Multi time frames. Watching EOD Daily high/lows/close, then using 1hour or 30 min opening range chart for direction, confirmed on 15 min, then entries on 5 min. Watching the DOM and order flow more than anything. The plan was formulated in the last hour of Friday's trading, 1.46 number. which I posted somewhere. I just needed confirmation and that happened yesterday but was a bit dodgy on the close due to low volume. Today's open was slow, managed to get a small position and once the opening range was holding I ending up buying more around 12 o'clock, and a few more a bit later around 3 pm. The market was quite thin till then.
My trades are nearly always planned out prior the market is opening so all I need to do is execute.By the time my order was filled I was paying 1.56 and still have pending orders lower. Because you know the fundamentals are solid it's a relatively easy trade to do. Simply because if I get caught out holding I know it's just a matter of time. This stock is going to offer near perfect trading opportunities as the trend develops.
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Last
42.0¢ |
Change
0.030(7.69%) |
Mkt cap ! $57.45M |
Open | High | Low | Value | Volume |
39.0¢ | 42.0¢ | 39.0¢ | $22.26K | 55.87K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 843 | 39.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
42.5¢ | 25000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 843 | 0.390 |
2 | 29517 | 0.380 |
1 | 6000 | 0.375 |
1 | 22500 | 0.370 |
2 | 53888 | 0.360 |
Price($) | Vol. | No. |
---|---|---|
0.425 | 25000 | 1 |
0.440 | 7000 | 1 |
0.445 | 1391 | 1 |
0.450 | 2000 | 1 |
0.480 | 10000 | 1 |
Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
39.5¢ |
  |
Change
0.030 ( 0.00 %) |
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Open | High | Low | Volume | ||
39.5¢ | 40.0¢ | 39.5¢ | 6629 | ||
Last updated 15.59pm 14/06/2024 ? |
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SMN (ASX) Chart |