Nikkei: Appears to have bottomed for now

FX:JPN225   Nikkei 225 index of Japanese listed shares
2 months ago
We can enter longs here (or in AUDJPY             , like I reccomended to my clients), risking a small drop below low volume support). Risking 0.5% potential upside makes this trade worth it.
The weight of evidence suggests the BOJ will help us make some decent progress on this position soon.


Ivan Labrie.
2 months ago
Comment: It went a bit lower than expected before the close. The US session makes me think we'll get a nice long above today's high, with stop under today's low.
2 months ago
Trade closed: stop reached: We have to wait for oil to stabilize, then take a new daily high as the entry.
2 months ago
Comment: Shame we didn't retry this one.
2 months ago
Comment: We're at the target zone here, but it can go way higher if we break above this range.
If you're interested in joining my trading newsletter or private lessons, message me. I trade Forex, Equities and Commodities. Contact: skype @ ivanlabrie, PM here or QQ (2954487803).
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