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FullTimeTrader
Aug 27, 2015 7:25 PM

SPX500-sell orders below 1950 Short

S&P 500 index of US listed sharesFXCM

Description

Today i was long and closed all positions with some profits.
Just like the USDJPY seems the correction for wave 4 is finished.
Im placing sell orders below 1950
Other details on chart.
Regards
Comments
LearningForex
Thank you for your charts they are very helpful.. I am new and it helps me to understand a lot of things.. my target is 1920.. do you think it can break 1900 today as the sell has triggered according to your chart
FullTimeTrader
Hello, targets shown on my chart are achievable but we have NFP news on friday, so it will be a good idea to take partial profits and move SL to BE. Regards.
LearningForex
i have covered my short and re-shorted again.. I had shorted at 1960 and covered at 1940.. and then shorted again at 1941 with SL at 1940
HectorDavidEspinosaRodriguez
may be we grong, new suport 1951
AliHasan
So chart by @FullTimeTrader is right as support gets broken you can go for sell right?
HectorDavidEspinosaRodriguez
Support 1950
FullTimeTrader
Hello, its true, lets wait for further price action, the level 2000 will be also critical. Tomorrow is friday, so may be we should wait until next week. Regards.
deltafox
Short positions should begin circa 2000-2020 for a ride back down to the lows
AliHasan
Following you Brother...GL!!
HectorDavidEspinosaRodriguez
Im agree with you , I closed all positions at 1:50 pm ,(time in mexico) ,
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