY move. The closing prices amongst the majors and cross rates is vital to determine the near term price direction of the market.
After the BOE,,,who's next?
Tuesday, May 13, 2014
ECB & BDB in the Mix
The Bundesbank getting into the mix and taking points of support for the ECB possible rate decision this June as stated by ECB Mario Draghi have driven the EURUSD lower to the 1.3698 levels. Amazingly true when a possible concerted effort of talking intervention suddenly appears on the newswires. This is just the start as not often do we see that the ECB and the Bundesbank (BDB) is on the same page! Quite surprising at this time :)
As market conditions are simply ripe for such talks taking place at this crucial times. Especially when such comments came in the nick of time when the USD was nearing a critical support nearest to the 78.80 basis point which we have time and again referred to. And currently sweeping the 80.05/10 levels in both directions during the session. Closing prices for the week will play a vital key signal in relation with other reports in the market for the week. Click here to continue
As market conditions are simply ripe for such talks taking place at this crucial times. Especially when such comments came in the nick of time when the USD was nearing a critical support nearest to the 78.80 basis point which we have time and again referred to. And currently sweeping the 80.05/10 levels in both directions during the session. Closing prices for the week will play a vital key signal in relation with other reports in the market for the week. Click here to continue
Monday, May 12, 2014
Not Just Forex lll - ProShares Ultra Dow30 (DDM) Price Update
UPDATE: Pro Shares Ultra Dow30 (DDM) price as of May 11, 2014 @117.08 from average trade position as of April 20, 2014 @113.17 SP
Link: Not Just Forex:
Link: Not Just Forex:
Not Just Forex: ProShares Ultra Dow30(DDM)
UPDATE: ProShares Ultra Dow30 (DDM) price as of May 11: 117.08
Averaging the DJIA w/ ProShares Ultra Dow30 (DDM):
Since the 2009 crisis, the DOW Jones Industrial Average (DJIA) has had its fair share of major corrections with the recent three digit decline which we have seen from a 52 week range between 16,631.60 to 14,444.00. But with a 13% yearly average is not too bad at all!
Although,the recent decline from December to February was considered a major corrective move which we now see the current price @16,408.54 as a gradual resumption of its trend higher; with daily corrective pullbacks to be expected. And likewise with the US Dollar decline adding to this bull market trend would be the key component for the Dow to continue or not.
Not Just Forex: ProShares Ultra Dow30 (DDM)
Averaging the DJIA w/ ProShares Ultra Dow30 (DDM):
Since the 2009 crisis, the DOW Jones Industrial Average (DJIA) has had its fair share of major corrections with the recent three digit decline which we have seen from a 52 week range between 16,631.60 to 14,444.00. But with a 13% yearly average is not too bad at all!
Although,the recent decline from December to February was considered a major corrective move which we now see the current price @16,408.54 as a gradual resumption of its trend higher; with daily corrective pullbacks to be expected. And likewise with the US Dollar decline adding to this bull market trend would be the key component for the Dow to continue or not.
Not Just Forex: ProShares Ultra Dow30 (DDM)
Share: Trade with Confidence!
Trading
the Foreign Exchange market is not as easy as some would claim, may they
be professional traders, investors and even money managers of every
level and sophistication.
Having a
better understanding of this market would take years to achieve as it is
influenced by so many fundamental and technical factors. Specially for
those who have incorporated electronic trading and algorithm formulas
into their trading systems.
What makes
trading the markets more challenging and interesting is the fact that
the challenge of winning and loosing in the market is what makes most
serious traders and investors tic, so to speak. The feeling of winning
and making money is more often the real reason why people continue to
trade despite of loosing more thereafter. And when they do lose it is
the stubbornness of making back what was lost and keeping it.
How much one has kept after all the trades can only be called a real winner. It is not the total number of trades done on both sides of a winning trade and a loosing one. As long as the overall net gain has been saved and made use for other investments can only be called a successful investor. Click to continue...
Market Snap-Shot 5.11/12
Timing is Everything!
It is a well known fact that after a distinct and dramatic price action in the CCY market again takes a pause before the next event risk. The only difference is that a central banker again has taken the initiative in talking interventions.When was the last time you can remember having a concerted central bank market intervention?
Although, there are two separate issues with the ECB reducing rates as compared to the BOE raising rates. Please refer to and read related article.on Concerted Central bank Interventions and Timing USDJPY - Unilateral Intervention as reference study for certain market conditions.
It is vital to note these events to know what certain market conditions do trigger central banks to really take action than simply using the power of verbal intervention alone that can also move market prices and trigger investors reaction almost instantaneously. And this is where true"Judgement Calls" are made or break!
Market Snap-Shot 5.11/12
Thursday, May 8, 2014
Price Action Volatility
UPDATE: Points of Variable Reference :
As of May 08,Thursday 10:10: USDJPY trade position settled with the USD Index registered a low @78.90bp (objective Highlighted below near 78.80) @101.58.A price reversal on comments from ECB Mario Draghi open to Intervention has drag the EURUSD pullback from the high @1.3995 Again, adding to lower US jobless claims supported the USD lift. But caution: should be exercised as price action coming from European side and watch succeeding US reports.
Near Term Spill-over is expected across the board on a USD sudden price lift due to these comments and reports. But still favorable for the Dow Jones; stocks lift as of this writing.
Very volatile! Only the Best for your trades!
Tuesday, May 6, 2014
Price Action & Market Behavior lll
AUDUSD, USDJPY & AUDJPY cross:
In one of our previous statements and market outlook; is that the
mighty US Dollar decline status of being competitive among its peers
could only benefit US valuation of major companies and their earnings
report as we have seen from the past.
Price Action & Market Behavior
MegaTrade101.com - Spot.Check: USDJPY
UPDATE: As of May 08,Thursday 10:10: USDJPY trade position settled with the USD Index registered a low @78.90bp (objective High-lighted below near 78.80) @101.58.
A price reversal on comments from ECB Mario Draghi open to Intervention
has drag the EURUSD another pullback from the high. Again, adding to lower US
jobless claims supported the USD lift. Caution: price action coming from
European side and watch succeeding US reports.
As of May 05, 2014
The volatile price action from last Friday's report on the Jobs data that pushed the USDJPY to as high as 103.00 was indeed a great chance to time an entry that we have anticipated would pullback at the end of a short trading time frame. However, the expectations where beyond the price action declining to 102.10 levels.
Much of sudden price in either direction from a limited trading hours have been considered. In fact, the corresponding DXY push to 79.92 and resisted near its bench mark @80.05/10 after the Jobs data was within a small window of one and half hours before it started declining before the closing of trading session. And a probable spill-over in the Asian trading session towards the European sessions would prove to be likely to occur than a USD or USDJPY recovery. USD sell pressure has been kept hanging in the market due to the underlying weaknesses of the Jobs data and Fed stance on monetary policy with Janet Yellen speaking this coming week would again be a catalyst to market price volatility.As of May 05, 2014
The volatile price action from last Friday's report on the Jobs data that pushed the USDJPY to as high as 103.00 was indeed a great chance to time an entry that we have anticipated would pullback at the end of a short trading time frame. However, the expectations where beyond the price action declining to 102.10 levels.
MegaTrade101.com - The Art of Trading the Foreign Exchange Market with Confidence - Spot.Check: USDJPY
Sunday, May 4, 2014
Post US GDP / NFP Case Study & Analysis
POST- US Gross Domestic Product (GDP) & Non-Farm Payrolls (NFP –Jobs Data)
Focus: GBPUSD (CABLE) Highlights & Insight on Price Action & Market Behavior
Case Study no.GBP.20140502
The price action of the major currency pairs across the board were defined as one of the most dramatic price events that occurred within a few hours of trading focused on the British Pound (CABLE) in particular. And @megaTrade101 wanted to share the ‘behind the scene’ highlights of our Video support ‘LIVE Comparative Analysis’ that led to the settlement of our 2nd GBPUSD trade position; other than having settled its current gains before the Jobs data.
Price Action & Market Behavior: Case Study no.GBP.20140502
Related article on: PERCEPTION VS. TECHNICAL ANALYSIS
Focus: GBPUSD (CABLE) Highlights & Insight on Price Action & Market Behavior
Case Study no.GBP.20140502
The price action of the major currency pairs across the board were defined as one of the most dramatic price events that occurred within a few hours of trading focused on the British Pound (CABLE) in particular. And @megaTrade101 wanted to share the ‘behind the scene’ highlights of our Video support ‘LIVE Comparative Analysis’ that led to the settlement of our 2nd GBPUSD trade position; other than having settled its current gains before the Jobs data.
Price Action & Market Behavior: Case Study no.GBP.20140502
Related article on: PERCEPTION VS. TECHNICAL ANALYSIS
Friday, May 2, 2014
LIVE Comparative Analysis & GBP Liquidation
Video Support for : True Colors of the Market
Staying ahead of the market and Knowing when to move before major risk events is a smart and logical decision. And today's Job's result justify that move to be properly timing the execution before it happens.
" Trading this market should be taken with an attitude to adapt to market conditions.
As discretionary trading can be more advantageous for experienced
traders as judgement calls can best be serve with effective strategies
aligned with generated system signals." Although, there
are times that systematic approach do make good trades, however times
do change; and under these circumstances the market dictates price
action and not how we want to perceive what it should do.
As discretionary trading can be more advantageous for experienced
traders as judgement calls can best be serve with effective strategies
aligned with generated system signals." Although, there
are times that systematic approach do make good trades, however times
do change; and under these circumstances the market dictates price
action and not how we want to perceive what it should do.
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