Thomas Schroeder

Mr. Schroeder starting using charts and trading in the FX markets in 1989 and entered the equities arena in 1992 with Deutsche bank as a fundamental analyst but found himself relying more on inter-market cycles and charts. In 1994 he become the Asian head of Technical Research for UBS Securities in Hong Kong and in 1997 was charged with heading the Global Technical Research team for SG Securities. In July of 2003 Chart Partners Group Limited was formed which provides clients with timely and accurate progressive trading strategies within a truly global context.

Chart based progressive global trading strategies

Technical Analysis

The Nikkei-225 Stock Average is a price-weighted average of 225 top-rated Japanese companies listed in the First Section of the Tokyo Stock Exchange. The Nikkei Stock Average was first published on May 16, 1949, where the average price was ¥176.21 with a divisor of 225. 

<ul>
<li>Nikkei remains a compelling short with uptick resistance at 26,600/800 with the next downside target at 25,000. RSI bear wedge is a compelling set up.</li>
<li>Nikkei offers downside on the back of the RSI bear wedge with firm trend and price resistance just under 27k. Sideways congestion sides with fresh lows.</li>
<li>USD/JPY looking more crowded near 132 as the rising wedge matures for a pullback trade.</li>
</ul>

Chart Partners

Chart Partners objective is to discover medium-term cycle turns and profit opportunities before they unfold, within structural trends while preserving capital with clear degrees of risk. We have real return ideas. 

Markets are dynamic and trading systems must reflect this. It is crucial to determine underlying correlations and lead-lag relationships within global markets and the impact on linked instruments. Our weekly Chartonics product gives you short-term trading strategies that can be applied within the medium and longer term macro trends that are mapped out in our strategy updates. 

Our methodology fuses global market variables and isolates drivers in trends. We specialize in FX, index trade in NY and Asia with a focus on Asian stocks. 

Nikkei 225

Nikkei Remains a Compelling Short