Nikkei 225
Nikkei 225 Index
Crypto Market Cap, BTC/USD, ETH/USD, USDT/USD, XRP/USD, Bitcoin
LAND SECURITIES GROUP PLC ORD 10 2/3P, BURFORD CAPITAL LIMITED ORD NPV (DI), SMITH & NEPHEW PLC ORD USD0.20, BIDSTACK GROUP PLC ORD 0.5P, LLOYDS BANKING GROUP PLC ORD 10P, BARCLAYS PLC ORD 25P
FTSE 100, DAX Index, Euro Stoxx 50, S&P 500, Nasdaq Composite, Nikkei 225
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
W pattern bottom look for long retest resistance
Current 5 Elliot wave, looking retrace ABC pattern make right shoulder to go new higher. Long term still long!
Here is a horse that may prove a good ride down South, if it agrees to make the journey. If the marked levels of previous support hold as resistance to the current retracement, then the marked trade may well be a good trade. Note also the Bearish Evening Start, the Hanging Man and the Bearish Doji all grouped up together...
Price does the same thing over and over again. Just our understanding of this over and over again thing helps us to be better traders. Here is an index that rocks hundreds of pips with each day that comes and can be a joy to trade as it moves in all sessions (European, USA and Asian sessions). It moves. If the previous...
Very rarely do you open a chart and find an entry right away. Good trades have to set up so as to allow as many traders to get on board before the train leaves. This means WAITING is the name of the game in this game of trading the financial markets. You have to WAIT for a trade to come to you rather than you going around...
Japenese index Nikkei225 - Price under major daily and weekly resistance. Good short trade with great risk to reward. This correlates with jpy currency strength.
Japan225 - Bearish Trend Scenario Japenese index Nikkei225 recently broke and retested an ascending triangle pattern on the daily chart suggesting more downside for this index and also big strength for jpy pairs according to their correlation. If you look at the weekly chart of japan225, you can see the trump rally has lost its momentum with multiple...
The blue line is the DJIA. Implies NKY ramp in 2 Dec Asian session, which in turn implies another JPY fade.
This is showing a clear parallel channel downwards. Overlaying the last cycle gives a clue to future p/a. Note you can trade this by buying $EWJ
FX:JPN225 Safe Trades;
Reason 1. Quiet week ahead I will wait for price to break this range before taking a position. There have been 3 attempts at resistance which leads me to think that players need liquidity and will go hunting within this range
Reason 1. Strong USD 2. Price trending up 3. Price above all moving averages
Reason: 1. Good level for prior reversals Notes: Will look for price action reversal setup for a move back to 16400.