RR=2 sell ideabearish bat pattern + price bounced back at resistance level + breakout of trendline
: expecting the price to retest 8190 Level
PS never risk more than 2% of your capital per trade
AUS trade ideas
Right shoulder developingThe S&P 200 seems to be developing or completing a right shoulder of the head and shoulder pattern which may lead to a possible decline of the index. Alternatively, if price action stabilises above 8.300, a bullish move will be favourable.
AUS200 - WHAT THE STRATEGY FOR THE LAST DAYTeam, for those who love AUS200/ASX200 - we finally got 5/5 this week
We are now watching if the AUS200 may retest and try to break the 8280-8282; we will wait for the opportunity to short at 8311-8320. If not, each is at those levels, so we will not trade further and wait until next week. There will be volatility during the RATE announcement
SETTING SHORT AUS200.ASX200 ZONE at 8311-8320, STOP LOSS at 8345-55
Target at 8286-79
Target 2 at 8256-49
Target 3 at 8226-32
NOTE: Once the 1st target hit, ensure take PARTIAL and bring stop loss to BE.
AUS200 - TIME FOR A GOOD SHORT Team, we have been watching the hold week and trade on the AUS,
This is 5th time, and I hope we get 5/5 results for this week as the same last week
We are shorting AUS at 8284-76, STOP LOSS at 8315
Target 1 at 8258-49 Please take some trail and bring stop loss to BE
Target 2 at 8233-26
Target 3 at 8216-09
ASX to find sellers at market price?ASX200 - 24h expiry
Indecisive price action has resulted in sideways congestion on the intraday chart.
Pivot resistance is at 8225.
We expect a reversal in this move.
Risk/Reward would be poor to call a sell from current levels.
A move through 8175 will confirm the bearish momentum.
Our profit targets will be 8150 and 8125
We look to Sell at 8225 (stop at 8265)
Resistance: 8200 / 8225 / 8250
Support: 8175 / 8150 / 8125
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ASX200 resume its battle with multi week resistance The ASX200 this week has resumed its battle with multi-week trend channel resistance, which currently resides in the 8325/30 area.
A sustained break and close above here would set the ASX200 up for a run towards 8450 into year-end. Conversely, a failure to see a sustained close above 8320/25 combined with a fall through support at 8110/00 would warn that a medium-term high has been struck and that a deeper pullback is underway.
ASX futures closed 68 points (-0.81%) lower at 8308, which points towards the ASX200 opening this morning at ~8276.
AUS200 Downside Potential: Key Support Levels in FocusHello,
PEPPERSTONE:AUS200 index may see further downside, potentially testing its previous low of 8053.85. If it drops below and holds under this level, it could decline further toward the three-month low at 7884.52. In the long term, the index fund remains a solid buy, as it is currently testing support levels as expected. Currently priced at 8149.905, this level previously served as strong support, and if it now acts as resistance, it would confirm additional downside potential.
No Nonsense. Just Really Good Market Insights. Leave a Boost
TradeWithTheTrend3344
12-11 AUS200:The index that tracks the 200 largest shares from Australia has continued to decline despite a slight increase. After a slight increase, in which the high of mid-October was touched, the index is in a downward trend again. A resistance at 8101 can be encountered. If this resistance is broken, the index will continue to decline. We executed a sell at 8196.
Bearish pressureThe index broke through a consolidation phase and is currrently dropping to find support towards 8.100 and 8.000.
AU Index Rallies from Demand Area as Bullish Sentiment GrowsThe AU Index experienced a significant development yesterday as it reached a key demand area, showing a strong rejection today that indicates potential bullish momentum. This demand zone, identified through technical analysis, has historically served as a pivotal point for price action, suggesting an opportunity for a price turnaround. With the opening candle reflecting a robust rejection of lower levels, traders are increasingly optimistic about the possibility of a bullish trend emerging in the coming months.
From a technical standpoint, this demand area presents a solid foundation for potential upward movement. The absence of follow-through selling and the strength of the rejection signal that buyers are stepping in to support the price. When coupled with historical seasonality patterns, which indicate a likelihood of gains during this period, there is a compelling case for a bullish outlook on the AU Index. Historical trends suggest that this time frame has often led to price rallies, providing further confirmation for those considering long positions.
On the fundamental side, the insights from the Commitment of Traders (COT) report paint an interesting picture. While retail traders are predominantly bearish, indicating a cautious sentiment among the broader market participants, the smart money narrative tells a different story. Institutional investors appear to be either bullish or in the early stages of building long positions, which can be a telling signal for future price action. This divergence between retail bearishness and institutional buying often creates an environment ripe for a market reversal, particularly as the smart money tends to lead rather than follow market trends.
Given these dynamics, traders are now on the lookout for a long setup on the AU Index. Emphasizing risk management and entry strategies will be essential in this endeavor. With the price showing resilience at the demand area and fundamental signals suggesting a shift towards bullishness, there is a growing confidence that the AU Index may be poised for a sustained rally.
In conclusion, the confluence of technical indicators, seasonal patterns, and the contrasting sentiments present in the COT report presents an enticing opportunity in the AU Index. As traders position themselves for potential gains, the next few sessions will be crucial in determining whether this demand area will indeed act as a launchpad for a bullish trend in the months ahead. Investors will be closely monitoring price movements, looking for confirmation to validate their long strategies in what could be an exciting period for this index.
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ASX200 H4 | Bullish uptrend to extend furtherASX200 (AUS200) could fall towards an overlap support and potentially bounce off this level to climb higher.
Buy entry is at 8,282.88 which is an overlap support that aligns with the 23.6% Fibonacci retracement level.
Stop loss is at 8,230.00 which is a level that lies underneath an overlap support and the 38.2% Fibonacci retracement level.
Take profit is at 8,374.57 which is a multi-swing-high resistance.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
AUS200 Set for Potential UpsideHello,
PEPPERSTONE:AUS200 appears poised for further gains, with the price comfortably above all pivot points. Key resistance levels to watch are 8283.19 and the recent high at 8396.10. If the price can break and hold above this high, additional upside is likely.
No Nonsense. Just Really Good Market Insights. Leave a Boost
TradeWithTheTrend3344
AUS200: Bullish Trend Set to ResumeHello,
PEPPERSTONE:AUS200 is still testing the 1M pivot point. If it crosses and holds below, the entire 1M support structure will likely be tested. However, it appears that the bearish phase may be over, and the bullish trend is set to continue.
TradeWithTheTrend3344
ASX200 on track for a fall in October.The ASX200 snapped a three-day winning streak yesterday after the mixed Q3 2024 inflation data against the backdrop of a still firm labour market dashed hopes of an #RBA rate cut before year-end.
Ahead of its final trading session in October, the ASX200 is down 1.08% for the month and continues to spin its wheels below multi-month trend channel resistance, which currently resides in the 8350/60 area and above important support at 8110/00.
A sustained break of either of these levels is needed to indicate in which direction the ASX200’s next significant move will come.
AUS200 H4 | Potential bullish bounceAUS200 is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 8,194.52 which is a pullback support.
Stop loss is at 8,165.00 which is a level that lies underneath a multi-swing-low support and the 78.6% Fibonacci retracement level.
Take profit is at 8,274.87 which is an overlap resistance that aligns with the 50.0% Fibonacci retracement level.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
AUS200, ONLY ONE DIRECTION OF THE MARKETTeam, SHORT AUS200 at the market open 8262-68
Add more short at 8285-92, STOP LOSS AT 8325
If you are shorting at 8262-68 - Your Target at 8245-32
If you are shorting at 8285-92 - Your target at 8272-8261
AUS200 - let make it 5/5 this week recordTeam, why I am going long AUS200
because the DOW does not given up last two hour, strong fight back from the BULL
We are entry LONG AUS200 at 8220-23, STOP LOSS AT 8198
Target at 8238-46
LETS KILL THE BEAST AND MAKE THE RECORD THIS WEEK 5 OUT 5
AU200 to continue in the downward move?ASX200 - 24h expiry
Indecisive price action has resulted in sideways congestion on the intraday chart.
Momentum is flat, highlighting the lack of clear direction.
Further downside is expected.
Risk/Reward would be poor to call a sell from current levels.
A move through 8200 will confirm the bearish momentum.
We look to Sell at 8240 (stop at 8280)
Our profit targets will be 8140 and 8125
Resistance: 8240 / 8250 / 8275
Support: 8200 / 8140 / 8125
possible bearish move We saw a bearish flag channel which is why we entered a sell
NB: Keep Risk low and manage the trade appropriately
ASX200 H4 | Potential bullish bounceASX200 (AUS200) is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 8,180.49 which is a pullback support that aligns with the 78.6% Fibonacci retracement level.
Stop loss is at 8,130.00 which is a level that lies underneath a pullback support.
Take profit is at 8,282.88 which is an overlap resistance that aligns close to the 61.8% Fibonacci retracement level.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
AUS200: Will Support Hold or Decline?Hello,
PEPPERSTONE:AUS200 has established a strong resistance level at 8369.84 and is now testing its support levels. So far, the initial monthly support at 8198.38 has held, but further tests of support are still possible. Key support levels to watch are 8160.90, 8123.42, and 8010.99. For bullish momentum to continue, the monthly support structure must hold; otherwise, further declines may follow.
TradeWithTheTrend3344
AUS200 - SHORTING TIMETeam, yesterday, our AUS200, we hit all the targets last two days
Today it looks like another good short at 8226-8235
STOP LOSS at 8245-65 - depend on your risk level, always have better room for stop loss
TARGET at 8205
TARGET 2 AT 8180-8192
Once the price hit below 8200, BRING STOP LOSS TO BE and remember to take some partial 50-70% volume.
22-10 Probeleg Aus200 22-10: Australian shares fell on Tuesday, reversing after Monday's gains as investors turned risk averse. Uncertainties surrounding the US election, which is just two weeks away, combined with rising oil prices, may have led to a sell-off in bonds, which in turn has affected equity markets, Reuters reported. Our MacD alert system is indicating a sell. The price appears to be in freefall since early Tuesday. Sell executed at 8238.
