FMG buy trades
MP1 buy trades
Markets seemed to be lacking today even though they were up with MP1 long from 13.27 and then an add at 13.07 with 13.00 the stop getting out at 13.18 before the end of session push higher but ok with how I managed risk with the earlier entry and waiting to add with signs of a bounce closer to 13.00. FMG gapped up again and really wasn't a set up I was looking to long but 22.00 was tested several times and after briefly broken the dip was bought. Took a long at 22.09 but was late with 22.04 and 22.06 missed the fills and exited at 21.97. Was back in at 22.02 and 22.04 and out at 22.20 after a lot of chop on the XMM and to be honest an irrational appetite for this with another gap up today, the iron ore price on the Dalian has been rallying although did print a rejection candle on the daily as the session ended at 6pm Sydney time today. The daily close for FMG was near it's high but with markets quite jittery another test of 22.00 is likely and if getting in long it will be on a pull back as for now the trend is determined to remain in tact for now.







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