The Simple System Revealed

Hi again , finally we are here to reveal the system what you have all been waiting for lol . Right the system is very very VERY simple . To start off load up your charting software , i use igindexs charts , but any chart is ok . Load up the ftse 100 daily cash on a 15 minute chart with the macd and the stochastic indicators . What we are looking for is the macd and stochastic to be going up to go long when the markets open ( Vice versa if the macd is going down and the stochastic is going down we go short ) . We are looking at the macd histogram here , so basically we are looking at the red and green bars . We only do this for when the market opens at 8am UK time and we take 8 pips . Make sure that you do this at 8am in the morning when the market opens not a second later because you could loose some valuable points . However if the stochastic is going up and macd is going down what should you do ? To be perfectly honest if you a wanting to keep this safe profit i would not trade on that day . Normally if you are going for a risk if would go off the macd but like i said if you are going for safe trades just dont trade . Just demo trade this for a month or however long you wish to demo this , but i will be trading with real money tomorrow and i will be posting results after the trade is complete . Like i said it is a very very VERY simple system but it works even if you like over the past month at it and you will see you would have won the spread bet everytime . We stick to a 50 stop loss and the rules above and you should make a profit from this . Thanks for everyone reading this and I will be posting tomorrow like i said .

Thanks again.

L. Gray ( Trader123 )

10 Week Trading Plan Starting 27th April 09 £60 to £3980

Hi first to let you know , this blog is simply just going to be trading the ftse 100 daily cash .We'll be spread betting, i'll be starting off with a extra low capital of just £60 and we are going to go off a 10 week plan of eventually going from making £40 in the first week to £1200 a week in the final week of the 10 week plan ( Hard challenge eh ? ) . We'll be taking 8 pips a day , a total of 40 per week , at just £1 per point for the first week with a stop of 50 . We will then go to £2 per point in the second week , 3rd week £3 per point . 4th week will be £3 again , 5th week will be £5 per tic , 6th week will be £8 per tic , 7th week will be £12 per point , 8th week will be £16 per point , 9th week will be £20 per point , then finally on the 10th week we will be trading at £24 a point which after the 40 points we take will be £1200 over the week. The system is very simple and havent found anything better or simpler over the years of trading i have done . This is the first blog of many and i will be going through the full 10 week plan leaving new and fresh blogs after every week or dayof trading .

Next blog will be due on the 26th of April 09 with system on .

Thanks for reading

L. Gray