Nikkei cruising

Back again.
Nikkei opened with a huge gap up.

At first I was confused as to why it was happening.
But I think I understood why now, and I'm going repeat that same line, my long position was correct BUT complications did happen and I wasn't there to manage it properly and couldn't really see it anyways.

So with this gap up Nikkei did finally close yd's long target.

Now I'm reversing this today but notice that breach of my entry ?
Thats making me a bit iffy but my upper R is still intact for now.

This should create a bigger broadening if this were to reverse from short to long and I should get a test below 37021 yesterdays losses taught me that. With that said I think until I see those happening I'm going to keep this short target 36846.

We'll see we'll see...

I feel like this is my last hurdle, if I can learn to manage these complications accurately and exit with a profit because if you're good you can ! I think I'm arriving at that point, the point.

Jupiter.

I see what you meant now.

out +61p
better be safe than sorry.

until I'm 100% sure on the complications

I think about 70p is guaranteed on my entries.
I'm just not so sure if that break is anything that I should be looking out for.

We'll see. Time will tell.

Final target for bears 36846
I'm on the sidelines for now.

Ok.
Its confirmed I was correct.

Now we're in bulls territory.
Its up no matter what we may encounter some hurdles along the way but its up.

I just need to manage it properly.
That breach was a retest.

Early bull entry.
First confirmation.

Out +63p
I chickened out.


Bulls first run final target 37019.

It's okay next time control your "fear" better. And let it run unless they show they're not going the way you think its going.

Bears are pushing it further down.
Next bull entry 36600.

I have a buy order at 36593 target remains the same for these bulls.
still in my training phase except for those "guaranteed 70pts"

buy order got filled overnight target reached 425p.

I'm getting somewhere I was right about bears pushing it down but bulls still being in position.

Good job! despite the impending FOMC rate release, reading of the form was accurate for once.

Early bear entry.

Here's a better chart with the levels.
Early bear target 70p reached but I'm keeping it for the long run.

Final target for bears is 36700 I've noted my upper and lower levels incase if broadening forms and I have to exit safely out of this short.

We'll see...

Sometimes I wonder how easier would it be to trade the weekly, I mean I'm not even sure if that'd be considered trading maybe more like investing ? You'd enter a position and just let it run for years. And my charts are 1min btw so naturally a lot of complications do occur and is much harder to manage and learn than say daily or weekly but since price is fractal you get the same structure across all TFs. I just can't help but think about the possibility...

But you'd need deep pockets to trade the bigger TFs too, thats the pay off. But in a minute chart pockets don't have to be deep at all as long as you are good enough to follow through the chaos...

Dollar is definitely falling
Target 84.

Sometimes a bull and a bear run goes for two campaigns, so maybe this would go even lower than that.

I just don't see weekly being as challenging as 1min, like it doesn't go up and then decides to go the opposite ? I mean thats not to say its not going to happen but if I can manage 1min chaos I do just as well on weekly - I guess thats the ultimate goal. But for that I'd have to be absolutely sure in my ability to detect change and be right on point on my entries and would need much bigger acc. Thats the dream.

Enough yapping back to work.

Entry line is breached to the upside but like yd this could be a retest. For now this short trade is still viable.

yeah this is becoming funny.

I'd consider that a breach of upper R, lower S is also risen to 36800. This is what I mean by abstract sometimes you have to be flexible in reading the highs and lows and the forms. I almost blasted my brain out trying to learn all of that.

it is going to reverse although we don't have final confirmation I think its good to exit at 36800 and wait for a BULL signal.

Out +75p

And immediately reversed on support.

Out +8p!