LYC 3.43% $6.34 lynas rare earths limited

over here ladies :)), page-2

  1. 1,146 Posts.
    lightbulb Created with Sketch. 1
    dg - thanks very much for the info on the other thread.

    dg wrote "When we see a short setup, we place a sell stop under the no demand so we only get filled as its confirmed"

    In a long vsa setup, the rule seems to be to wait for the close of the bar following the no supply bar before entering the trade. So how come in the short setup you don't wait for the close of the bar following the no demand before entering? Is this just because the SP drops like a stone after no demand?

    Does look like the SP will struggle to get higher today with the high volume (11.3m) / narrow spread ($1.32-1.35) 11Oct opening 30min bar sitting just above us.

    Also thanks mitta for the excellent analysis as always - hope the funny mentals aren't getting you down too much :)
 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.