Friday 03 Sep 2010
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| Sunday, 07 February 2010 19:03 |
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Trading Entry and Exit Analysis
NIKKEI
 The multi week low should be near completion. However intraday momentum and pattern has not complete yet. Buying opportunity will appear when price entering buying zone at around 9.600 – 9.700.
(Click the picture to open the original size) System  ASTRONACCITM Trading System by Stocksforliving Indonesia,Ltd Momentum Daily Momentum oversold, but intraday still has to complete 1 momentum cycle. Trader should wait until Stochastic performs a bullish reversal on hourly time frame. Pattern End of wave 5 : 1 or A. Price The end of wave 5 : 1 or A target approximately at 9.600 – 9.700 with lower tail. Trading Advises Go long following bullish reversal on Intraday time frame. Use Stochastic 8,5,5 or 5,3,3 (If volatility decreasing).
Analyst Certification:
The views expressed in this research report accurately reflect the analyst’s personal views about any and all of the subject securities or issuers; and no part of the research analyst’s compensation was, is, or, will be, directly, indirectlyrelated to the specific recommendations or views expressed in the report.
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| Last Updated on Sunday, 07 February 2010 19:08 |
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