End of day trading review 08 03 2022
FMG buy trades
WPL buy trades
FMG was a dip buy at 19.30 out for scratch as 19.40 sellers held up, second attempt at 19.16 was stopped at the low of day with 19.09 hit. Commodities have been in focus recently and IO included although it wasn't on for a run today and didn't want to re enter with the situation looking more unclear given the lack of a bounce. WPL as an oil play was taken with long at 33.85 out at 33.75, re visited this one at 33.60 although a bit late had vwap as the stop and buyers came in stop was moved to break even which was hit after oil rolled over and that is it for today with a couple of losses and time to see how things play out for the rest of the session.
Daily total = -1.7R
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