Comparing Apples & Oranges - EPHE iShares MSCI Philippine ETF Tracking #PSEI

Comparing with the US EPHE iShares MSCI Philippine ETF, its YTD is marked at 10.33%, while its YOY so far as of today the 7.12.17 is still in negative territory at -8.81% quite some legs to its previous -3.60% last 6.05.17.

And the last time it was in positive territory was on the same month of July 18 2016 with a registered mark at 3.17%. That was when the PSEI marked a high at 7986 and continued to make its high between 8000 and above the 8130 levels. There is quite a percentage and price difference that the PSEI still needs to make up for.

So far so good!.... as for those who have started at the YTD levels trade positions on selected stocks are more positive than the rest. With today's market rally, expect the PSEI to continue in the US EPHE as it has been lagging behind the local index.

  For Technical traders, watch and anticipate how these bars would form as the current prices are well within its mid range HI/LO band. The 3rd quarter of the 2017 should provide some interesting market volatility that already have started in the first two weeks of July which should continue to move forward.

Market's Cautious Reflection Post #NASDAQ Decline

CCY Market Relatively Quiet with a few Exceptions

Asian markets opening have reflected modest declines with the Nikkei 225 slightly below the 20k mark from its recent surge above those levels. Not enough pressure to force a massive sell-off. With the #USDJPY steady between the 111.00 - 109.00 range levels for now. Check comparative outlook on NK225 & USDJPY

The same manner where we find a range bound market for the #EURO with a range @1.1280 HI - @1.1150 LO;  contrary with #CABLE making its abrupt low @1.2635 after the UK election. In light of such price movements in the Nasdaq and the European majors, investors are now partially shifting sentiments while playing it safe to cash-in whatever they have made. Although not all are convinced with a few exceptions from industry players re-emerging a market decline is in the making.

With barely two weeks into the end of the 2nd quarter, the first bear signal came last Friday ahead of the market place.  A reasonable and moderate pullback would be good as this would provide 'LIQUIDITY TRADES' to emerge back and spread out into other markets. Thus, this is where having access to the 'FUTURES' market as a strategic / defensive play is used and would find tactical investors shifting market strategies before another unforeseen market price action from over-crowding stocks takes place.  

Follow-through & Trend-Following #BTCUSD after China Crackdown

#BTCUSD full price recovery have been made with current prices well above previous high @1220.00 The 'BASIN / CUP' formation has been defined with prices trading well closest to the guiding range.

As of March 01, 2017 Asian Session

Meanwhile the corrective move below its previous high serves as the pause with the directional trend remains. On the tech angle, expect the 'Handle' to be made at the full completion of the formation. Pullbacks from highs are expected as prices will drift gradually lower to form such handle before resumption of its higher prices moving forward. Technical trading surpasses China intervention on Bitcoin exchanges.

Reference Info: China Hammers BITCOIN Exchanges

1st Market Move after Consolidation Finally Gives

Although, the #DOW's elusiveness and falling short of a few points to breach the 20k; both the #SP500 and Nasdaq have shown what the true colors of the market is by marking newer highs. Ever since the Nasdaq futures breach above the 5k mark which we were closely watching, while the Dow was merely making adjustments the 1st triple digit gains  for the Dow was quite encouraging. What is now needed is a strong follow-through with enough volumes and momentum to re-fuel market sentiments. Let's see what the earning season brings forward with their reports.

This proves that the market was indeed building momentum for the next leg higher. Meanwhile, it also gave the #USD a moment to adjust its price levels as it was getting too expensive for stocks with the continued strength of the USD.

Cloud Chart:https://s.tradingview.com/x/yo6cOsWs/

MEXICAN Peso (#USDMXN)- Currency Casualty from USD Strength

Even from the very start of President-elect Donald Trump's campaign, his patriotic thrust on 'Jobs' and companies dealing with Mexico has been in the forefront.

Today's conference has proven to be true. The first major currency casualty that has marked a historical weakness reaching @22.00 Mexican Peso to the USD. The worst 20$ depreciation from 2016 heading to the US election as Donald Trump was closing in to the presidency.

Variable changes seen ahead of the US trading session, where there was a rekindling moment that President-elect Trump would be at it again. And so it did!  However, the overall trend direction has been defined and is now reinforced. As the Forex market are trading within their extended and extreme levels of highs and lows from the USD strength. That is why we do not anticipate a major corrective move on the USD but merely incremental changes correlated with its foreign counterpart.

As of US Session: USDMXN marked @22.00 Psychological Resistance,

expect some price pullback during the forward sessions as a result of a rapid

price reaction from President-elect Donald Trump's Conference 

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.

RESILIENCY of the AUSSIE DOLLAR Remains INTACT

TACTICAL Investor / Traders VERSATILITY & FLEXIBILITY to take action knowing when to adapt to certain market conditions DEFINES TRADING CONFIDENCE!

A clear cut relationship  of how the "RESILIENCY of the AUSSIE DOLLAR Remains INTACT, in spite of the price recovery of the USD. 

As mentioned in our previous market brief; the effects of the USD price recovery barely affected the AUDUSD closing above the 0.7700 . The bias bullish market sentiments remains even after its corrective move from the 0.7722 March high and the recent low @0.7498, as this has been its trading range to watch.

The fundamentals surrounding the currency market is well known almost to all traders and how these reports influence prices and market sentiments. However, a clear understanding of price action at times can outweigh what seems to be the most obvious. The subsequent analysis mentioned here is to have a clear and analytical approach of price action that goes beyond charting even before a major move occurs, particularly with the AUDUSD price direction relative to the rest of the financial instruments. And in the next market information below is more directed with the AUDCNH Cross rates.

RESILIENCY of the AUSSIE DOLLAR Remains INTACT 

TRADE Reference As Starting Point of Trend:
CCY Corner Strong GDP Lifts AUSSIE

PRICE Action - USD RETREATS from HIGHS

The rapid action takes precedent where the USD - DXY have retreated from its highs post ECB triple rate cut. Similar price action can be attributed from the single currency that took most of the speculative traders out from earlier shorts along with the USD bull. And this resulted to a market squeeze where sophisticated investor / traders can avoid by cross trading currency pairs to at least level of risk. A practice we do encourage contrary to taking positions post risk events that could go the other way around due to certain pullback activity by institutional fund traders.

USD RETREATS FROM HIGHS 

The ART of CIPHER3 & PRICE ACTION Analysis

Megatrade101.com

The CCY Corner reflects MegaTrade101 current market outlook and CIPHER3™ Price Action Analysis of each currency (ccy) pair & their corresponding cross rates. Due to the time difference of the three major markets, certain price action from the previous trading sessions would differ as price fluctuations are influenced from several fundamental forces which makes prices change in a rapid fashion at times.

CIPHER3™ is one of the most effective strategies developed for trading the Foreign Exchange Market as a proprietary trading system, known only to a few trained strategists that had undergone the workshops mentored directly by Sir Alexander @megatrade101.

CIPHER3™ Analysis is a three (3) step 'thought driven process' which highlights the spot currency pairs and cross rates, their correlation with specific financial futures contracts and options prices that relatively moves during certain market conditions. Going beyond charting and price action analysis, as there are no short cuts to trading volatile markets when investor / traders want to get trade results right!

Registration & Special Access to this Premium Page is required.

Guest Speaker Engagements is now open for financial events, lectures & seminars! For advance schedules & appointment

Email us at: info@megatrade101.com

Market Insight to Trends & Price Behavior

The normal behavior from a price alignment coming from a massive decline for the past month and half since the opening of the new trading year. Based simply on the last few weeks heading towards the new month of February, it had taken another linear cycle that prompted us to consider the probability of a pause and a pullback after the declines. 

And true enough, what the market has reflected over the past several days of gaining lost ground have proven to be correct. The question of sustainability persists given the fact that the price pullbacks in the currency and commodities market alone have started across the mainstream trading activity. This is a review of the four major trading market categories mentioned above. Click Link to continue

Market Insight to Trends & Price Behavior

The LAW OF TOTAL PROBABILITY ll

At times the Law of Probability do apply, knowing 'how to' is equally as important as to knowing 'when to' use the application in certain market conditions.

Being able to fundamentally relate marginal and conditional probabilities are essential to the equation; as market conditions changes at the same time that prices do. The process to achieve a higher degree of projected price accuracy comes by adding the next three methods to find where the price levels would be heading at. This is where going beyond charting and price action analysis goes hand in hand with market behavior.

This method only applies at certain market conditions where the we have found one of two applicable trade set-ups  on the decline and a cross rate still in the making. A clear example was the JPN225 @14770 and the USDJPY @110.97 on the massive decline. Where a price alignment have been identified which we have anticipated a reasonable correction currently reflected by the recent price recovery.


Refer to Link: Price Alignment Validated on Decline

A Matter of Perspective Analysis ll

Applying 2 Leonardo's Theory
on Fibonacci Measurement plus
Sokyu Honman's Candlestick
Interpretation 

Interpreting a price pullback either coming from a decline or a rally still has two sides of the coin to be looked at. And that is how we view the recent price action that occurred from the stocks and currency markets.

This is in connection with our correlated information shared on the Aftermath of Market Volatility and A Matter of Perspective Analysis. There will always be two angles to view the next probable direction that would take place. But it all boils down to how one interprets it and be inclined to believe.

The rapid price change or similar pullbacks across the markets in general were considered to be a relief recovery from a battered stock market decline and with similar reaction from declining Oil prices. Once floating talks would appear in the market on production cuts from OPEC & Russia may tend to replicate an artificial market reaction that might for some reason can be a game changer.

With that said, on the currency side whenever these conditions occur especially with a dramatic price change on the USDJPY and its correlated Yen crosses it would be wise to consider how far such rebound can be sustained. The USD direction nearing the triple digit figure may provide a glimpse of reality either staying above these higher levels or simply closing lower by the end of a new trading week which should not be discounted from certain market comments when it arises unexpectedly.

This information would be quite useful: 

The Aftermath of Market Volatility

The Case of Setting New Highs & Lows 2: At the beginning of a new trading year in the new month of January; our opening market analysis dated the 1st of January 2016, have gained credence as prices have marked their respective levels by the week ending the 29th of January 2016

@megatrade101, we would like to share this valuable price action analysis as a matter of information sharing that has worked well under this current market conditions. Being able to choose the right currency cross compared with their correlated majors has to undergo a certain process of deduction that has defined trade consistency, risk management and most importantly is TIMING trade entry /exit at the appropriate market session within the three major time zone.

The Aftermath of Market Volatility

Step Up into the Plate & Hit a Home Run. But...

A  Tug of War between Bulls & Bears @MegaTrade101.com

@PSE_Index close @6084  A stone's throw away @5989 Oct 2015 kick-off point. Two days to go before week's closing into another bearish tone. Bears are playing dodgeball in the market place. 

Market Recall: http://www.megatrade101.com/index.php/home/perspective/850-pse-index-v-ephe-ishares-msci-etf-v-dow