Nikkei cruising

oh ok.

it's a bull day for sure...

you can play for a position after all...

you either sit there and wait like hawk or play the warm up before taking the position.

I haven't decided just yet what my MO will be but I just had an epiphany

Dollar Index weekly chart gives me the shivers everytime I look at it.

It was doomed from the beginning since it went off the rails and decided to get rid of gold standard.

I see a downtrend, 2008 crash which was the bottom of 2002 fall I see it clearly on weekly it was just a test of 115 level so is after covid rush of 2022 I see a series of LHs and LLs and a completion of darvas that started off with a broadening pattern is in progress.

And it looks like 84 will break down one of those days.

And when you think about sudden surge of bitcoin I won't talk about gold because we all know it is substitute to a currency and will do much better in a case of paper money downfall especially the dollar but bitcoin how it all seemingly came out of nowhere and started just going up and up ?

Obviously big money is behind that and they know whats in store for paper money... and obviously it won't get out of style anytime soon.

I feel like I need to plan for the future, I still think currencies that are backed up by gold or countries of currencies that are rich in natural resources that aren't swallowed by bureaucracy or military coup will do relatively OK but dollar bills ? get rid of them asap.

And don't even get me started on real estate bubble because I think they do follow dollar index if it goes up it goes up in value too being it so overpriced all over the world the bubble may finally burst along with dollar.

I can't help but feel we're witnessing a slow death of capitalism.

I mean personally I prefer just simplicity you know.

Interesting times we're living in 10 to 20 or 30 years it will be a much different world. Maybe less greed less people polluting the earth maybe it will finally find a balance.

oh its coming

out 250p

LONG!

I won't be too greedy
so no more add ons

just single position
target for now 37961

nearest R is at 37627 but we're not out of the darvas yet so I'm looking at 37961 but if the darvas retest comes out of 37961 next R is at 38509

I have a feeling (well I was shown yd) its going to be the latter but we'll see we'll see.

as for my entry although I'm not complaining I can do better than that I think

I'm probably leaning towards going for the main move I think for my MO and leave the rest of the move although I think I can trade them fine don't want to be too greedy.

-50p

out whoops

but I'm not a bear.

will be looking for a different entry.

bought again at 37163

got my entry a bit off like I said.
tomorrow I'll be better

moved SL to BE
don't want any trouble


think I need safety now.
still a bull

in 10min we have CPI numbers coming up for AUD.
will be looking at add above 37339 I think.

added 1 position above 37339

SL hit at BE

I see that
whats happened yd

I need to stop predicting and be in the moment.

yes you can play for a position but be ready for "change" because thats a constant in trading and in life.

sold at 36578

+12p

bought 36566 somethings up.

ok bulls
maybe coming in early

out +12p

sold again 36578