Saturday, April 30, 2016

CCY Corner: #USD All Signals Were There

Pushed Over the Edge by BOJ
It takes "TENACITY' to focus on price action, surrounded by changing market conditions while maintaining a trade position that is already on the right side of the market trend. Likewise, it takes a high degree of TRADING CONFIDENCE & DEFINED PLAN OF ACTION while RESPECTING MARKET VOLATILITY.

Trading Journal

Sequence of Trade Analysis Linear Quarter Cycle
from Feb 4th - April 29, 2016 - USD Index registered a low @93.00

Sequence 1
Thursday, March 17, 2016
#USD Chart Formation Comparative Analysis
Sequence 2
Saturday, February 6, 2016
Behind the USD Decline Update - What's Next?

Sequence 3
Thursday, February 4, 2016

How to Relate with the Market
TRAITS for Trading SUCCESS

TUG of WAR in the form of VOLATILITY

The financial market arena is where 'Bulls & Bears' do battle for every trade position or settlement that presents itself for investors / traders to take advantage of.. As the 'Tug of War' has always been present in the form of Volatility. Unexpected Price Action will always occur. Be on the guard!
Adapt to changing market conditions, Define Risk / Reward Ratio and Execute each Trade both on Entry & Exits in a Timely & Controlled manner. Watch for Inverse Relationships of instruments traded; as the market will not provide it to the traders in a silver platter.


Thursday, April 28, 2016

NOT JUST FOREX: It takes three (3) aligned Indices to tango!

@The_CCY_Corner by Megatrade101.com

Loch Ness Formation

@megatrade101: Market Call: #USD Key Driver for Major Indices Direction & Renew Higher Trend with Volume - Momentum signals would be the game changer!

Renew Market Call as of April 13, 2016.

Just waiting! It takes three (3) aligned Indices for a game changing move that would surprise the market.

SPDR SP500 - SPY 4.2816  
https://dwq4do82y8xi7.cloudfront.net/x/rYXYXqpn/

Wednesday, April 27, 2016

Japanese Yen Strength Excellent for Overseas Foreign Workers (OFWs) in Japan

The Bank of Japan stayed firm today not to add further stimulus that drove the Japanese Yen exchange rate stronger nearing the original target levels last seen @45.00 January 2014. Certain cycles do apply when market conditions change. Yet, again the continued Yen strength prevails, while the value of the PHP weakens moving forward.

Remember, that the exchange rate came from a low @35.20 last May 2015 and is now @42.50 as of this writing. Just think and calculate how much an OFW could have saved and made a gain from the information by knowing how this can be done on your own personal initiatives.  MOTIVATION IS KEY!

These moves are well in line with the Canadian Dollar rate which we have published earlier. Timing and knowing how every OFW can do themselves by having to do some due diligence from the market information openly accessible through the internet.

To find out how other appropriate ways to save, invest and learn the most basic knowledge and use best practices to increase financial success sign up for our OFW Wellness seminar.

Link: http://www.megatrade101.com/index.php/one-on-one/events
and Email: info@megatrade101.com



Related Information:
BOJ Send USDJPY Back Lower in Asia Session
Value Added Information relative to the International market.

#BOJ Send #USDJPY Back Lower in Asia Session

Speculative trades throws-in the towel as BOJ opts out (for now) on adding further stimulus package sending a rapid decline with the USDJPY back towards the 108.74 low from the same rapid action marking a high @111.76. While late traders react on a pullback from early session lows. This is the first (1st) signal & a confirmation for a follow through is in the making. Of course, only when after the fact will the price and market call can be validated. 

Watching price action today heading towards Friday's closing week price levels. Follow us on our next topic in choosing the best Cross Rates

@TheCCYCorner by Megatrade101.com



A Keen Eye on the AUDCNH Cross - FINALLY

Finally giving way cashing in after price extension snaps from high. After patiently waiting from over extended price action and expanded moves have now been pressured to give up some of its gains. Watch later as bloomers try to catch session pullbacks!

AUDCNH as of 4.27.16 Asia session


Tuesday, April 26, 2016

Keeping Pace with Fundamentally Motivated Price Action

With the RBNZ and BOJ rate decisions as well as the UK GDP figures, how would these three (3) powerhouse event risk affect the USD's performance? Other factors needs to be considered like the FOMC rate decision.

Weighing the effects of these events would certainly affect the individual currency pairs first relative to the USD.  Pre-release of data and post price reaction at the end of Wednesday's session trading would indicate a glimpse of what the prevailing makeup of the market direction towards the closing of the first month.

Although, the stock market has already showed its close-ties with oil prices will eventually disconnect, once the relative USD correction with the resumption of its directional trend higher. For as long as the USD stays above its benchmark and equilibrium price levels; the ability to sustain its strength remains with acceptable & tolerable drawbacks well within their respective wide trading range for now. However, the wider the range bounce & decline, the better for swing traders to take advantage of as price difference between days & weeks could be substantial even for a single trade.

And for a variation of position trades, the market's prevailing timeline is still valid since the beginning of the year simply based from the linear cycle it has proven to make turning points occur give & take a few. As Time & Price can extend / expand extensively disregarding some event risk & reports totally contradictory to the fundamentals which can still overwhelm market participants to a certain degree. And we have experienced these types of price actions occurring more often due to market volatility.

Our take would be to clearly watch, learn & consider Wednesday's reports and settlement prices heading towards the closing week of April 29, 2016, that would provide an additional view for the coming new month's trade expectations.

NOT JUST FOREX: Market Brief & Insight as of 4.25.16

There has been so many market calls for US stock markets to move lower between 10-15% since the 1st quarter of 2016. Indeed the Dow registered a low @15450.55 dated the 20th of Jan 2016; a retest @15503.00 that served as the higher low that served as a test of patience as well. But since then rallied to its present course above the 18000 levels. Signifying a gradual yet sustainable rally with some minor pullbacks can still provide market participants doubt & uncertainty even until now.

The general over view of the market in a bigger picture has been negative entering just the 1st quarter of the year that really surprised the market including institutional traders that dented their bottomline coming into earning season. There were just a few positive data mostly coming from the US, that drove stocks lower directly related with oil prices. 

With the surrounding developments of oil's recovery, stocks have gradually paced it, along with commodity currencies, including the precious metals market which also contributed to the current rise contrary to the bearish speculation & outlook of some known analyst.

Not Just Forex: Market Brief & Insight

Monday, April 25, 2016

Comparative Analysis & Insight #USD Index #USDJPY

Sequence Analysis Supporting MegaTrade101 Market Call on USD/JPY dated April 11, 2016
The Price Action and Market Behavior seen from the USD decline towards the 93.62 (4.11.16) basis point was a similar movement and market behavior compared with the EURO. This was when the ECB announced a triple rate cut which saw the EURUSD moved lower @1.0820 and recovered with a strong pullback from the low while still currently @1.1218 on the way lower.

The similar move for the USDJPY registered a low @107.63/65 twice marked on their daily session. And the subsequent turn-around as the volumes from liquidation (Lower Open Interest on Futures-COT Report) was evidenced with the price reaction. This strategy was a sequence trade from a Short-USDJPY & USD Index cross traded with the correlation of the AUDUSD position trade taken previously.

A close monitoring / following of our market view analysis and written article information before and post market events for the past liner cycle period covering major price action would help viewers be able to follow how MegaTrade101 trading approach are done and executed in certain conditions & during exceptionally volatile market.

Comparative Analysis & Insight USD Index & USDJPY

Wednesday, April 20, 2016

FINANCIAL WELLNESS for OFW that MATTERS the MOST

Overseas Foreign Workers (OFW) In the Asia Pacific Region including Japan, Singapore, Middle East, Europe and even in the US & Canada;  can manage their "Financial Wellness" on their own initiatives relative to their respective financial goals.

For as long as OFW learn to use acquired knowledge in the simplest, yet more effective ways of saving, investing their passionately hard earned funds to work for them in the long haul is what matters the most. Here's an initial short-list on due diligence to achieve financial success; as follows:

More to Gain:


The ADDED-VALUE of KNOWLEDGE to learn & practice the Real-Life Methods of Growth Potential & Risk Management of an Investment portfolio.
How to use & execute the process of Foreign Exchange Rate Mechanism to earn from global transactions.
Benefit from the experience of market potential from a global perspective & free market price system

Tuesday, April 19, 2016

BRIEF INSIGHT: Established Trend AUDCNH Cross Rate

Far Exceeding our Expectations! It can only get better in time! Patience is bitter but its fruit is SWEET :)

UPDATE AS OF 4.19.16

Reference Market Call  April 16, 2016

NOT JUST FX: ETF CORRELATION

Alternative ETF Strategy & Taking Maximum Market Potential on USD weakness whenever a confirmed trend reversal occurs . A distinct advantage over current market conditions as the Power Shares DB US Dollar Index Bearish Fund (UDN) most appropriate relative to the  selected currency positions.

As of April 18, 2016



Sunday, April 17, 2016

TRAITS for Trading SUCCESS

It takes "TENACITY' to focus on price action, surrounded by changing market conditions while maintaining a trade position that is already on the right side of the market trend. Likewise, it takes a high degree of TRADING CONFIDENCE & DEFINED PLAN OF ACTION while RESPECTING MARKET VOLATILITY

And ready to take action whenever needed from unexpected forces detrimental to prevailing sentiments in the market place. The LEVEL of CONVICTION in staying on a winning course needs to be HIGH until such time the TREND DIRECTION runs out of steam either on a bull or bear market.

To have a high level of conviction is based on the proper "DUE DILIGENCE' that would shape a solid foundation of analysis that goes beyond the traditional methods commonly applied. Only when UNCERTAINTY appears out of nowhere that the degree of trading difficulty should be address or...
... When it does ...STAY OUT of the market! ...

by Alexander@megatrade101   Follow us on Twitter @megatrade101


Saturday, April 16, 2016

RESILIENCY of the AUSSIE DOLLAR Remains INTACT

TACTICAL Investor / Traders VERSATILITY & FLEXIBILITY to take action knowing when to adapt to certain market conditions DEFINES TRADING CONFIDENCE!

A clear cut relationship  of how the "RESILIENCY of the AUSSIE DOLLAR Remains INTACT, in spite of the price recovery of the USD. 

As mentioned in our previous market brief; the effects of the USD price recovery barely affected the AUDUSD closing above the 0.7700 . The bias bullish market sentiments remains even after its corrective move from the 0.7722 March high and the recent low @0.7498, as this has been its trading range to watch.

The fundamentals surrounding the currency market is well known almost to all traders and how these reports influence prices and market sentiments. However, a clear understanding of price action at times can outweigh what seems to be the most obvious. The subsequent analysis mentioned here is to have a clear and analytical approach of price action that goes beyond charting even before a major move occurs, particularly with the AUDUSD price direction relative to the rest of the financial instruments. And in the next market information below is more directed with the AUDCNH Cross rates.

RESILIENCY of the AUSSIE DOLLAR Remains INTACT 


TRADE Reference As Starting Point of Trend:
CCY Corner Strong GDP Lifts AUSSIE

CCY Corner: Validated Market Call AUDCNH

Aussie Dollar v. Chinese Renminbi

This chart looks quite familiar right?

From our previous post last March 07, 2016; it has now been validated and proven to have been overlooked even by a few of our constituents that now realized the importance of turning a speculative trade into a serious investment position strategy. Nonetheless here is a brief description. Current price of the AUDCNH as of April 15, 2016 is @5.005 from the base break out @4.8571 position on the way higher.

The fundamental correlation of the Aussie Dollar with that of the Chinese economy is quite relevant  as China have indeed slowed down likewise with a few mix yet, good reports have provided some price volatility in the AUDCNH Cross rates.

However, to some degree there is still the future outlook seems to have some light at the end of the tunnel to our assessment. And this is based on both how prices have played out since the 7th of March on the AUDCNH as shown on the chart and market call that we have made.

Click on the chart of AUDCNH.

A reverse call from a short to a long AUDCNH on the way up have been placed @4.8570 price break higher. Where the initial curve that has served as a basin for technical support was designated to have a substantial market potential nearest to the 5.000 levels. As this price would serve as the highest probable objective then and now has come to a fruition at the closing of this week ending the 15th of April 2016. Click to continue

Friday, April 15, 2016

Sharing Bloomberg Info On European Stocks

What traders and investors are thinking, is exactly where the market is at right now. That is what MegaTrade101 primary take and objective is to go beyond charting and market price behavior to be able to step up to the plate before a break occurs.


Bear this question in mind: How Does Seasonal Chart Pattern Affect the Next Market Direction? When you have answered, you're a step ahead of the US & European markets! With that said, No harm in considering the Contrarian Theory too. Cheers!

Thursday, April 14, 2016

CCY Corner: SGD Eases Relative to USD

Monitoring Asian Currencies - ADXY

USDSGD
The unexpected monetary easing by Singapore have provided a surprising welcome treat assisting the economy. This led an initial price recovery for the USDSGD from a low @1.3422 and currently working @1.3600 still well within a corrective phase. The recent decline came from the Jan high @1.4440 last marked & dated the week of Jan 4, 2016. The price recovery may take some time to cover the trading range from its HI/LO price levels.

The registered low has created a similar divergent trend that led to a similar chart pattern comparison with the USDJPY price movement from the low @107.63 and have made a decent price recovery currently @109.65. We are referring to similar market behavior in various market conditions contrary to different monetary policies expectations and with the varied approach of assisting each country's economic recovery.

Thus, the subsequent moves by central banks again is no real surprise which have somehow dictated markets at most times have out-balanced traders of unexpected release of data. The spill-over in the market also provided support for the USD to hold its current ground for its counter-part with the JPM Asian Dollar Index (ADXY) - staying above the 108.00 support level which is being retested from the recent decline. Monitoring the market behavior of Asian currency relative to the USD would surely assist traders and investors a better understanding where Asian currencies stand with the recent surge of the USD index in the US trading session.  

Getting Ready for a Market HOOPLA! Is the Market ready?

The market attempts a retest on positive re-entry towards 'EXCEPTIONAL times' for Stocks & USD with right catalyst to drive market hoopla! Please refer to directional trend on stocks & USD from previous year!


Visits Reference: Guideline on Effective Analysis v. Contrarian Theory... What best suits this market?


Reiterating our Market Call on the USD as the Key Driver for the three (3)Major_Indices Direction & Renewed attempt to resume its trend with the presence of Volume & gradually gain Momentum as it reflects its first signal with the current  price movement which would be the game changer in this market.

Only the Best for your Trades!

Wednesday, April 13, 2016

USD Typical Price Recovery, then & now!

The three cluster of candle bars have indicated the first signal that a daily price recovery is in the making. This is also supported with an opening price gap last Monday's US session that followed with an initial registered low @93.62 basis point.  And currently above the 94.30 levels which would also be pressured with the recovery in Oil and precious metals.

Such formation have been easily identified which is typically described in technical chart patterns. The low also provided a divergent price trend when compared with the combined tech tool of the diagonal contrarian direction relative to the Stochastic / RSI.

With that said, the correlated effects would spill over with the EURO & the EURGBP Cross rates directly which is in fact at the stage of a corrective phase with the EURUSD @1.1306 & 0.7941 respectively. Thus the resiliency of the rest of currency pairs could be spared such as the Aussie which is still working at the higher band of its range.

Market Call: USD Key Driver for Major Indices Direction & Renew Higher Trend with Volume - Momentum signals would be the game changer!

Monday, April 11, 2016

Reference to Seasonal Price Patterns v. Fundamentals & Technical Analysis

Seasonal Price Patterns can not stand alone as a pure basis of analysis especially in the Foreign Exchange Market; without the 'Correlation & Association of other currency pairs and their respective Market conditions. However, by closely paying attention to the 'Sequence of Alternating Price Movements' will provide a 'Directional Signal' that reflects the true market sentiment behind a consolidating pattern



CCY Corner: Validating #USDJPY #CABLE Market & Price Call

USDJPY AS OF 4.11.16
The noticeable market behavior on the first week of the new month of April were well noted as new highs and lows were established thus providing the first signal what the new trading month would look like. To 'weather the storm of Price Volatility', alternating price movements from a consolidation which at times seem to show that uncertainty in market direction still prevails until such time a price break occurs unexpectedly.

And this typical behavior did occur with the USDJPY posting a new low where the Yen gained strength in a rapid fashion that registered @107.68 compared with its initial price low @110.65 at the end of the first week of ending April 01, 2016. Since the USDJPY @110.65 is also in line with the 94.30 registered low of the DXY, this aligned price movement was considered to be the first signal that would bring a probable follow through at the beginning of the new trading month of April.

LINK: CCY Corner: Validating #USDJPY #CABLE Market & Price Call

Tuesday, April 5, 2016

Guideline: Effective Analysis v. Contrarian Theory

The probability of greater rewards would outweigh the risk of loss in a given period of time. Other traders and or analysts for that matter, often times look at what the overall market sentiments are. One of the most common is the traders speculative positions and market sentiments index that shows the percentage of long against short positions in each currency pair traded.

Other traders, crowd sentiments are often associated with the general contrarian strategy that traders perhaps opt to practice from time to time in their way of trading the market. Here is a comparative guideline for an effective analysis v contrarian theory that would be useful to know in trading these markets. Which are sometimes a good sense of justification whether the presumed trade goes in line with the crowd sentiments or not. The degree of difficulty to identify a potentially good trade setup may take time to develop. And market orientation of most traders nowadays are focused on what the market presents that can be best taken into account for a good trade. Essentially timing the execution is the next issue to consider.

Most often, traders' eagerness to re-position after a loss, may well have the same negative result; as the emotional factor of getting even in the market takes place. This should always be avoided as it would not help build market trust, trading ability and confidence in trading analysis for traders / investors particularly for retail trading that has smaller capital for risk tolerance.