Japan 225
Nikkei 225 Bearish DivergenceThe resistance levels which is marked on the 4H chart can be a good entry for a short trade. We have bearish divergence formed by MACD and RSI. Place a pending order below 16770 and stop above 16950. Profit target is Moving Average 100. On the daily chart price is near up Bollinger Band and it can be an additional confirmation for possible down movement.
6) The Japanese market will help timing the collapse (US+EU)August 15, 2016
Hello folks ! So almost everything is written on the chart. Don't take it for granted, as I do not possess a crystal ball. However, one thing is clear: prices that are displayed vary across brokers' platform(s) for a battery of reasons (Futures, Market Makers, Bid/Ask spread or average price etc.)
There is one thing to take back home though: 50% and mean reversion has always been one of the keys.
The signal is clear here: 17500 is the target and short should be triggered. It also acted as a strong resistance many many years ago :)
Japan is testing a strong daily support zonePrevious trend line (should act as support) and 3 MA lines will try to support $EWJ breakout attempt
If that breakout is real EWJ should bounce from here higher
If it'll close below the 200 days MA line - BOOM! Crash and burn..
Tomer, The MarketZone
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Nikkei 225 Moving Higher!Nikkei 225 index has been in a correction and is not moving higher to test the upper trendline.. If broken above it could go higher toward 20000 levels or probably move down and correct further.. Expect current rally to carry further till 17600 levels for the time being. Details are on the chart.
Happy Trading!!
Siraj Hudda, CFTe
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SELL USDJPY Targeting 100From a technical perspective the USDJPY put in a bearish engulfing pattern on 7/21, which coincided with the channel trend line and major resistance area of 105.5-106.5. Now today we put in a 4 hour bearish pin bar retesting that same area. The retail crowd has also been adding to their longs recently, which now sits 59% long. Just more evidence that we're setting up for a sell off. I'm short with a stop loss above 106.550 and targeting 100.
USDJPY: Trying to catch the exact topDear traders, we have a few 'Time at mode' signals on chart, obtained from the daily and 8h chart.
The potential time and/or price targets on chart, are levels (and dates) where USDJPY might top, and resume the longer term downtrend it's currently embarked on, which is being retraced as we speak, as a result of news of potential fiscal stimulus by the BOJ, which was rumoured to triple the estimated size announced recently, today.
The chart tells me we will see an euphoric top in it very soon, and I will look into shorting as soon as we break a daily bar's low, forcefully. I'll update the chart as the setup pans out (or not), detailing when to take a position, and with which stop loss and target. No one should miss this trade, once it's confirmed, that is.
Check out my updated track record here: pastebin.com
If interested in my real time whatsapp alerts and swing trading newsletter, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my private trading signals list for a year.
Cheers!
Ivan Labrie
Link to Tim West's chatroom: www.tradingview.com
We discuss setups like this often there. Feel free to stop by and subscribe to his indicator pack. If you have any questions ask.
Risk disclaimer: My analysis is provided as general market commentary and does not constitute investment advice. I will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
Nikkei: Potential for downtrend continuation against resistanceDear trader, I'm short the Nikkei here, speculating on this being the top of the recent 'helicopter money' induced rally.
The Nikkei hit a long term downtrend mode from below, and is now sitting at this level. Would be interesting to see if price proves us right and gives reasons to add to shorts, to join the impending downtrend.
I'm also in a few *JPY shorts, associated to this setup here. I'll post a trade weighted Yen index as well, see related ideas.
Check out my updated track record here: pastebin.com
If interested in my real time whatsapp alerts and swing trading newsletter, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my private trading signals list for a year.
Cheers!
Ivan Labrie
Link to Tim West's chatroom: www.tradingview.com
We discuss setups like this often there. Feel free to stop by and subscribe to his indicator pack. If you have any questions ask.
Risk disclaimer: My analysis is provided as general market commentary and does not constitute investment advice. I will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
JPYUSD: The yen rally continuesAfter Bernanke visited Japan, and whispered into Kuroda's ear, the market reacted with a strong decline in the Yen, accompanied by a broad risk on rally that absorbed the Brexit losses. It's possible that this rally has topped, with all or most bears forced to cover their shorts, collaborating with the momentum run.
If you are a 'Key Hidden Levels' subscriber, one look at the RgMov indicator here will tell you what the main trend is, and when to enter long to rejoin this trend. It'll be a good idea to enter longs above today's high on Monday, with stops under today's low, or you can speculate on this new daily high, and just enter at market now. It's up to your risk aversion and discretion, just keep in mind the setup's rules involve buying the new daily high on Monday, and sacrificing a couple pips, for a lower risk entry.
Check out my updated track record here: pastebin.com
If interested in my real time whatsapp alerts and swing trading newsletter, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my private trading signals list for a year.
Cheers!
Ivan Labrie
Link to Tim West's chatroom: www.tradingview.com
We discuss setups like this often there. Feel free to stop by and subscribe to his indicator pack. If you have any questions ask.
Risk disclaimer: My analysis is provided as general market commentary and does not constitute investment advice. I will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
JPN225 NikkeiBased on what I am taught, every time RSI hits 80 and above there should be a new high after retrace. There are 3 possible peaks in this picture, the lowest has already been breached. leaving the other 2. Same case as usual if there is a MACD gold cross in the future for this chart, I will be very careful. This is a monthly chart for study purpose; not trading.
How this pans out we will have to be patient. Each candle is a month so sit back and relax.
Nikkei 225 Index bullish indicating BEARISH trend on JPY comingBounce off Key support level @14855
Bounce of 50-60 EMA
Bounce of Up-sloping Trendline
Bounce off Fib 0.5 retracement
Stock RSI Oversold
Fundamentals: BOJ preparing for massive QE (helicopter money?)
Will be ready to go long against JPY. USDJPY one of the best possible pairs to trade long.
Pokémon Go mania is not yet over yet - long Nintendo (target 45)Nintendo shares could add a further 60% from current levels if the speculative mania continues.
Augmented Reality game that allows players to interact with real-world surroundings via their smartphone with a theme built around the Pokémon brand
Released 6th June 2016 in Asia, the game has seen more users downloads than dating app Tinder, and it's popularity is reflected in Google search traffic eclipsing that of keyword searches for "p*rn"
Germany became the first European country to have access last week, with the subsequent UK launch having been delayed due to server outages following download numbers
Players across Europe and the US have been unable to access the game following overwhelming demand
As the parent company, Nintendo reportedly has a 30% stake in the development company, which was spun off from Google in 2015
Disappointing Wii sales and a switch to mobile gaming amongst casual gamers have hurt Nintendo, but with PG they now have an opportunity to reclaim this business by establishing a share of the mobile market by leveraging their globally-recognised Pokémon brand
One-third of the game’s total revenues are derived from app store downloads (rest in-game)
Making $1.6m a day from iPhone users in the US alone
Extrapolating this figure, total revenues from US iPhone users (including the in-game majority) could be worth around $5m per day. Given continued growth in popularity and new launches in other countries, a conservative estimate could approximate total revenues globally, across all mobile platforms, in excess of $10m per day ($3.7bn per year).
Having added $15bn in market cap since the 86% rally in the share price, it looks as though speculators are getting ahead of fundamentals. However, King games' 'Candy Crush Saga' raised $7bn in their IPO and demonstrated the potential for monetising spin-offs and sequels
Overseas revenues (esp. USD) are a boon for Japanese Nintendo who report earnings in Yen
Whilst I am fascinated by manias but very rarely participate (on the upside at least), I believe that active and aggressive traders could stand to profit from buying in to the parabolic move in Nintendo. With a stop towards the prior day's low, or Fibonacci retracement level in the event of a short-lived pullback on a daily interval, upside momentum remains targeting levels of 37 initially and eventually 45 if this move is to be sustained. I would not rule out a 61.8% retracement of the 2007 high (52.85) or even a return to 78.50, however the shares would be grossly overvalued and truly represent mania, presenting a tremendous short opportunity.
XAUUSD: Potential for uptrend continuation, target pendingThere is one weekly target that hasn't been hit yet, and I suspect we might hit it very soon, so I'm willing to risk taking a long position here, with 23 point downside risk.
Let's see if we can attain the weekly 'Time at mode' target before our stop loss gets hit. You can risk between 0.5 and 1% on this trade, and then look to add as it moves in profit, further confirming the thesis.
If we get stopped, we might get a new chance to long next week. I'll update the chart as we move forward.
Check out my updated track record here: pastebin.com
If interested in my real time whatsapp alerts and swing trading newsletter, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my private trading signals list for a year.
Cheers!
Ivan Labrie
Link to Tim West's chatroom: www.tradingview.com
We discuss setups like this often there. Feel free to stop by and subscribe to his indicator pack. If you have any questions ask.
Risk disclaimer: My analysis is provided as general market commentary and does not constitute investment advice. I will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
USDJPY: Critical level testedUSDJPY has hit the previous monthly uptrend mode, and is currently stuck inside this zone. It would be a colossal feat, for Yen bulls to drive the pair under this key level, so I will watch it with keen eyes during this week. I'll update the post with intraday and daily/weekly charts as needed. It would give us clues about the future of the S&P500 and Nikkei, if we see the smart money players start to accumulate long positions again.
After Monday's close, I'll add a 'Brexit key level' to the chart in an update, and will monitor price action closely from here onwards.
I labeled a monthly downtrend signal, as per the 'time at mode' method, comprised of 7 months worth, and a price target that was exceeded already. There are 2 bars left for this decline to potentially end, and send USDJPY back up to the highs, unless yen bulls are strong enough to push the pair below support. Keep your eyes wide open, this is a really significant level, and from here we might get a terrific trading opportunity once the direction is clear, wether the downtrend ends or it continues further down to the 2011 lows.
Check out my updated track record here: pastebin.com
If interested in my trading signals, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my private trading signals list for a year.
Cheers!
Ivan Labrie
Link to Tim West's chatroom: www.tradingview.com
We discuss setups like this often there. Feel free to stop by and subscribe to his indicator pack. If you have any questions ask.
Risk disclaimer: My analysis is provided as general market commentary and does not constitute investment advice. I will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance0.57% on such information.