Recent content by fibbo

Hi All I spoke to Grey1 yesterday and he wanted me to let you all know that he has no internet connection at the moment, thats why he has been quite of late. He has not had any internet since the 9th of jan and wont get it back untill the earliest 23rd Jan at which time he will answer all mails...

Hi Raj...Nas .........my take on fridays market and RHAT trade is that...we can still use GREY1s strategy 1 and 2 in a consolidation market ...providing the stock in question is a good deal stronger/weaker than the market, RHAT obviously fit into that catogary so IMO a very valid trade. NAS you...

Hi Kako The +50 / -50 figures are the INDU. Use daily MACCI and then the exhaustion engine for intra-day to help determine INDU strength. like i wrote in the post it is only a "cheat sheet" so i have not put in any time-frames or other details of the strategy because my assumption is that...

Hi all Yes i traded with Iraj yesterday afternoon and he helped me make it 5 for 6 but more importantly i am learning more each day. One thing that i am having difficulty with is taking a new trade when the stock has already run a bit, this is somthing i am working on and my intention is to...

Hi Frank Thats very kind of you to say so. Grey1 wanted me to confey my experences as best as i could so other people in our position would also learn as i was learning and to tell the truth i have found it more difficult than i thought it would be, but putting into words what i am learning...

Quote Traded the makret with my second loss in 5 month due to over looking the oil inventory data which spooked the market pushing it down from 89 points to 40 points in no time and as a result I gave away $890 . In many occasions i recovered the Loss but did not take what was on the table (...

Hi Thanks for the advice....At the moment i am following Greys lead and asking as many questions as i can. I will keep my own trades small untill i really know what i am doing. Steve

Tuesday 12th september Hi all First my thoughts on the JOYG trade…….Because we were expecting the market to pullback we shorted what we decided was the weakest stock on our blotter……the market did not pullback as expected and JOYG did not fall. Now to the point …..Because JOYG was a counter...

Hi all I will write somthing tomorrow from my real job(time willing) in the meantime i am cream cracker-d. Regards Steve

Monday 12th Sept. Hi First let me say thanks to Samtron, Quercus and Moreagr for also sharing and the words of encouragement. I suppose we just have to keep plugging away, simple really. Our trend bias was down for today and so we positioned ourselves for that direction shortly after the...

Hi Raj as i have said before i wont be posting my blotter. While Grey1 is helping me i am more or less following him. So as he posts his blotter then all the info is there. My aim is to try and pass on the some things that i learn while trading with Grey1 which will help out other traders that...

Hi everybody, Thursday 07/09 i traded with Iraj. First a few words about my self. I am not a profitable trader and have, over time developed some serious psychological issues which seem to have taken over my trading, in the worst way. After 3 years of losing and jumping from one method to...