I was a bit too keen! Once I saw that high-volume push-up and no follow-through I was tempted to jump back in again at 29535 if it broke below but after a couple of losses pulled out. I should have been more patient and tried to get my stop above 29600 i think.
Fomo trade earlier that i bailed from when i knew it was dumb.
See what happens around 400-420 if we drift down. Important area imo
I was hoping for something like the line that I have drawn on the chart below for a chance to get in before a potential drop. But a big gap below and then no pullback towards the 29,400 area I didn't get in short. Instead I jumped in front of the moving train… Twice, trying to pick the bottom. Something to learn from.
Still dropping like a rock! Straight through my mrked area.
another brutal afternoon session in the Nikkei, dropping almost 1000 points in just over an hour! I didn't Get to do any trading today as I got back to the PC just in time to watch the carnage. Covid is a gift that keeps on giving…