End of day trading review 22 02 2022
FMG buy trades
FMG sell trades
FLT buy trade
Will start with FLT long which was a long at 20.20 out at 20.12 with support no holding didn't pursue a short with FMG a long at 19.43 rode up and down unfortunately to the low 19.80's ending the day with a 7R loss. The take homes here were that waiting for the initial open to play out with a clear high and low formed works best for me. Holding my long during the Russia situation was very ambitious and won't be playing around taking profits from now on such as FMG in the 19.80's was a clear point where buyers were lacking. Scalps followed in the final 90 minutes of the session short biased but this was lacking follow through and not panic stations with the Russia news as markets held up ok. The focus remains what has been working whilst considering the market conditions more closely, such as FMG breaking high of day into a Russia invasion announcement needs to be properly considered and caution shown.
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