A Newer Platform from InterContinental Exchange - ICE - BAKKT

Will have a level playing field . . .

With a 1 Day Physically Settled Bitcoin Futures compared with what has been started. Growth, Real Transparency to a more 'Stable, Secure & Mature Crypto and Blockchain Driven industry is now on the right path, especially coming from another established institution such as the InterContinental Exchange! Other than the CME and the CBOE respectively.

It really pays to know how #SPOT & #FUTURES #Trading by #CORRELATION Works! Likewise, this is where old school meets new technology and is still keeping up by staying relevant in the financial industry until now! 

The experience gained and the willingness to continue learning is what's most important for all. 

#investing #trading #strategies - For the Right Reasons 

Source: FundStrats Thomas Lee Explains 

It's really a matter of choice where accredited investors interest do come first, so we as self-directed investors / traders can focus more on important trade strategies. Thus upgrading trading skills & knowledge up another notch.

ALTERNATIVE ETFs other than FUTURES as a Trading STRATEGY

VALIDATION: Before & After the Fact

Although, there are other well recognize 'Alternative ETFs' relative to Bitcoin futures, as the cost to trade with CME is quite expensive compared with the CBOE when it comes to buying in even at the current prices. 

However, preparing for the timing before the turning point could not have been better from the shared Brief on 'Digital Asset' portfolio & analysis dated June 24, 2018 when #BTCUSD below 5900, #GBTC #ETF was below 9.00 and the newly launched  'Diversified Digital Large Cap Fund' #DLCF was priced at 5.83. 

These are actually bargain prices where the obvious institutional investors have taken advantage of. It pays to do 'Due Diligence' before the rally and realizes that prices have gone higher after the fact price update as of week ending July 27, 2018. 

Current prices as of week ending July 27, 2018 are as follows: #BTCUSD at 8188 with a high at 8506, #GBTC at 11.96 with a high at 12.36 and #DLCF or #DAH / share at 6.52 with a high at 6.71 respectively. 

VALIDATION on Market & Price CALL Period coverage 1 month in the making 

Before the Fact: 

Planning for the Next Turn as of June 22-24, 2018
TSOT - Brief Structure of a Digital Currency Portfolio 

After the Fact: 

Volumes Pushes Bitcoin above 8000 as of July 24, 2018

TSOT- Brief Structure of a Digital Currency Portfolio

Preparing for the Next Turn!

With Grayscale Investment Trust Fund recent February launch of its 'Diversified Digital Large Cap Fund' (DLCF), accredited investors would be able to gain access to get a deeper exposure to its weighted components in a more professional manner of investment criteria.

DIGITAL ASSET HOLDING Price / Share as of June 22, 2018 is at
$5.83 Net Day change of -6.87% Source Grayscale 

Here are the components market cap weighted percentage distribution in the fund where their Rebalancing schedule are on a Quarterly basis. This is based as of May 31, 2018

#BITCOIN - BTC - 55.2%  #ETHER   - ETH - 24.2% 

#RIPPLE  - XRP - 10.4%   #BITCASH - BCH -  7.4%

#LITECOIN- LTC -  2.9%

These components and their respective weightings would be quite useful in structuring our exposure to each or a selected group of Digital asset class both in CASH & FUTURES market. A strategic combination of asset class would be determined by monitoring 'Price Action' on the Bitcoin market as it carries a bigger weight / percentage in the basket fund of digital currency. However, the initial structure would concentrate more towards the DLCF and pre-determined individual funds including our 1st GBTC based from our reference information below. 

The approach is similar to the overall components of the original USD Index (DXY), with relative comparison to JP Morgan Asian USD Index (ADXY) and Bloomberg USD Index (BBDXY). This may seem to be a bit complex for others not accustomed to the strategies, as it involves a certain degree of process which MegaTrade101 has timelessly applied with Spot FX, Futures, Options and ETFs markets, which have been quite effective so far since then by using CIPHER3 Analysis Others may view the complexity of the process, but this is where it all started from and eventually turned into our core strength in trading.

With the recent 2017 launch of Bitcoin Futures by both the CBOE and CME, we are now gearing up to speed on combining these methods in a pre-selected venue. Now that the top digital currency assets are tradeable in a variety of funds it would be time to re-apply its viability. Their respective price and percentage differentials have always been our key asset in determining their imbalances similar to the foreign exchange market. 

For now, we would simply share this brief information, as we structure the portfolio based on this premise to start with. As we all know that the Digital Currency market have been experiencing a remarkable decline and the current pressures are yet to be ironed out in the market. 

Reference Information:

BTCUSD Alternative Trade Strategy

Digital Currency Finds Relative VALUE as an Alternative Investment

After the Fact: Volumes Surge Pushes Bitcoin above 8000 

YEN Gains As TRADE WAR Linger On

When tensions on TRADE WAR looms in the market again especially with China; the Japanese #YEN's flight to safe haven never misses the ACTION. It's been one roller coaster ride too many. Never miss a heart beat even with the slightest market recovery near the 107.00 last week was not sustained. Especially with US equities like the #DOW in triple digit decline.

The market's ability to whipsaw these prices is actually getting a bit tiresome for others we have spoken to who can't keep up with the price swing in both directions. Choppy as they say, but quite favorable for day traders scalping in between trades.

The USDJPY is back at 105.33 which is another step down follow through from its recent high and retesting the lows especially when its going to be a short trading week ahead. Just be aware that sudden unexpected pullbacks on these sessions can occur at any given time due to the nature of volatility in the market especially whenever it's thinly traded. As the upcoming Good Friday is just around the corner likewise the end of the 1st quarter trading 2018.

Market Update As of March 23, 2018:
TSOT - Strategic Sequence of YEN Related Trades 

The futures long 6JYM8 (June contract month) has maintained its pace heading North of the chart. Which is obviously an INVERSE of the SPOT FX USDJPY described in both charts and has formed the same market sentiment of increasing VALUE. 

Then again, an advantage for ASIAN - PH Overseas Filipino Workers in Japan have been following our market sentiments on the relative value of the JPY with is strength as against the depreciating PH Peso. The exchange rate has been to their advantage as the weakness of the PHP provides greater value for their remittances.

This way investments and savings made are favorable for their families which would continue to do so until a reversal is identified, but this may take sometime to occur. This is how MegaTrade101 encourages PH OFWs in Japan to keep track of and gain the knowledge and the monetary benefits by knowing and planning their finances through this simple process similar to a foreign exchange dealer / remittance center. This way they do not have to trade the FX market the same way that we do.

VOLATILITY Dominates With PRICE ACTION - USD Recovers

Swings in both Directions

High Frequency Trades are having a blast from the market's Volatility with Price Action in Triple digit net change couldn't get any better. The price for such a choppy market can be attributed to the volumes traded not only for individual stocks but the major indices in the futures market are quite a contributory factor for these market swings.

The versatility of professional traders and accredited investors using at least three markets at their disposal manages to get a lead on the market over the different time zones that could be accessible. Having the advantage of trading the #DOW #NASDAQ and #SP500 (GLOBEX) along side the US Dollar - DX Futures Index (ICE) and averaging with an ETF - #UUP have taken trading and investing to a higher level. Likewise these trades coincides with the NK225 and the JY futures cross traded with SPOT FX. 

The complexity of the dimension traded are done similar to how institutions and professional money managers does. With the exception that the relative figures are much bigger then in our prime, compared with what is being currently manage now. Although, the deliverables are the same since the strategies applied even on a loss are meant to cushion and maximize the market potential of profitable trades.

With that said, market misdirection's are plentiful and we could not barely count how many market movers have been made barely into the 1st quarter of 2018. Staying on top of the market with the USD at this time have lifted it nearing the 90.05 levels. And the UUP ETF at 23.56 levels

The price consolidation of the US DXY which have formed a base pattern can now re attempt its higher trajectory for as long as the DXY stays above and closes near the end of the 1st quarter of March. The first two weeks of April would be the time line that we are looking at to truly show it market potential. Otherwise we shall stand corrected if the opposite occur.  

#BITCOIN Price Sensitivity Remains

In spite of the recent price stability towards its recovery Bitcoin's vulnerability to fundamentals surrounding exchanges and regulations it now boils down more towards the sense of  SECURITY and CONFIDENCE.

Especially with what transpired in Japan's Bitcoin heist which have turned into stricter enforcement with regulators. Although the mere fact that ongoing talks of regulation among exchanges and trading platforms can only be good overtime as the eventual impact of the industry has already made its mark and usefulness across other industry players.

Yahoo Finance Resource: Bitcoin Drops Below 9000 Mark

It would just be a matter of time until these 'Clouds of Uncertainty' would clear out for Bitcoin and its relative Blockchain technology's by-products would sit on their respective places. Besides we are gathering so much big data that we would be able to use well for future reference when called for. So far the ups and downs on price swings have been quite orderly in spite of a wider drawdown below 9k mark has led other speculative traders to rush towards futures to hedge their Bitcoin holdings at this time.

Although, classic traders and investors find it difficult to do so as others may have a far better tolerance levels than those who only trades for speculative purposes. Note, that it took a month to move back below this levels and for bitcoin to do is a good sign of market stability among participants.

Related Info: In Search of ALPHA Trading EDGE

BEST & WORST for BITCOIN is OVER, For Now!

It's been barely two months since both the CBOE and CME have engaged in the Bitcoin exchanges. While we've probably seen the initial highs marked near the 20k levels and a secondary near 17200, it is a fair assessment that these highs can now be called good price reference on the high side.

Meanwhile, aside from where all these prices came from, the rapid decline from these highs have made it clear that the first low near 9020 and the secondary low marked at 5870 low likewise serves as the initial base price to consider. The wide range established between its high and low simply means that the price action on Bitcoin price swings may well still be in triple digits in both directions. Substantial enough for speculative day traders out for a quick bite of the market but not excempted from the risk of loss at the same time.

Observing preice movement and market behavior since the two major exchanges opened and how well the prices of bitcoin have remarkably been well tamed from where volatility kicked off a couple of years ago. In simple terms, the hot market have cooled off with both exchanges participation have dramatically paved the way for much of the oderly transactions that we see today. But not without a price to pay, as we see the price of bitcoin has been sliced to more than half of the range it has to day.

Although, the price range between 8k and 12k could well be considered a fairly priced level of transactions as it navigates itself for a long period of consolidation. It so happens that the length of time that Bitcoin would have to narrow that wide gap until such time it can break out of the consolidation phase. The random price swings can go in both direction, but at least with a short price reference slightly over a month could still prove to be a good reference for short term trades based on its technical perspective. Don't expect to make the same type of returns it once had. Even the way that GBTC already did a split 91-1 that would not give the same levels.

Choosing between classic or Futures trading on bit coin would really depend on investor / traders goals and objectives. As both carry a higher degree of risk and capital to start with regardless leverage or not, the risk involves a higher degree of loss with an equivalent reward at stake as well.

For those who have already been holding on to whatever amount or price of bitcoin then, consider futures market as a strategy to protect the holdings against any adverse future price fluctuations. And simply make use of whatever available methods the market has to offer to enhance and improve your portfolio or trade positions.

Be a smart tactical investor / trader and outmaneuver the market

at its own game. 

With CLASSIC, FUTURES and BLOCKCHAIN Relative ETFs Market it can only get better over time as the global market evolves around technology driven innovations continue to move forward.      

STRATEGIES: USD Probable Turn in the Making!

A Spread & Straddle Strategy Applied

The USD Price Action has been limited to a certain range level at the lower band of the trend in search of a base to solidify its next move. Surrounding fundamentals still remain with inflation, interest rates and equites volatility as key factors investors and traders are focused on.

Four weeks of price range and consolidation which the USD DXY have retested 88.38/43 low have now retraced and nearing its recovery back towards the 90.05/10 levels. The market is awaiting for fresh incentives to justify a continuing price move above this level. MegaTrade101 initial USDX Futures price level above 88.43 with a 'Spread & Straddle' strategy in case the market does otherwise. A test for neutrality with a net position in place whenever a break occurs is a smart way of testing the waters while it is calm. The advantage of having access to and maximize available strategies both with Futures and Options markets for the USD, Foreign currency and Equities.

As a background analysis, there are certain price action that formed a 'Cyclical Price Pattern' which were identified across major currency and a cross sectional difference between equities that share similar yet diverse signals. Thus making a summary report may only prove to be speculative rather than an absolute definition for stock picks to be able to pinpoint one from the other. Although, the financial sector has been identified to carry a direct correlation with certain stocks.

This would only mean that the prevailing market trend would still overcome the negative effects of the recent market sell off and current market volatility. In this case the USD current four weeks base pattern can serve as a valid support for now as shown above chart. On its simplest form from a chartist perspective they would call this pattern simply a 'Double Bottom' but that is after the fact. As a caution, we would not discount also the probability of a let down in the event unexpected overseas events and or comments from the UK comes through on interest rates as an example

And the next turn of events upwards would likely occur against all odds. This is where we have applied the basic principles on the 'Law of Total Probability' in current market conditions. Which still proves that the over all positive tone surrounding the financial market contrary to the recent market sell off would eventually continue. And it can only be proven 'After the Fact' when price action will justify this market call, as we are left with slightly over a month nearing the end of the 1st quarter trading. In the event that prices do move otherwise, subsequent trade adjustments on the positions can easily be rectified. 

#CME Pulls its Muscle & Tame the ROAR of #BITCOIN Rally.

After CME's launch date on DEC.18 it has been quite a significant down hill pressure as evidence reflects in today's prices for #BITCOIN and its relative peers now trading below the 10k mark. Indeed, this is the way how #CME pulls its muscle and tame the roar of the rally.

Market Watch Reference:

 Bitcoin Trades below 10k 

Of course, it was easier said after the fact, but knowing how these institutional players takes action the level of difficulty against the CME traders is definitely in a scale of 10. We can now say that our 1st year anniversary gift was a welcome treat last Dec 16, 2016 on GBTC entry (published on Dec 27, 2016 Market call)  -to- Dec 16, 2017 Settlement date followed the plan has now been VALIDATED.

It does take a month after to be able to do so.

As a new low for the 1st of January have been made for now. 

USD Weakness Lifts Major European Currencies Higher

Among others!

With some Asian exchanges still closed for the holiday, the start of the new year for China's Hang Seng Index (HSI) moved reaching a 10 year high at 30515.31, +596.16 pts. = 1.99% on the first trading day of 2018. With Shanghai at 3349.05 +41.88 = 1.27% increase likewise, shrugged off the decline in the US equities on the last day of trading 2017.

With the USD slipping into negative territory for the year at 92.08, the USD Index would have quite some difficulty to recover at this early stage. Currently, the US Dollar index is at 91.85 with a low at 91.75. And may find itself in search of a bottom at the start of January trading. For now, any price recovery may simply end up as a relief recovery up until the mid-term of the 1st quarter of 2018.

AUDUSD As of January 2, 2018

Which can only mean good for the Aussie Dollar now at 0.7840 from the bottom price of 0.7500 just last Dec 08, 2017. And the continuation for the EURO currently above the all important price of 1.1880 and is now at 1.2035 to this writing. While CABLE have been dragged from the BREXIT negotiation table, it had worked itself back to its current levels at 1.3555 with a second wind aiming to mark 1.3580 - 1.3680 range for the week ahead.

With the backdrop on OIL's recovery above $60.00/bbl and Gold managing to stay afloat above $1300 /troy oz. at the rate that both markets have kept a firm grip due to the USD soft prices for the 2017, after briefly touching a 103.00 basis point on the 1st week of January 2017. And continued its decline starting the 2nd quarter thereafter. That's is why we have stayed well within the equities market towards the end of the year. With only to carry the AUSSIE Dollar and CABLE as Europe starts to gain economic ground from their recent lows, while focused on BITCOIN and GBTC Investment Trust settlements prior to the CBOE and CME launching their respective trading. An excellent trade decision if we may call it above par! As it would be unwise to trade against the CME when it comes to Futures trading.  

Let's see the first month's trading and decide how the 1st quarter would really look like based on our near term analysis for the USD as always our basis for market reference. 

PRICE ACTION on CryptoCurrency

Speaks Louder than Words can Describe!

#BITCOIN market sentiments has spill over effects on #GBTC Investment Trust which has out performed even our best expectations well within our one year anniversary. However, those who intend to short futures may have to think more than twice going against the major trend for now. Needless to say the value speaks for itself and this goes the same way with #ETHUSD

GBTC Investment Trust

CME debut have again boosted GBTC Trust Fund as a security under the Stock OTC category and led prices further, extending the move extremely well near the USD3500 with consistency in volumes. And we shall be carefully watching 'open interest' once a new report would be release for Bitcoin futures made available from the CFTC.  Chart Update: As of Dec 19, 2017 

ETHEREUM - ETHUSD as of Dec 17, 2017

BITCOIN Still in Search of New Record Highs

#BTCUSD price have marked a 6316.85 high on the 29th of October and so far is maintaining its stance reflecting a new search for a newer high. This is on top of a declining volume that has kept prices relatively high on good demand and positive market sentiments against contradicting statements made on wall street.

Price Update: At USD6571.00 As of Nov 1, 2017 

Price Update: As of Oct 31, 2017

Once #BTCUSD broke the 5000k mark with a significant move; it has entered a new phase where a new higher channel have been established that serves as the 2nd channel & compartmentalize its price action in search of newer record levels. And the 6316.85 proves that point.Meanwhile, the current price at 6550 is well on its way to our projected price range nearest to 6780.

Reference to Ideal Price Range Objective between 6250 - 6780

Related Information: 

CME Group Announces Plans to Launch BITCOIN Futures 

Bloomberg Chart that best describes BITCOIN rapid acceleration