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Japan 225

Best Times To Play The Markets, Swing Trader Perspective.Here we have a chart of Nikkei 225 index on a 3 day chart. Nothing is more powerful than identifying potential trend reversals, notice that I said "potential". Nothing is guaranteed when it comes to trading, you will never be 100% winning in the markets. The only edge that you have when it comes to trading is identifying trend accumulation, distribution and risk management following an overall trend. If you apply S&R to a 5 min chart vs 1 week chart, which ones levels do you think will play a more valid role in the markets? The weekly will 100%! You better be a trained professional and have a good track record of experience if you think you're just going to show up to work everyday and try to scalp every single little move sitting in front of the monitor 24/7. I personally 100% believe the big picture is where it all counts. I believe the proper way to trade the markets is to use it as an investment vehicle to work for you over time. This is why on most of my charts you will see I'm a fan favorite of the daily chart and up. These timeframes are critical to identifying the major trends in the markets. You will be chasing your tail more than anything in a 5 minute timeframe and most likely realize why trading has such a high failure rate. Let the trade come to you! If you can learn how to manage risk and not let a bad trade get away from you, then you are already one major step ahead of the pack of failing retail traders. You see... this understanding to cut loss quick is more important than anything you will ever learn from the markets. The mentality of most retail traders is the famous "I want to get rich fast" mentality. When a trade goes against them, most have a tendency to hold onto that position with hope's to recover... this is how most blow their accounts. A lot of traders with this mentality tend to think they need to borrow money that they don't have from their broker, as if having more working capital will get them richer faster. If you can't trade with $25 in your account, chances are you probably don't need to use $25,000 to trade with. Most traders learn to become impatient with the market and use the lowest of timeframes where most of the noise in the markets occurs. Are their success stories of traders that made it as daytraders? ABSOLUTELY! I'm sure they went through years of training and learned to correct their failures. You can't let the markets beat you up if it goes against you and call it quits. You have to stay consistent and let every failure become a valuable learning lesson. It's going to take time, this is one of the hardest jobs on the planet if you choose to make it hard. ---------- So what do I look for? Like I said above I focus on trend trading from a technical analysis stand point. Observe the candles on the chart above. Green is buy pressure and red is sell pressure. Big bricks stronger pressure and compression doji bricks are weakened pressure. My goal at the end of the day is to look for the trend transitions at points of exhaustion. Notice how at the bottom of the crash the bricks began to compress to form a doji that shifted green, That's my transition. Look below and see the ema dots then also shot green and the custom rsi left oversold territory. That is your opportunity. You will manage your risk at these turning points. If you take a small hit and get stopped out, oh well. You managed risk and didnt let a trade get away from you. You can't control the market, you can only walk with it and not let your ego get in the way of trading. Now you see that we have tight compression forming up top of this major trend reversal from the bottom. Ema dots going red and the custom rsi is shifting down from overbought territory. These are the ideal times I look to trade. If I drop down to a daily I see that we have a valid Resistance level as price rejects off of it based off previous level. Will this Resistance hold strong to selloff? Who knows! The market makers will create the next move, not you. You have to play both sides when the time occurs. That Resistance is my edge. Price goes up and price goes down. In order for the price to go up or to go down it needs to transition in a sideways manner to accumulate or distribute in any market. My best chance of trading is finding these major potential reversal points, especially ones like this with such a tight compression and managing my risk. I will risk a small amount on a stop and diversify my portfolio. The market will not trend sideways and flatline forever. All you need to do is find these trend reversals, manage tight risk in anticipation to capture the next major trend. *This material is for educational purposes only
TVC:NI225Education
by UnknownUnicorn2319099
4
Bitcoin Pops Above $9,400 as Stocks Make Gains“Bitcoin might be waking up,” said Rupert Douglas, head of institutional sales at London-based crypto brokerage Koine. “A close above $9,600 would be a strong sign.” Gains in the equity markets appear to have been the catalyst for bitcoin’s positive trading day. “Bitcoin seems pretty correlated to equities at the moment,” Koine’s Douglas told CoinDesk. “The test will be whether BTC can hold up if equities sell off.”
COINBASE:BTCUSDLong
by danielcawrey
Stocks Make Gains While Bitcoin Sticks to $9,200“In recent trading sessions, bitcoin traded in a narrow range of $9,100-$9,200,” said Constantin Kogan, partner at cryptocurrency fund BitBull Capital. “After a short-term bullish impulse, the asset managed to peak at $9,300, followed by a downward correction.” Over the past few days, bitcoin has approached $9,320, only to see the price drop, Kogan noted. “The first resistance for bitcoin is at $9,320, the next important zone, the passage of which will give strength to the bulls at $9,400.”
COINBASE:BTCUSD
by danielcawrey
Japan's NIKKEI225Nothing too surprising here, crash, flag off the lows. It, too, like some of the other indices, looks ready to roll over. It's out of that flag and is presently pressed hard into a coil. To interpret that as a move up would require us to believe that it can break the multi-decade trend line above it (red). I find that to be incredible, frankly, largely because of the fundamentals right now, and the long-term technical picture. Long-term chart looks like the last thirty years has been a huge zig zag correction pattern. I see nothing bullish about this until we get back to the bottom again and there is really just no room up right now. That's a doozy of a move. And shelve this for anyone who thinks endless central bank balance sheet expansion will turn out well.
TVC:NI225Short
by CHTradingGroup
1
When Stocks Go Down, So Does BitcoinBearish sentiment is affecting all markets today as investors appear to be de-risking, selling liquid assets for the safety of instruments like cash, said Neil Van Huis, director of institutional trading at cryptocurrency liquidity provider Blockfills. “Looks a little risk-offish on all risk assets across the board,” Indeed, major stock indices are all in the red Wednesday. In Asia, the Nikkei 225 of publicly traded companies ended the day flat, down 0.07%. Concern about increased coronavirus infection rates in Japan led to some selling pressure. In Europe, the FTSE 100 index dropped 3.1% Wednesday. The prospect of U.S. tariffs on U.K., French, Spanish and German goods dragged the index lower. The U.S. S&P 500 stock index lost 2.6%. The round of stock selling has been attributed to concerns of the coronavirus pandemic’s resurgence in some states. June hasn’t exactly been a winner for bitcoin so far, but it’s not like stocks were hot either.
TVC:SPX
by danielcawrey
Land of the Rising SunIt is normal that we tend to look at our neighbours garden and think how pretty the lawn is and the neat rows of flowers they have. Sometimes, we over focus on outside of our own markets and neglect what's nearer to us. In this case, we made the assumption that just because US is a big market, we should give it more attention and in doing so, we blind ourselves to the opportunities that are nearer to us. Japan has moved way ahead of the US markets as evidenced on the charts. The amount of economic stimulus that Prime Minister Abe is injecting into Japan is simply staggering. Read article here It has breaks out of the resistance level at 20,603 and is moving higher towards 24,000 mark. Wait for pullback, goto smaller time frame for better price entry. Now, there might be little or no co-relation between Nikkei 225 and DJIA but can we say, both countries are injecting trillions of dollars into their economies ? US may be affected in the short term due to the HK saga with China and the President may have something on his sleeves that nobody knows. I am of the opinion that bringing the market down is not to his favour in view of the upcoming election. Let's see how this week the market performs.
TVC:NI225Long
by dchua1969