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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

Morning All;
The DAX has just fell off the cliff, to your advantage of course, is it enough to reach your t/p, time will tell.

I can confirm that FXCM has LONG swap charge only, just like GKFX, the cost is (on my demo account) £0.07 per 1 lots (£0.10), per day. The charge is an entry on the account's history, therefore the swap will always be zero. EA has to be changed to cater for this.

Once I sort out my EA, I will put up a demo account on both broker, with identical settings; everyone will be able to view the result, in such as way that how DOWNTIME on their server affect your trading, in term of profit potential.

Bunny - I've only reached level 3 with my short, so the change I've made hasn't made any difference yet. Even the enormous drop this morning didn't open a level 2 long and now we're about back to where we started so I'm still stuck on both trades.

If I start dabbling it just becomes a case of using Cynic's pin method, so I just have to wait until something closes and that could be several days so don't hold your breath.

I hate to say this guys, but I think I'm going to have to go back to advfn over the weekend unless they improve on what you see above.

If you've got any other ideas on a home for this thread, please let me know.

Oh dear, you are not a very happy Bunny, are you Ken.
Just like me with my test bed.... a few day ago.

I will follow you where ever you put the thread.

Keep smiling... Life is not as bad as it look... :-;

I put a message on their Bugs thread and as there was no reply I posted another saying 'Is anybody there?'

You won't find my post because they've overwritten it with the answer, telling me 'to e-mail with anything important'.

Now back to business: I've eventually got my level 2 long, so that's moved the T/P's closer together which gives us a reasonable chance of closing something today.

Same with GKFX at the moment, no 'LIVE' chat, no new demo account....

what's the problem chaps?
confess i really do not like advfn and follow just the one thread there (FAR9)

ken - am embarrassed that you should be tempted by Agatha :-)

anyway, Agatha's timing wasn't the greatest but short Dax is now looking the better choice

however, 10,450 may be the bottom of this correction, and it's nearly there
that said, the volatility of the markets is such that it's very difficult to call

Can't see the header, but base on what I can remember, your SHORT is going to close soon.
Well Done.

Called gkfx today. They still have their technical issues which is also preventing the 'daily confirmation' reports being emailed.

You can manually request these reports either by email or telephone. I received my missing ones for this week.

But I still cannot login to MyGKFX on their website. They reset my password, but still cannot login. So if you want to top-up your SB account you have to do a bank transfer.

I know the new password they gave me works as I had to use to log back into MT4 after the reset. But cannot change the password until I can login to MyGKFX !

I do hope these multiple series trades do stop happening !. Seems when one has just about being closed another one starts.

We seem to have had a fair number of the multiple series trades recently.

JR - The number of trades allowed in a series is up to you. I'm testing 7 at the moment, but I'm only up to 3 levels on the shorts and 2 on the longs so I've got a long way to go.

Ken, I miss having more level 1 trades as opposed to levels 2,3,4 etc. Lately just seem to be having more levels 2,3, or 4. I don't think switching to a lower number would actually help. It would take a very long time to start to close the trade if I had set trades in series to 1 as the t/p would be a little speck in the distance if the trade goes against me.

JR - I agree, it wouldn't help at all. In fact it would certainly be expensive.

As we've closed 5 trades this week all at level 1, I thought you didn't like to see the 2 multiple level trades we still have open. 1 of them has to close soon.

Copied from the Bugs thread:- Bullshare - 07 Oct 2016 16:01 - 288 of 294

As part of both Shares and MoneyAM site upgrades we are introducing a new forum on Shares magazine which will be used by MoneyAm in due course. We are re-writing our BB, its 14 years old now and needs to be brought on a bit.

Most BBs now disallow any html, we have tried to keep as much as we can but iFrames of content, particularly 3rd party, gives over content control to other parties.

M

I'm very disappointed but I think I'll just have to go back to where we came from.

Ken, your table above, is the 'px' value in the html code causing the table to be huge?

The value where you specify how big a graphic should be.

JR - It's not the setting that does it, it's the fact that when I save it it removes lots of the html.

You know where to find me.

I don't know whether this link will work, but give it a try anyway Click here

Apparently it does, but they delete it if I put it in the header!

Ken; We have reformated your original posting. It was an image that had been set incorrectly.