Ferrexpo Share Discussion Threads

[foxy22] 18/10/2018 13:23

Ken says mm's are holding it back

[foxy22] 18/10/2018 13:22

Well fxpo is following all miners todayMy 2 other iron ore plays are as u know fmg and vale..vale is rocketing...fxpo should tooBut this brexit etc ....??

[arja] 18/10/2018 13:19

I do short very occasionally foxy22 but get it wrong more than right and feel more
confident going long . A pity that margins increased enormously after an EU ruling as I used to like to accumulate with spreadbets . I am a big remainer but wish the EU had kept their nose out of derivatives ! Yes , sadly FXPO suffering too and I almost
went long at 221 and glad I held off .

[foxy22] 18/10/2018 13:04

Derwent looks interesting...at least its in the green...these miners look like they are tanking today.A r j a do u ever short....

[arja] 18/10/2018 09:59

DLN looks good foxy22 but a bit slow moving and neeeds too big a move in day to make
much money and too much paid to CFD provider - they never lose and I hate the % formula rather than a flat fee ! ( smile )

[arja] 18/10/2018 09:40

looking at FMG chart, if it breaks 400 resistance , it could motor . But still in medium term downtrend and may be short covering.

[ken tennis] 18/10/2018 04:44

Foxy I think MMs have been holding this back especially yesterday when ore was blasting higher and it’s nearly at $72.5 ton at mo so I agree we should see some upside in FXPO in the next week.

[foxy22] 18/10/2018 04:39

Iron ore strong maybe fxpo can breakout this week

[foxy22] 18/10/2018 04:38

Been up watching oz...fmg up...mining stocks should go up alcoas results goodish!!goodnite

[arja] 17/10/2018 16:35

I reckon that KAZ and GLEN are good tradding stocks but need a CFD account . OR are those stocks exempt from SD ? In OZ there is no SD which makes life easier

[arja] 17/10/2018 16:16

foxy- looking at GLEM chart , it seems to suggest it is only for trading when oversold or overbought in day. IMO chart shows a downwould pattern and I think it is more likely to hit 280 again rather than get to 400 . Having said that , no doubtit will
rocket tomorrow ! ( smile ) . always keep eye on DOW and USA indices when buying .

[foxy22] 17/10/2018 14:24

I was looking for some alternatives.I will certainly stick with fxpo

[foxy22] 17/10/2018 14:23

No I dont but I am a bit fed up with price action of glencore etc by the way do u think glencore will recover this year to 4 quid

[arja] 17/10/2018 13:37

I see Ocado in nice short term uptend after falling for a while ! Looks like resistance at about 900 . good luck if you hold

[arja] 17/10/2018 13:35

it does foxy and IO got it wrong today and cut loss too early !( wry smile ) . When i disobey my own trading rules, I almost always come unstuck but sometimes human
nature tales over . need to act like a machine and especially against this algorythmic trading . NMC was just an example of a stock with a wide trading range but have not cjhecked it;s chart lately .
KAZ now slipping after getting to 230 resistance again but dow futures off 200 so far - it was just a relief rally it seems but based on good results as you said

[foxy22] 17/10/2018 12:43

Agree its almost impossible to ascertain daily trend of these mining stocks...I would imagine makes it tricky to trade

[foxy22] 17/10/2018 12:41

Let me have a look at nmcOcado got double upgrade ??

[arja] 17/10/2018 10:04

look at NMC trading range today for example . hoping this crazy brexit can be avoided and then we will see quite a rally .

[arja] 17/10/2018 10:01

they have but I think I might start to focus on steady uptrending industrial stocks
as a bit easier to read . Stocks like FERG and NMC .

[foxy22] 17/10/2018 09:31

A r j a never say never resource stocks perking up a bit

[arja] 17/10/2018 09:19

hard to know what will happen tomorrow , never mind the next few months foxy ! ( smile ) . dow now retreating and mining stocks no rising!

[arja] 17/10/2018 08:43

hxxps://markets.businessinsider.com/commodities/iron-ore-price

[foxy22] 17/10/2018 08:40

A r j a I agree more action on the s and p and nasdaq netflix etc.I hope these mining shares are going too rocket next few monthsBut im not sureWhat do u think....

[arja] 17/10/2018 08:40

iron ore price rising a bit today but not helping much but pound stronger and copper down