Posts tagged ‘Forex’

Alpha Forex - Jiseki structures

Coverage Global: S&P500 components, Global Indices, ETF SPDRS, Commodities, Bonds and Currencies

Jyoti Nangrani, CMT (Chartered Market Technician) from the Market Technicians Association. She has 5 years of experience in Technical Analysis covering Equity and Commodity markets. She holds a Masters diploma in E-Business and is currently pursuing the MS Finance from ICFAI, Hyderabad. She is a Senior Technical Analyst at Aditya Birla Money covering Indian Equity Markets. She worked as a part of the core strategy team at Tower Capital devising CRM and MIS systems for Debt/Equity and Commodity divisions. She is passionate about Technical Analysis and considers it an extremely valuable skill in current times. Jyoti will be covering Forex in her weekly columns.


The Dollar special

Alpha is a daily strategy signal product that gives long only, short only, pair trading signals. Alpha is a numeric Ranking product based on TIME fractals. The signals are carried over minor (10-30 days) and intermediate (above 30 days) time frame. The signals are illustrated through tracker and running portfolios. Alpha can be used by fund managers for relative allocations, traders for leverage bets and high net worth clients for selective trades. This is a part of the time triads analytics developed by Orpheus Research.

Naked and/or pair strategies are not riskless strategies. Time arbitrage portfolio legs should be risk weighted before any implementation. Please mail us for a detailed working or consult a local financial risk manager to execute these pairs. For more details please subscribe to the Orpheus Time Analytics research products.

Coverage Global: S&P500 components, Global Indices, ETF SPDRS, Commodities, Bonds and Currencies

Jyoti Nangrani, CMT (Chartered Market Technician) from the Market Technicians Association. She has 5 years of experience in Technical Analysis covering Equity and Commodity markets. She holds a Masters diploma in E-Business and is currently pursuing the MS Finance from ICFAI, Hyderabad. She is a Technical Analyst at Finquest Securities Pvt Ltd on the Institutional Desk. She worked as a part of the core strategy team at Tower Capital devising CRM and MIS systems for Debt/Equity and Commodity divisions. She is passionate about Technical Analysis and considers it an extremely valuable skill in current times. Jyoti covers Forex in her weekly columns.


INDIAN RUPEE. ANTICIPATED AND HAPPENED

To access the member’s area or Orpheus estore click here.

WAVES.FOREX is a perspective product published TUE and THU. The report highlights the top traded FOREX PAIRS (e.g. Euro, Dollar, Yen, Indian Rupee, Romanian Lei, Swiss Franc and Dollar Index) The product highlights Primary (Multi Month) and Intermediate (Multi Week) price trends. The report illustrates key price levels, price targets, price projections and time turn windows. The product uses Elliott waves, traditional technical analysis tools and sentiment indicators. REUTER RICS: EURRON=, RON=, JPY=, INR=, HUF=, HRK=, GBP=, EURCHF=, CHFRON=, CAD=, =USD, EUR=

ORPHEUS RESEARCH AT REUTERS - UNITED KINGDOM

ORPHEUS RESEARCH AT REUTERS - USA


BRITISH POUND. COMPLETES IMPULSE UP

Login to the member’s area to read the report here.

WAVES.FOREX is a perspective product published TUE and THU. The report highlights the top traded FOREX PAIRS (e.g. Euro, Dollar, Yen, Indian Rupee, Romanian Lei, Swiss Franc and Dollar Index) The product highlights Primary (Multi Month) and Intermediate (Multi Week) price trends. The report illustrates key price levels, price targets, price projections and time turn windows. The product uses Elliott waves, traditional technical analysis tools and sentiment indicators. REUTER RICS: EURRON=, RON=, JPY=, INR=, HUF=, HRK=, GBP=, EURCHF=, CHFRON=, CAD=, =USD, EUR=

ORPHEUS RESEARCH AT REUTERS - UNITED KINGDOM

ORPHEUS RESEARCH AT REUTERS - USA


USDCHF. Anticipated and Happened

Login to the member’s area to read the report here.

WAVES.FOREX is a perspective product published TUE and THU. The report highlights the top traded FOREX PAIRS (e.g. Euro, Dollar, Yen, Indian Rupee, Romanian Lei, Swiss Franc and Dollar Index) The product highlights Primary (Multi Month) and Intermediate (Multi Week) price trends. The report illustrates key price levels, price targets, price projections and time turn windows. The product uses Elliott waves, traditional technical analysis tools and sentiment indicators. REUTER RICS: EURRON=, RON=, JPY=, INR=, HUF=, HRK=, GBP=, EURCHF=, CHFRON=, CAD=, =USD, EUR=

ORPHEUS RESEARCH AT REUTERS - UNITED KINGDOM

ORPHEUS RESEARCH AT REUTERS - USA


YEN USD. A-B-C UP CONTINUES

Login to the member’s area to read the report here.

WAVES.FOREX is a perspective product published TUE and THU. The report highlights the top traded FOREX PAIRS (e.g. Euro, Dollar, Yen, Indian Rupee, Romanian Lei, Swiss Franc and Dollar Index) The product highlights Primary (Multi Month) and Intermediate (Multi Week) price trends. The report illustrates key price levels, price targets, price projections and time turn windows. The product uses Elliott waves, traditional technical analysis tools and sentiment indicators. REUTER RICS: EURRON=, RON=, JPY=, INR=, HUF=, HRK=, GBP=, EURCHF=, CHFRON=, CAD=, =USD, EUR=

ORPHEUS RESEARCH AT REUTERS - UNITED KINGDOM

ORPHEUS RESEARCH AT REUTERS - USA


WAVES.FOREX.160709

WAVES.FOREX is a perspective product published TUE and THU. The report highlights the top traded FOREX PAIRS (e.g. Euro, Dollar, Yen, Indian Rupee, Romanian Lei, Swiss Franc and Dollar Index) The product highlights Primary (Multi Month) and Intermediate (Multi Week) price trends. The report illustrates key price levels, price targets, price projections and time turn windows. The product uses Elliott waves, traditional technical analysis tools and sentiment indicators. REUTER RICS: EURRON=, RON=, JPY=, INR=, HUF=, HRK=, GBP=, EURCHF=, CHFRON=, CAD=, =USD, EUR=

ORPHEUS RESEARCH AT REUTERS - UNITED KINGDOM

ORPHEUS RESEARCH AT REUTERS - USA


The Forex Sentiment

We receive special requests for forex research on occasions, sometime for trading research and sometimes for risk management. Lately the forex requests have gone up.

The most sighted issue is that there is nothing happening on equity. Forex is the place to be.

Somewhere the link with forex or the interest in forex is overplayed and misunderstood. Not that forex is not a widely traded asset but widely traded assets have their own limitations and forex is not a substitute for equity but a complementary asset.

Forex is a macro economic benchmark. A strong economy suggests a strong currency and vice versa. Just like currency, a strong equity also leads a strong economy. This is why weakness in a currency is accompanied by weakness in equity and vice versa.

Then why do we love forex more than equity when both are weakening. There can be many reasons. First falling currency unlike equity may not be associated with depressing mood.

Second, investors have patiently waited for equity to return. The patience has dried out. Subdued asset class makes one sad. People don’t want to be sad. They want to be where the excitement is. We need excitement. If only that would have worked. Equity offers no excitement and hence is proclaimed dead, a classic case of sour grapes. What does not reverse and profit as expected is worthless or dead?

The chart above illustrates the linkage of LEI (left) with BETFI (right), both weakening together. When we trade BETFI are we not trading forex anyway? BETFI is a paired with Lei and through BETFI we are trading the local currency.

When we trade forex, we believe we are leaving our miseries behind, starting fresh with a new asset. Do we really know? Or are we living an illusion, illusion of knowledge and overconfidence?

Since equity can not fall to negative or zero, a rise in BETFI will be marked by a multi month reversal in the currency also. So respondents who think they are not interested in BETFI (equity) but just in Forex don’t comprehend the linkage of markets in time.

BETFI can time many other assets apart from Lei. It’s like a small fractal that can tell u about every other investment you might need to do the rest of your life. Pick up any traded asset with a reasonable traded history and you can start creating a structure for the future.

The decreasing interest unfortunately or fortunately is the classic sign that towels are being thrown in. There are no extreme on most cases for investors this month RSR readings. Even experts at 52% readings are still away from extreme negative readings needed for a sustained reversal.

The case pointed out in THE SENTIMENT DRIFT continues to pan out.

Even confidence index readings at 42.9% suggests more indecision than any immediate turn around on equities. The ongoing indecision, no serious fall in prices despite push up in negative readings validates our case of final dip lower. From a sectoral perspective underweight utilities and oil suggest that BETNG remains a more interesting sector than what the popular sentiment believes.

Download the free report here:
rsriun09eng1
rsriun09eng2


WAVES.FOREX - EURUSD ANTICIPATED AND HAPPENED

WAVES.FOREX.170609

Download free report here:
wavesforex170609parti
wavesforex170609partii

WAVES.FOREX - WAVES.FOREX is a perspective product published TUE and THU. The report highlights the top traded FOREX PAIRS (e.g. Euro, Dollar, Yen, Indian Rupee, Romanian Lei, Swiss Franc and Dollar Index) The product highlights Primary (Multi Month) and Intermediate (Multi Week) price trends. The report illustrates key price levels, price targets, price projections and time turn windows. The product uses Elliott waves, traditional technical analysis tools and sentiment indicators.

REUTER RICS: EURRON=, RON=, JPY=, INR=, HUF=, HRK=, GBP=, EURCHF=, CHFRON=, CAD=, =USD, EUR=

ORPHEUS RESEARCH AT REUTERS - UNITED KINGDOM

ORPHEUS RESEARCH AT REUTERS - USA


The Dollar cycles - II

We captured the move up on EURUSD from 1.32 levels to the current 1.37 levels. Now the question is whether EURUSD will reach 1.4 levels and continue to push higher or is the pair in a larger sideways action as illustrated by us in the dollar cycles (25 MAR 09).

The illustrated Japanese YEN continues to move in a corrective accompanied by an over reactive momentum. This suggests that JPY should bottom soon after which the pair should push higher against the dollar back to 100 levels. This suggests a minor negativity on EURUSD followed by an intermediate positivity. In other words 1.4 -1.45 could be a best case for the EURUSD. After which EURUSD should push back. Even the move on EURUSD looks faint and incapable to move above 1.39-1.4 levels in the ongoing formation (Slide 5,6,7).

Both HRK (Croatian Kuna) and HUF (Hungarian Forint) seem to be following a similar trend, minor up but intermediate down. All this suggests that our view on DOLLAR in a large primary corrective could be valid.

GBP has also hit the primary cycle low against dollar and any dip down on the pair should be the last bout of weakness before the pair reverses.
We have updated the latest forex report with USDCHF and anticipated and happened cases on EURRON and INR.

Enjoy the latest WAVES.FOREX.

WAVES.FOREX - WAVES.FOREX is a perspective product published TUE and THU. The report highlights the top traded FOREX PAIRS (e.g. Euro, Dollar, Yen, Indian Rupee, Romanian Lei, Swiss Franc and Dollar Index) The product highlights Primary (Multi Month) and Intermediate (Multi Week) price trends. The report illustrates key price levels, price targets, price projections and time turn windows. The product uses Elliott waves, traditional technical analysis tools and sentiment indicators.

REUTER RICS: EURRON=, RON=, JPY=, INR=, HUF=, HRK=, GBP=, EURCHF=, CHFRON=, CAD=, =USD, EUR=

ORPHEUS RESEARCH AT REUTERS - UNITED KINGDOM

ORPHEUS RESEARCH AT REUTERS - USA