In Trading the financial markets, Money is made by 'getting the trade right in the first place'.
Whether they be at the top, middle or at the bottom range of the prices. Here is an actual classic example from our trading journal with Reference Trade #Strategies: #USD Probable Turn in the Making Dated Feb 21, 2018 (Still in Effect)
On a quarter to quarter market outlook, these trade sequence have generated a substantial gain as they have weathered the volatility swings of the USD. The effectiveness of the strategies in play have been accumulating much more than what's been expected from a base entry at 88.45 for the #DXY #Futures Contract in February, rolled over and scaled on the way higher.
While a separate entry in the #UUP #ETF likewise has been in play a process using #CIPHER3 Analysis. As position trades can best be maximize especially when trailing corrective moves likewise is very much tolerable. This is only true as additional equity have been built where gains marked are recapitalized for a continuing run and still as effective to this writing until the USD would complete its run.
Continuing price Action of the USD Index from February 21 to June 15, 2018
Applying an extension from where prices came from and the FIBO Pitchfork as a guide for the projected trend.
Applying an extension from where prices came from and the FIBO Pitchfork as a guide for the projected trend.
NOTE:
For PH Asian Investors, this is just one of the specific strategies that could have been applied as early as March, as a form of 'Hedging Strategy' to avoid ' Unwarranted Trading Catastrophe' while trading the PH stocks declining market since its peak at 9078 last Jan 31, 2018. With a current low marked at 7253 have dropped more than 20% on top of the depreciating value of the Philippine Peso. Investors and traders had ample time to initiate when it was called last March 14th, 2018.
The strategy above would not only have leveled the playing field at a fractional cost but would have generated much more than what would have been expected. Review the reference link provided from +Megatrade101 trading journal as part of a blogspot entry which have been properly documented before and after the fact.
To know more about other strategies available especially whenever markets are in a selloff, let us know how we can assist by sending us an email inquiry at info@megatrade101.com
After the recent correction, the USD is back on track from favorable news lifting the DXY back above the 95.00 handle. This week's closing price will define the USD move as US equities are again on a recovery mode after possible new plans on trade with the US administration fine tuning some policies on what China can and can not invest especially in US tech companies.
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