Triggers broom
23 Mar 2018
Re: Two days of drops All good reasons I am zely but I think it's been dragged down by the geo-political murmurs around Ukraine and Russia. I think the two anal cysts (doffs hat to LKH) have come to a similar conclusion and figured if it does escalate they'll look like geniuses. I've been down to nearly single figure pennies and back with this so not overly concerned at the moment.But, who knows what's around the corner.
I am zely
23 Mar 2018
Two days of drops What is driving the price down after generally very good results.My list of possibles and/or probables:Huge Samarco iron ore Mine in Brazil producing again soon?Ferrexpo pellet line shutdown for 65 days 2Q.Growing Iron Ore stockpiles generally.Recent drop in iron ore price $78 to $68.Trump tariff war in the offing.general sentiment.Brexit.Two very recent broker downgrades to 130p and 220p. Not that brokers know sh't! Not that long ago they virtually all missed the climb to over £3 ps. At some point very soon - even could be today - this is going to be a great buying opp.Z
onedb1
22 Nov 2017
Re: Any news out there? yes its bounced off support ( 38,2 fib) , I thought it had good odds of reaching 217 (50% retrace) but it didn't happen . It pays to avoid second guessing and to wait for confirmation . Always on a uptrend though am not in . I think fair value here is around £3 give or take 10% each way. Loved this chart when i first bought at 70p and kept on trading , all commodity stocks that are producing have given me the best TA based results . Interest rate related stocks and commodity stocks work best for me .
I am zely
22 Nov 2017
Re: Any news out there? Seems to have dropped far enough and now on a climb back up, based on stronger iron ore price - could be short term though. I did buy a few thousand on the dip and just sold out for a few pence increase - have been buying into JAY and profits in fxpo have helped to increase my stake in JAY.No advice offered in this respect. Let's see what the budget effect is?Z
onedb1
15 Nov 2017
Re: Any news out there? Hi ZelySentiment and profit taking after a long good run, plus a flat iron ore price of late after the good run it had and China data probably. I could not but notice the near perfect 38.2 retrace ( 52 week high/low ) with what looks like a hammer candle stick today . Doji maybe or probably ? But what matters is the long wick ( shade) shows bulls came back . For how long we don't know. Now this may be a show of support and bulls coming back in which case its a good sign .But I would not place a bet on that . Near oversold RSI at 34 or this current level fails and we retrace to the 50% retracement level .(217p) Given the current down trend I would personally prefer to stick to the trend is your friend saying , and the short term seems down , long term its still up . Look at both the 20 and 50 day moving averages = down 200 sma = up Am all out for quite some time. So no positions here. To conclude I would tend to believe 217p ish is next target just about where the 200 day moving average is now ( 215p ) What happens there will be crucial if it gets there. Hope that helps and please note its just my opinion no advice etc etc. ( see chart )[link]
I am zely
15 Nov 2017
Any news out there? An amazing run up to over £3 and now an amazing drop back down again. What's driving this at the moment?Z
onedb1
13 Nov 2017
Re: Retest of 85 ? ? My first long was at 70p . I was long nearly always bar 2 shorts on the swings, Here my TA worked very well. These are the sort of charts I hunt down . Plus at the time i felt it was trading quite below NAV and had a low P/E too. Must say that AIM stocks worth a penny or less get all the posters reading whilst over here there were only a few of us posting and some had positions even lower than 70p ... Whats the saying about the quiet ones.... My best 2017 trades were on FXPO . all out now as per previous posts
Ripley94
29 Oct 2017
Re: Retest of 85 ? ? Held this some years back was looking at it again mid January 2016 , when it fell to 16p.Notice onedb1 and penhome started posting around September 2016 when it had recovered to 85p .Buying into the rise defiantly paid off here as now around 300p.Two fold increase .. but the increase from the bottom to 85p was three fold !!!And over a shorter time .Was a good time to buy most in the sector ( Missed this but got Glen and S32 )
onedb1
21 Sep 2017
am all out of FXPO been an amazing journey but got caught today on my last trailing stop . I just noticed it too. What an amazing set of trades here . I like the stock and will keep an eye on this one . But at the moment i hold zero stocks /cfds etc
onedb1
07 Sep 2017
Re: This is...... I made the same mistake. Bought at 70 , reduced at 175 and other levels and went out at 240 my target . Had to buy back in and leave a trailing stop. In my case I did not trust my nerves and had too much to lose , it's been my best trade with Aca short in the last 12 months ( oh Ithaca energy too) . The strategy never actually gave me a sell signal . This is what happens when one manually interferes and when a p&l become too big . Can't blame your decision making as its hard to watch a big profit vanish .
Triggers broom
01 Sep 2017
Re: This is...... 5 Iron - "Why didn't I buy more at 15p last year!. Why did I sell some at £2.20?"All ifs and buts mate. We were at this SP only a few years ago until VP stepped in to the mix so not without potential future risk. Just glad I held on from £3 down to 15p as I'd more or less written them off when the crisis was peaking.Like you I wish I'd been braver to accumulate more at those levels but hey ho. Enjoying the ride back to the previous highs of £5 hopefully.
5 Iron
01 Sep 2017
This is...... Getting seriously good! Why didn't I buy more at 15p last year!. Why did I sell some at £2.20? Thankfully still have a good wodge remaining-- all now free. Same with Kaz. Needed this to eradicate losses from afren, rrl, xel and gkp. Someone showed mercy on me!
oldjoe1
29 Aug 2017
FXPO On the verge of a % year Break Out... FXPO Ferrexpo.. iron ore miner. On the brink of a 5 year break out and further gains to be had. ????Forward P/E of just over 9 to 2018😃 very cheap still.
5 Iron
18 Aug 2017
£3 next! Will we get there this month and then is £4 on the cards? Also Kaz is going same way after fantastic results. My best two buys last year. Amazing!
5 Iron
09 Aug 2017
Re: Beaten my wildest expectations Yes it shows it is possible to make some money but I only topped up with 2000 at 15p ie £300 - now worth £5400 18 months later. ( my average now on my FXPO holdings is 49p) If only i had done that with every £300 in my portfolio!One things for sure - I wouldn't still be here tapping away!However this and Kaz have helped save me from my Afren, GKP and XEL disasters!
