JBH buy trade
I didn't trade FMG today was tempted as it broke over 18.00 in the morning but it was just not looking to break out and will leave it be until iron ore moves higher or it could be a possible short back down to 16. JBH came back after a gap down with my stop at 44.80 this trade remains open as the long thesis is intact as seen in the daily time frame which I've attached along with the intra day chart. The risk on this trade is low compared with my FMG trades and will leave this open with a medium term time horizon of a few weeks especially if 46.00 is broken and this will be a point I add into this trade.
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