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Opinions given on this thread are just that, 'opinions' and should not be taken as investment advice. Always do your own research before making investment decisions.

Useful links: IG Index FTSEIG Trading Live QuotesFTSE Dividend Adjustments Somnus Demark Based Trading Notes updated 16 July 2016 Click Here To download the Somnus Trading Excel Archive Spreadsheet to 1 July 2016 with Trade Signals and Limit Calculations Click here Somnus Club MT4 Expert Advisor Notes and Installation Instructions Click Here If you are interested in the Somnus Traders Club, please e-mail me at Somnus.Club@btinternet.com providing the following information as you would when joining any other sort of club: Somnus thread and real name, home address, land line telephone number so that I can call you without it costing me and if you wish a mobile number as well. I will ring you one evening (by prior arrangement) so that we can get to know one another. On this thread, the masculine shall include the feminine and the singular the plural.WEALTH WARNING - Spread betting can seriously damage your wealth. All development of the Somnus trading system has been carried out with a full understanding the risks involved and with adequate capital reserves. Please do not use any information from this thread without a full understanding of the risks. Consolidated Trades Record from 4 July 2016 Somnus is based on Tom Demark's system to spot the end of a trend and places automatic EA generated index trades on the GKFX MT4 spread-bet platform. I'm trading the DAX using a trade size based on my bank. A new trade is opened immediately a valid signal appears and the limit is adjusted as the number of trades in a series increases. When the number of open trades in a series exceeds 4, the first trade is closed and a new one is opened with the trade size increased to recover the loss. This is repeated as further trades are added to the series up to the maximum setting and then a new series is started. Updated 1 October 2016 A very satisfactory first week here on MoneyAM and having had quite a bit of contact with their office, including the MD (Bullshare) I'm very pleased with the move. 7 trades closed this week and the profit of £766.93 has raised my 13 week average from £607.97 to £620.20. The projected profit for the year now suggests 90.25% and a simple back of a fag packet calculation using 18.62% a quarter compounded 4 times comes to 97.98%, which is near enough for me. My intention remains to withdraw £1,000 of each £2,000 I make and this will of course affect the results, although I'm pretty sure that with the progress we've made recently I'll still double my bank and hopefully have a little extra on 4 July 2017. I've made a major change to my settings this week, as I've increased my Maximum Trades in Series from 5 to 7 combined with increasing the size from level 6 instead of level 4. Obviously it will be some time before the changes prove whether it was a good idea. The only other idea I've had this week was that bearing in mind the more levels there are open the smaller the difference is between the various TP's, it might be worth increasing the T/P as each level opens. This is something that can easily be done manually as long as you remember to change it back when the series closes and if you are away from your computer at the critical time, it doesn't really matter and there's normally plenty of time anyway. Those who've been around for a while will know that I'm never satisfied, so I'm planning to try it out by adding 1 point at each level and see what happens. Good luck. I'm trading the DAX using the following settings Somnus Performance   To view or update member's current T/P's Click here. To view forthcoming Economic News Click here. Ken Bachelor

The level 3 short opened as expected at !0:15, so everything's going to plan this morning.

Cynic - I was only looking for a 12 month % figure. Something to compare with the 89.8% projection shown in the header. The target's really a little over 100%, but it was messed up by the money I transferred from my No 2 (experimental) account that's now closed.

I don't think of myself as a gambler, although I do occasionally have £5 ew on Group One horse just for fun.

dithered with my pin to short with Dax just shy of 10,500
as so often in life, an if only :-))

anyway, banked all bar 1 x long Dax

Thanks DreamCatcher for your suggestion.
I'm back in my old clothing now......


But I am still trying to catch my dream though !

I am the opposite end of the scale with every way with Ken; As I try to win BIG with smallest pot possible. So far, not very successful, therefore, still working on it. If interested, you can see all my tradings, LIVE & demo, all automated, here https://www.mql5.com/en/signals/192709

Not using a pin, but totally via technical analysis, as wel as money management.

you're far cleverer than me ken :-)

We seem to had a valid initial long signal at 11:15 and you know what that means.

Cynic - I'm feeling a little embarrassed having misinterpreted your thread title and thinking you were trading the FTSE. I seem to be taking all your time as there are no posts on there since Monday and even that was connected to me. Yours was the only active thread I could find, but I realise now that perhaps I should have posted mine on the Traders Room. Sorry.

The long's now open so with trades in both directions, I'm expecting to close at least one more today.

ken - please stay here ..... you are much better informed that me; i started the FTSE thread ages ago primarily as an alternative to others who picked stocks only

it's only very recently that is started trading DAX, and generally it's been kind to me

Ken - I go away on hols for a week or so and find the whole Advfn shop has been shutdown, I hope I have found you.
Just to let you know that I am back up and running Somnus v5.6 on both long and short trading.
As you know I need to ring fence with slightly different variables to you as I cannot afford to let the 'old lady' get carried away. The important thing though is that Somnus continues to make profits, although sometimes I need to be a little more patient than you skipper.

Nice to see a few more friendly faces on the board

Welcome back Bunny. I hope you had a good holiday. I did suggest that you'd been picked for the Ryder Cup and all your time was being spent practising.

Get ready everyone, because I've asked them to change the header for me and in future the thread will be called INDEX TRADING WITH THE MT4 SOMNUS EA. I think that will be more descriptive of what we're all about.

I hope you approve.

I've now become very impressed with MoneyAM and having been in touch several times I almost feel as if they're my personal friends.

Sorry guys, but I've just found an error on the table I updated this morning.

It only effected the current amount I was in debt, but it's up to date now.

Bit of a crazy Long trade just open for me Ken @10464 along with the earlier Short @10463.5 so I am now on board both ways.

Bunny - So you managed to find us here and you've got my last 2 trades. Knowing you as one the originals I presume you're still being greedy and expecting to get 50 points, while I'm being satisfied with 40, although your short will close a long way before mine.

I said earlier that I was expecting at least one more trade to close today, but at this point it looks as if we might as well go to bed early.

Yes Ken looking for the 50pts which I just got on that crazy long trade. The lady rarely disappoints.

Yes Bunny - You were right again, but I'm still going to use a 40 point T/P. I believe in leaving some for the next man.

Well done.

We seem to have lost Omar and JR. I hope they had the thread saved as a favourite.

that random pin method seems to be working rather well :-)
unsure whether to bank the profit before close of biz in usa or to hang on to see how Dax opens in the morning

decided to bank another squiddly 44 point profit at 10,508 (but it all adds up as ken observed), leaving another moderate Dax long to run its course

i was partly influenced by the fact that 10,508 was just about the upper limit of today's trading ......o'night may see a surge towards 10,550 (the next hurdle) or a retrenchment from the current level ..... Agatha tells me that's reasonable logic :-)

Well done Cynic - I'm just hoping we'll add a few more points in the morning, so that we can open another short before reality sets in. If it does keep going, 3 more levels will balance the books.

Glad to see you settled in well here Ken and nice to see some new posters too.

I am intrigued. Will need a heads up on this one.