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End of day trading review 28 02 2022

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#OPINIONLEADER#


WPL in long at 28.52 after price held over 28.40 and oil was moving higher got wicky pushing into 28.80 sellers got out at 28.64 for just better then 1R. NST was a 1R loss got in at 10.12 out at 10.08 with both gold and oil being a tad tough to read for me and left it with 10.05 catching a bid in case of a rug pull given the markets being a chop fest. FMG first long at 17.74 out at 17.65 this was revisited as a long with IO opening up strong and the markets moving higher FMG gap down was slowing catching some buying attention taking the long 15 min after IO opened and held up over 705 yuan per tonne and the dip was bought as 17.90 was broken out at 18.22 for a 3R and good to be back after a rough patch in Jan & Feb determined to refine my risk management and get things back on track. Will stick with positing R instead of PnL for now until I feel a bit more settled. Conditions in markets were all over the place with so much news coming out but FMG was lagging a lot compared with the other miners and went with it.

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