FX:AUS200   S&P/ASX Index of Australian Listed Shares
1094 16 17
I believe the S&P/ASX200 is set for a major setback. Especially if the index closes this week below 5475. Lets see how it goes, i will keep updating.

Best of luck. Join me at https://twitter.com/thefxchannel
Also at my Facebook             page http://www.thefxchannel.com
My best regards,
Technician

==================================================================
Trading Criteria:
1. Trades are taken in two units
2. First unit would be closed at first target
3. Stop loss is then moved to break-even
4. Second unit would be closed at second target
Notes:
5) If 90 percent of first target is reached I move stop loss to breakeven.
6) If 90 percent of first target is reached without triggering entry I cancel the trade.
7) Remember: Losing is a main part of the game
We are finally LIVE https://thefxchannel.com
First target
+1 Reply
thanks
Reply
Did you re-enter the trade?
Reply
Technician TOP HamedAghajani
No buddy, i didn't unfortunately...
Reply
Are we heading to targets on this one guys?
Reply
Hi. I believe so. Australia is behaving very differently from European and American Indices. But it looks like it is resuming the bearish trend.
Reply
Closed my short at 5380
+1 Reply
Seems like another good call here.
Reply
:).. Still target is pretty far, you know, markets winners could turn to a losers quickly.. but lets hope not.
Reply
Casey_Yeo Technician
I definitely know that! All my trades suffered that fate last week. :D
Good luck on this trade mate!
Reply
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out