Nikkei 225 Trade Setup Profits Heavy From Price Action Squeeze
Second Skies | Jul 29, 2014 02:45AM ET
Nikkei 225 – Price Action Squeeze Setup Profits Heavy After Breakout
On our price action context , and not being limited to trading just price action patterns/signals looking for 1-2 bar patterns. When you learn to read the underlying context and order flow, you can find setups typical pattern traders will not.
For now, look to trade inline with the trend, and watch for pullbacks towards the 15500 area key role reversal level , all the way down to the daily 20 ema for potential levels to get long. For those who have not taken profit, we’d suggest taking some off the board and neutralizing all risk. The next levels to watch on the upside are 15750 and 15900, so a lot of potential profit available.
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