The most obvious buy in the market is ...Nikkei
P.S. This is not to say there won't be better opportunities elsewhere. In fact, the S&P 500 could outperform the Nikkei. But this trade is extremely interesting because of its relative certainty. There are more data points on the long term scale than many other indices out there today. The more certain the risk is, the better the trade.
Nikkei 225 JPN225 CFD
NIKKEI ACCURATE DAILY TECHNICALSNIKKEI JPN 225
To open LONG positions for JPXJPY , it is required:
NIKKEI is targeting 23000 to form a double top before a large market correction. Indicators are approaching positive conditions on our system & a breakout has occurred to the upside territory to confirm trade entry but if the market trend continues to range this signal will become invalid. Market execution for entry, I will confirm signal once the conditions have been met.
JOIN THE TELEGRAM FOR EXCLUSIVE SIGNALS @ RSADVANTAGE
Profit expectations: 15-30 day trade length expected before hitting profit target I will post exit strategy when signal receives a exit signal.
Trading method: RSADVANTAGE Stage 5, accurate system manually forward tested over 3 years designed to stay out of ranging markets and only target strong trends suited for swing trading. This system is made of custom adaptive volume indicators and Oscillators that properly detect trends very early and provides exit signals at dynamic S/R zones once the trend has ended. // Average yearly pips gained is 40k per pair on D1 charts alone. I have provided a similar limited version of the system on Trading view to help traders visualize the strategy.
Nikkei testing major resistance, potential upcoming drop!Nikkei is testing major resistance at 22178 to 22360 where we can see strong fibonacci retracement and fibonacci extension along with horizontal overlap resistance. What is nice to see is that there are multiple stochastic reactions that has occurred at that level too.
Major support is at 21700 which is a strong fibonacci retracement, extension and overlap support.
Nikkei testing major support, watch for the break!Nikkei is testing major support at 21700 which is the 38% retracement and 61.8% extension along with a strong overlap support. Breaking this level could trigger a strong move down to 21353 ( 61.8% retracement , 100% extension, horizontal overlap support).
It's important to note that RSI has broken below our strong 50% support signalling that a potential bearish move is on the horizon.
Nikkei approaching major support, potential for bounceNikkei is approaching major support at 21700 (Fibonacci retracement, Fibonacci extension, horizontal overlap support, Ichimoku cloud support) and there is a potential for a bounce above this level towards 22360 resistance (Fibonacci retracement, horizontal overlap resistance).
RSI (55) sees strong support above 50% which is the level that would maintain our bullish bias.
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
JPN225 NIKKEI 2018 & beyondI just love trading the Nikkei! Its been good to me in my very short career as a trader. I present to you the Cup & Handle pattern formation. A lot of traders do not believe this is an actual thing but it does exist and it does happen albeit not as often other patterns. The first idea I ever shared about a month ago was based on the C&H pattern formation. I didn't actually trade it, my analysis was after the fact loool! I was having a "Vision is 2020 in retrospect" moment and decided to share my findings. So generally I would put my money on a C&H setup.
So what am I saying here? Long term the Nikkei is still very much Bullish. The C&H pattern has formed and completed. We are now in the retest phase of the pattern. We have seen price break out in October and November and now December has started bearish. I believe this month is the beginning of the retest of the break out level, so for the next month or two the Nikkei will be bearish. Actually my colleague managed to cash in on the first day of bearishness on Friday and is looking to ride it further down to around 21200 then start looking for the LONG trade all the way up to around 30933. After the retest we will most likely see a very fast upward move. The minimum price objective for the C&H pattern is all the way up at 30933. Thats a lot of pips!
Seeing as though I believe that 30933 is possible, I went ahead and added an even longer term target which even I feel is a stretch but even stretches are possible okay... shoot me.. the market does what it wants and it may just want what I want looool! i mean we do have a clear uptrend in play and the way the fundamentals and sentiment are setup, the Nikkei may be just be unstoppable for the next few years.
critic, refute, agree
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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