ASX end of day trading review 27 01 2022

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FMG buy trades

FMG sell trade


Early rally on FMG was held optimistically too long with an initial entry at 19.25 sizing was small then an add at 19.85 and a final add at 19.63, getting out at 19.68 as everything was looking to make a move lower after the fake out in markets to start off the session. The day's low was tested and took a short at 19.20 but buyers wanted it down here and got out and flipped long at 19.24 and 19.30 exiting at 19.40 with lots of chop going on and a lack of runners I decided to stay cautious with some bigger size taken here. Stayed flat after this as directions are proving to be particularly volatile long bias remains on FMG but timing is key as tomorrow is sure to prove to be a challenge again.


ASX end of day trading review 27 01 2022

  

ASX end of day trading review 27 01 2022


ASX end of day trading review 27 01 2022ASX end of day trading review 27 01 2022

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