Nikkei cruising

first wave of bulls are in
I'm waiting on 38307 to dissolve my short position and enter long.

-50p
went long

I couldn't find the turning point, 100%

150p

out

sold!

its going down

strange

-10p

out on the sidelines.

massacre.

re entered again as a bear 38276 target 37884.

if this fails "again"
I'm walking away.

too many failures.
too many conflicts.

some kind of squeeze is happening

but i won't read too much into it.

but wow what a battle!
truly a massacre.

out -30p.

First trade in

I see that there are so many ways to trade and to be profitable you can go after what they call "breadcrumbs" like me on this trade or go for a home run or a main wave if you will and ride it until it dies or changes.

But everything has a price if I want to call it a day earlier have the rest of the day for something else Im realizing I'll have to go after breadcrumbs, you have to be more specific with breadcrumbs too and you'll incur minor losses.

To go after main waves you'll have to wait like a hawk entries are general and you can really eyeball it based off of a level purely but waiting time is generally for 6-7h before you establish a position and I start my day at 6:00 am as market opens I'm a morning person I just don't have it in me to sit here all day anymore and at the end of the day if you can make a living doing this who cares about your method its a matter of priorities for me at this point.

we have a breach above 347 R
lets see if it will hold.

-30p

out

long at 375 target around 511.

Accidentally caught a wave up

Target extended to 38797
Target remains the same

I guess pleasant accidents do happen

117p out
reversed from 500 target 350 area.

reversed again long.

bad move out at BE

its a short target 347

-50p out

opened with a huge gap down
first trade in
target 39172 who knows what will happen

ready to turnaround *if* 323 breaks and holds
I hope not to get confused today on a retest

I think I have the right structure of a wave to a T *finally*.

my spread widened to 27p from the usual 8p
somethings up.

323 held so far
even if it didn't probably not a good time to exit at a time like this with a huge spread !

reversed from short to long -28p

I could have made it 0 oh never mind.

target 473 or probably a gap fill.

but nevertheless bulls are in for its first impulse wave up.

spread back to normal OK.

I need to make peace with myself here.
Perfection doesn't exist.
It's okay to incur some losses.
Its the operating cost as far as my method is concerned.
As long as you come up positive on top.
And after your entry adverse movements will occur there's nothing you can do about it, except to have enough margin and the discipline not to turn again.
There's a clear rule for reversals.
Just don't be a pig pick a side and stick with it until it shows clearly that its reversing.