On Market Timing

The importance of "Timing" a settlement or liquidation of a trade position, has the same equal importance of "Timing" any trade entry in the market.

Developing the skill of "market timing" takes some serious due diligence and experience in trading the forex market. There are times that systematic approach do make good trades, however times do change; and under these circumstances the market dictates price action and not how we want to perceive what it should do.

VALIDATED & CONFIRMED: #DXY - #USDJPY - #AUDJPY Market Call 5.25.15

 

Trend-following the DXY on its strength has proved to be the right decision taken as the effectiveness of the Price Action Analysis is still in effect. The anticipated market currency mover choosing the USDJPY has registered a 123.00 high along with its correlated cross rate -particularly the AUDJPY moving in tandem with the USDJPY  chart based on May 25 before today's move simply just paid-off. Thanks to 'Market Timing' from a thinly traded US Market holiday that gave us an advantage in 'TIME EXECUTION ANALYSIS'. 

Reference: CCY Corner: DXY USDJPY AUDJPY Cross Trade Strategy

Trading A Medium For Investing

Is Trading a Medium for Investing in Today’s Market Conditions?

Most market articles are based and presented in their simplest form that are often used for discussions during every presentation, training seminar and workshop as relevant strategies that can be applied during actual and post trading activities. This helps traders and investors to develop a correct mindset by properly using appropriate trading techniques openly discussed in every possible market condition. 

         Trading A Medium For Investing

The Right Approach to Technical Analysis

Part l: Technical Analysis
In most cases. an effective technical analysis MegaTrade101.com follows a distinct process based on historical trends established and price action that can be used as reference points for price resistance (High) and (Low) support. Depending on the approach and objectives, identifying trends can best be viewed as short-to-near term, medium-to-long term outlook.

This process would enable trader-investors the abiity to decide an appropriate trade position to take in the market place. More importantly, an effective technical analysis combined with a few selective tool applications can be utilize to project directional price trends ahead of the market. Certain market conditions do apply at certain times. As market conditions vary in some degree, price action plays a vital role in reflecting true market sentiments on real time trading. Click to continue

Related article: A Constructive Approach and The Strategic FX Trading Techniques

Counter-trade Strategy: USDCHF Perspective

With the USDx resilient @81.85-82.05 support levels; as we have maintained a hold, neutral to buy the USD based on our April 16 market analysis report. And currently moved unexpectedly higher to its current price @83.05 which have proven that the corrective phase of the USDx for now has been achieved; from the high @83.50 dated the 4th of April and declined to 81.70 on the 16th of April 2013.

This recovery for the US Dollar have been influenced more on the Euro's decline from market sentiments focused on the G20 meeting as global growth uncertainty still prevailed in the market place.

However, even without the fundamentals, our expectations for unsuspected USD recovery were anticipated and held true to its form and re-testing beyond the 83.50 basis point is in the making. And this is in spite of the reduction of open interest and short-covering volume reported on the latest COT reports. With considerable volume and momentum build-up USD recovery would continue within the week nearing the closing of the month's trading. Click to continue

DECLASSIFIED: Exclusive Analysis & Trade Plan

EURGBP-GBPJPY-EURJPY
Most of our viewers probably came across our blogspot dated October 29, 2012 titled "Exclusive: EURGBP Analysis" for our Premium members & clients of MegaTrade101.com. Where we have provided an exclusive analysis, a market outlook and a detailed trade plan for the EURGBP Cross rates. Identifying that the trend during those times were a "Reinforcing Trend" in the making. However, due to the USDJPY resurging to its current price levels today; the EURGBP has been over-shadowed by the major movements of the GBPJPY & EURJPY crosses dated last November 18, 2012 respectively. Which we did identify and traded within the price rally and the importance of following a trade plan within a fairly reasonable time frame and price flexibility.
For a complete analysis, pls.click here

FX Market True Colors!

Euro surges after ECB Draghi's comments
As most analyst have have been expecting a no action from the ECB, the disappointment came as a more positive stance taken by ECB President Mario Draghi without mentioning the rate reduction have boosted the EURUSD to its intraday high @1.3195. Although, the 1.3305/10 also serves as the initial cap where a resistance is set for the near term however, market sentiments may change depending on momentum and volumes as a probable retest of these highs would not be discounted.'
The EURUSD rally have influenced...

MegaTrade101: Book Square EURGBP Cross Rate Strategy LIVE for year end 2012

This video supports our Market View Analysis dated Dec 12-22, 2012 Long Trade position for the EURGBP Cross rate and the strategies applied.

This video would likewise show equally the importance of " Timing" the settlement of the trade position, the same importance of "Timing" any trade entry in the market. Developing the skill of "market timing" takes some serious due diligence and experience in trading the market. Once executed the end-result can be seen right away. There will be instances that a price execution can be too early or too late depending on the circumstances and market conditions. A pre-calculated top or bottom can be assumed but can never be guaranteed as the market moves a reversal pattern in either direction is very difficult to forecast until it has taken shape.And on execution, whenever a mistake is identified then the proper corrective strategy can be implemented before any serious damaged is done.