From the daily archives:

Friday, April 27, 2012

April 27, 2012

Each Way Profits

Day 9 (27th April 2012) of  Each Way Profits.  Two selections: two losers.  Net loss  of 6 pts.

Return on the day -6  pts

Starting bank        200 pts

Current bank          206.6 pts

Running P/L        6.6  pts

Filed under Each Way,Horse Racing Systems by Julian Daniels

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April 27, 2012

Value at the Races

Day 33 (27th April 2012) of  Value at the Race. Three selections: winner, one non-runner, one void.   Net profit  of  26.7  pts.

Return on the day  + 26.7  pts

Starting bank         500 pts

Current bank          400.8 pts

Running P/L        – 99.2  pts

Filed under Backing,Each Way,Horse Racing Systems by Julian Daniels

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April 27, 2012

Trade Vantage

I’ve spoken with the guys at Trade Vantage and it appears they are using the boring old ‘scarcity’ tactic in their marketing and it’s currently not available. Having a limited number of subscribers, or people using  a system in sports betting is understandable for certain products because too many people using one method really does affect the bookie prices, or Betfair prices. This simply doesn’t apply to forex trading so it does annoy me when companies adopt the scarcity tactic as part of their ‘launch sequence’ (another marketing tactic I loath).

Anyhow, it would appear they are going to open it back up as ‘evergreen’, their word not mine, in about 45 days. Just long enough for people to forget that this was closing forever. Sorry, am I sounding cynical? It’s been one of those days.

So my apologies to anyone that’s been trying to download this software today, you can’t have it now. Still, Art will be able to test it for the next 45 days and then, when it does miraculously become available again, at least we’ll have a good idea if it’s any good or not.

Cheers!

Filed under Forex,Spread Betting by Graham

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April 27, 2012

Payback Trader

What is the system all about? Essentially Jason describes the money markets in terms of “money makers” who essentially drive the markets to certain levels to take out stop losses and then reverse the trades in the opposite direction making a killing in the process. He is able to ascertain where these levels are so we can profit from the same moves the “money makers” make. Please note you can find these levels on your own after a bit of practice but it is helpful to cross check with the daily alerts to check you are accurate.

The system uses lagging indicators to identify the alert levels but they are not necessarily used during the trade although they can be if you wish so don’t be put off by this. The system concentrates on GBPUSD and EURUSD but I see no reason that it couldn’t be applied to other FX pairs.

One thing I don’t like about Jason’s systems is the fact that he then provides analysis the day after which is akin to “here is what you could have won if you had traded it just like this”. This just doesn’t work as there is a certain amount of interpretation of what to do when an a alert level is hit, e.g if the market is hitting the level from below then it should be a sell and when from above a buy but there are enough cases when this just doesn’t happen. A recent addition which is very useful is the inclusion of a beta traders results along with her reasoning for taking trades. I found this very helpful and so will you if you buy the system.

Enough of the bad stuff, this is a sound system with good content and a members area and e-mails are always responded to promptly. I just don’t like the fact that Jason then says you could have made 100 pips on this move if you had the guts to stay in it when in reality you would have had to forsake many alert levels in between to achieve this result!

Ok so final thoughts on this system. But before that a recap on a week which has seen the GBPUSD sit in a tight range on multiple days. You may recall I said way back at the beginning of the trial that this system works better on smaller ‘ranged’ days as the market plays between the alert lines. The same is true of this week, even on the two days where there was a 40 pip range I still made 25 for the day.

On the 25th April it was announced that we were in recession again. What did the market do? It climbed to an alert level and then sold off for up to 100 pips to, you guessed it, another alert level.

I think I have said during most posts that this system works. Is it the holy grail? No, of course not, you still need to make decisions and based on that everyone will get slightly different results. BUT, this is the closest thing that I have seen to date that will put you in areas where you know the market will move from with unbelievable accuracy.

This goes firmly in the “APPROVED” section of the website, and the great thing, as usual is it is risk free as you have a full 30 day money back guarantee.

Give it a go today and you won’t be disappointed.

You can get Payback Trader on a 30 day trial here:

http://www.cash-master.com/paybacktrader.php

Filed under Spread Betting by Jonathan Wakefield

1 comment

April 27, 2012

Trade Vantage

I am looking at Trade Vantage, a free piece of software (currently) that utilises the power of neural Networks to analyse ForEx markets and generate signals.

I have downloaded, and for me all I had to do was enter my email address; I have heard that there are slightly more hoops to jump through now.

I then ran the software and started to record any trade which were being opened that day, or any previously open trades currently showing a loss on the basis that if these come back in to profit they will trigger the advised price.

I have looked at the trade history contained in the tool, these are, of course, unverified by us. There are currently 23 pairs to trade. Once per day (I have set my software to European times so 8 am for me but you could check at lunchtime each day instead) I need to check the advice. I will be using IG Index as the data feed to check whether trades and stops etc have triggered.

At the time of writing these pairs show the following pip totals:

ForEx Pair Total Date of 1st Trade
EURUSD

7088

15/06/2011

USDCHF

6167

30/06/2011

GBPUSD

6630

31/05/2011

USDJPY

2632

08/07/2011

USDCAD

4376

19/07/2011

NZDUSD

5996

18/05/2011

AUDUSD

7444

12/06/2011

AUDNZD

3791

19/06/2011

AUDCAD

3797

15/06/2011

AUDCHF

7493

19/05/2011

AUDJPY

6593

08/05/2011

CHFJPY

8236

01/05/2011

EURJPY

3096

28/06/2011

CADCHF

6894

10/05/2011

CADJPY

6016

01/04/2011

EURAUD

6732

04/07/2011

EURCHF

5178

10/07/2011

EURJPY

8294

24/05/2011

EURNZD

9205

03/07/2011

EURCAD

7224

10/05/2011

GBPCHF

8260

23/05/2011

GBPJPY

7628

01/05/2011

NZDJPY

5062

10/05/2011

 

A total of 143,832 pips. The first trade is shown as 1 April 2011, so this is total is in 13 months. Very impressive indeed!

However, we are trading daily, and I feel that you have to at least cover the “max intraday drawdown” for each pair, and then I have added roughly 100 pips to give a little headroom, and consequently my stops are between 200 and 350 pips.

The reason this is important is that it will affect the margin required to trade. A 200 pip stop at £1 per pip, and using good money management of risking no more than 3% on any one trade will require a bank of around £7,000, but 350 pip stops requires closer to £12k. GKFX and Alpari do allow 10p trades though, so this makes the initial bank requirements more manageable. Remember to use their SpreadBetting platforms though!

23 pairs is a lot to trade, so please use the pip totals above to focus on the more profitable pairs, EURNZD for example whilst building your banks.

I will be using the Cash Master standard £10 per pip.

Filed under Forex,Spread Betting by Arthur

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April 27, 2012

Football Value Selections

Day 37

27-04-2012

There are ten selections for this evening.

FRANCE: Ligue 2 Chateauroux - : - Lens Chateauroux 2.5
FRANCE: Ligue 2 Istres - : - Arles Istres 2.05
FRANCE: Ligue 2 Le Havre - : - Reims Le Havre 2.63
FRANCE: Ligue 2 Le Havre - : - Reims Draw 3.1
FRANCE: Ligue 2 Le Mans - : - Laval Laval 4.6
FRANCE: Ligue 2 Le Mans - : - Laval Draw 3.3
FRANCE: Ligue 2 Tours - : - Bastia Tours 3
NETHERLANDS: Eredivisie Groningen - : - De Graafschap Draw 4.6
NETHERLANDS: Jupiler League Helmond Sport - : - Dordrecht 90 Dordrecht 90 3.4
NETHERLANDS: Jupiler League Volendam - : - Eindhoven Volendam 2.5

Filed under Football by Stuart

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April 27, 2012

Easy Lay Elite

Day 18 – 26 Apr: 7 winning bets and 2 loser
Using emailed prices of 8.6 or less: -£66.50
Using emailed prices of 41 or less: -£209.50
Using BSP of 8.6 or less: -£43.70
Using BSP of 41 or less: -£129.70
Using 8.6 in-running: -£91.20
Using 41 in-running: -£120.20

Overall : 138 winning bets and 18 loser
Using emailed prices of 8.6 or less: £40.00
Using emailed prices of 41 or less: -£715.00
Using BSP of 8.6 or less: £170.30
Using BSP of 41 or less: -£435.90
Using 8.6 in-running: -£162.20
Using 41 in-running: -£1159.90

 

Please note that the winners and losers totals apply to all selections, unfiltered. Hence, each of the different strategies below will have different number of selections, winners and losers.

 

It looks fairly obvious now that either getting Betfair early prices or taking Starting Prices when price is 8.6 or below is the way to go.

Filed under Horse Racing Systems,Laying by Arthur

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