Japan
Warren Buffett Invests in Japan - Economic War 2020 - CurrencyAs the world watches the USA capital markets squeeze themselves into just 5 or 6 large cap, over-hyped, mania stocks (Tesla, Apple, Amazon, Google, Facebook, Microsoft, etc.), the richest (1%) are avoiding U.S. stocks altogether. Warren Buffett has just announced his buy-ins into Japan (over past 12 months). *Warren Buffett made gained his massive "unrealized" returns by accumulating stocks just after the great depression. He then held pretty much his entire lifetime. I don't believe Warren has an edge at all anymore. The world has moved lightyears ahead of what the baby boomer generation can generally comprehend. Sorry Warren, stash the cash, go enjoy your family. Your best days are behind you.
Invest in small cap USA or watch the USA struggle for years. Sad stuff. DON'T INVEST IN JAPAN LIKE WARREN. Don't live on leverage like the majority. Invest smart. CONTRARIAN.
INVEST IN $GNLN or other small cap USA companies. Go USA!!! #cannabis
#federalize
#risksavageinthemarket
#maxcreativeinvesting
#watchthis
#stockmarketcrash2020
#cannabisboom2020
#greenlaneholdings
Bearish USD/JPY Is Preparing for Another DownturnIn this technical analysis I will cover USD/JPY and explain the most important pieces of information on the chart.
First of all, especially in Forex, trading with the trend is very important. If we zoom out a bit, we can see an overall bearish momentum on USDJPY.
Also, we can see a pattern forming similar to a symmetrical triangle. I expect the price to continue upwards for a little bit until it finds resistance and then move strongly downwards again.
I highlighted the important point here with the red breakout circle. If the price goes below this point I believe the downtrend is confirmed and a short trade is appropriate.
As for an exit on such a short trade, we can make use of the horizontal support area around the 104.2 level. This will be a difficult level to break and we can already earn about 150 pips holding it from the breakout zone.
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Disclaimer!
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LONG JP225: A great move to the upsidelet's get into practical details without any bullshit in the beginning...
We have some really amazing targets starting with 22750, then 23000, and the last station of testing the all-time high at the level of 24000, but that's not our topic for now, let's take it easy... step by step.
We have a bearish trend since FEB2020 on the D1 chart, the price tried to break it many times without a result. but now, we're almost ready to test it one more time with two amazing structures on the H4 & H1.
Generally, we have H&S on the H4 chart and it was ready to test the neckline when it made a double-bottom formation on H1 chart, so now it's a great position to open a trade with some small targets in the beginning.
Firstly, we are gonna long JP225 with a sl below the bottom in order to test the neckline. 22450 will be a good support to put under consideration when we are attacking the neckline.
Secondly, in case of having a successful H&S, we will wait for the confirmation on the H1 to long it again to test the general down-trend. 22750 will be a good support to put under consideration when we are attacking the trendline.
Thirdly, in case of breaking the resistance, we will fly without mercy to test the all-time high at 24000
I'm following it with you daily to keep you up to date.
Chiao!
More Bullish potential on NIKKEI by ThinkingAntsOkMain items we can see on the chart:
a) The price has re-entered a broken ascending channel (yellow lines)
b) After that, we observed a corrective formation above it (purple lines)
c) We expect a bullish resolution of this correction based on Technical Analysis Theory
d) Target is the next Resistance zone
GBPJPY BEARISH CONT. UNDERWAY??HELLO TRADERS!
ITS THE LAST WEEK OF THE MONTH OF JULY AND WE AREN'T USUALLY VERY ACTIVE AROUND THIS
TIME DUE TO MARKET CONSOLIDATION AND ACCUMULATION DURING THIS TIME LEADING INTO A NEW
MONTH.
OVERALL BEARISH PATTERN ON GBPJPY
WEDGE FORMATION
HEAD AND SHOULDERS VISIBLE
ETC. ETC.
WE ARE USING ONLY 1.5% RISK ON THIS TRADE WITH A 1:4 RISK TO REWARD TARGET.
FEEL FREE TO COMMENT BELOW, SHARE OR LIKE!
THE TRADING REGIME! OANDA:GBPJPY
buy 6J1! 30.06.2020hello dear traders, 6J1! is going finally up (bullish trend ) and that is good news ,and as probabilities shows that market will have a strong resistance, and there is a 20% that in that resistence market will be back in bearish trend, but in other way probabilities shows again that there is 80% that market will break that resistance to become a support and in that case we double our position))
Guaranteed Profits with Classical Support and Resistance Set-Up!In this idea I will share a support and resistance trade set-up for USD/JPY. After it found a strong rejection at the 109.500 level the price rapidly found its way to the support zone of around 106.000.
Just like at the beginning of March, this zone created strong support and awoke many bulls again.
Now that the support zone got confirmed, I suggest a long position for the new week where we monetize the scenario of the price going back to the resistance zone.
For this trade I suggest to enter as soon as possible, so enter the trade wherever the price opens this week. The take profit is slightly below the resistance zone to maximize the chances of getting hit. For the stop loss, place it tightly below the support zone to make sure to leave this set-up when the pattern gets invalidated.
These trades using support and resistance levels, especially after a confirmed support zone, have a very high chance of success. If you use proper risk management and use the right stop loss, you will be able to earn a lot of money using these strategies. Obviously one cannot 100% guarantee the success of each individual trade, but you can make sure to enter those trades with higher success rate.
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- Trading Guru
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Disclaimer!
This post does not provide financial advice. It is for educational purposes only!