Earlier we have seen breakout from the Bullish flag Resistance from poles high and now retesting Follow the fibo levels Guide = arrows
Hello traders and investors! Today we will talk about Japanese Index NIKKEI 225 in which we see very clear bullish pattern. As you can see, NIKKEI made an A-B-C corrective decline from the highs and the main reason why we think it's a correction within uptrend is because of a triangle within wave B in the middle. We know that triangles cannot occur in wave 2, so...
Price has come down to bottom of the range activating my buy limit, I'm anticipating it will return to the top of the range with assisted volume from US markets open. I also have a stoploss below range low
... And that's without even the currency differential factored in! (... which should add an additional +8%-13% to the down-side.) This spread currently sits right at the Quarterly Pivot. As it stands, under even the most unlikely circumstances (worst case scenario) this spread, the Short DJIA / Long Nikkei225 , is a 4.5:1 R/R trade. A trade that anyone should...
Candles are closing below support, price has trended downwards. I think it can fall a bit further
NI225 JAP225 NIKKEI 225 SELL STRONG
... it can be shorted no more!! Here is the original post; Been making stupid amounts of money in this spread, ever since!3 Obviously, this still has quite a few country miles left in it (SHORT). - Then, on the top of it, factor in the currency differential and Baam! ... Probably the best (passive) index trade out there, bar none.
too. - But not before US Equities do!! (Made a lot of money on these longs until now and especially being Short DJIA/Nikkei225 Spread!) ... and given the currency differential, the Nikkei225 is still a helluva lot better deal than US indexes. Here is the SP500/Nikkei225 Spread Short it until it can be shorted no more! Here is the Weekly;
As Nikkei 225 keep pushing higher, it continues to extend negative divergent. Given the size of divergent, it projects pretty large drop in Nikkei. Break of current steep rising trend line should do the trick. Have a good trade everyone, T.
SHORT this spread endlessly!! Here is the Weekly The "math" bears this out, readily! NIKKEI225 has a 13%-15% advantage - including FX - over the SPX. This is by far the best Equities/Risk spread out there if one must be long equities. (... which one ought Not to want to do under any circumstance, at these levels! :-) Here is the FX component - USDJPY
Currently the best outlook of the developed markets. - As opposed to the DAX and US Equities, the former being an absolute dog, the later under a mass delusion price wise. The DAX E.g. If one must be long Equities, the proper spread would be LONG NIKKEI, CAC, SHORT Dow, DAX. This spread has an annual 8%-10% advantage, including FX differentials, over any other...
Nikkei 225 Index Target Price 24144.46
Entry Price 23654.54 Nikkei 225 Index
It was super easy to watch JP225 formed a double bottom on the 15m chart and it's going to test our current high before a pull-back Target: 23420 Sl: 23170