USD/JPY slump is an ominous warning to stock marketSuch a stiff drop of USD/JPY in the short time showcased the world economy is really in bad shape, and the fundamentals of the US economy may be rigged. When equity debacle has no end in sight, investors rash to JPY to protect their assets. In the least, here in China, the economy slowdown is widespread and far-reaching, I don't see any significant improvements in the first half year, even though the financial system pumped up liquidity into corporation sector.
I believe USD/JPY will most likely continue falling to 104 level or some, then starting consolidation. The downtrend is quite clear as shown in the chart.
Japan225
Crash or no crash?In this screencast I review a number of indices: the ACWI, US30, NASDAQ100, India50, Japan225 and SPUBYUP.
The picture is pretty grim. Some say that the world is heading into a deep recession that's likely to be worse than 2008. Some of course say 'no chance'.
The India50 and the Brazil60 are the two main indices, yet to take a nose dive.
The India50 is showing some signs of weakening.
Massive Japan 225 short - 16,000 For those traders familiar with the Wolfe Wave technique, it rarely, if ever, fails. Once properly identified, backtesting shows an accuracy unmatched by no other. Its such a simple technique, yet requires training the eye to spot.
Much like painting, it's subjective in terms of charting.
Presented here is a Bearish wave, where the structure points upward. Long story short, combined with the below modified stochastic as used by Linda Raschke (The "Anti' pattern), a very explosive move can be expected in the next FEW MONTHS.
By this chart alone, *every single long* should be liquidated if your holding period is longer than 6 months. Don't be fooled by any rally and don't kid yourselves - the bull market is over.
This technique does nothing more than simply identify where the next move is likely to occur given market balance/imbalance.
This is a monthly chart and a massive move down toward 16K is very possible in the next few months, 2 years.
Japan 225 (NK225) has shown accurate Short signalExchange rate made a fake broke of historical level 24182. H4 close under it. It's a signal that big players don't have enough power to move it up. I think there will be pullback to Mirror level 23000.
We can open a deal because
1. Potential profit in 5 and 8 times bigger than a risk.
2. There was a fake broke of historical level.
3. H4 candle close under key level.
Open a Short at: 24146
T/P1: 23446
T/P2: 23100
What do you think about NK225? Write it in comments please.
P.S. Push like and subscribe if you want to see more signals in the future. I'll write when to open a deal if this post get 30 like.
Always Use proper risk management!
Sell Japan 225Hi All,
Sharing a trade im currently invested in. I've placed a sell order on Japan 225. My target to take profit will be at 23000.
It is the highest price Japan225 has reached. What goes up must come down.
At the same time consider going long on JPY/XXX currency pairs.
This is not financial advise, just sharing my trades and Ideas. Please like if you agree.
All the best,
Kayj9009
JP225USDJP225USD is currently consolidating, trending sideways a close above 21990.6 will trigger a buy stop i placed hopefully to 22675.2 or in the long run 23023.6 last quarters resistance. JP225 is currently trending below the 50 m.a on the daily but test the 50 m.a on the weekly charts .Overall outlook is bullish , so a close above 21990.6 will prove comfort for more bullish momentum in the coming weeks
Japan 225 right above major support, watch for a strong bounce!Japan225 is right above major support at 23085 (Fibonacci extension, Multiple Fibonacci retracement, horizontal overlap support) and a strong bounce could occur at this level to drive price up towards 24139 resistance (Fibonacci extension, horizontal swing high resistance). Do be wary of the intermediate resistance we can expect at 23748 (Fibonacci retracement, horizontal overlap resistance).
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
short at 23600 for target 23000 old support so is 580 pipsshort the nikkei at 23600 as all stock ,in oberboght + euphoria,maybe the mast rally before a big correction,but for now i will wait the real signal and play just sup and res
But true that is very crazy in stock market like just in feb 2016 you put just 10 000$ on nikkei who was around 14500 and now 2 years after at 23500//humm you get a big jacpot and same for all other stock just they down a little you buy again...totally a buble and for my view when it will corect strong will be a crach
short at 23600
target 23000
gain 600 pips
Nikkei Japan Index (29/12/17) *Calm Before a BIg 2018 stormWe are in prolong sideway movement in Nikkei, It is a sure sign of extreme ranging.
If you use Bollinger band which is not useful or rather a pretty useless one, it will show you sideways tight range too.
It is making a small bullish higher high for now, but it doesn't really say of the extreme bullishness.
Watch important levels such as 23100 or 23400 level.
As long as they are not broken up yet, the bear can still kick in sometimes and early 2018 is very likely.
Trade Safe
s0nic
Disclaimer:
The information contained in this presentation is solely for educational purposes, and does not constitute investment advice.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation.
Sonicr Mastery is not responsible for any liabilities arsing on the result of your market involvement or individual trade activities.
Short at 21470 target 21000 ahead of japan EclectionI short eh Nikkei who is in a very uprigh (vertical) wedge ahead of japan election buy the tumoir sell the news.
also the 21500 not seen since years and was monthy resistance
Overbougth sale as the dowkone and sp500 i think we are in a capitlisazion market or bubble is when the market price only the good news and nevermind of any bad news like he is waterproff to any bad news on geopolitical and also economy topic.
and have 2gap to be filled around 21000 and 20850
short at 21470
target 21000 in 2 step
with 2 opening position ,and will close the first position at my first target 21250
Stop loss 21660
RR 1/2.5
Japan225 - Bearish Trend Scenario 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 dojis/shooting stars indicating that the pending correction is coming very soon. Potential targets for retracements is the fib 50% and 61.8% level which is also in confluence with a structured weekly support. if this analysis play out we can see big strength in jpy pairs, I can see gbp/jpy hitting 130 and usd/jpy hitting 106 in the coming days/weeks.
FTSE100 - POSSIBLE INVERSE HEAD AND SHOULDER PATTERN WEEKLYToday, Bank of England governor Mark Carney said a rate cut is needed after the Brexit vote and hinted that it could come as soon as this summer! This news got the FTSE and the DAX flying up to nearly 300 points. Also, the Feds stated this week that they may cut rates this summer as well, possibly even this month (July) so that is really great news for global indices. However, with the political uncertainty in Europe and UK, it wont be a sure bet! I believe the UK and European stocks will suffer later this year due to Brexit after shocks. I still expect more downside for FTSE100 and pound in particular but after today's news I think the markets will rally up first, ftse back near its all time high around 7100.
On the Weekly chart, I have identified a possible inverse head and shoulder pattern that has already broken the neckline today. We have the 200 MA support around 6460 and also our neckline support around 6400. In this case, our entry would be around 6460-6500 with stop loss below 6370 with a potential target of 7100.