Maybe this is my first Charts On Nikkei On my Blog all this is for one of our new prospects.
Base on this chart i can see that there is a potential drop of 200 pips on Nikkei , Most people are buying due to th elow price, but i am using my technique to call for the sell. I might be wrong but time will shows the results.
the trend is UP trend and if everyone is ‘reportedly’ buying… then for each transaction to be completed.. there always must be a BUYER and a SELLER right? So if everyone is BUYING as you say.. who is SELLING to complete the deal? Next… if there is equal number of buying and selling = price will not move up or down.. but if the price is moving down =>>> doesn’t that mean the sellers are more KEEN to sell than BUY??”
NIKKEI may test 9265 if Dollaryen goes below 86.50
I am Shorting the Nikkei at open price .