As the new month for June swings into action, and traders coming from a a US & London holiday the natural price behavior to retrieve back to where it left off was a market norm reaction. This is in preparation of the coming week's event risk that would increase market volatility and affirmation of trend direction.
As mentioned from our last call on CABLE dated the 25th of May, that " Session pullbacks are not to be discounted at this stage even with CABLE." Apparently did to a low @1.4460 levels to this writing as the poll survey on the BREXIT influenced the market's retreat. Meanwhile, the overlapping week's trading and entering the new month for position adjustments have been expected. Even with the daily session retreat of the DXY @95.46 was likewise seem to be a healthy correction.
Tuesday, May 31, 2016
Monday, May 30, 2016
Scaling & Averaging from established #TREND
Trade positions between #UUP and the #USD Index Futures as a strategy to build up equity as the established trend continues until such time a turning point makes up a price reversal. Session pullback so far has been minor segments limited to daily sessions only.
The advantage of using a well managed leverage to spread positions well within an established trend can build equity and liquidity both in the Futures market and ETFs. Knowing when and how to utilize these strategies can also be a complex method. The exception is whenever the trade positions are done and executed right, the rewards far exceeds the risk involve.
The advantage of using a well managed leverage to spread positions well within an established trend can build equity and liquidity both in the Futures market and ETFs. Knowing when and how to utilize these strategies can also be a complex method. The exception is whenever the trade positions are done and executed right, the rewards far exceeds the risk involve.
MARKET INSIGHT: #Equity #Indices, #Forex, #Futures / #Options & #ETFs
#USDJPY as of 5.30.16 Asia |
The critical closing price for the week post ECB & NFP will dictate the price action. However, the continuing strength to take advantage of is geared towards what a tactical investor / trader can do while the USD is outperforming the stock indices. With the probable exception of the SP500 which have shown some encouraging prices nearer to the 2100.00 levels being watched.
Fortunate for us to be trading with a spread market from Spot FX including currency options have given our strategy the market edge of trading a carry-over trade position on the DXU2016 Futures along side the #UUP ETF as a way to leverage the possible potential of an established trend for the past 4 to 5 weeks now. With the expiration of the May 2016 contract; the obvious target of Sept futures #DXU 2016 objective would shift and the new contract #DXZ2016 (Dec) month as it moves nearer shall carry the FED's rate hikes moving forward. We'll comeback to this excerpt by the 4th quarter of the year.
Labels:
#DOW,
#USD,
#USDJPY,
ALTERNATIVE ETF,
DOW JOINES IDUSTRIAL AVERAGE,
DX FUTURES,
SP500,
SPDR SP500 ETF,
UUP DB ETF
Sunday, May 29, 2016
#TSOT - #GOLD Continues DECLINE as #USD Gains Strength
#GOLD as of 5.30.16 Asia Trading |
The resulting liquidation and profit-taking levels as Gold prices decline is a direct correlated effect from the continued USD price recovery above the 95.50 basis point in the Asian trading session For as long as the USD continues to gain strength the selling pressure would build up and even may place a lid on Oil prices which has slipped back below the USD50.00 levels. This is in reference to our previous shared link from market watch regarding the probability for GOLD to decline even towards the USD1000 handle.
Labels:
#DXY,
#GOLD,
#TSOT by Megatrade101,
#US DOLLAR,
alexander@megatrade101
Divergence #ADXY (JPM - ASIA) #DXY (US)
Ahead of the short trading week and the US NFP & the ECB reports; the US Dollar #DXY has managed to swing past above the 95.50 equivalent levels. While in contrast with the #ADXY at the Asian session at 106.20 corrective move have shown the US sessions ability to hold its ground as FED Chair Janet Yellen's comments sparked an end of the week close higher for the #USD.
https://twitter.com/MegaTrade101/status/737106287914164224
Saturday, May 28, 2016
#TSOT: FX - Reverse / Inverse Price Action Analysis
EXCERPT: #TSOT - Reverse/ Inverse Price Action Analysis - Having a Balance between Technical & Fundamental Analysis through Price action & Market Behavior by MegaTrade101
Brief Description
Understanding price action & its direction moving forward would have to undergo a certain process to be able to achieve a high degree of accuracy in determining where the next directional price trend will take its course. This is where a balance can be derive between technical other than the fundamental analysis that takes place.
The application is best suited for the Foreign Exchange Market & Correlated with the Financial Futures. This is the most basic formula to gauge market direction as it horizontally expands into a complex dimension called the 'CIPHER3 ™ Analysis by Sir Alexander @megatrade101'. This is where Spot prices are compared with the financial futures inverse prices on selected currency pairs that becomes embedded and part of the trading equation.
Brief Description
Understanding price action & its direction moving forward would have to undergo a certain process to be able to achieve a high degree of accuracy in determining where the next directional price trend will take its course. This is where a balance can be derive between technical other than the fundamental analysis that takes place.
The application is best suited for the Foreign Exchange Market & Correlated with the Financial Futures. This is the most basic formula to gauge market direction as it horizontally expands into a complex dimension called the 'CIPHER3 ™ Analysis by Sir Alexander @megatrade101'. This is where Spot prices are compared with the financial futures inverse prices on selected currency pairs that becomes embedded and part of the trading equation.
[External Forces] >Price Action based on (OHLC) Price Page Indicator is >/< Futures Prices ( Inverse Relation ) >[Premium or Discount]< Specific Technical Tools = Trend Direction
External forces are the fundamentals factors that drives market prices that heavily influences price movement directly and/or indirectly. Since markets are relative and correlated; financial instruments affects each other especially in today's global trading activity. Once the markets have absorbed data and news reports traders and strategist reverts back to the drawing board by checking for historical price references.Enjoy the Memorial Day Weekend
While the market is still in the consolidation mode, enjoy the memorial day weekend everyone! Likewise, with London' holiday schedule we'll take this down time for Asia to take its lead in the market the coming week.
Have a great weekend holiday BBQ ...easy on the hot sauce & Cheers!
Labels:
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BBQ grill,
memorial day,
thin markets,
trading holidat,
US holiday
Wednesday, May 25, 2016
#TSOT - DIVERGENT Trend on CABLE v. EURO
GBPEUR Overlay |
It was fortunate of us @megatrade101 having able to identify that the GBPEUR cross rate, as an alternative currency pair to trade with would be another positive position to hold since May 11, 2016 and held over past the 18th of May to this current levels. Although, gains accumulated is already well protected against any unexpected change that may occur within its time cycle. Session pullbacks are not to be discounted at this stage even with CABLE.
Tuesday, May 24, 2016
KNOW when a Trade Position is RIGHT or WRONG!
At times, even the best of the best traders struggles with the issue.
The simple answer to the question can be quite basic such as; when a trade position is on the money then its good. Otherwise, when prices trigger a stop loss order, then obviously its not a good trade.
Although, in a defined consolidation pattern where prices that literally go in both directions is an exception to the rule. As there are no rules to be broken with a long & short position can still result in the same manner.
And timely executed trade entry / exit is what matters the most. The bottom line results defines the trade after the fact. Likewise, there are other factors to consider even when there are only two sides of the trade to choose from. Click here to continue.
The simple answer to the question can be quite basic such as; when a trade position is on the money then its good. Otherwise, when prices trigger a stop loss order, then obviously its not a good trade.
Although, in a defined consolidation pattern where prices that literally go in both directions is an exception to the rule. As there are no rules to be broken with a long & short position can still result in the same manner.
And timely executed trade entry / exit is what matters the most. The bottom line results defines the trade after the fact. Likewise, there are other factors to consider even when there are only two sides of the trade to choose from. Click here to continue.
#GBPEUR CROSS RATE - Market Call VALIDATED!
#GBPEUR VALIDATED! CABLE 5.11.16 resumes rally w/ momentum as tech formation supports price action as of 5.24.16
GBPEUR 1.3089 as of 5.24.16 US session high
UPDATE: GBPEUR 1.3160 as of 5.30.16
https://twitter.com/MegaTrade101/status/735095028024889344
Monday, May 23, 2016
Trade Positioning & Risk Tolerance are KEY
Components for #trading #Investing
Risk appetite has always been associated with 'Tolerance levels' of traders willing to accept certain levels in price swings to take a profit or get hit with a loss in exchange for the gain and exposure in each trade.
Most of the time, basis of these parameters are from the daily trading range and average price change depending on the approach that each trader intends to use while being exposed in the market. With a wide price range and a short term price objectives set as targets in either direction; most traders will take the position the way they see fit their respective trading time frame.
Proper Positioning before an event risk or a lack of one would be an appropriate strategy. By the time prices move contrary to the position taken; traders would then have ample time to make adjustments needed that conforms with the prevailing market changes. On the other hand when such trade position is on the right side of the market, then being ahead of the market makes more sense compared with the rest of the pack. The flexibility to be able to adjust risk tolerance levels at the appropriate time makes it much easier for traders to be on the right side of the trade more often than not.
Risk appetite has always been associated with 'Tolerance levels' of traders willing to accept certain levels in price swings to take a profit or get hit with a loss in exchange for the gain and exposure in each trade.
Most of the time, basis of these parameters are from the daily trading range and average price change depending on the approach that each trader intends to use while being exposed in the market. With a wide price range and a short term price objectives set as targets in either direction; most traders will take the position the way they see fit their respective trading time frame.
Proper Positioning before an event risk or a lack of one would be an appropriate strategy. By the time prices move contrary to the position taken; traders would then have ample time to make adjustments needed that conforms with the prevailing market changes. On the other hand when such trade position is on the right side of the market, then being ahead of the market makes more sense compared with the rest of the pack. The flexibility to be able to adjust risk tolerance levels at the appropriate time makes it much easier for traders to be on the right side of the trade more often than not.
#TSOT - Trust, Confidence & Conviction in the market.
Makings of a Flag |
Yet, the real push would probably come in Asia either at or post G7 meeting. Although market conditions is ripe for the taking soon enough. We are just merely waiting for this to occur as we are well positioned for the main event. All we need to see is the re-emergence of trust & confidence in the market once these expectations materializes. Proper positioning before it does would be a significant difference for positive investors that would carry these conviction in the market place supported by the mere size of volume contracts and the momentum to come along with it..
Saturday, May 21, 2016
Mohammed El_Erian Shares Brief Insight on #USD
Mohamed El-Erian is a LinkedIn Influencer
Chief Economic Advisor, Allianz; Chair of President's Global Development Council
Ahead of G-7: Interesting to see the currency rheteoric build up at a time when the #dollar index hasn’t moved by that much – at least as yet – off its recent low.
Chief Economic Advisor, Allianz; Chair of President's Global Development Council
Ahead of G-7: Interesting to see the currency rheteoric build up at a time when the #dollar index hasn’t moved by that much – at least as yet – off its recent low.
USD INDEX
Friday, May 20, 2016
CHRIS BOTTI IN BOSTON | "Emmanuel" w/ Lucia Micarelli | PBS
Enjoy the weekend trading break with this music from Chris Botti & Lucia Micarelli
A soothing balance of the mind between trading weeks is great!
#TSOT - #USDX - #ICE - Alternate Trade Strategy
DX Trade Reference 5.11.16 |
The isolated market reaction identified where Cable's upward move above the 1.4600 is contrary with the Euro's the decline back towards the 1.1180 low. While GBPUSD is concurrently moving in line with the US Dollar direction with minor setbacks during the US session. As this is a typical strategy applied well to simply carry a protective position against any unexpected pullback from the GBPEUR Cross trade as our 2nd alternative trade. Likewise, the third (3rd) swing from a USD decline alignment when it marked a 91.90 basis point low turning point as a price reversal was a huge factor for this trade.
Wednesday, May 18, 2016
ASIA Lifts #USDJPY #USDCHF #DXY Respectively
Asian FX session Drives USDJPY @110.09 with three (3) consecutive weeks of gains from 105.55 low as basis of the focal turning point. While USDCHF marks higher @0.9880 from a 0.9663 low & pulls back above 0.9700 benchmark support / resistance. This has supported the lift of the USD Index above the crucial 95.05/10 levels pointed out earlier in our previous analysis that the market is 'Momentum driven while building volume trades to justify our Market call. Likewise, when such momentum is sustained towards the European and US trading sessions, we do expect a continuing rally to be made with intensity covering the USD above these levels while session pullbacks would not again be discounted due to the early hours heading towards the two major markets still needs to be priced into the market..
ASIA Lifts #USDJPY #USDCHF #DXY Respectively
ASIA Lifts #USDJPY #USDCHF #DXY Respectively
#TSOT - CABLE Market CALL 5.12.16 VALIDATED
GBPUSD as of 5.18.16 |
The extensions being aimed would be higher unless certain market pullback would hinder this rally. But for now some traders may have been fixated on the fundamentals on the BREXIT which is way contrary to today's move. At times, the market do move from a technical perspective against all odds. Pls. note that all trades are correlated with one another as majors and crosses are significantly being traded as a combination that best suits market conditions that delivers the next best probable results in exchange with the risk involved.
#TSOT - #GBPEUR Cross Rate - 2nd Alternate Trade
Applying CABLE as basis from 5.11.16 analysis; the GBPEUR cross rates was the preference among the two of the crosses best suited with the current market condition. The inverse cross has more of a market potential than traditional way of trading EURGBP.
Thus giving a distinct advantage of a relative stronger GBP v. EUR moving above median resistance 1.2600 even figure from focal turning point With prices currently @1.2955 as of this writing.
Momentum and investors shift focus on CABLE's strength contrary to BREXIT which may take time. Market is driven by secular force bias to an upward direction supported by technical setup for now. A technical overlay using GBPUSD would reflect that the current direction for the Pound above the 1.4400-1.4500 shows some encouraging signs that justifies the current strength of the GBUSD major.
Thus giving a distinct advantage of a relative stronger GBP v. EUR moving above median resistance 1.2600 even figure from focal turning point With prices currently @1.2955 as of this writing.
Momentum and investors shift focus on CABLE's strength contrary to BREXIT which may take time. Market is driven by secular force bias to an upward direction supported by technical setup for now. A technical overlay using GBPUSD would reflect that the current direction for the Pound above the 1.4400-1.4500 shows some encouraging signs that justifies the current strength of the GBUSD major.
Monday, May 16, 2016
TSOT - Thrid (3rd) Sequence #AUDNZD
While the market is building its "Momentum & Volume" it would validate initial price reversal heading towards a recovery. Do not discount daily session price swings in both direction, while investors waits on the up coming event risk for the following trading weeks.ahead Follow sequence of twitter trade signals from 4.26.16 to have a better footing on the continuing analysis
https://twitter.com/MegaTrade101/status/732447741448728576
Sunday, May 15, 2016
CCY Corner: #USD #DOW Comparative Analysis
The US DOLLAR Index held its lift during the close of last week and clearly heading nearest to the 95.05/10 basis point objective unless unexpectedly derailing its course from any European price recovery.
Although, the pressure for the European majors continue to support bear sentiments as the EURO re-enters a price below the 1.1380. While CABLE have lost steam and retreats towards the 1.4350 levels. Price extensions for both CCY pairs would dominate when the DXY enters its trade above the 95.05/10 levels mentioned.
Note that tools of the trade are simply lagging behind price levels and should only be considered as reference. As these indicators serve as a mere guidance, while considering other equally important trade analysis is being made. Its not the trade alone but the strategy that positively deliver best results.
Pessimism has overtaken positive outlook from a near attempt last April above the 18050. And drifting prices have remained its direction as the market's sentiments on major retailers have turned negative. For now, this would spill over and dampen a relatively good recovery for the DXY with momentum gains over the past trading week. Thus considering the Dow's daily technical outlook & market perspective changes gradual flow of capital flight towards other instruments are being monitored.
Given this case scenario, the application of the 'Law of Averages / large or contracting number of volumes from a diminishing outflow of investors interest in the markets would seriously be considered into the equation.
Although, the pressure for the European majors continue to support bear sentiments as the EURO re-enters a price below the 1.1380. While CABLE have lost steam and retreats towards the 1.4350 levels. Price extensions for both CCY pairs would dominate when the DXY enters its trade above the 95.05/10 levels mentioned.
Note that tools of the trade are simply lagging behind price levels and should only be considered as reference. As these indicators serve as a mere guidance, while considering other equally important trade analysis is being made. Its not the trade alone but the strategy that positively deliver best results.
Pessimism has overtaken positive outlook from a near attempt last April above the 18050. And drifting prices have remained its direction as the market's sentiments on major retailers have turned negative. For now, this would spill over and dampen a relatively good recovery for the DXY with momentum gains over the past trading week. Thus considering the Dow's daily technical outlook & market perspective changes gradual flow of capital flight towards other instruments are being monitored.
Given this case scenario, the application of the 'Law of Averages / large or contracting number of volumes from a diminishing outflow of investors interest in the markets would seriously be considered into the equation.
#TSOT - In the Pipeline @megaTrade101
Keeping it simple for now - Send us your three (3) 'Best Trade Strategies' via info@megatrade101.com and will choose the best to be "Featured" in our new site version.
Categories on Equities, Forex, Futures & Options, Commodity, Global Indices and ETFs are welcome!
Soon to come exclusively for Tactical Investor / Traders
Labels:
@megatrade101.com,
TOP STRATEGIES ON TRADE,
TSOT
Friday, May 13, 2016
Yanni - Tribute "Waltz in 7-8" (HD-HQ)
Music as a Universal Language, after Trading the Global Markets.
A balance correlation for every investor / trader to relate with the true harmonic sounds of instruments well combined together.
Please enjoy and have a great weekend!
NOT JUST FOREX: Market Call #UUP VALIDATED Today!
Today Validates Market Call #UUP with USD Higher Momentum Shift & Equities still on the waiting list.
https://dwq4do82y8xi7.cloudfront.net/x/xLYZFYvJ/
Reference to May 6, 2016 Trade Call ETF & DXM Futures
Reference to May 6, 2016 Trade Call ETF & DXM Futures
#TSOT- #US_DXY Momentum Driven Aligned #ATR #Technical
#TSOT- #US_DXY Momentum Driven Aligned #ATR #Technical
Putting retail sales - Consumer confidence fundamentals aside, the perspective of the USD as describe below follows a declining channel that has now been penetrated higher with prices pushing above the 94.00 basis point.
Measuring, the ATR price volatility, in contrast with price momentum in left circle 1 reflects the turning price point of a market, likewise a repeat in right fig 2. With an exception where momentum has carried price recovery while ATR moves contrary to current price.
Comparing Time line cycle with the rate of price change makes the difference even before current price was marked and data from event risk. Seven (7) applied tools of the trade for the analysis.
Putting retail sales - Consumer confidence fundamentals aside, the perspective of the USD as describe below follows a declining channel that has now been penetrated higher with prices pushing above the 94.00 basis point.
Measuring, the ATR price volatility, in contrast with price momentum in left circle 1 reflects the turning price point of a market, likewise a repeat in right fig 2. With an exception where momentum has carried price recovery while ATR moves contrary to current price.
Comparing Time line cycle with the rate of price change makes the difference even before current price was marked and data from event risk. Seven (7) applied tools of the trade for the analysis.
Thursday, May 12, 2016
TOP STRATEGIES ON TRADE - #CABLE #GBPUSD Insight
Cable's prevailing bearish channel dominates the overall trend direction. However, interim price recovery would be in the making as the expanded time cycle would be followed.
The overlay perspective provides a bearish outlook which is fundamentally motivated while contrary price volatility in the interim reflects a tug of war between bull and bear players battle for positioning. There are at least five technical references applied in this approach.
This is just one of the collective 'Top Strategies On Trade©' that would be part of an exclusive premium service by MegaTrade101 soon!
Monday, May 9, 2016
Brief Series #Price_Action & Tier 3 #Technicals #USD #EURO #JPY
MEGATRADE101 TRADING APPROACH
Relative to market conditions and inverse price comparison with Futures and Spot dealing with the US DOLLAR, EURO & the JAPANESE YEN
Saturday, May 7, 2016
CCY Corner: #USDJPY Rightful Trading Approach Varies
What has been overlooked in a traditional training school would be more valuable than ever. Markets recognizes itself and does not necessarily presents its true colors. Only one from two choices. Its 'how to have a keen eye to identify price action, patterns & market behavior along with the right type of market conditions are the key elements of a 'rightful trading approach'.
USDJPY FOCAL TURNING POINT
Friday, May 6, 2016
Greetings!
Hello & Greetings to all. Have a 'Great & Happy Mother's day weekend celebration' with the whole family. Thank you for sharing our journey... Cheers!
Only the Best for the Family!
Wednesday, May 4, 2016
CCY Corner: #USD Still Key Driving Force in Market Volatility
US DOLLAR INDEX - DXY |
The relative market influence on increasing 'Volatility" have spread extremely well as turning points on price reversal, including follow through actions among certain currency pairs that have contributed a wider trading range, price target extensions / expansion from a technical chart perspective.
CCY Corner: #USD Still Key Driving Force in Market Volatility
Labels:
@megatrade101,
ALTERNATE TRADES,
AUDUSD,
CROSS CURRENCY TRADING,
DXY,
Euro,
EURUSD,
GBPUSD,
US dollar,
USDJPY
Monday, May 2, 2016
Appreciating our Trading Mentors
Markets are Relative & Correlated by applying the power of Spot, Futures, Options, Global Indices & ETFs are useful in trading & Investing when done right!
In celebration of Teacher's Day, after all these years we like to still show our utmost appreciation to the following mentor trainers that shaped us to who we are today and what we do in trading the financial markets.
Thanks so much! JC, WG, GL, HC, & RL
Sunday, May 1, 2016
Yen Strength VALIDATES USD/PHP Weakness in VALUE
Follow Up Analysis from 4.18-19 Market Call
Just as the Yen continues its strengthen against the USD, the weakness of the USD translated into the weakness of the Philippine Peso have given way for the exchange rate to accelerate higher with the JPYPHP now @44.00 & above. And aiming @45.00 or better for as long as the JPY gains value continues its course.In addition the PHP weakness spilled-over the PSE Index where equities have moved lower which had difficulty pushing above the 7500 benchmark reference and currently below the 7000 level. Timing is an important factor which has a basis of reverence and not a speculative process
From our April 18-19, 2016 call for OFWs strategy to carefully watch the prices @40.50 base price point to 42.00 and has now added to the value of PHP exchange rate. When investors do the math, for every 10k JP Yen equates to 4,050 PHP multiply as long as the Yen's strength continues.
Thus, the practical and effective process of saving while value investing over a time period makes more sense for OFW. The same methods applied with currency conversion for now with the value increase of the Canadian Dollar, EURO, Sterling Pound and the AUSSIE Dollar versus the Philippine Peso just to name a few.
NOTE: An advantage for Foreign companies that involves International Foreign Direct Investments is a huge contribution to the Philippine economy that creates jobs, and other business opportunities.
Labels:
AUDUSD,
CADPHP,
CROSS CURRENCY TRADING,
EURPHP,
GBPPHP,
JPYPHP,
USDJPY,
VALUE INVESTING,
Yen vs. Philippine Peso
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