RiccardoAnnoni
Long

NIKKEY, just like DAX another buy only market

INDEX:NKY   Nikkei 225 Index
14 0 2
Dear traders,
we all know that BOJ just like ECB is enrolled in a QE             program.
They both will go on liquefying their markets, and that should keep the indexes going much higher that that.

Right now we have a tiny hammer that may or may not give rise to a bounce of NIKKEI.
Given the fundamental situation though, I will buy it with a tight stop loss is a daily candle closes below its tail.

I know I am bullish biased of course, but I firmly believe that action from the Central Banks is the one and only that needs to be taken into account along with my beloved technical analisys.

I am going to BUY NIKKEI at channel support. What do you think about?

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