As always good luck with your trades Rorkes,
but first up mate why do you think its oversold ?
what timeframe do you mean by your ST ?
also what's the present market structure telling you ?
btw ... if you got the last one correct you wont need a stop will you :) ?
"...much safer and easier to trade with the momentum, why stand in the road of a bearish intraday tide like today, work out what the daily market structure is or the next timeframe up is, and then trade with that direction, let the price take you into a position don't hope that it will stop and reverse at your entry, do it the correct way and sometimes no need for stops"
As always good luck with your trades Rorkes, but first up mate...
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Last
$6.40 |
Change
0.000(0.00%) |
Mkt cap ! $5.982B | |||
| Open | High | Low | Value | Volume |
| $6.47 | $6.48 | $6.34 | $20.28M | 3.161M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12848 | $6.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.40 | 17965 | 2 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |