Recap on Nikkei 225 for this week (23rd to 27th May 2016)
I will be using the emotion lines to look at Nikkei 225 performance this week and how you can use this information to plan your trade if you like this colorful rainbow moving averages :)
Candles Rules when using emotion lines:
Sell spring & winter candlesticks signals
Buy summer & autumn candlesticks signals
Candles rules when using PAPLines (Resistance)
==> Sell autumn
Candles rules when using PAPLines (Support)
==> Buy spring
On Monday, 23rd May ==> Nikkei from Fear mode to Greed mode.
Tuesday open with Fear mode to Greed mode as well.
Wednesday, 25th May, Nikkei supported by PAPLine-S2, stay in greedy mode to close.
Thursday, 26th May, price start to change from 2 days of greedy mode to fear mode.
Last day of the week, Friday 27th May, Market decide to take a rest.
Hope this give you a view of how you can utilize this emotion lines to plan your trades next week.
Happy weekend :)