Thursday, May 26, 2016

Ausgroup: 1ET Bearish Entry Signal on the 9 May 2016....... less than 3 weeks and counting.... what are we seeing..... now at 0.068

On the 9th May 2016, there was a 1ET Bearish Entry signal with SELL ENTRY price at 0.107….

A few days later, we saw a firm breakdown and a sell entry confirmed……

Looking at a 35.5% gain in less than 3 weeks and counting if you have shorted the counter on CFD and ride the downside…..

Up till down, there is still no exit yet…

Question is, can there be more weakness still?

Whatever the case, lower our buy stop loss to protect profits…..

System and signals aside, we are still seeing some support at the 0.065 – 0.066 level….. however downtrend still intact below 0.075…..

There can be more selling pressure if the 0.065 were to breakdown….

How low can it go…… well, we just let the market decide and follow…. Let’s see…

But thanks to the system above that make things so much simpler……

Last Workshop tonight at 7pm to find out more…..  For those who have registered, see you there…..

For those that have not, apologies, they are all sold out as per last check….

But no worries…

Subscribed at the top to be in my mailing list….

Will let you know when there are any free workshops in 3 to 4 months time, thanks  J

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