AUS200 Turning Higher? Key Buy Zones and Profit RoadmapAUS200 (Australia 200) 🚀 BULLISH SWING LAYER Strategy | "The Thief" Entry Method
🥳 Greetings, Traders & "Thief OG's"! 🥳
Get ready for a deep dive into a high-probability BULLISH swing trade setup on the $AUS200. This plan uses a sophisticated entry method to maximize opportunities. Likes & Follows are highly appreciated if you find this valuable! ✅
📈 Trade Thesis & Market Context
The AUS200 is showing strength, and we are anticipating a continued upward move. Our strategy is to enter on any potential pullbacks using a layered approach, ensuring we get a favorable average entry price.
⚔️ Trading Plan: "The Thief" Layered Entries
This strategy uses multiple limit orders to "steal" good prices from the market.
Direction: 🟢 BULLISH (Swing Trade)
Asset: AUS200 (Australia 200 Index)
🎯 Entry Zone (Layered Limit Orders)
We are setting buy limits at key support levels:
▶️ Layer 1: 8480.0
▶️ Layer 2: 8520.0
▶️ Layer 3: 8560.0
▶️ Layer 4: 8600.0
💡 Pro Tip: You can increase or adjust the number of layers and levels based on your own capital and risk appetite. The goal is to build a position at a good average cost.
🛑 Stop Loss (RISK MANAGEMENT)
Initial Hard Stop: 8440.0 (Below the deepest entry layer).
⚠️ IMPORTANT NOTE FOR THIEF OG'S: This is MY strategic stop loss. You MUST adjust your SL based on your personal risk tolerance and account size. Protect your capital at all costs! This is not financial advice.
🎯 Profit Target
Primary Target: 8850.0
This target is based on:
📍 Previous major resistance zones.
📉 Potential for Moving Averages to act as dynamic resistance.
🚨 Overbought conditions that may trap late buyers – we plan to exit before the crowd.
💰 Take Profit Reminder: You are free to take profits earlier! Scale out as price moves in your favor. "Make money, then take money" at your own discretion.
🔍 Related Pairs & Key Correlations (Must Watch!)
Understanding these relationships is crucial for this trade:
OANDA:AUDUSD 📉 (Inverse Correlation): A weaker AUD is often BULLISH for the AUS200, as it benefits the large export companies in the index. Watch for USD strength.
OANDA:XAUUSD (Gold) 📈: Australia is a major gold producer. A strong gold price can boost mining stocks and provide a tailwind for the AUS200.
US30 / SPX500 🇺🇸: Global risk sentiment is often led by US indices. A strong or stable US market generally supports bullish moves in the AUS200.
CN50 🇨🇳 (China A50): China is Australia's largest trading partner. Strength in the Chinese economy and its stock market is a positive signal for the AUS200.
✅ Final Checklist Before Entering:
✅ Confirm overall BULLISH market structure on the 4H/Daily chart.
✅ Check OANDA:AUDUSD for weakness (positive for this trade).
✅ Monitor US indices for positive risk sentiment.
✅ Set your LAYERED LIMIT ORDERS.
✅ Define your PERSONAL Stop Loss and Position Size.
Let's get this bread! 🍞
Like, Follow, and Comment with your thoughts or questions below! Let's build a community of smart traders.
Disclaimer: This is my personal trading idea, not financial advice. Trade at your own risk. You are solely responsible for your trading decisions.
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