NIKKEI225 trade ideas
More stimulus plans for Japan economyThey did it again ! Like the drug addict who got hooked to drugs, each time he took it , the next one he wants more stimulus, more drugs to satisfy himself. So , the economy works the same. With high inflation, low birth rate and the COVID pandemic, what else can the government do beside printing money? Allowing the stock market to crash is disastrous though this reset is necessary for new growth to starts.
With soaring property prices globally, how can the young ones afford to buy a unit to start a family ? Not to mention the costs of transportation, food, utilities, etc. Is wages increment matching all these inflationary costs ? I doubt so ........
Isn't what is happening in China currently with the government intervene in the costs of private tuition (read this article )
, improve housing affordability for the young people a trend that is coming strongly ?
Well, as traders and investors, this can be a good time to ride the trend and make the money!
Enjoy whilst it last
Nikkei225, Trade and trend ranges [2NOV2021]You can see in my previous plan where signal went extreme bullish.
Japan's economy is different from US. Modelling it quantitatively is also different. It is still seen as bullish by the signal at the moment, and the bullishness in the short and long term yields, I believe Nikkei will make a new ATH soon, but has a massive 3% downside potential too, so it's better not to go into margin with this one and shorting isn't a good idea either. Let's hope for a dip and see if we can get our hands dirty.
PS. Each box span a day, and the code gives short term and long term trends as shown. the trend is shown with the color of the box. The range is calculated on a daily basis.
If you want similar ranges and trends on your ticker, feel free to contact me, I will add them to my list and provide them when the signal is interesting (for free of course)
Redd
Signal - Nikkei - 1 November 21 - Sell The bigger timeframe pattern I see on this structure is a rising wedge.
Going to the smaller timeframe 1m
* I see a double top structure
* Second leg is formed by a rising channel
Going to 15m
* I see double top with the second leg bigger than the first leg
Going to 1H
* I see 1 hour retracement candlestick pattern
Nikkei Analysis 1D | Outlook• Nikki Japan's long-term outlook on daily timeframes •
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• Friends, remember the numbers listed on the chart, if the price moves to the upper or lower area indicated on the chart, trading positions can be used.
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• Area 28700 has the highest volume of transactions in the last 10 months, and is an important area! Failure of the price from this area will push the price up or down to the next targets in its direction.
200 EMA Retest: Long JP225USD (H4)I took a long trade at the break of 200 EMA (candlestick highlighted in black) last week.
The price has come to retest the 200 EMA again. Look for re-entry opportunity.
Buy conditions:
1) All Ichimoku signs are bullish
2) Wait for price to close above Tenkan with a bullish candle for re-entry
3) SSA is making a new high
4) Chikou span > kumo (indicates mid to long term bullish momentum)
nikkei Nice BounceHello Everyone, If You Like The Idea You Can Support With A Like And Comment .
Keep In Mind ❗
🟣 Purple structure -> Higher TimeFrame Structure.
🟢 Green structure -> Daily Structure.
⚫️ Grey structure -> 4h Structure.
🟡 Yellow structure -> <4h Structure.
Important : Please Use RM (Risk Management) and MM (Money Management) If You Decide To Use My Ideas, There Will Always Be Unprofitable Ideas, This Will Definitely Happen, The Goal Of The System Is That There Will Be More Profitable Ideas At A Distance.