09:36- pennat br up 5m RS up L3 to Range top09:36- pennat br up 5m RS up L3 to Range top wee LONG SCAL day trade JP225 sync MN UP PWBB W down DAY 4h pwbb up 15m pennant br up RS L3Longby backfrominthefuture0
09:36- pennat br up 5m RS up L3 to Range top09:36- pennat br up 5m RS up L3 to Range top wee LONG SCAL day trade JP225 sync MN UP PWBB W down DAY 4h pwbb up 15m pennant br up RS L3Longby backfrominthefuture0
Japan vs US economicsTrying to understand the economics background of the recently JPY carry trade reversal. Understanding the JPY/USD exchange rate by comparing Japan and US in terms of their * stock index * currency interest rate * central bank balance sheet.by shichuzhu110
NIKKEI to extend gains, temporarily or not.NIKKEI dropped 12% yesterday only to recover 10% today. It seems that the Japanese bull showed some teeth at the lows yesterday and they are ready for a counter attack. I see an important resistance at 37,250, while a drop below the psychological support of 33,000 would like cause an extension of losses. BUY at market (33, 750) SL at 33,000 (750 points) TP at 37,000 (3,250 points) Longby dscharalampidisUpdated 5
Nikkei 225 Downtrend Line Breakout At 36723.32 JPY 15.08.2024Apply risk management Risk Warning: Trading in CFDs is highly speculative and carries a high level of risk. It is possible to lose all of your invested capital. These products may not be suitable for everyone, and you should ensure that you fully understand the risks taking into consideration your investment objectives, level of experience, personal circumstances as well as personal resources. Speculate only with funds that you can afford to lose. Seek independent advice if necessary. Please refer to our Risk Disclosure. BDSwiss is a trading name of BDS Markets and BDS Ltd. BDS Markets is a company incorporated under the laws of the Republic of Mauritius and is authorized and regulated by the Financial Services Commission of Mauritius ( FSC ) under license number C116016172, address: 6th Floor, Tower 1, Nexteracom Building 72201 Ebene. BDS Ltd is authorized and regulated by the Financial Services Authority Seychelles (FSA) under license number SD047, address: Suite 3, Global Village, Jivan’s Complex, Mont Fleuri, Mahe, Seychelles. Payment transactions are managed by BDS Markets (Registration number: 143350) DisclaimerLongby Stuart_Cowell0
Short Nikkei I actually thought Nikkei was making a low after the last dump and bought quite close to the low, but although we're up since then we have action more consistent with a correction than a reversal off the lows. If this is just a bear market rally, then we're likely to see the top here around the 76 fib. Shortby holeyprofit1
What Rate Hikes? It's a MessNikkei - GDP growth metrics are expected to grow JPY - BOJ'S UCHIDA: WE MUST MAINTAIN CURRENT DEGREE OF MONETARY EASING FOR THE TIME BEING - OJ'S UCHIDA: SEE NO BIG CHANGE TO JAPAN, U.S., ECONOMIC FUNDAMENTALS SO MARKET REACTION TO SINGLE U.S. DATA APPEARS TOO BIG - JPY is overbought in the short-term according to CFTC Technical & Other Setup: TR(B) Setup timeframe: 4h Trigger: 1h Medium-term: Down Long-term: Down Min target: mirror level, 3R Risk: 1.31% Longby Cherry94Updated 0
Last Engulfing Top on Japan 225: Bearish Reversal AheadIn this 1-hour chart of Japan 225, a bearish **Last Engulfing Top** pattern has formed, indicating a potential reversal after a bullish run. The engulfing candle suggests that sellers are gaining control, and a short position may be considered if the price continues to decline below the engulfing candle's low. Key Points: - Pattern Identification: The Last Engulfing Top is a strong bearish signal, occurring after a notable uptrend. - Confirmation: The price is currently trading below the pattern, adding confidence to the bearish outlook. - Potential Targets:Traders may target the support levels around 35,400 - 35,336 USD, with stops placed above the engulfing pattern near 36,294 USD. Risk Management: - Monitor for any bullish reversal signals that could invalidate this setup. - Adjust stop-loss levels according to your risk tolerance and market conditions. This setup offers a clear bearish opportunity, but as always, proper risk management is crucial when trading reversal patterns. Shortby Tanakorn_Koomrampai_CMT_CFTeUpdated 110
NIKKEI Still bullish short-term.NIKKEI (NI225) has more than recovered all of last week's losses and is about to have its most important test of this rebound, the 1D MA200 (orange trend-line). The current Megaphone resembles the one in 2023, which had one last rejection just below the 0.786 Fibonacci retracement level and after it broke above the 1D MA50, before the High was tested. Our short-term Target is 39000. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇Longby TradingShot8
The Controversial Nikkei and the Yen Carry Trade (FAKE)Nikkei - From July 8 to Aug 5 - Fell 28.5% - approx 1 month From last Monday it went 20.7% - 4 times faster than it fell And the entire world was so negative the previous weekend as if this is going to be the end of the world Where are the TV Analysts who predicted a Global Catastrophe now ? Where are the Controversial Kings who predicted US Recession ? Pin drop silence across all the TV Channels. And yet, the Regulatory bodies around the world including SEBI doesn't take action on them for triggering Panic and causing Hard Losses to Innocent Retail Investors Don't judge the Book by its cover !!! Don't accept any analysis by its face value !!! Do you own research - just using Charts - you don't need anything else and you will be able to uncover even the greatest of Controversies killing the world market Longby Stocks-n-Trends2
Nikkei futures chart the potential "down first, then up" trend The index is currently in a downtrend. The latest price is 36,232.44, which represents a significant drop of about 7.34% from the recent peak. In the short term, it may continue to test support levels. Potential Support Levels: The chart marks several important Fibonacci retracement levels. The 0.5 retracement level at around 36,864.78 could serve as a crucial support. If this level breaks, the next support might be around 30,867.58 (0 retracement level). Rebound Momentum: Seasonal data shows that September and October are typically positive months, with average gains of 1.05% and 1.92% respectively. This could provide upward momentum for the index. Long-term Upside Target: The chart projects a long-term upside target at 50,208.18 (1.618 Fibonacci extension level). This suggests a bullish long-term outlook. Possible "Down First, Then Up" Path: Based on this analysis, the index might continue to decline to the support level around 36,864.78, or potentially lower. Subsequently, it could start rebounding due to seasonal factors and technical support, gradually breaking through previous highs and ultimately climbing towards the long-term target of 50,208.18. Risk Factors: It's important to note that if the index breaks below the critical support at 30,867.58, it could invalidate this "down first, then up" expectation and potentially trigger a deeper correction. In conclusion, the Nikkei 225 index is currently in a correction phase, but technical and seasonal factors suggest a possibility of declining first before rising. Traders should watch key support levels and wait for reversal signals before considering entry. Risk management is crucial, and close attention should be paid to market changes. Longby curtischangTW0
NIKKIE BUY AREA 33KBOJ intervention and Yen rally has sparked global recession.Currently we are eyeing on 33K region which is preferred buying zone respecting in Risk to Reward Ratio and trade management .We will open a buy order and wait for a pullback as fed has started a emergency meeting and rumours are spreading of earlier rate cut. If our Plan A buying on 33K Fails we will follow Plan B which is Selling on retracement again following R:R with trade management. GoodluckLongby ProWolfTrader_89Updated 2
Update Nikkei 225: Still short but changed upper trendlineThis is an update from my previous idea. There are a couple of concepts in Technical analysis that I want to share, but let's look at what's changed and what's not changed: Not Changed: 1. Still a short call. 2. The short position (SL and TP) What's changed: 1. Changed upper trendline from horizontal to slightly upward slanting. 2. Changed end point of wave 5 (could be changed again) There is one concept that I want to gel together between traditional TA and EW. Here goes: 1. In traditional TA, if we assume that we have an ascending triangle, the strength of a breakout (upwards) weakens as price nears the apex of the triangle. In fact, a breakdown becomes more likely and will be fiercer if the ascending triangle fails. 2. In EW, as we have seen here, if this is an ending diagonal, the next move will be a sharp down move. The above 2 points, if we merge them together, became a failed ascending triangle and confirmed an "ending diagonal". Given that both results in sharp decline, we have a convergence of idea for the next move: a sharp downwards move in price.Shortby yuchaosng111
The Power of Trap Plays: Understanding Liquidity Warnings█ INTRODUCTION In the world of trading and investing, understanding market dynamics is crucial for success. One of the key concepts that often go unnoticed, yet plays a significant role in shaping market behavior, is the "trap play." Trap plays are strategic moves by large market participants designed to exploit or manipulate liquidity, creating opportunities for informed traders while serving as warnings for those who are less vigilant. In this article, we explore why trap plays are good liquidity warnings and how they can be used to navigate the complexities of the financial markets. █ WHAT ARE TRAP PLAYS? Trap plays are deceptive market maneuvers where large players, often institutions or experienced traders, create a false sense of market direction to entice retail traders or smaller players into making decisions that ultimately lead to losses. These plays can manifest in various forms, such as false breakouts, sudden reversals, or unexpected price spikes, all aimed at manipulating the supply and demand dynamics of a particular asset. For example, a false breakout occurs when the price of an asset appears to break through a significant support or resistance level, leading traders to believe that a strong trend is about to emerge. However, once these traders enter positions based on this perceived breakout, the price reverses, trapping them in losing positions. █ TRADING TRAP PLAYS While trap plays are often viewed negatively, they can be valuable tools for astute traders who recognize them as liquidity warnings. By understanding the mechanics of trap plays, traders can: ◆ Avoid Being Trapped: By staying vigilant and not rushing into trades based on apparent breakouts or breakdowns, traders can avoid falling victim to traps set by larger players. This caution is particularly important during periods of low liquidity or heightened market volatility. ◆ Identify Reversal Opportunities: Savvy traders can use trap plays to their advantage by recognizing when a false breakout or other trap play is likely to reverse. This insight allows them to position themselves on the right side of the trade, capitalizing on the missteps of others. ◆ Gauge Market Sentiment: Trap plays can also provide insights into market sentiment and the intentions of large players. By observing how these plays unfold, traders can gain a better understanding of the underlying liquidity conditions and adjust their strategies accordingly. █ CONCLUSION Trap plays are more than just deceptive tactics used by large market participants; they are also important liquidity warnings that can provide valuable insights into the state of the market. By recognizing and understanding these plays, traders can protect themselves from potential losses and even use these situations to their advantage. In the fast-paced and often unpredictable world of trading, staying aware of liquidity conditions and the potential for trap plays is essential for long-term success.JEducationby CGE_Trading3
Nikkei 225: Short on A-B-C wave with C wave an "ending diagonal"I believe that the recent rebound of Nikkei 225 forms as A-B-C wave 4 where C wave is potentially an "ending diagonal". If that turns out to be the case, then the breakdown from the bottom trendline will be a sharp fall. Alternate Count: The alternate count to take note is that the 1-2-3 will become A-B-C and A wave becomes wave 1. As for the expected wave C, it will then be an "ascending triangle".Shortby yuchaosng1
JPN225 Nice RecoveryLooking for a potential squeeze to the upside across US and Japanese Indices Markets. Perceive the market in ranges of price with psychological hurdles at every quarter and whole number. Once you see the market in a transactional manner the movements become a lot more obvious. Then your focal will become identifying mid to low term TF Entries around these psychological levels. Feel free to drop your comments below! :) As always happy trading safe trading. TKT- Adamj_tradesLongby iNtuNeFXMarkets4
NIKKETHThe Nikkei/USD Futures appear to be in a downtrend over the recent period, with a sharp decline visible towards the end of the chart. This could suggest a short-term bearish outlook. However, markets often experience rebounds after sharp drops. Trading idea: Look for a potential short-term bounce: The steep decline might lead to an oversold condition, presenting an opportunity for a quick long trade. Entry point: Wait for signs of price stabilization or a small upward movement to confirm the bounce. Set a tight stop-loss: Place it just below the recent low to limit potential losses if the downtrend continues. Take profit target: Aim for a modest gain, perhaps around the midpoint of the recent sharp decline. Risk management: Keep position size small due to the current high volatility. Watch for correlations: Monitor the relationship between the Nikkei and the cryptocurrency asset (orange line) for potential predictive signals or divergences. Be aware of upcoming economic events or news that could impact Japanese markets or USD strength.by blaggers221
JPN225 SHORTdaily lower high daily 618 retracement 4hr shift of structure 4hr trendline break 4hr retest 50 ema Shortby madeinkgn0
Nikkei - Yen Carry Trade - Real or Cheap Politics ???2nd Week of August felt like we are in midst of Peak Autumn Season - Wherever we turn - Every Tree is turned Fully Red. The Entire World market was brought down to its Knees, given the "EXCUSE" of Japan's Yen Carry Trade assets.bwbx.io Yen carry trade is estimated to be around $20 trillion, according to Deutsche Bank, which is 505% of Japan’s GDP. Other estimates, based on foreign lending data, suggest it is about $1 trillion, while Japanese investors’ net international investment has grown to $3.4 trillion. All these stories are fine - but it was presented to the world by the Cheap Media houses. Multiple news were mixed up (Yen Carry Trade + US Recession + Iran War Escalation). It was being reported that the entire world economy will dive into Recession, Indian Economy would face a Major Correction with some "Brilliant Minds" predicted that Nifty would crash to 11,000 in next 2 years ? Really ??? Even common-sense says these are Non-Sense Here is a Detailed R&D with Step-by-Step explanations unveiling the Evil intentions of Big Players, Media Houses who wanted to take quick advantage of the News to bring the prices down in a Flash Comparison of Nikkei's Weekly Chart vs Daily Chart 1. Nikkei had a clean Cup and Handle Breakout around 33,820 levels in Jan 2024 following which the price blasted nearly 22% in 2 months 2. The Price then faced Multi-year Parallel Channel Resistance on Mar 18th week and started falling and bounced again taking support of Fib 0.5 only - Typically when Fib levels are NOT combined along with previous Support and Resistance - they are susceptible to be broken down again if there is a News based fall 3. By Jul 8, Nikkei tested the price levels of Mar 18 and fell - initiating a Double Top pattern with neckline set at 36,670 and the price was falling Non-stop from July 8 already.... 4. Now comes the News from BOJ on Wednesday Jul 31 that the rates are increased by 0.25%. As I always say, ANY NEWS has the Power to Break one or more Supports (or) Resistances. In this case, the Negative publicity by Big Media caused a -5% fall on Aug 1st (Thu) resulting in Breakdown of Double Top Neckline Key Point to remember is that the Fall was Pre-destined in Mar 18 and then on July 8 technically. The Negative News "JUST" Added "Fuel-to-the-Fire" setting ablaze the entire world market in a flash If there was NO News - still the Breakdown could have happened and if it happened, then the price would slowly come down to the Cup and Handle Breakout zone of 33,820. But the Overhype given my Media + US Recession (another Fictitious Horror Story) + Iran War escalation fears caused the price to Breakdown the 33,820 support level As per Double Top pattern, the price would reach the same place from where it Started the "M" pattern and voila - it came exactly to the same level of 30,404 on Aug 5th reaching a Intra-day low of -12.65%. Despite breaking 3 Support levels on Monday, the price took the next Support and bounced back "Same Day" above 2 of the Supports Remember - Neither BOJ Governor nor Japanese PM/FM did anything to Stop / Reverse the price action on Monday. The calming news from BOJ Deputy Governor that there will be NO further rate hikes came out on Wednesday. But by that time, the price regained above all 3 supports which was broken (reaching above the Cup and Handle BO ZONE) For those who don't believe Technicals didn't save the game - tell me your Story. What caused the reversal from 30,400 zone ? Entire world is driven by Technicals and NEWS can ONLY cause a temporary direction change By Monday - Japanese economy had already touched -30% down in 30 days since Jul 8. Its impossible for a country's economy to crash so fast and still fall below. it would be a Catastrophe and even the Big Players who wanted quick gains know this, but they just wanted to Play a "Cheap Game" capitalizing on the Panic sentiments of Innocent Retailers Understand the True working of Market - Stay Confident - Build your Wealth. Disclaimer: 3+ Years Teaching Experience in Stock Market - Technical Analysis, Behaviour Analysis, Advanced Patterns, Emotional Management, News based Trading... We are NOT SEBI Registered and Our focus is NOT providing Buy/Sell Recommendations/calls. Primary Objective is to provide detailed analysis of how to review a chart, explain multi-timeframe views purely for Educational Purposes. We strongly suggest our followers to "Learn to Ride the Tide irrespective of its Side" *** Important *** Consult your Financial Advisors before taking any positions If you like our detailed analysis, please do rate us with your Likes, Boost and share your comments -Team Stocks-n-Trends Longby Stocks-n-Trends5
Nikkei 225 (JP225) buy tradeHere’s a bullish technical analysis for the Nikkei 225 (JP225) on the 4-hour (H4) chart: Trend Analysis: The Nikkei 225 is currently showing signs of a potential bullish reversal. The price is moving within a rising trend channel, indicating increasing optimism among investors1. Support and Resistance Levels: Support: The key support level is around 30,423, which aligns with the recent low2. Resistance: The first resistance level to watch is at 34,359.50, which is the recent high2. Chart Patterns: The index has formed a bullish flag pattern, suggesting a continuation of the upward trend. This pattern is typically a sign of consolidation before a breakout1. Indicators: Relative Strength Index (RSI): The RSI is moving upwards, indicating increasing buying pressure. Moving Averages (MA): The price is above the 50-period MA, which is a bullish signal. MACD: The MACD line is above the signal line, suggesting bullish momentum. Volume: Increasing trading volume on upward moves supports the bullish outlook, indicating strong buying interest. Summary: If the price holds above the support level at 30,423 and breaks through the resistance at 34,359.50, we could see a continuation of the bullish trend. Traders might look for long opportunities with potential targets around 36,000 and higher.Longby Mansa_Musa_Capital4
Is the Japanese Stock Market Stable Today?Is the Japanese Stock Market Stable Today? On July 11, the Nikkei 225 index (Japan 225 on FXOpen) started to decline. Notably, on July 15, we observed bearish activity around the 41330 level. Interestingly, US stock indices also began to fall on July 11. However, the Japanese stock market saw a more dramatic drop, exceeding 25% by the August 5 low. Has the Japanese stock market continued to fall? No. After a alarming Monday on August 5, the price has been recovering. It closed higher on Tuesday and Wednesday, with bullish signs observed today, Thursday. Analyzing the Nikkei 225 (Japan 225 on FXOpen) chart on Monday, we noted that: → The price dropped to a support block between 30,400 and the psychological level of 30k. → A strong bounce from this block could indicate activated demand (a sign of an emotional selling climax in Wyckoff's terminology). We then suggested that this support block would hold, and the Japanese stock market might enter a consolidation phase to establish a new balance of supply and demand. Today, the technical analysis of the Nikkei 225 (Japan 225 on FXOpen) chart shows: → The price has risen from the support block around 30,400 and is currently near 35,000. → Notably, the price found support at the lower boundary of the linear regression channel, indicating deviations from average values (shown in light purple). The lower boundary acted as support. → The price is below 38,000, where previous supports, including the lower boundary of a significant ascending channel (shown with blue lines), were breached. These are now expected to act as resistance. Thus, after an extremely volatile Monday, the market may continue to develop a consolidation phase with decreasing amplitude, within the range of 30k to 38k. This phase will help establish a clearer consensus on the fair valuation of the Japanese stock market, considering the Bank of Japan's rate hike last week and the risks of a US recession. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.by FXOpen337
New York / Asia Session Recap - NAS100, NZDUSD, GBPNZD, JP225Took 1 trade on NAS in New York Session Took 3 trades in Asia Session13:24by nohypetrader3
JAPAN 225 WAITING FOR A RETESTlooking to buy on retest on 1h tf on this index. the 4h rsi showed a bounce from its 100 sma and a strong move to the upside in price. going to the stf 1h im waiting for a retest for a buy.Longby Junmadayag3