My short term market sentiment on Nikkei 225 Futures have change to Bullish after price trade above 17500 and we execute a Bullish Trade at 17686.
The instrument experience strong selling pressure above 19500 and is now trading at 18870. We have move our Stop Loss above 18750 and will hold position as long as price stay above 18807.
If price trade below 18807 we will close position.
Our Proprietary Trading System indicates the following:
The Long-Term Trend (LTT) given by the Global Monthly TIME BAR (GMTB) is currently Bearish
The Short-Term Trend (STT), given by the Global Weekly TIME BAR (GWTB) is currently Bearish
The Medium Term Trend (MTT), given by the Global Daily TIME BAR (GDTB) is currently Bullish
The Micro-Trend (MT), given by the Global Four Hour TIME BAR (GFHTB) is currently Bearish
Global Entry Signal For Trade #1: Buy @ 17687
Global Trailing Stop Loss Trade #1: @ 18805
Global Target Profit Trade #1 : @ 38765
Global Trade Management Strategy: We applied the Global Trailing Stop System for Global Trading Strategy #5.
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