Nikkei 225 JPN225 CFD
NIKKEI225 going longTVC:NI225 is in a descending channel, but in a bigger timeframe it looks like a bullish flag to me. Besides that, it hit key Fibonacci levels rebounded from there. I am bullish until above 30000.
The fundamentals are still bullish for me as the opening-up party just begun. However expect wild swings, as the speculators tried to "price-in" the opening up with leveraged positions, so both long and short squeezes are ahead of us, so try this idea with small positions.
East vs. West; The Nikkei will obliterate the Dow!!... 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 take, especially if one finds oneself being forced to stay long equities - for some inexplicable reasons.
The Weekly;
VDJP Daily - Another bullish set up in the makingThere is a large confirmed bullish inverse H&S (see prior charts) - and I was buying the dips around the 26.00 level into my ISAs and SIPPs. We have seen healthy consolidation over the past month and the etf now appears to be in the process of building a bull flag. This will be confirmed with a daily close above 26.70 and has a full target of 28.00. Given the already very bullish set-up, I will continue to keep adding to my position in anticipation of a further break higher. I will be rotating some of my funds out of UKX (which today successfully reached my full target) - as I believe VDJP offers better RR levels.
nikke 225the leading index of japan is rising from the last bottom its looking for anew high after last pullback macd is positive on daily and 4H frame which is encourage me to take more long position spically when i keep in my mind the inflation effect right now these days on most of the market .
take this on your own responsibility
NIKKEI a bearish long-term signalNot the most of encouraging formations for Nikkei as not only is the price struggling to break the 12-year Higher Highs trend-line (light blue zone) and has been consolidating on the 1W time-frame, but the 1W RSI is on its Resistance level too while the MACD printed a Bearish Cross.
Similar occurrences in the past have caused the index to pull-back to the 1W MA50 (blue trend-line) once and the 1W MA200 (orange trend-line) twice.
What about this time?
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nikke 225when the index get out of correction area by crossing 29750 and with the strong data for asian markets yesterday that give high potential for assets to continue rising ,
most of inditcator start reform a buy confirmation
if u want to conservative about it wait untill the next boost done and get leverage on this one .
about me am not willing to use stop loss here but the break of 29400-29200 and the daily close under it will be bad sign
spiccally if you trade with a leverage.
please check the draw and take this on your own responsibility and check my last analysis to get to know more
Nikkei Stock Index (On The Slide!) View On Nikkei Stock Index (5 Mar 2021)
We have some strong swing down now 29,000 & 30K are good resistant regions.
It may carry higher risk but it is better to stay on the SELL side only.
27,600 will be a good support.
DYODD, all the best and read the disclaimer too.
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Thank You!
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US30/Nikkei225 - (Continuation) SHORT; SELL it until ...... 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.
This is likley to run out of steam soon, ...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;
Weekly Market recap 16: Preparing for the next leap. Global view: What's happening?
While global coronavirus cases rise to 100 million, the risk assets keep rising as well! DXY remains relatively neutral, as it's range-bound between ~90.75 local resistance area and ~88.75 long-term support. I'd confidently consider trades in USD related pairs once DXY breaks either of the range borders. For now, it's better to abstain from USD trend continuation setups.
Meanwhile, major stock indices form trend continuation patterns. The consolidation period in the global markets is the best time for the quality trend setups in the relatively strong indices.
Betting on the strongest
I picked three strongest indices at the moment: US100, JP225USD and HK33HKD.
You can see that the American tech index has already recovered from the pullback and makes new highs, while the leading Asian indices are consolidating. Nikkei has been in momentum since it's come out from the 30-year range. Chinese economy looks best during the pandemic compared to the rest of the world. Initially, China A50 index, which represents China Mainland companies was relatively stronger than the Hang Seng index as the political situation in Hong Kong affected the latter one.
Now, investors see the discount that appeared in Hong Kong stocks priced higher in Mainland exchanges, which motivates big flows of investments back to Hong Kong. It resulted in the short-term relative strength of Hang Seng compared to China A50.
Trading tactics for buying Indices
1. The strategy in Asian indices is simple - buy the breakout the market closes above the recent consolidations (HK33HKD - above 30000; JP225USD - above 29000).
2. Although the best entry in US100 could be the breakout of 13200, I guess it still makes sense buying it intraday for a short-term momentum gain.
Conclusion
There is not much going on in FX market right now as USD keeps being bound in the range, meanwhile the major stock indices present trend continuation opportunities.