FMG buy trade
Waited for price to move lower but didn't happen and 17.00 held up with IO stable on Friday and the AUD not offering much signs of strength which is good for commodity prices. I went long from 17.05 and had no clear sign to exit the position leaving this to play out tomorrow, initial target will be 17.40 to take off half and the stop loss is at 16.80 .More downside if 16.80 is broken and won't hold long through that still uncertainty remains in the market but the daily candle closed not terribly so ok to see what happens tomorrow.


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