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A beautiful Dragon Tail

A very typical textbook dragon tail for Nikkei 225 this morning.

It started with HM at Land on opening. Traders can participated first round using this signal followed by SLBW.

Park limit order @ 19,865 and scale out profit at 19,925 & 19,985.

Nikkei 225

At 8:28am, first profit target 19,925 reached.

As for SiMSCI, since it didn't come to any of the support level, decide to give it a miss. No action for the morning.

Chart on pre-opening (SiMSCI)


Chart on opening (SiMSCI)

Tonight is NFP. a night for the U.S. markets.

Have a nice weekend.

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