GKP

well that 87p that jacko and i discussed some 9 months back finally arrived. break of 134, 112 ,103, 97, 87 - 87 must hold or 67/54 p is next up.

good bounce from 87p, needs to hold 102 > 112 n take out 121 for higher. no break no higher.

no emotion - just price

in the end reverted back to original projections, chart updated to reflect that and with this move down the structure of the whole move looks much more better. however if indeed this is the low then we should expect a decent move up over time. this has lot of work to do and prices to get abv




dl.dropboxusercontent.com/u/40497882/Gul...20%28DFB%29Mar21.png

good luck to those invested in this company.

all imho, dyor.

rgds WS

As predicted...
Now comes the interesting bit...
If gkp tests 87 again...don't go long. 87 was only ever good for the first attempt so make certain you don't go long if this level gets tested again. A second attempt now would be dangerous and if that level goes then this could really drop ...so care should be given now...
Good luck....
Trade smart.

remo wrote: Hi stranger ...lol...I've not seen your post for yonks ... Hope you are doing well.
As for gkp.....well the best place to go long is 87. It all depends on your risk. If you believe in the company then do what is right for you.This current area is a psychological area ...a break and finish below 1 pound would not go down to well ..but 87 is strong support and I'd be shocked if that level does not hold.
GKP still,have oil,in the ground so can't be all, bad...lol

livenow wrote: Hi remo, hope you are doing well.. GKP has been a great roller coaster.. i have been completely absent from main board since feb . I sold a lot of GKP between 155 - 160 mark and luckily i have kept it in cash rather than immideatly reinvesting in SXX.

Do you reckon GKP will go down to 87p ? wondering if I should buy a little bit here at 103 and then see how it goes..

Good to see that Todd Kozel & his cronies have proved me right cannot believe how much abuse i got from the usual delusional crowd on there .. And still amazed at how those folks are clinging on to their delusions.. Ah well , atleast they cannot say that the sp is now 103 because of a boiler room , paid basher like me


Jacko : hope you are well too sir.. and will be good to hear your views too..

thanks Remo. bought a handfull at 103-104 today. Agree about 87 retest will not be a good sign.
hoping that Tuesday it will list and TK/JG/EA will be shown door very soon ( withing couple of weeks would be great ) ..
As long as M&G4 are on board , gives me comfort.

Though i will be bailing out of these ones at 140 levels when & if it reaches there ( subject to my holding period restrictions )

Hi guys,

GKP has held at support of 100p today which seems is good. I believe GKP is been listed tomorrow onto the FTSE 100 so all we can do is cross all thing possible and hope for the best.

Anyone else feel the gap at 139.83-143 need to be filled?

I have opened an account with TD direct investing on sunday because I wanted to dabble in short term trading and HSBC dont do stop losses and limit etc.

I did buy some GKP at 106.7p this morning with a stop loss at 95p . I am really new to short term trading so it is going to be a steep learning curve for me.

Any suggestions or pointers would be most appreciated even if it means heavily criticizing me I want to learn.

Hi Mine the Money,

Well, you've come to the right place if you want to learn about trading!

The best advise I can give you is to keep it simple and stick to the rules. And I mean STICK TO THE RULES. There is ZERO room for hope and expectation in trading (something I'm still struggling with) and only a clinical approach will have a chance of winning.

To that end, I strongly advise that you look each week at remo's share tips (see tab above - you may need to subscribe to access it but it's worth every penny 1000 times over imho) and see how simple trading strategies can reap their rewards.

A good example: you'll note if you look that GKP almost never appears in remo's tips. Why? Because it's very rarely at a key trading level (it's mostly a sideways moving share which will take your money every time). With all due respect, your 106p entry is technically in the middle of nowhere and your support at 95p the same. This share should only be entered now on a 123-low basis (see the learning section of CV) or on a drop to the next support at 64-67p. The gap at 138-144p may well get filled but, imho, that is a clear sell area.

You'll also find that most, if not all, the successful traders on here know next to nothing about fundamentals (and care even less probably). This becomes even more relevant the shorter the timescales you want to trade.

Finally, if you've been drawn to trading because you've been burnt by GKP's price history then can I urge you to be very careful. Trading is not easy (though the PIs on III will tell you that it is and that they're responsible for what's happened). It takes a lot of work and discipline and you must be able to deal with failure (losses) on a regular basis. Strict money management is absolutely critical.

Even then, when you've learnt all about TA and money management, you still need to be able to make good decisions. Like any top class sports person, training is key but you still need to be able to perform in the high pressure environment of competition or to play what's in front of you and not what you learnt on the training pitch. Nobody ever won a gold medal in training so I urge you to open a demo account and practice in the semi-real world. Even pretend £s will focus your attention and show you that it really isn't as simple as taking candy from a baby.

Good luck with your venture and please keep us informed as to how you progress. We are all still learning and sometimes it's good to go back to roots and re-learn the basics

I can only echo 1000% what Jackozy has said - great advice mate!

Separately, GKP has been listed to the main FTSE 100 this morning.......
pdf.reuters.com/Regnews/regnews.asp?i=43...:20140325:nRSY0652Da