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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

With the valid initial long signal at 17:15, we may well see a trade at 18:15 or even 17:45.

i've been out in the sunshine nearly all day, but on coming home, i notice a sharp correction on Dow and that of course is carried across to both cash Dax and FTSE
in particular, cash Dax is now back well below the critical(?) 10,580 level

lots of interesting stuff in the offing i think, but i'm off to Barca tomorrow for a few days (biz), so shall find it hard to keep up to date

We've closed our first long this morning and it looks as if we're gettng ready for another valid initial signal.

confess it's a shame Agatha's Pin could not predict the collapse of gold :-)

her pin was a bit premature in shorting Dax a couple of days ago, but she redeemed herself slightly by making another quick turn on the short tack yesterday while this old git was having a great day in the sunshine on the golf course

Cynic - We don't use pins here, we just aim to make money and it looks as if the next long will open at 08:45!

Make that 2 old gits having fun in the sunshine on the golf course yesterday.
Ken another 50pt T/P trade missed by a whisker. I need to seriously consider using T/P 40 and not try to be so greedy. I'll update the member T/P link sheet if and when I do.

Hi Bunny - We've just opened a crazy long, so you're very brave if you try to get 50 points from that. I suppose you won't have had that one anyway, so it just means you've missed one 40 points and that's nothing to worry about compared to the number of 10 extra points you've had.

Copied from the Bugs thread

Dee MoneyAM - 05 Oct 2016 10:46 - 256 of 256
Hi Guys,

Apologies for the inconvenience caused.
We're updating parts of the website over the next few days, please bare with us.

We will look into the matter further and address any issues as quickly as possible.

Thanks,

Dee.

Brief update on FXCM;

1. There is NO overnight swap charges.
2. Spread is variable, between 0.3 and 2, average around 0.9, what you get, is down to your luck.
3. 2 decimal places on quote price.

Otherwise, no major different between between GKFX and FXCM. May be a bit more tools or facilities, yet to be investigated.

My development platform has moved.

Best of luck to your trades, as always.

FLVT

FLVT - Re your FXCM info
What is the min trade size? 10p or £2.00.
If its 10p does it go up in multiples of 10p or can you place say a 15p trade size?

bunny - whereabouts do you play?

just arrived in Barca :-)


=================

am happy that my Dax positions are running at neutral, but that only forms a part of my trading portfolio
balance is with individual stocks

Bunny, Min 10p, in step of 1p.
Trade can be partially close, I believe.

Now that the 2nd long of the day's closed, I'm going to do a bit of gardening.

Bunny - You know how big my front garden is so as you seem to be the only club member here, please can you take over while I plant a few pansies?

Wilco Ken, I will try to get mine to close @10608.1.

Thanks for info FLVT, I like the sound of that.
What is the downside to moving to FXCM then as I can only see positives.

cynic - I play on a half decent public course just north of Watford, what about you.
Current hcp 21, drifting upwards.

Bunny;
Can't see it at the moment; time will tell.
When GKFX demo is down and dead for previous account holder, I am truly disappointed, as it took me quite a while to build up positions for testing purposes.
As their LIVE/DEMO is d now and again. So, for the time being, demo is moved. Haven't decided on LIVE yet.

The Grove i assume ...... if so, it's tough but fair though haven't played tgere for about 3 years

for me, a surrey course in the middle of a housing estate, but it's in ace condition (14 and trying to bring down)

There you go Ken, an hour on the tiller and the Buy closes OK for 51pts
Back over to you.

Thanks for your help Bunny. I was expecting you to do better than that and open my next short, but I'm sure you did your best.

5 longs closed in a row and it's beginning to look as if we'll have another fairly soon.

It looks like 17:45 for the next long and if I'm right about the time, it will be an even crazier trade than the last one. Still it doesn't matter as long as it opens, because you can't close a trade the never opened.