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JD_TeenTrader
May 13, 2022 6:25 AM

I am selling the NIKKEI (JP225) now Short

Japan 225Capital.com

Description

This is my first trade on NIKKEI and I am scared :)

Well I just follow my rules, so I shouldn't worry.

1) Daily is down
2) H4 is down
3) Nice harmonic pattern setting up

All other indices are showing similar symptoms.

Hope it will be a good one. Stop loss is steep at 200 points but the reward is better.

Trade active

The first attempt was bad. This pair moves really fast and I was down 4% in the first trade.

16/05/22 DEAL Japan 225 Cash (SD1) SD-406.00

However the market is bearish and we backed ourselves for it to continue downwards and was rewarded. Closed half position:

19/05/22 DEAL Japan 225 Cash (SD1) SD633.00

Also sold FTSE and cashed out:

19/05/22 DEAL FTSE 100 Cash (SD1) SD72.80

Funds: SD10,460.99

Trade closed: target reached

Closed all positions. Best trade ever with 12.18% return

19/05/22 DEAL Japan 225 Cash (SD1) SD SD291.50
19/05/22 DEAL Japan 225 Cash (SD1) SD SD294.00

Funds: SD11,195.41
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