LEONES
Long

NIKKEI 225 (2000-2015)

CME:NY2!   NIKKEI 225 FUTURES
208 17 3
Monthly chart showing where we are. Just recovered the 2008 losses. 20000 on the horizon?
snapshot

I agree Nikkei 225 go higher
but I need clear break out
Reply
HappyKing HappyKing
TM is Biggest stock of japan.
Reply
LEONES PRO HappyKing
interesting thank you. ready to press the 'buy' button after taht high is taken out
Reply
LEONES PRO HappyKing
toyota!
Reply
Yes I want to see toyota, break out up side, before long NIKKEI 225
Reply
LEONES PRO HappyKing
it think is a good idea
Reply
2use HappyKing
When is toyota reporting? Dont forget dollar plays a role, should it slump it takes nikkei with it
Reply
dollar on the way up for me, just bull flagging
Reply
it just broke higher. Nice call.
Reply
LEONES PRO MichaelLeeb1
yes great thanks
Reply
I think it might be due for a pull back? In last five days, whilst usdjpy traded in a range, nikkei broke higher... Too fast too furious...Whilst Japan inc just pulled out of a recession, it is still on weak ground. What are your thoughts? Are you an abenomics fan?
Reply
LEONES PRO MichaelLeeb1
Hi Michael, yes I think a pullback at this point is possible. I made my profits on the long side and I'll wait to re-enter long. Yen didn't move much recently, I agree, but I think it will. Dollar strength continues. do you trade currencies?
Reply
I have also booked some of my profits in long Nikkei. But was parttly a regret trade as I had cut some longs at 17800. Didn't think Nikkei could take those out. Looks like I am seriously wrong now then Nikkei has roared past 18500. I trade currencies as well. But most of my profits are from trading the index now.
Reply
2use LEONES
But you think dollar wont have a pullback?
Reply
dollar index chart (daily) is potentially a bull flag for me
Reply
2use LEONES
I see Nikkei strongly tied to it, so i'm not sure why you would have a discrepancy between them - especially on a strong indication of a bull flag. I usually give some room for foul play, so i assume a pullback may happen for DXY to flush out some and give a breather (as many things may also need to cool down, nikkei included). But i seen Yen break a bear flag as well, so im watching both closely
Reply
Dollar index and Nikkei are both in bull trend for me, yes I agree they are correlated, minor pullbacks always possible but the bull trend is intact and strong. Yen is interesting as well to short soon
Reply
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out