--------------------------------------------------------------------------------
Morning every one, has anybody any info on the following, like what system this could be. If any one has it, is it workable? much appreciated, uses a 40 to 50 points stoploss and has 75% success rate.---------------------------------------------
What does the System consist of?
Surprising little actually. It shows you how to compare 2 separate pieces of information freely available online and work out
which way the FTSE 100 will move.
Now think this through carefully!
If you ignore the days of little or no movement then there are only 2 possible outcomes
The FTSE 100 will either go up or down.
That is a 50/50 chance or evens.
Tossing a coin and betting up for heads and down for tails would win half the time.
The System returns 70 – 75% correct forecasts which is roughly a 3/1 return.
At first the System requires only about 20 minutes to work out.
As you get more familiar with the forecast you will find the time factor reducing significantly.
It is for this reason I recommend paper trading for the first 2 weeks.
The market has always been there and it will still be there in a couple of weeks time.
You simply compare 2 separate pieces of information in the evening or early morning and prepare your bet
ie. (Decide whether to BUY or SELL the "DAILY FTSE 100")
Check the News headlines the next morning for any contra indications and place your bet. You can now watch it and exit if you wish or just let the bet close with the market at the end of the day.
PS This is not a cumulative system, what happened last week or last month has no bearing on the prediction method..... The indicator will only tell you the likely movement for the
NEXT TRADING day.
You will not have to keep old historic charts or records or even consecutive records.
Monday evening predicts Tuesday movement,
Tuesday evening predicts Wednesday movement, and so on.
The evening prediction is always for the following TRADING DAY
Morning every one, has anybody any info on the following, like what system this could be. If any one has it, is it workable? much appreciated, uses a 40 to 50 points stoploss and has 75% success rate.---------------------------------------------
What does the System consist of?
Surprising little actually. It shows you how to compare 2 separate pieces of information freely available online and work out
which way the FTSE 100 will move.
Now think this through carefully!
If you ignore the days of little or no movement then there are only 2 possible outcomes
The FTSE 100 will either go up or down.
That is a 50/50 chance or evens.
Tossing a coin and betting up for heads and down for tails would win half the time.
The System returns 70 – 75% correct forecasts which is roughly a 3/1 return.
At first the System requires only about 20 minutes to work out.
As you get more familiar with the forecast you will find the time factor reducing significantly.
It is for this reason I recommend paper trading for the first 2 weeks.
The market has always been there and it will still be there in a couple of weeks time.
You simply compare 2 separate pieces of information in the evening or early morning and prepare your bet
ie. (Decide whether to BUY or SELL the "DAILY FTSE 100")
Check the News headlines the next morning for any contra indications and place your bet. You can now watch it and exit if you wish or just let the bet close with the market at the end of the day.
PS This is not a cumulative system, what happened last week or last month has no bearing on the prediction method..... The indicator will only tell you the likely movement for the
NEXT TRADING day.
You will not have to keep old historic charts or records or even consecutive records.
Monday evening predicts Tuesday movement,
Tuesday evening predicts Wednesday movement, and so on.
The evening prediction is always for the following TRADING DAY
