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| AUSSIE KIWI OVERLAY |
And its just the 1st opening trading day in Asia and the market is showing some real good trade signals. Due diligence required to keep a keen eye on the market potentials now.
MEGATRADE101.com - The Business of Making the Right Trading Decisions Beyond Charting & Price Action Analysis
Sunday, July 31, 2016
ON THE CCY CORNER: New AUG Month in Asia Session
And its just the 1st opening trading day in Asia and the market is showing some real good trade signals. Due diligence required to keep a keen eye on the market potentials now.
Friday, July 29, 2016
GREAT Innovation at Work - Beyond Finance & Global Investment
#BLOCKCHAIN method of "Thinking Technology" is revolutionizing digital payments that would go beyond Global Investment, Finance, Logistics and Trading capability more than ever.
via
POST GDP - USD gives way to YEN
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| DOW & SP500 |
Update: With a less than expected decline in GDP have provided both the #USD, #DOW & #SP500 quite a bit of breathing room for a corrective price move. However, the move minus the report would have been a given, so to speak where prices sustained at their highs would have to retrieve back with some profit taking adjustments for the new month to open.
This would allow position adjustments earlier at the closing months period as a clear reaction from a technical high price meeting a projected resistance level that created a #divergent selling pressure from a high at 18622 levels; before the end of the trading week too. This goes for the trio to move in tandem. As investors shifts back to safe haven Yen trade with the #BOJ disappointing consensus leading for the #YEN & #DXY to appreciate. This has been the see-saw effect of investors flow for sometime now.
This would allow position adjustments earlier at the closing months period as a clear reaction from a technical high price meeting a projected resistance level that created a #divergent selling pressure from a high at 18622 levels; before the end of the trading week too. This goes for the trio to move in tandem. As investors shifts back to safe haven Yen trade with the #BOJ disappointing consensus leading for the #YEN & #DXY to appreciate. This has been the see-saw effect of investors flow for sometime now.
Reference : NOT JUST FOREX, ON EQUITIES TOO! (As of July 20, 2016)
Have a Great Weekend and thank you so much for the recent follow on Twitter. And we'd like to invite to click on the like button on Facebook too!
Only the best for your trades!
Thursday, July 28, 2016
Let's See Who Blinks First!
Soft market gears post FOMC w/ #investors #traders balance who blinks first in the next few sessions towards the end of the week's activity.
On the CCY Corner: So far #USDJPY still caught within range with the exception of the Euro keeping to stay afloat during the current session. Combining Candlestick Bar & Western Bamboo.
Wednesday, July 27, 2016
Variable Comparison of #DOW then and Now!
Revisiting Trade Journal on the DOW's market behavior compared with today's market direction based on a simple description of the declines as prices continue to gradually pace itself North-bound. A simple description below based on a revisit to trade journal
A simplified case of two failed attempts to follow-through with the decline, in spite of the huge negative fundamentals then from China and at the 1st quarter of 2016. Had reversed price action to a rally stirred by Brexit, yet still managed to head North as a result of the of the continued overall bull picture. Daily price swings makes room for technical adjustments and providing mix signals. Stick with the major Trend!
On the tech perspective, chart patterns & behavior more often do follow a similar version in a smaller scale that forms part of the bigger picture. This is one of idiosyncrasy made when properly observed.
Related link: Comparative Analysis: #USD & #DOW - Stirred Not Shaken
Update: Soft market gears post FOMC with investors & traders balance act, as who will blink first in the next few sessions heading towards end of the week's activity.
Related link: Comparative Analysis: #USD & #DOW - Stirred Not Shaken
What reasons does an investor & Investor / trader have from trading the financial market?
Redundant on 'investors & investor / traders? Not exactly; as we define them into three (3) categories to start with. Of course, the primary reason is no other than 'the color of money'.
What reasons does an investor & Investor / trader have from trading the financial market?
1. Investors who are investing, looks at market instruments in terms of GROWTH in VALUE more in a medium to long term perspective Moreover in a specific period of time, how these instruments like stocks, Bonds, Indices, Options & ETFs in the global markets today.
2. Investor / traders are actually traders investing their own funds to trade; while looking for short term gains for investments made through leverage trading, in exchange with the probable risk of loss in the market.
3. Other traders have various reasons. As companies offering market orientation and seminars for investor / traders provide all types of marketing strategies to start with.
What reasons does an investor & Investor / trader have from trading the financial market?
Saturday, July 23, 2016
The Process of PRICE ACTION ANALYSIS - Expanded Version by MegaTrade101
Insight through the Eyes of Sir Alexander @megatrade101 (Brief excerpt) EXPANDED VERSION
Be able to improvise a structured strategy that will 'Challenge the Status Quo' from traditional trading analysis, unconventional methods in market analysis approach works simply based from actual market experience. Prices are merely a trader's guide, while the market dictates where the direction would lead to and not the other way around.
At times, certain market conditions provide unconfirmed signals from price action & behavior even before it occurs. This is where trader / strategist develop a true sense of their trading abilities; best described sometimes as intuition. Others may call it ' instinctive analysis'.
ONLY THE BEST FOR YOUR TRADES!
Friday, July 22, 2016
Classic EUPHORIA Market in the Making!
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| VIX Overlay DOW JONES |
With these current price levels, anxiety has been more prominent market sentiments with 'Volatility Index' (VIX) on its lowest levels at the moment. While momentum gains are reflected correspondingly with the DOW's prices at their highest levels giving a signal of positive breath contrary to some analyst continued call for a major decline. This can only happen after the fact. And the VIX is quite the more favored tool to measure the market' price action, but not enough to necessarily push investors to get in on these high levels and missing out the probability of a continued rally in the making. Or it is already one!
Classic EUPHORIA Market in the Making!
Thursday, July 21, 2016
A Matter of Market Perspective - The Right Way
An Important Observation on Tech Chart Presentation & Analysis
As we came across with this chart, it is extremely noticeable that the diagonal line to project a US DOLLAR resistance level of exhaustion was not properly made. the same goes with the horizontal line that should have been drawn across without any obstruction. A valid line across the bars are used only to identify certain chart patterns that resembles from a valid true signal nothing more than what it is intended for. Yet, point well taken that the trading range has been established.
However, coming from a prominent technician / strategist this should be avoided. With all due respect, these publicly shared analysis carries a degree of misconception on the part of viewers who may also have a clear understanding of the market Thus the market interpretation maybe considered ineffective to a certain degree of analysis.
NOTE: The name on the chart has been shaded to protect and not to discredit the author. But we just thought that it was deemed necessary for other viewers to be keen on their market analysis & chart lines to derived the RIGHT MARKET INTERPRESENTATION
However, coming from a prominent technician / strategist this should be avoided. With all due respect, these publicly shared analysis carries a degree of misconception on the part of viewers who may also have a clear understanding of the market Thus the market interpretation maybe considered ineffective to a certain degree of analysis.
NOTE: The name on the chart has been shaded to protect and not to discredit the author. But we just thought that it was deemed necessary for other viewers to be keen on their market analysis & chart lines to derived the RIGHT MARKET INTERPRESENTATION
Compare the above chart with MegaTrade101 Version which also includes the Linear Regression when applied at its current market condition appropriately well within their respective channel direction.
Weighing GLOBAL, EUROPEAN OUTFLOWs & INFLOW to US MARKETs
Yes its the 'Fear of Missing-out' on the Rally!
The analogy is similar with the high stakes of a Baccarat game; where the Law of probability after the banker (Central Banks Monetary Policy) wins, is how the (Market Investor / traders ) player's side ends up winning 9 consecutive (trading days) on the DOW JONES setting new highs thereafter.
The first two quarters of 2016 has indeed been a roller coaster ride, at the beginning of the year and followed through the end of the 2nd quarter. These moves were reflected on the price charts on the DOW & SP500 with similar configuration in a few other indices tracking both markets.
Summary Money Flows & What's next?
The analogy is similar with the high stakes of a Baccarat game; where the Law of probability after the banker (Central Banks Monetary Policy) wins, is how the (Market Investor / traders ) player's side ends up winning 9 consecutive (trading days) on the DOW JONES setting new highs thereafter.
The first two quarters of 2016 has indeed been a roller coaster ride, at the beginning of the year and followed through the end of the 2nd quarter. These moves were reflected on the price charts on the DOW & SP500 with similar configuration in a few other indices tracking both markets.
Summary Money Flows & What's next?
Wednesday, July 20, 2016
NOT JUST FX, On Equities too!
DOW Follows through @18562 levels
The strong US #NFP / #JOBS figure recently released couple with better-than-expected #EARNING reports have now become the main catalyst for the US stocks & Indices to stay afloat in positive territory. The price action signals starting from holding above the 17000 - 17500 - 18000 - has fueled enough interest for a return to equity trading after the BREXIT vote.
The strong USD holding above the 95.05 - 96.50 - 97.10 currently at simply gives the FED some incentives to continue its intended rate hike for the year. But then again, before this happens will provide stock secular bulls to take this rally further for as long as they could against others in the back-drop that has been calling for a major correction of 15%.
NOTE: That the prices came from a consolidation period, that also signified a widening price range that it has established. Hence a simple approach to combine with Price action analysis, is a disjoint angle of projecting a high is based on the declining trajectory line of the lower band. At certain times, unconventional trading rules works during certain market conditions. Yet, prices did marked above 18500 before it occurred.
FX Market:
With soft opening prices across the board in the FX market, the focus on the Aussie & Kiwi were the exception to the rule as price reactions to data released have pushed both pairs lower. While the USD has held steady all though out the US session.
Meanwhile, the Euro retest below the 1.1000 and with Cable back towards the 1.3100 levels are still heavily bias on negative territory. Both CCY pairs opening slightly higher at the Asia session last Monday were merely a corrective move. As we mentioned that these corrections seen even with stocks are 'Healthy' market signals that such directions are still on course.
The strong USD holding above the 95.05 - 96.50 - 97.10 currently at simply gives the FED some incentives to continue its intended rate hike for the year. But then again, before this happens will provide stock secular bulls to take this rally further for as long as they could against others in the back-drop that has been calling for a major correction of 15%.
NOTE: That the prices came from a consolidation period, that also signified a widening price range that it has established. Hence a simple approach to combine with Price action analysis, is a disjoint angle of projecting a high is based on the declining trajectory line of the lower band. At certain times, unconventional trading rules works during certain market conditions. Yet, prices did marked above 18500 before it occurred.
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#TSOT - TOP STRATEGIES ON TRADE BY MEGATRADE101
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Meanwhile, the Euro retest below the 1.1000 and with Cable back towards the 1.3100 levels are still heavily bias on negative territory. Both CCY pairs opening slightly higher at the Asia session last Monday were merely a corrective move. As we mentioned that these corrections seen even with stocks are 'Healthy' market signals that such directions are still on course.
Sunday, July 17, 2016
PRICE ACTION Analysis Defined
Price Action Analysis is a vital key trading discipline, interpreting a simple price chart based on the price changes in the market. The chart could either be the Asian Candlestick bar or a Western Bar format that should have no lagging technical indicators included on it. Probably, with a few exceptions of drawing trend lines that reflects support & resistance levels thereafter.
The simplest form of a price chart describe herein has no technical indicators on it. The consistency of a mere Candlestick Bar formation to reflect price action by itself would be considered a practical method of reading through price movement without having to develop a bias market opinion at first glance. This could be done either with the Candlesticks or the Western bar chart method of analysis.
MegaTrade101 - Process of 'Price Action Analysis'
Thursday, July 7, 2016
Market Insight On US Equities
UPDATE: DOW #SP500 sets new highs, a retest above 5k for #NASD preps market to gain momentum while #USD steady & on course! COMPARATIVE ANALYSIS INDICES
The Financial markets have defined trading conditions especially post BREXIT. Now heading into the US NFP figures, these affects directly & relative to the USD would be the highlight. But the overall prevailing market trend has not change, it all depends how one looks at it either way on a tech or fundamental perspective.
Although, uncertainty does play a role, it is the responsibility of every investor / trader to search from due diligence for the appropriate strategies to trade with that would adapt to these types of market conditions. As we already know the ramifications of a post BREXIT market reaction and what it means for the US and global markets. As Media has a lot to do in providing more towards the "uncertainty' rather concentrate on the probable solutions for global investors.
The Financial markets have defined trading conditions especially post BREXIT. Now heading into the US NFP figures, these affects directly & relative to the USD would be the highlight. But the overall prevailing market trend has not change, it all depends how one looks at it either way on a tech or fundamental perspective.
Although, uncertainty does play a role, it is the responsibility of every investor / trader to search from due diligence for the appropriate strategies to trade with that would adapt to these types of market conditions. As we already know the ramifications of a post BREXIT market reaction and what it means for the US and global markets. As Media has a lot to do in providing more towards the "uncertainty' rather concentrate on the probable solutions for global investors.
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