FMG buy trade
WHC buy trade
WPL buy trade
Held WPL long over night from 30.38 with a slightly wider stop but the oil rally and WPL breaking out close to the end of day yesterday made this appealing to get into. Out at 31.39 after the dip buyers started stepping back even with the oil price remaining steady near recent highs. FMG long from 19.09 out at 19.00 with the gap up not holding up with IO pushing higher over night not enough to keep FMG over 19.00. WHC long from 3.91 playing the coal rally with WHC holding over WHC but a brief visit to 3.95 saw a lack of follow through and got out at 3.86. Calling it here with two losses and will revisit how today plays out with pull backs happening currently more opportunities await for tomorrow.
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