JP225 trade ideas
JPN225 - Rising Channel Into StructureA little late with the post but something we took a look at this morning was a rising channel coming into a previous level of structure resistance on the JPN225. in this video I'll walk you through the process that i went through in finding this opportunity along with ideas for entries, stops & targets.
Your Trading Coach - Akil
Return of the miracle: My forecast of the Japan bull. In 1989 Japan was known as the "Miracle" economy. Then it crashed, and it was thereafter known as the "Bubble economy" (Funny how things change). While I am becoming more and more a huge US bear, I am becoming heavily bias towards the Japan bull, along with some other Asia markets. Seeing the Japan market down over 75%, stagnate for decades and now starting to build up what might be its first new trend leg makes this a lot more attractive to me than the US markets that have been hyper parabolic over the last year ... and quite frankly, look a lot like this Japan did at the high. But we don't have to worry about that. We have the Fed - isn't it a miracle?
I'll update on this some time in the coming months. I currently have no position in Japan, but I'm very interested.
JP225 - Potential Bearish Reversal!Hello everyone, if you like the idea, do not forget to support with a like and follow.
JP225 is sitting around a strong round number 30k so we will be looking for sell setups on lower timeframes.
on M30: JP225 formed like a double top pattern but it is not ready to go yet. We want the sellers to take over by breaking below the last low.
Trigger => Waiting for a momentum candle below the gray area to sell.
Until the sell is activated, JP225 would be overall bullish and can still trade higher.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
CTS - #Nikkei225This analysis is designed to provide information that CTS believes to be accurate on the subject matter, but is shared with the understanding that the author is NOT offering individualized advice tailored to any specific portfolio or the particular needs of any individual.
The author of the analysis specifically disclaims any responsibility for any personal or other loss or risk incurred as a consequence, directly or indirectly, of the use and application of any of the contents of this analysis.
Be patient , await the breakout then go BIG in Japanif you have waited 8 long months, what is 1-2 weeks more ?
You can see that the price may be rejected once more at the bearish trend line and continue the sideway moves for a while more before we see the breakout.
OR
It could as what I like to see, a breakout followed by bullish pattern so that I can get in and go long, haha.........
Stocks - Nikkei on Last LegsIdea for Nikkei:
I'm waiting for Asia markets to drag down US markets, but why not just short Asia itself first?
- The sugar rush of QE is over, and Japan is rolling over. Expecting its bear market since Feb to resolve in a capitulation at least down to a monthly support.
- Nikkei under 100D and 9M and at critical support. (50W)
- Expect to quickly capitulate to 24k~ support levels when this floor breaks.
This is not US markets, which rises based solely on gamma, and the slowing global economy is weighing down on it. IMO, any rips here should be sold.
50W:
20M:
GLHF
- DPT