( trade in progress) week24 Nikkei D1 2 x hammer long. Making sense of Kuroda’s bullshit.


There was a first hammer which bounced from 20000. It made me sit up and look at this chart.

week24 Nikkei D1 hammer from 20000 100615

After I made this chart, immediately Kuroda’s announcement created a sudden intra day plunge, which turned out to be a” mistake” . This ideally created the 2nd hammer , which found support from 20,000.
This became a clear cut buy.


In this article, this was the classic confusion in which how Kuroda’s comment can be interpreted. The only clear way for me to interpret is to see the charts.

This will be my trading plan.

week24 Nikkei D1 2 x hammer trend still up  trade plan 110615


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s