Staying the course on the USD decline has been defined since retreating back from its high @81.02 levels and currently making a follow-through @79.80 basis point briefly touching a low @79.75. These moves have been identified and reinforced from the negative GDP with some delayed reaction while building enough momentum to carry-over the opening of the new contract month of July which is the beginning of the 3rd quarter, 2014.
The shortened trading week towards the 4th of July celebration; on top of a blitz-full of major Jobs figures & other data to be released would really provide a thinly traded market with enough zest for price action both for the Stocks and Foreign Exchange markets combined.with the May trade deficit and the June index on the services sector from the Institute for Supply Management. On Wednesday, U.S. Federal Reserve Chair Janet Yellen is scheduled to speak on financial stability at an International Monetary Fund conference in Washington would indeed bring itn the fireworks.
Anticipating new record highs for both markets with the current "Reinforced CABLE Price Trend and CHF majors gaining strength have further pushed the US Dollar nearest its lows." The alignment of the USD Index movement with the USDCHF which we have previously called have again showed its true colors with the USD Top heavy technical and fundamentally driven market have justified its major correction for the past few weeks now.
Meanwhile, with the USDCHF registering a low @0.8861 and CABLE's new high @1.7112 have stayed well ahead of the stock market prices before the end of the week's trading. But these prices set-by both majors have already fulfilled its initial objectives in setting a new record for the closing month of June. Watch for the price action volatility during and after the market re-opens on the following week of the 3rd quarter trading activity.
MEGATRADE101.com - The Business of Making the Right Trading Decisions Beyond Charting & Price Action Analysis
Monday, June 30, 2014
Sunday, June 29, 2014
MegaTrade101 New FX Direction
THE ART OF TRADING THE FOREIGN EXCHANGE MARKET ... and ....HOW TO BE SUCCESSFUL AS AN INVESTOR & TRADER ADAPTING TO MARKET CONDITIONS!
For over 5 years, MegaTrade101.com has provided its information primarily for both its private and most loyal viewers a unique yet vital approach in market perspective and insights on the foreign exchange, Commodities, Financial Futures and the Global Stocks within the three major trading sessions.
Moving forward, MegaTrade101.com website would now shift gears in providing a more collaborative and Interactive Professional Service in delivering a client focused direction towards enhancing our clients direct requirements in trading these markets. Access to vital trading information and strategies shall be for " Client On Demand Subscription" Click to continue
Friday, June 27, 2014
Aligned: DXY / CHF Price Action
UPDATE: 6.06-to-6.27:
The US Dollar (DXY) Index has always been the barometer or leading
indicator amongst the major currency pairs being the dominant reserved
currency pair in the world affecting every currency component in the
basket of the index. Although, knowing how it works can best be
beneficial as market price behavior and sentiments can be gauged at
certain point in time.
C3 Continuing Analysis
Tuesday, June 24, 2014
USD & DOW rally side-by-side
NOT JUST FOREX: With a more positive reports from US Consumer confidence & New Home Sales have driven the USD higher with the DXY having reached an intra-day high @80.39 to this writing. This also fueled the DOW Jones stocks nearing the 17000 and the S&P within striking distance on our bench mark levels at the 2000 mark.
Certain market conditions are still present boosting this rally with a price comparison moving in tandem every time a USD recovery is being made. And it has been quite sometime since these movements have occurred similar to the DOW JONES run along side the USD from the year1996 - 2000. Updates on the current portfolio and list of stocks being monitored.
Certain market conditions are still present boosting this rally with a price comparison moving in tandem every time a USD recovery is being made. And it has been quite sometime since these movements have occurred similar to the DOW JONES run along side the USD from the year1996 - 2000. Updates on the current portfolio and list of stocks being monitored.
SYMBOL
|
PRICE &
CHG
|
% CHG
|
||||
| SYMBOL | ||||||
GSPC
|
1967.29
|
+4.68
|
+0.24%
|
|||
DJI
|
16959.26
|
+22.00
|
+0.13%
|
|||
DDM
|
121.68
|
+0.49
|
+0.40%
|
|||
DIA
|
169.23
|
+0.32
|
+0.19%
|
|||
FB
|
66.76
|
+1.39
|
+2.10%
|
|||
GOOG
|
569.59
|
+4.64
|
+0.82%
|
|||
SBUX
|
77.34
|
+0.61
|
+0.79%
|
|||
TWTR
|
39.41
|
-0.11
|
-0.28%
|
|||
Monday, June 23, 2014
Insights: CABLE, GBPJPY, AUDUSD
Market conditions post ECB and FOMC have had countless price swings across currency market in both directions of the chart. Directing an overall USD's reaction into a decline coupled with mix market sentiments among some currency pairs have again stalled market movement. Although, CABLE's resiliency and strength during the USD price recovery for the past 6 weeks since May 2014 has remained in focus.
The disappointing figures from the Euro-zone PMI manufacturing have likewise missed-out expectations, Germany and France doing the same have kept a lid on the Euro and stayed within a day's tight range below the 1.3600 levels. While CABLE stayed above the 1.7000 contrary to the USD slight recovery on its price reaching an 80.40 daily high and currently stable for now @80.35 basis point. However, by the middles of the week's report on Consumer confidence slightly expected to be favorable, alongside New Home Sales contrary to GDP#'s -1.8% expectations probably offset any favorable price reaction if GDP misses out wider than expected. Click here
The disappointing figures from the Euro-zone PMI manufacturing have likewise missed-out expectations, Germany and France doing the same have kept a lid on the Euro and stayed within a day's tight range below the 1.3600 levels. While CABLE stayed above the 1.7000 contrary to the USD slight recovery on its price reaching an 80.40 daily high and currently stable for now @80.35 basis point. However, by the middles of the week's report on Consumer confidence slightly expected to be favorable, alongside New Home Sales contrary to GDP#'s -1.8% expectations probably offset any favorable price reaction if GDP misses out wider than expected. Click here
Tuesday, June 17, 2014
USD, FX, Commodities & Equities
Update: USD GBP EURGBP: Insight
Staying the course on Effective Analysis: With a full round of news reports and data coming out for the week, we would maintain our current course and analysis of the market. Making certain that we would be adapting to any sudden change in market conditions favorable or not with our exposure in the market.
Strategies pertaining to the US Dollar has been confined within its HI/LO range which we have previously defined open to directional price movements in both directions. It has been in an up & down daily pattern on prices between the 81.02 High and the 80.05/10 first line of support since then. The USD has now outlived both major events with the ECB and the BoE, for now the FOMC would weigh in the market by this week. Of course, CPI on both the UK and US followed by the BoE minutes and the Swiss National bank rate decision on top of the NZD GDP figures would be added to the mix of the highlights and market volatility across the board. Click to continue
Update:
SYMBOL CHG % CHG
Staying the course on Effective Analysis: With a full round of news reports and data coming out for the week, we would maintain our current course and analysis of the market. Making certain that we would be adapting to any sudden change in market conditions favorable or not with our exposure in the market.
Strategies pertaining to the US Dollar has been confined within its HI/LO range which we have previously defined open to directional price movements in both directions. It has been in an up & down daily pattern on prices between the 81.02 High and the 80.05/10 first line of support since then. The USD has now outlived both major events with the ECB and the BoE, for now the FOMC would weigh in the market by this week. Of course, CPI on both the UK and US followed by the BoE minutes and the Swiss National bank rate decision on top of the NZD GDP figures would be added to the mix of the highlights and market volatility across the board. Click to continue
Update:
SYMBOL CHG % CHG
S&P 500 1,940.46 +12.58 +0.65%
DJI 16,921.46 +14.84 +0.09%
DDM 121.04 +0.25 +0.21%
DIA 169.09 +0.16 +0.09%
FB 64.341 -1.25 -1.92%
GOOG 554.90 +1.53 +0.28%
SBUX 77.23 +1.67 +2.21%
TWTR 38.90 +0.16 +0.41%
Friday, June 13, 2014
Insight to price Action Analysis: GBPUSD GBPJPY AUDUSD
It takes three (3) to Tango
GBPUSD GBPJPY & AUDUSD: The statement of BoE Gov. Carney's statements was no surprise as he only reiterated the timing that interest rates increase may be expected earlier than most have expected. The timing and with specific delivery concerns along side the rate's implementation and the housing market was more of our concern since the back-drop of a rate increase has always remained but have likewise been over-shadowed by the recent ECB rate cut decision.
Naturally this fueled CABLE to rally to its best performance of the week's trading activity by registering a high @1.6971 to this writing. And prices would remain high and we do not foresee any other related report that may counter the weight of these remarks and current market sentiments. With much of the analysis around the central banks moves just re-establishes our overview that certain currency re-alignments and trade re-balancing across-the-board on the basis of interest rates, inflation. employment / unemployment figures just to name a few. Click here
Related Info on GBPUSD / EURGBP cross trade Analysis
GBPUSD GBPJPY & AUDUSD: The statement of BoE Gov. Carney's statements was no surprise as he only reiterated the timing that interest rates increase may be expected earlier than most have expected. The timing and with specific delivery concerns along side the rate's implementation and the housing market was more of our concern since the back-drop of a rate increase has always remained but have likewise been over-shadowed by the recent ECB rate cut decision.
Naturally this fueled CABLE to rally to its best performance of the week's trading activity by registering a high @1.6971 to this writing. And prices would remain high and we do not foresee any other related report that may counter the weight of these remarks and current market sentiments. With much of the analysis around the central banks moves just re-establishes our overview that certain currency re-alignments and trade re-balancing across-the-board on the basis of interest rates, inflation. employment / unemployment figures just to name a few. Click here
Related Info on GBPUSD / EURGBP cross trade Analysis
Monday, June 9, 2014
USD Index C3™
Not Just Forex: Price Update
SYMBOL CHG % CHG
DJI 16933.92 +9.64 +0.06%
GSPC 1951.78 +2.34 +0.12%
DDM 121.22 +0.16 +0.13%
DIA 169.25 +0.17 +0.10%
FB 62.17 -0.33 -0.53%
GOOG 557.99 +1.66 +0.30%
SBUX 75.16 -0.17 -0.23%
TWTR 33.73 +0.40 +1.21%
Have a good trading week ahead!
Sunday, June 8, 2014
Trading & Portfolio Diversification
Versatility to Adapt: With over 3-digit years of combined Spain & American colonization; it has been a long hard climb for most Philippine investors both local & foreign based living / working in Manila that most main Street investors have finally learned to adapt to the ever changing times of international investments.
Not to mention the total number of years during the iron-clad hand dictatorship of the Marcos regime that investors even had a much harder time in divesting themselves locally and turning into the foreign markets to diversify their investment portfolios were tough to come by but not for those who happen to be well connected. It was only during 1986 that the Central bank had deregulated and allowed an increase in outflow of funds from USD5K and to this update it is currently at USD30K.
Of course, these regulations are only for those who doesn't have as much leverage in business unlike the handful of huge conglomerates (majority really run the PI economy) that does their international banking-business transactions with most of the major institutions in the world. The likes of Switzerland, London, US, Singapore, Japan and Hong Kong just name a few.Click to continue.
NOT JUST FOREX:
For Consultancy & Inquiry on Diversifying Investments & Staying Liquid in creating a Cash-flow - where and how to have access in going about it? email us at info@megatrade101.com
Not to mention the total number of years during the iron-clad hand dictatorship of the Marcos regime that investors even had a much harder time in divesting themselves locally and turning into the foreign markets to diversify their investment portfolios were tough to come by but not for those who happen to be well connected. It was only during 1986 that the Central bank had deregulated and allowed an increase in outflow of funds from USD5K and to this update it is currently at USD30K.
Of course, these regulations are only for those who doesn't have as much leverage in business unlike the handful of huge conglomerates (majority really run the PI economy) that does their international banking-business transactions with most of the major institutions in the world. The likes of Switzerland, London, US, Singapore, Japan and Hong Kong just name a few.Click to continue.
NOT JUST FOREX:
For Consultancy & Inquiry on Diversifying Investments & Staying Liquid in creating a Cash-flow - where and how to have access in going about it? email us at info@megatrade101.com
Thursday, June 5, 2014
Not Just Forex: DOW & S&P - Huffing & Puffing!
DIVERSIFIED PORTFOLIO Management
While the markets awaiting ECB's actions or non-activity and the NFP numbers; the record breaking highs of the S&P have been more important for our out look nearing the 2000 mark levels ever since making a judgement call along with the DJIA above the 16500 has retained its positive breath sentiments contrary to some corrective movements on the way higher.
This will be sustained for now until such time a major contraction would emerge for the US economy. Likewise, it has been sometime that the ISM figures have been showing its growth pace with an ever sluggish jobs growth and leads the US economy huffing & puffing moving forward.
Our most recent call and portfolio diversified into a few sectors have been more along with taking the ride on with the DJIA strength and a timid, yet stable price recovery of the US Dollar (DXY) from its pivotal turning point @78.80/90 on the way higher. Keeping pace with the ProShares Ultra Dow30 (DDM) and SPDR (DIA) have been moving higher with a few bumps has been a near-term beneficiary of this rally as long as there won't be any serious hiccups on either side of the continents.
SYMBOL CHG % CHG
S&P 1,927.88 + 3.64 +0.19%
DJI 16737.53 +15.19 +0.09%
DDM 118.32 + 0.15 +0.13%
DIA 167.13 + 0.11 +0.07%
FB 63.34 + 0.47 +0.75%
GOOG 544.66 - 0.28 -0.05%
SBUX 74.67 + 0.49 +0.66%
TWTR 32.90 + 0.32 +0.98%
While the markets awaiting ECB's actions or non-activity and the NFP numbers; the record breaking highs of the S&P have been more important for our out look nearing the 2000 mark levels ever since making a judgement call along with the DJIA above the 16500 has retained its positive breath sentiments contrary to some corrective movements on the way higher.
This will be sustained for now until such time a major contraction would emerge for the US economy. Likewise, it has been sometime that the ISM figures have been showing its growth pace with an ever sluggish jobs growth and leads the US economy huffing & puffing moving forward.
Our most recent call and portfolio diversified into a few sectors have been more along with taking the ride on with the DJIA strength and a timid, yet stable price recovery of the US Dollar (DXY) from its pivotal turning point @78.80/90 on the way higher. Keeping pace with the ProShares Ultra Dow30 (DDM) and SPDR (DIA) have been moving higher with a few bumps has been a near-term beneficiary of this rally as long as there won't be any serious hiccups on either side of the continents.
SYMBOL CHG % CHG
S&P 1,927.88 + 3.64 +0.19%
DJI 16737.53 +15.19 +0.09%
DDM 118.32 + 0.15 +0.13%
DIA 167.13 + 0.11 +0.07%
FB 63.34 + 0.47 +0.75%
GOOG 544.66 - 0.28 -0.05%
SBUX 74.67 + 0.49 +0.66%
TWTR 32.90 + 0.32 +0.98%
Tuesday, June 3, 2014
Insight: Price Action Analysis- EUR/GBP & CHFJPY
CABLE indeed have declined below an important support level @1.6745/50 and touched the 1.6690; well within the Ichimoku cloud formation. The bearish out look remains the same for now; whether a further continuation would persist would significantly depend on the USD's performance for the week.
Along this price angle, the EURUSD likewise have retested its psychological benchmark @1.3580, three times within the past few daily trading activity. And has shown a resilient price level before the upcoming ECB statements from Mario Draghi. However, on a pure price action analysis; combining these moves where two conflicting majors are at a TUG of WAR, the prevailing market sentiment for CABLE would weigh heavier when it comes to positioning with the EURGBP Cross CCY pair. Click here
Along this price angle, the EURUSD likewise have retested its psychological benchmark @1.3580, three times within the past few daily trading activity. And has shown a resilient price level before the upcoming ECB statements from Mario Draghi. However, on a pure price action analysis; combining these moves where two conflicting majors are at a TUG of WAR, the prevailing market sentiment for CABLE would weigh heavier when it comes to positioning with the EURGBP Cross CCY pair. Click here
Monday, June 2, 2014
Relevant Structure of Price & Time Elements
On Gold & USD Index Trend Direction: A mix read in the market fundamentals would stall price action until the day ECB Mario Draghi speaks other than the Jobs report which will culminate price action at the end of the week's trading.
For now, encouraging reports on China has fueled optisim and Russian President Vladimir Putin backing down rhetoric comments have sent positive reactions even providing a relief recovery for the Ruble. The Russian Ruble has had its share of extreme volatility, not only affected the Micex, but clearly Russian investors in the international market. Click here
For now, encouraging reports on China has fueled optisim and Russian President Vladimir Putin backing down rhetoric comments have sent positive reactions even providing a relief recovery for the Ruble. The Russian Ruble has had its share of extreme volatility, not only affected the Micex, but clearly Russian investors in the international market. Click here
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