ASX end of day trading review 16 09 2021
FMG buy trades
FMG sell trade
Was a nice short at the break of 17.60 or even 17.50 but left it until 17.38 where I went short and closed my long position average of 17.88. I did take a big swing on the long and I have taken a big swing short here with a target of 16.00 at least if the iron ore price continues to free fall back down to 100 or below ideally. Exit plan for the short will be fast if 17.50 if broken with high RVOL and decent bidder volume.
Entry depth: 08:24
Exit depth: 10:40
Entry/exit depth: 12:06
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