Short Term Bullish Signal for The Nikkei 225, more commonly called the Nikkei, the Nikkei index, or the Nikkei Stock Average
We expect a short term rally and hence we took an intra-day buy signal at 21020. We are currently trading at 21280..
We will now applied a trailing stop for four(4) times the one hour average true range(ATR). This gives us a trailing at currently at 21114.
Our trailing stop was hit and we took profit from this trade.
The Global Automated Trading System #2 execute another bullish trade on Nikkei at 21371 and our Global Default Trailing Stop is now at 21658.