#TSOT - Strategic Sequence of #YEN Related Trades

Adapting to Sentiments Across four (4) Major markets!

USDJPY hits 104.64 low that triggered an equivalent drop on the NK225 at 20559, likewise setting NKDM2018 Futures at 20195; wide price differential and the Yen Futures at 0.009600 inverse price relation with a premium over spot. the strategy is quite expensive though well worth the risk taken as we adjust with the bearish and bullish trade conditions and market sentiments. 

A complex trade strategy which we are accustomed to that magnifies the market potential when the trend signal was first defined last Feb 14 from our market outlook. And with the directional move confirmed when it reached 105.50 and now have broken below these levels.

Thus VALIDATING our price and market call from Feb 14 to the close of March 23, 2018. The sequence of analysis and price action took more than a month from the time the information was conceptualized with the USDJPY last February was still trading at 107.09. And a plan of action was built upon this trade idea moving forward. In any trade call where a greater probability of a market potential in the making needs a follow-through trade especially when the directional trend and price action is reflected right on the charts.

Click to continue

Relative Information:
Japanese Yen & Equities at the Crucial Cross Road

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.

On the CCY Corner: #TSOT- #AUD #EURO #CABLE #DXY #YEN

The #AUSSIE has remained favorable as prices sustained from its pullback after the #RBA rate adjustment and have sent it right back above the 0.7600. While the #EURO retest at the lower band of its range lingers @1.1080/90 levels nearing its benchmark aiming the all important psychological level @1.0880. And this is in contrast to the recent better than expected confidence reports from the #EUZONE which barely did any real favors for the single currency.

Well in lined with #CABLE now breaking below @1.3000 handle; following its established course and enough room for the decline to build a gradual pace. The 1.2790 (July) remains the price support from its  previous registered low. BOE rate cut have opened a renewed selling pressure which apparently spilled over to the EURO and likewise opening investors to shift back to #YEN related safe-haven trade positions.

#USDJPY strength @100.67 serves the 3rd bottom price levels to remain vigilant with a #USD price recovery providing a lift back @102.23 to this writing. All considered as a mere corrective move. 'Alternate Price Action' among major pairs should and must always be carefully watched. As this will provide even tactical traders the ability to SHIFT positive trades before any movements would occur. 

#YEN #USD Strength in VALUE ALIGN

The aftermath of the UK vote was the catalyst that provided a strong rally for the #YEN to gain more VALUE for the buck as it did broke and marked a 98.82 USDJPY low before making a slight end of the week price recovery. This has justified our sequence of trades based on Value. As the YEN strength in Value runs in sync with JYU 2016 futures target objective @0.01013 high and knowing when a disconnect will occur thereafter makes a huge difference.

While the indirect correlation of cross trading CABLE & YEN would be more pronounced as the GBPJPY base cross rate is more affected with CABLE / USD price action that gave DXY the relative strength from a CABLE weakness and not necessarily a USDJPY rally. In this exceptional case where the YEN has been a secondary safe haven for JPN225 declines making new lows have been also provided the Hedge strategy for Asian interbank investors alike. MegaTrade101 shall provide a separate insight regarding this cross trade strategy in our next info. 

https://twitter.com/MegaTrade101/status/746616172070608896