Day 2 - NIKKEI Short

Nikkei 225 index of Japanese listed sharesFXCM

Description

⋅ Nov 24, 2015 5:42 PM

Updated version of Chart Day 1 - NIKKEI
Short at 19856, stop at 20000, target 18955 (new mode project)
Many thanks to TimWest tradingview.com/u/timwest/

Trade closed: target reached

⋅ Dec 21, 2015 7:36 PM

Comments

moorekapital

⋅ Nov 24, 2015 7:27 PM

Beautiful lady! Beautiful charting methodology! ^_^

ElizaBay

⋅ Nov 24, 2015 6:45 PM

I have labelled the higher mode as NEW MODE. See if you agree with it. (Up to today's bar of course.)

IvanLabrie

⋅ Nov 24, 2015 7:07 PM

If there is no new 11 bar mode higher, there is no new mode per se.

timwest

⋅ Nov 24, 2015 6:21 PM

If it is under the highest low, watch out below....

timwest

⋅ Nov 24, 2015 6:22 PM

And if you see "range expansion down" then get aggressively short

ElizaBay

⋅ Nov 24, 2015 6:46 PM

You mean the new mode under the highest low?

ElizaBay

⋅ Nov 24, 2015 6:47 PM

You mean the new mode under the highest low?

IvanLabrie

⋅ Nov 24, 2015 5:58 PM

Great Eliza, well done. Now, wonder if we will get a new mode higher as we discussed.

ElizaBay

⋅ Nov 24, 2015 6:45 PM

I have labelled the higher mode as NEW MODE. See if you agree with it. (Up to today's bar of course.)