This is a brief diary of the service provided to the Premium Mooriverwatch Club (launched officially on 1st November 2009), so that everyone can catch a glimpse of what this subscription service is about.
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12:15pm, 31-12-11, some weekly reflections:
"
What a year it has been. Well, I have to say it has been really disappointing this year. While most of my cash is intact, I have not made much progress in share investments etc this year at all. I was badly let down
by not going for that October rally, which was forecast well in advance, by myself. As they say, what matters is that you make the right decisions at the key turning point. That one mistake cost dearly. What a shame.
Then again, one has to let go of these things and move on into the new and exciting year of 2012. What a year to come!
The current fun bet series stands at £496 in profit after 87 selections. It had a very bright start after I changed the moorivertrading system to a much simpler version, but it did not pick up the steam after my two-week
break. Well, sometimes, you will just have to take what it is there on the table and work on the next series.
For this year, I am awarding our J as the Moostar of the Week as he has been closely monitoring the Bradley turn date for us all the way through. I am very grateful for that, J. Well done, buddy, you are our star of the week.
Let's have a look at the forecasts and outcomes:
FTSE 100: 5555-5320 (actual: 5596-5486);
Dow: 12343-11750 (actual: 12327-12139);
BP: 472-447 pence (actual: 462-451);
Barclays: 183-162 pence (actual: 180-171 pence);
Nymex: $100.30-$95 (actual: $101.77-$98.30);
Euro/dollar: $1.3200-$1.2750 (actual: $1.3084-$12858);
Gold: $1607-$1680 (actual: $1607-$1523).
Well, not too bad an effort after a break. These markets can grow very alien to you very quickly, once you are away from the markets for some time. The moo rivers are fast and furious.
Happy New Year, folks and may we enjoy a very prosperous 2012."
16:57pm, 30-12-11, banked 25 quid, that is it for 2011, what a year, so that is 496 quid in profit, from 50 winners and 34 losers and 3 breakeven out of 87 fun bets in the 11th series of fun bets.
13:25pm, 30-12-11, highlighted my fun long on euro/$ 12953.
12:58pm, 30-12-11, banked 32 quid, bored with it, so that is 471 quid in profit, from 49 winners and 34 losers and 3 breakeven out of 86 fun bets in the 11th series of fun bets.
08:31am, 30-12-11, euro stop profit hit at 12920, useless euro, so that is 439 quid in profit, from 48 winners and 34 losers and 3 breakeven out of 85 fun bets in the 11th series of fun bets.
08:21am, 30-12-11, highlighted my fun long on ftse 5549.
16:26pm, 29-12-11, highlighted my fun long on euro 12913.
16:05pm, 29-12-11, lost that one, so that is 433 quid in profit, from 47 winners and 34 losers and 3 breakeven out of 84 fun bets in the 11th series of fun bets.
07:23am, 29-12-11, highlighted my fun long 9952 on nymex.
18:11pm, 28-12-11, lost 12 quid, so that is 533 quid in profit, from 47 winners and 33 losers and 3 breakeven out of 83 fun bets in the 11th series of fun bets.
16:39pm, 28-12-11, highlighted my fun short 9938 on nymex.
16:34pm, 28-12-11, lost that one, so that is 545 quid in profit, from 47 winners and 32 losers and 3 breakeven out of 82 fun bets in the 11th series of fun bets.
16:08pm, 28-12-11, highlighted my fun long on nymex 10018.
15:11pm, 28-12-11, lost 4 quid on that one, poor entry, so that is 645 quid in profit, from 47 winners and 31 losers and 3 breakeven out of 81 fun bets in the 11th series of fun bets.
09:28am, 28-12-11, highlighted my fun short on ftse 5527.
06:32am, 28-12-11, limit at 5520 hit on both shorts, so that is 649 quid in profit, from 47 winners and 30 losers and 3 breakeven out of 80 fun bets in the 11th series of fun bets.
09:05am, 27-12-11, highlighted my second fun short on ftse 5550.
11:22am, 23-12-11, highlighted my fun short on ftse 5495.
11:20am, 23-12-11, banked 10 quid, got on the wrong one, as ftse was going faster, so that is 649 quid in profit, from 47 winners and 30 losers and 1 breakeven out of 78 fun bets in the 11th series of fun bets.
09:31am, 23-12-11, highlighted my fun long on dow 12202.
09@12am, 23-12-11, chopped it for 4 quid loss, so that is 639 quid in profit, from 46 winners and 30 losers and 1 breakeven out of 77 fun bets in the 11th series of fun bets.
18:50pm, 22-12-11, highlighted my fun short on ftse 5474.
18:48pm, 22-12-11, got poked out of the oil short, so that is 643 quid in profit, from 46 winners and 29 losers and 1 breakeven out of 76 fun bets in the 11th series of fun bets.
13:47pm, 22-12-11, nicked 12 quid on the ftse short, so that is 793 quid in profit, from 46 winners and 28 losers and 1 breakeven out of 75 fun bets in the 11th series of fun bets.
08:37am, 22-12-11, highlighted my fun short on ftse 5445.
17:02pm, 21-12-11, highlighted my fun short on nymex 9843.
17:00pm, 21-12-11, chopped for a tenner loss, so that is 781 quid in profit, from 45 winners and 28 losers and 1 breakeven out of 74 fun bets in the 11th series of fun bets.
16:20pm, 21-12-11, highlighted my fun long on ftse 5380.
16:05pm, 21-12-11, grabbed 68 quid, so that is 791 quid in profit, from 45 winners and 27 losers and 1 breakeven out of 73 fun bets in the 11th series of fun bets.
15:38pm, 21-12-11, highlighted my fun short on nymex 9895.
15:30pm, 21-12-11, chopped for 6 quid, so that is 725 quid in profit, from 44 winners and 27 losers and 1 breakeven out of 72 fun bets in the 11th series of fun bets.
13:33pm, 21-12-11, highlighted my fun long on dow 12075.
11:47am, 21-12-11, nicked 18 quid, so that is 731 quid in profit, from 44 winners and 26 losers and 1 breakeven out of 71 fun bets in the 11th series of fun bets.
09:17am, 21-12-11, highlighted my fun short 12160 on dow.
09:02am, 21-12-11, nicked 20 quid, so that is 713 quid in profit, from 43 winners and 26 losers and 1 breakeven out of 70 fun bets in the 11th series of fun bets.
07:25am, 21-12-11, highlighted my fun short 5454 on ftse.
07:18am, 21-12-11, lost the dow short, so that is 693 quid in profit, from 42 winners and 26 losers and 1 breakeven out of 69 fun bets in the 11th series of fun bets.
14:50pm, 20-12-11, highlighted my fun short on dow 11998.
14:41pm, 20-12-11, banked 20 quid profit, now that is 824 quid in profit, from 42 winners and 25 losers and 1 breakeven out of 68 fun bets in the 11th series of fun bets.
14:45pm, 19-12-11, highlighted my fun long 5387 on ftse.
13:52pm, 19-12-11, grabbed 83 quid from the nymex long, so that is 804 quid in profit, from 41 winners and 25 losers and 1 breakeven out of 67 fun bets in the 11th series of fun bets.
09:08am, 19-12-11, highlighted my fun long on nymex 9352.
09:03am, 19-12-11, lost 28 quid, so that is 721 quid in profit, from 40 winners and 25 losers and 1 breakeven out of 66 fun bets in the 11th series of fun bets.
08:23am, 19-12-11, highlighted my fun short 5362 on ftse.
07:13am, 19-12-11, had an enjoyable break, now back to trading. Just set up a limit fun short order at 5380, 50 stop and 80 limit, see how it goes.
20:04pm, 05-12-11, lost that short on dow, wasn't a good idea to hold over the weekend, so that is 749 quid in profit, from 40 winners and 24 losers and 1 breakeven out of 65 fun bets in the 11th series of fun bets.
21:36pm, 03-12-11, all seven reports done, I am going to take a two-week break, so limited updates on this blog. It is a big yoyo, folks, in this Santa rally, good luck all.
21:31pm, 02-12-11, some weekly reflections:
"Well, the gap up on last Sunday night and the rest is history. Trading is psychological and human beings hate missed bus rides, lol. Made plenty of mistakes this week and had a few trades turning in some profits, so overall, the fun bet series stands at £879 in profit, with a Dow short in profit from 12030, so more or less nothing happened this week.
This week's Moostar trader goes to our lovely Lady S., who cashed in her Barclays shares in the 180's pence quite near the top on her lunch break. Now that is an excellent lunchbreak trade, I would say. Well done, Lady S., a few more sandwich trades like this, you will be very happy. Well, some stockbrokers allow you to set up limit orders etc for free, like Hargreaves. Just need to pin down the ranges, a small feat to ask from the Mooriverwatcher, lol.
Let's have a look at the forecasts and outcomes:
Barclays Bank: 155-186 pence (actual: 158-194 pence);
BP: 420-450 pence (actual: 429-467 pence);
Gold: $1710-$1370 (actual: $1763-$1693);
Nymex: $97-$103 (actual: $97.14-$101.74);
Euro/dollar: $1.3200-$1.3650 (actual: $1.3260-$1.3549);
FTSE100: 5100-5380 (actual: 5192-5523);
Dow: 11150-11800 (actual: 11340-12188).
Well, not too bad, really.
Have a nice weekend, folks."
20:45pm, 02-12-11, highlighted my fun short on dow 12030 on guaranteed stoploss.
18:27pm, 02-12-11, grabbed 66 quid, not a good day, so that is 879 quid in profit, from 40 winners and 23 losers and 1 breakeven out of 64 fun bets in the 11th series of fun bets.
08:24am, 02-12-11, highlighted my fun short 5570 on ftse.
08:19am, 02-12-11, lost that one, so that is 813 quid in profit, from 39 winners and 23 losers and 1 breakeven out of 63 fun bets in the 11th series of fun bets.
06:43am, 02-12-11, highlighted my fun short on ftse 5522.
18:16pm, 01-12-11, grabbed 12 quid, so that is 913 quid in profit, from 39 winners and 22 losers and 1 breakeven out of 62 fun bets in the 11th series of fun bets.
17:41pm, 01-12-11, highlighted my fun short 5496 on ftse.
16:35pm, 01-12-11, grabbed 58 quid, so that is 901 quid in profit, from 38 winners and 22 losers and 1 breakeven out of 61 fun bets in the 11th series of fun bets.
08:26am, 01-12-11, highlighted my fun short on ftse 5518.
08:09am, 01-12-11, chopped that short for 54 quid, so that is 843 quid in profit, from 37 winners and 22 losers and 1 breakeven out of 60 fun bets in the 11th series of fun bets.
19:40pm, 30-11-11, highlighted my fun short on dow 11958.
18:10pm, 30-11-11, nicked 7 quid, no fun to be a bear, lol, so that is 897 quid in profit, from 37 winners and 21 losers and 1 breakeven out of 59 fun bets in the 11th series of fun bets. Made a mess today.
16:52pm, 30-11-11, highlighted my fun short on dow 11986, limit for 100 pointer.
16:28pm, 30-11-11, chopped for 6 quid, so that is 890 quid in profit, from 36 winners and 21 losers and 1 breakeven out of 58 fun bets in the 11th series of fun bets. Made a mess today.
14:24pm, 30-11-11, highlighted my fun short on ftse 5490.
12:17pm, 30-11-11, nipped 8 quid, so that is 896 quid in profit, from 36 winners and 20 losers and 1 breakeven out of 57 fun bets in the 11th series of fun bets.
11:59am, 30-11-11, highlighted my fun short on ftse 5382.
11:56am, 30-11-11, grabbed 48 quid, so that is 888 quid in profit, from 35 winners and 20 losers and 1 breakeven out of 56 fun bets in the 11th series of fun bets.
11:13am, 30-11-11, highlighted my fun long on ftse 5364.
11:06am, 30-11-11, lost that one, so that is 840 quid in profit, from 34 winners and 20 losers and 1 breakeven out of 55 fun bets in the 11th series of fun bets.
09:49am, 30-11-11, banked 42 quid from the oil short, so that is 940 quid in profit, from 34 winners and 19 losers and 1 breakeven out of 55 fun bets with ftse short running in the 11th series of fun bets.
08:17am, 30-11-11, highlighted my fun short on ftse 5295.
06:55am, 30-11-11, highlighted my fun short on nymex 9952.
15:31pm, 29-11-11, grabbed 50 quid, so that is 898 quid in profit, from 33 winners and 19 losers and 1 breakeven out of 53 fun bets in the 11th series of fun bets.
13:54pm, 29-11-11, highlighted my fun long on ftse 5300.
13:50pm, 29-11-11, chopped for 8 quid, so that is 848 quid in profit, from 32 winners and 19 losers and 1 breakeven out of 52 fun bets in the 11th series of fun bets.
13:36pm, 29-11-11, highlighted my fun short on ftse 5296.
13:27pm, 29-11-11, banked 38 quid, so that is 856 quid in profit, from 32 winners and 18 losers and 1 breakeven out of 51 fun bets in the 11th series of fun bets.
11:59pm, 29-11-11, highlighted my fun short 5332 on ftse.
11:52am, 29-11-11, grabbed at 5333, so that is 818 quid in profit, from 31 winners and 18 losers and 1 breakeven out of 50 fun bets in the 11th series of fun bets.
08:53am, 29-11-11, highlighted my fun long on ftse 5278.
08:06am, 29-11-11, grabbed 70 quid, so that is 708 quid in profit, from 30 winners and 18 losers and 1 breakeven out of 49 fun bets in the 11th series of fun bets.
07:03am, 29-11-11, highlighted my fun short on ftse 5328.
20:26pm, 28-11-11, chopped for 26 quid, so that is 638 quid in profit, from 29 winners and 18 losers and 1 breakeven out of 48 fun bets in the 11th series of fun bets.
20:01pm, 28-11-11, highlighted my fun long on dow 11498.
18:36pm, 28-11-11, chopped it for 6 quid, so that is 664 quid in profit, from 29winners and 17 losers and 1 breakeven out of 47 fun bets in the 11th series of fun bets.
16:36pm, 28-11-11, highlighted my fun short again on ftse 5310.
16:31pm, 28-11-11, out for 2 quid, so that is 670 quid in profit, from 29winners and 16 losers and 1 breakeven out of 46 fun bets in the 11th series of fun bets.
15:28. 28-11-11. highlighted my fun short on ftse 5317.
14:53pm, 28-11-11, lost that one too, a poor start here, so that is 668 quid in profit, from 28 winners and 16 losers and 1 breakeven out of 45 fun bets in the 11th series of fun bets.
12:29pm, 28-11-11, highlighted my fun short 5268 on ftse.
11:19am, 28-11-11, grabbed 8 quid, so that is 768 quid in profit, from 28 winners and 15 losers and 1 breakeven out of 44 fun bets in the 11th series of fun bets. Making mistakes makes you freeze in your thought process, not a good start.
10:07am, 28-11-11, highlighted my fun short on ftse 5276.
10:03am, 28-11-11, lost that one, so that is 760 quid in profit, from 28 winners and 15 losers and 1 breakeven out of 44 fun bets in the 11th series of fun bets.
06:03am, 28-11-11, caught a limit short order on ftse at 5225, not looking that great at the moment, as markets gapped up sharply.
21:12pm, 27-11-11, set up two limit orders on ftse. Ready, steady, trade, good luck, folks.
20:21pm, 25-11-11, some weekly reflections:
"Two mega mistakes this week, the one on Monday and another on Thursday, otherwise, it would have been a perfect week. It is hard to have perfect weeks in
these markets. The fun bet series ended the week on £890 profit. Without them two mistakes, it could have been over £1000 by now. But never mind, at least
it is a winning week. Trading has really been made easier by the simpler trading system in use now. Let's see whether that can deliver consistent results time and
again.
Tradingwise, our MS stands out tall amongst the crowd. He cashed in his shorts from 5600's at leisure! Well done, MS, you are our Moostar of the Week.
As I said, I will be taking a two-week break from 5th December. So next week is the full trading week before my break. I think I need a good rest to consolidate
and come up with a winning mentality as a trader. As for the Mooriver Watcher, I am reasonably satisfied with his performance.
Let's have a look at the forecasts and outcomes:
FTSE 100: 5520-4580 (actual: 5337-5073);
Dow: 12020-10930 (actual: 11756-11150);
BP: 470-385 pence (actual: 447-417 pence);
Barclays: 180-140 pence (actual: 166-148 pence);
Gold: $1797-$1645 (actual: $1727-$1667);
Euro/$: $1.3700-$1.2970 (actual: $1.3569-$1.3212);
Nymex: $105-$95 (actual: $98.70-$95).
Well, did warn about these forecasts, as this was one very tricky week. The coming week is a tricky one too, as I now have to pick one from two distinctly different possibilities.
Leave that to me. I need a large drink and a good night's sleep, as I find good trading very exhaustive as it demanded a lot more attention to details.
Have a nice weekend, folks."
16:22pm, 25-11-11, chopped for 6 quid, so that is 890 quid in profit, from 27 winners and 15 losers and 1 breakeven out of 43 fun bets in the 11th series of fun bets.
16:07pm, 25-11-11, highlighted my fun long at 5175 on ftse.
16:04pm, 25-11-11, grabbed 26 quid, so that is 896 quid in profit, from 27 winners and 14 losers and 1 breakeven out of 42 fun bets in the 11th series of fun bets.
15:35pm, 25-11-11, highlighted my fun short on ftse 5182.
15:28pm, 25-11-11, grabbed 130 quid, so that is 870 quid in profit, from 26 winners and 14 losers and 1 breakeven out of 41 fun bets in the 11th series of fun bets
12:50pm, 25-11-11, highlighted my fun long 11200 on dow.
11:16am, 25-11-11, out for a few quid, no omph today, so that is 740 quid in profit, from 25 winners and 14 losers and 1 breakeven out of 40 fun bets in the 11th series of fun bets
19:04pm, 24-11-11, forgot to update on this one, highlighted my fun short on ftse 5103, a bit daring on this one.
17:28pm, 24-11-11, chopped for 14 quid, so that is that for today, had enough, so that is 732 quid in profit, from 24 winners and 14 losers and 1 breakeven out of 39 fun bets in the 11th series of fun bets.
17:09pm, 24-11-11, highlighted my fun long 5113 on ftse, tighter stoploss.
16:17pm, 24-11-11, banked 48 quid, a miserable day, so that is 746 quid in profit, from 24 winners and 13 losers and 1 breakeven out of 38 fun bets in the 11th series of fun bets.
15:19pm, 24-11-11, highlighted my fun long 5110 on ftse.
14:36pm, 24-11-11, lost that long, so that is 698 quid in profit, from 23 winners and 13 losers and 1 breakeven out of 37 fun bets in the 11th series of fun bets.
10:18am, 24-11-11, highlighted my fun long on ftse 5166.
10:03am, 24-11-11, chopped for 26 quid loss, so that is 798 quid in profit, from 23 winners and 12 losers and 1 breakeven out of 36 fun bets in the 11th series of fun bets.
07:52am, 24-11-11, highlighted my fun short 5168 on ftse.
06:43am, 24-11-11, nicked 14 quid, so that is 824 quid in profit, from 23 winners and 11 losers and 1 breakeven out of 35 fun bets in the 11th series of fun bets.
18:53pm, 23-11-11, highlighted my fun short on ftse 5150.
17:45pm, 23-11-11, booked money out of the ftse short, so that is 810 quid in profit, from 22 winners and 11 losers and 1 breakeven out of 34 fun bets in the 11th series of fun bets.
14:43pm, 23-11-11, highlighted my fun short 5172 on ftse.
14:39pm, 23-11-11, booked for 15 quid, so that is 755 quid in profit, from 21 winners and 11 losers and 1 breakeven out of 33 fun bets in the 11th series of fun bets.
10:48am, 23-11-11, highlighted my fun long on dow 11370.
10:39am, 23-11-11, got stopped out at breakeven, so that is 740 quid in profit, from 20 winners and 11 losers and 1 breakeven out of 32 fun bets in the 11th series of fun bets.
08:07am, 23-11-11, highlighted my fun short 5178 on ftse.
07:24am, 23-11-11, booked profit on the short, so that is 740 quid in profit, from 20 winners and 11 losers out of 31 fun bets in the 11th series of fun bets.
13:42pm, 22-11-11, highlighted my fun short on ftse 5222.
13:28pm, 22-11-11, chopped for 6 quid, not going anywhere, so that is 619 quid in profit, from 19 winners and 11 losers out of 30 fun bets in the 11th series of fun bets.
18:27pm, 21-11-11, highlighted my fun short 5233 on ftse.
17:02pm, 21-11-11, nicked 41 quid, so that is 625 quid in profit, from 19 winners and 10 losers out of 29 fun bets in the 11th series of fun bets.
16:44pm, 21-11-11, highlighted another fun long on dow 11463, half stoploss.
16:41pm, 21-11-11, lost that one for 50 quid, so that is 584 quid in profit, from 18 winners and 10 losers out of 28 fun bets in the 11th series of fun bets.
16:16pm, 21-11-11, highlighted my fun long on dow 11508, tighter stoploss.
16:13pm 21-11-11, grabbed 68 quid on the ftse short, so that is 634 quid in profit, from 18 winners and 9 losers out of 27 fun bets in the 11th series of fun bets.
15:06pm, 21-11-11, booked 85 quid on the dow short, so that is 566 quid in profit, from 17 winners and 9 losers out of 26 fun bets with the ftse short running from the 11th series of fun bets.
10:01am, 21-11-11, highlighted my second fun short on dow 11645.
09:10am, 21-11-11, highlighted my fun short 5261 on ftse.
09:08am, 21-11-11, nicked 26 quid, so that is 481 quid in profit, from 16 winners and 9 losers out of 25 fun bets from the 11th series of fun bets.
08:53am, 21-11-11, highlighted my fun long 5251 on ftse with a tighter stoploss.
08:37am, 21-11-11, lost that one, so that is 455 quid in profit, from 15 winners and 9 losers out of 24 fun bets from the 11th series of fun bets.
07:47am, 21-11-11, highlighted my fun long on ftse 5325.
08:03am, 19-11-11, some weekly reflections:
"Finally, I seem to have hit the sweetspot of trading by a simplified method as you have seen in the past week. The 11th Series now stands at £555 in profit, even though I missed to collect good profits on a number of occasions due to the old habits. Trading has to be that flexible, take whatever the market delivers, not what you want the market to deliver. So I will stick to this simplified version of trading system and see how it goes.
Let's have a look at the forecasts and outcomes:
FTSE 100: 5550-5330 (actual: 5588-5341);
Dow: 12220-11660 (actual: 12238-11673);
BP: 464-435 pence (actual: 465-446 pence);
Barclays: 180-140 pence (actual: 184-162 pence);
Gold: $1723-$1850 (actual: $1710-$1795);
Euro/dollar: $1.3680-$1.3860 (actual: $1.3422-$1.3790);
Nymex: $99.80-$94.70 (actual: $103.37-$96.70).
Think that is one of my best weekly forecasts, well, and the fun bet series made good money, so a good week after all.
Have a nice weekend, folks."
18:06pm, 18-11-11, grabbed 72 quid, very frustrated, so that is 555 quid in profit, from 15 winners and 8 losers out of 23 fun bets from the 11th series of fun bets.
13:09pm, 18-11-11, highlighted my fun short on ftse 5392.
12:53pm, 18-11-11, nipped 7 quid, so that is 483 quid in profit, from 14 winners and 8 losers out of 22 fun bets from the 11th series of fun bets.
12:08pm, 18-11-11, highlighted my fun long on euro/dollar at 13578.
10:17am, 18-11-11, out for 41 quid, so that is 476 quid in profit, from 13 winners and 8 losers out of 21 fun bets from the 11th series of fun bets.
07:31am, 18-11-11, highlighted my fun long on dow 11774.
06:30am, 18-11-11, grabbed 150 quid, so that is 435 quid in profit, from 12 winners and 8 losers out of 20 fun bets from the 11th series of fun bets.
09:56am, 17-11-11, highlighted my fun short on ftse 5438.
09:52am, 17-11-11, lost that one for 50 quid, so that is 285 quid in profit, from 11 winners and 8 losers out of 19 fun bets from the 11th series of fun bets.
08:13am, 17-11-11, highlighted my fun long on euro/dollar 13494.
20:50pm, 16-11-11, chopped for 21 quid, so that is 335 quid in profit, from 11 winners and 7 losers out of 18 fun bets from the 11th series of fun bets. Annoyed, poorly managed trade, winner turned into a loser.
15:13pm, 16-11-11, highlighted my fun long on dow 11970.
13:45pm, 16-11-11, grabbed 50 quid, so that is 356 quid in profit, from 11 winners and 6 losers out of 17 fun bets from the 11th series of fun bets.
12:23pm, 16-11-11, highlighted my fun short 5500 on ftse.
11:07am, 16-11-11, grabbed 70 quid after all the dividend costs etc, so that is 306 quid in profit, from 10 winners and 6 losers out of 16 fun bets from the 11th series of fun bets.
14:32pm, 15-11-11, highlighted my fun short on ftse 5517.
12:26pm, 15-11-11, grabbed 120 quid, so that is 236 quid in profit, from 9 winners and 6 losers out of 15 fun bets from the 11th series of fun bets.
15:15pm, 14-11-11, highlighted my fun short on ftse 5515.
14:53pm, 14-11-11, chopped for 12 quid loss, so that is 116 quid in profit, from 8 winners and 6 losers out of 14 fun bets from the 11th series of fun bets.
12:07pm, 14-11-11, highlighted my fun short on ftse 5493.
10:10am, 14-11-11, grabbed 22 quid after interest payment, so that is 128 quid in profit, from 8 winners and 5 losers out of 13 fun bets from the 11th series of fun bets.
19:01pm, 12-11-11, some weekly reflections:
"Finally, the 10th series of fun bets finished with record deficit (almost as bad as the Greeks) at £2282 in red! After the 9th series finished with record profit, now the 10th was the sucker punch. I struggled in the second, with losses mounting, it was difficult to make rational decisions. Trading is a psychological warfare, so is life, no wonder one of the
most desired wishes for many people is to have a clean start again in life, but alas, as human beings, we carry our history on our back, like the humps on the camel's back,
we draw water and nuitrition from them while in the deepest desert and we get weighed down by them most of the time! Trading is still to be improved upon. The 11th Series
had a good start, then got let down by a poor Friday, which was a big letdown, as I had the perfect mooriver map for the day's action and around mid-day, just before the
tide turned, I suddenly turned to the dark side. It was a costly mistake. So the 11th Series stood at £106 in profit with a profitable short running on ftse from 5550.
The markets always tried to fox you into thinking the wrong way, but a key improvement to be sought is what happens after I realise that an order is placed the wrong way, need to be a lot nimbler, cut loss as quick as lightening and hold onto profit as long as possible. And also, I need to trade with a lot more conviction, sticking to my own analyses.
This week, I think I am going to award our Lady S as Moostar of the Week, as she juggled between domestic duties and other engagements and made some money in trading
etf's and Barclays shares. Well done, Lady S., keep it the purple way, haha.
Let's have a look at the forecasts and outcomes:
FTSE 100: 5390-5680 (actual: 5338-5650, quite good, and notice they did my weekly range in one day again on Wednesday);
Dow: 11540-12100 (actual: 11702-12186);
Nymex: $90-$96(actual: $93.24-$99.39);
Gold: $1766-$1640 (actual: $1803-$1736);
Euro/dollar: $1.3600-$1.3820 (actual: $1.3484-$1.3859);
BP: 464-422 pence (actual: 466-441 pence);
Barclays: 150-207 pence (actual: 166-187 pence).
Not a bad bunch of forecasts, could be a bit better.
Have a nice weekend, folks, enjoy the blue sky today! "
18:51pm, 11-11-11, highlighted my fun short 5550 on ftse.
17:46pm, 11-11-11, nicked 4 quid, so that 106 quid in profit, from 7 winners and 5 losers out of 12 fun bets from the 11th series of fun bets.
15:49pm, 11-11-11, highlighted my fun short 5539 on ftse.
15:24pm, 11-11-11, nicked four quid, so that is 102 quid in profit, from 6 winners and 5 losers out of 11 fun bets from the 11th series of fun bets.
14:48pm, 11-11-11, highlighted my fun short on ftse 5523.
14:14pm, 11-11-11, lost that one, so that is 98 quid in profit, from 5 winners and 5 losers out of 10 fun bets from the 11th series of fun bets.
11:42am, 11-11-11, highlighted my fun short 5465 on ftse.
11:37am, 11-11-11, chopped it for 2 quid loss, so that is 198 quid in profit, from 5 winners and 4 losers out of 9 fun bets from the 11th series of fun bets.
08:23am, 11-11-11, highlighted my fun long on dow 11959.
14:29pm, 10-11-11, nicked 20 quid, not going anywhere, so that is 200 quid in profit, from 5 winners and 3 losers out of 8 fun bets from the 11th series of fun bets.
12:57pm, 10-11-11, highlighted my fun short 5492 on ftse.
09:52am, 10-11-11, grabbed at 5474, so that is 180 quid in profit, from 4 winners and 3 losers out of 7 fun bets from the 11th series of fun bets.
07:18am, 10-11-11, highlighted my fun long 5348 on ftse.
19:13pm, 09-11-11, grabbed 114 quid, so that is 72 quid in the red, from 3 winners and 3 losers out of 6 fun bets from the 11th series of fun bets.
17:09pm, 09-11-11, highlighted my fun short 5452 on ftse.
17:07pm, 09-11-11, nicked 8 quid, so that is 186 quid in the red, from 2 winners and 3 losers out of 5 fun bets from the 11th series of fun bets.
16:12pm, 09-11-11, highlighted my fun long 5449.
16:10pm, 09-11-11, lost 44 quid, so that is 194 quid in the red, from 1 winner and 3 losers out of 4 fun bets from the 11th series of fun bets.
14:55pm, 09-11-11, lost that long, and highlighted my fun short 5427 on ftse, so that is 150 quid in the red, from 1 winner and 2 losers out of 4 fun bets with ftse short running from the 11th series of fun bets.
10:35am, 09-11-11, highlighted my fun long 5483 on ftse.
10:32am, 09-11-11, grabbed 50 quid, so that is 50 quid in the red, from 1 winner and 1 loser out of 2 fun bets from the 11th series of fun bets.
09:43am, 09-11-11, highlighted my fun short 5511 on ftse.
09:13am, 09-11-11, lost that one, so that is £100 in the red, from the first fun bet in the 11th series.
08:10am, 09-11-11, highlighted my fun long 5596 on ftse.
06:57am, 09-11-11, set up limit fun short on ftse.
20:27pm, 08-11-11, lost that one, what a miserable run, so that is 2282 quid loss from 36 winners and 59 losers and 5 breakevens out of 100 selections in the 10th series of fun bets.
16:35pm, 08-11-11, highlighted my last fun short in this series on nymex 9598.
16:21pm, 08-11-11, lost 30 quid on that one, so that is 2182 quid loss from 36 winners and 58 losers and 5 breakevens out of 99 selections in the 10th series of fun bets.
14:48pm, 07-11-11, highlighted my fun short 5549 on ftse.
12:21pm, 07-11-11, grabbed the money, so that is 2152 quid loss from 36 winners and 57 losers and 5 breakevens out of 98 selections in the 10th series of fun bets.
09:04am, 07-11-11, highlighted my fun long 5449 on ftse.
08:56am, 07-11-11, out of the oil short at breakeven, so that is 2232 quid loss from 35 winners and 57 losers and 5 breakevens out of 97 selections in the 10th series of fun bets.
09:04pm, 05-11-11, some weekly reflections:
"Things got much worse this week. I put in a few good trades in the week, but most of the time, I have been georged by that Greek tragedy. I was trading like a football manager, losing the game 4:0 down with 20 minutes to go, so did quite a few all-in's and threw on all my strikers and got punished with a loose defence. Now this series stands at a whopping £2232 in red and it does need a miracle to turn this around. There are only four fun bets left in the series including the stuck oil short. So I have decided to split the 400 quid budget into two trades only at £200 stoploss each to conclude this series for better or for worse.
So I will extend the stoploss on the existing oil short for another 100 pointer and see if it survives any Sunday night spikes and set the limit for 85 dollars, which, if surviving, will turn in a profit of 863 pounds and then a long from there for 101 dollars, which if it works, will turn in a profit of 1600 pounds. So together these two combo fun bets (two fun bets in one) might turn this series into a profit, lol, that will be a miracle!
I have had much thought about the trading system and have identified a way of trading which will allow less thinking and more trading on confirmation. So I am going to experiment that in the next series of fun bets and hopefully the new system will turn into a good one with some tinkering.
There are always lessons to be learnt in this market and to frame trades into a series actually adds more pressure, if it is a losing one towards the end. The human mind always tries to justify itself in trying to turn the series into a profitable one. That adds more complication to trading, with the number of fun bets running out etc. But we will try the new system and see how it works, as I can't think of a better way to measure the trading performance.
Now let's have a look at the forecasts and outcomes:
FTSE 100: 5716-5496 (actual: 5686-5336);
Dow: 12300-11500 (actual: 12204-11629);
Gold: $1543-$1744 (actual: $1681-$1768);
Nymex: $94-$88.70 (actual: $94.93-$89.18);
Euro/dollar: $1.4150-$1.3850 (actual: $1.4171-$1.3609);
Barclays: 202-190 pence (actual: 211-172 pence);
BP: 482-433 pence (actual: 468-436 pence).
Well, any other traders might have made loads of money out of these forecasts, which are not a bad lot at all. Well, I rest my case, as I have to admit so far the mooriverwatcher has outgunned moorivertrader most of the time.
Have a nice weekend, folks."
13:15pm, 04-11-11, lost that one too, highlighted my fun short on nymex 9363, so that is 2232 quid loss from 35 winners and 57 losers and 4 breakevens out of 96 selections with oil short running in the 10th series of fun bets.
12:33pm, 04-11-11, lost that long on the dot again on the dive at the nonfarm news, it says a lot about my luck these days, highlighted another long at 9466 on nymex, so that is 2132 quid loss from 35 winners and 56 losers and 4 breakevens out of 95 selections with oil short running in the 10th series of fun bets.
09:53am, 04-11-11, highlighted my fun long 9468 on nymex.
09:38am, 04-11-11, lost the short on nymex, so that is 2032 quid loss from 35 winners and 55 losers and 4 breakevens out of 94 selections with oil short running in the 10th series of fun bets.
14:56pm, 03-11-11, highlighted my fun short on nymex 9363.
14:51pm, 03-11-11, lost that one, so that is 1912 quid loss from 35 winners and 54 losers and 4 breakevens out of 93 selections with oil short running in the 10th series of fun bets.
14:05pm, 03-11-11, highlighted my fun short 5485 on ftse.
13:56pm, 03-11-11, lost that one, so that is 1812 quid loss from 35 winners and 53 losers and 4 breakevens out of 92 selections with oil short running in the 10th series of fun bets.
13:13pm, 03-11-11, highlighted my fun long 5556 on ftse.
13:03pm, 03-11-11, lost that short, so that is 1712 quid loss from 35 winners and 52 losers and 4 breakevens out of 91 selections with oil short running in the 10th series of fun bets.
11:49am, 03-11-11, highlighted my fun short on nymex 9310.
11:46am, 03-11-11, lost that short on nymex too, so that is 1612 quid loss from 35 winners and 51 losers and 4 breakevens out of 90 selections with oil short running in the 10th series of fun bets.
10:19am, 03-11-11, lost the ftse short, so that is 1512 quid loss from 35 winners and 50 losers and 4 breakevens out of 90 selections with oil short running in the 10th series of fun bets.
09:33am, 03-11-11, highlighted my second fun short on nyex 9223.
09:01am, 03-11-11, highlighted my fun short on ftse 5463.
07:40pm, 03-11-11, grabbed 240 quid, not clever with that one, should have been in and out a few times, so that is 1392 quid loss from 35 winners and 49 losers and 4 breakevens out of 88 selections in the 10th series of fun bets.
13:02pm, 02-11-11, lost 120 quid on that one, highlighted another short on nymex 9370, so that is 1632 quid loss from 34 winners and 49 losers and 4 breakevens out of 87 selections in the 10th series of fun bets.
07:19am, 02-11-11, highlighted my fun short on nymex 9250.
07:15am, 02-11-11, grabbed 156 quid, so that is 1512 quid loss from 34 winners and 48 losers and 4 breakevens out of 86 selections in the 10th series of fun bets.
16:09pm, 01-11-11, highlighted my fun long on dow 11674.
15:06pm, 01-11-11, grabbed 6 quid, so that is 1668 quid loss from 33 winners and 48 losers and 4 breakevens out of 85 selections in the 10th series of fun bets.
14:31pm, 01-11-11, highlighted my fun short 9056 on nymex.
13:58pm, 01-11-11, lost that one, so that is 1674 quid loss from 32 winners and 48 losers and 4 breakevens out of 84 selections in the 10th series of fun bets.
12:58pm, 01-11-11, highlighted my fun short on nymex 8967.
12:53pm, 01-11-11, lost that one, so that is 1574 quid loss from 32 winners and 47 losers and 4 breakevens out of 83 selections in the 10th series of fun bets.
08:29am, 01-11-11, highlighted my fun long on ftse 5393.
08:13am, 01-11-11, made 135 quid from the oil short, so that is 1474 quid loss from 32 winners and 46 losers and 4 breakevens out of 82 selections in the 10th series of fun bets.
18:31pm, 31-10-11, highlighted my fun short on nymex near 9320.
17:42pm, 31-10-11, stopped out at breakeven, so that is 1609 quid loss from 31 winners and 46 losers and 4 breakevens out of 81 selections in the 10th series of fun bets.
14:48pm, 31-10-11, highlighted my fun short on nymex 9263.
13:51pm, 31-10-11, grabbed 106 quid, so that is 1609 quid loss from 31 winners and 46 losers and 3 breakevens out of 80 selections in the 10th series of fun bets.
08:29am, 31-10-11, highlighted my fun short on nymex 9270.
06:43am, 31-10-11, grabbed 48 pounds on the dow short, so that is 1715 quid loss from 30 winners and 46 losers and 3 breakevens out of 79 selections in the 10th series of fun bets.
05:53am, 31-10-11, last day of the month, be careful. Good luck all.
10:53pm, 29-10-11, some weekly reflections:
"Trading is psychological. This miserable run of fun bets just proves it. I saw this Santa rally from 4850ish to 5800ish a long time ago before we had that fatal test of 4850ish, but somehow I went for the rally a bit earlier and suddenly got stuck in the wrong sort of mindset and the death of Jobs further compounded my psychological barrier to be a bull. Then, my eyes turned bears' eyes and the rest is history.
Having said that, I still think the Eurocrats had presented the best comedy ever in the global political theatre. They rushed out a solution on the deadline without getting the consent from the Chinese government first, hence, they proposed and passed a mirage solution to the current debt problems. And the markets rallied! Reality will soon kick in, I think.
Bear market rallies are the hardest of all and this must be one of them. And if you look at my diaries for the past few years, I tend to foresee the Santa rally and then got on the wrong end of the sticks quite often. It seems that there is something in me that jumps out in the latter part of the year to fight the trend, rather than respect and trade the trend. How curiously interesting.
While I will try to turn around this gigantic loss of £1763 on the fun bet series, I will just trade as the market allows. If this series ends in the red, then let that be a lesson, after last one ending in record profit. It seems that it is not easy to make £1000 per fun bet series consistently. But I will give it a go, perhaps from the next series.
I am very warmed by the support in the Club. You are all moostars this week. Thanks, folks, we will get out of this trap, I am sure.
Let's have a look at the forecasts and outcomes:
FTSE 100: 5580-5380 (actual: 5785-5464);
Dow: 12000-11400 (actual: 12288-11684);
Gold: $1670-$1580 (actual: $1753-$1636);
Euro/dollar: $1.4050-$1.3700 (actual: $1.4247-$1.3799);
Nymex: $89-$80.30 (actual: $94.61-$87.04);
BP: 452-410 pence (actual: 472-431 pence);
Barclays: 158-182 pence (actual: 175-218 pence).
All gone wrong here. Will need some time to get back on track. The analyst needs to be separated from the trader, but they do share the same brain, so sometimes, it is a bit difficult, lol.
Have a nice weekend, folks."
14:33pm, 28-10-11, highlighted my fun short on dow 12192.
13:57pm, 28-10-11, stopped out at breakeven, was hoping for too much, so that is 1763 quid loss from 29 winners and 46 losers and 3 breakevens out of 78 selections in the 10th series of fun bets.
08:40am, 28-10-11, highlighted my fun short on nymex 9308.
20:54pm, 27-10-11, lost 6 quid, so that is 1763 quid loss from 29 winners and 46 losers and 2 breakevens out of 77 selections in the 10th series of fun bets.
19:13pm, 27-10-11, highlighted my fun short on ftse 5752.
18:14pm, 27-10-11, lost 26 quid, so that is 1757 quid loss from 29 winners and 45 losers and 2 breakevens out of 76 selections in the 10th series of fun bets.
17:56pm, 27-10-11, highlighted my fun short 5732 on ftse.
17:10pm, 27-10-11, grabbed 77 quid, so that is 1731 quid loss from 29 winners and 44 losers and 2 breakevens out of 75 selections in the 10th series of fun bets.
15:12pm, 27-10-11, highlighted my fun long on dow 12096.
15:09pm, 27-10-11, finally a winner, grabbed 74 quid, so that is 1808 quid loss from 28 winners and 44 losers and 2 breakevens out of 75 selections in the 10th series of fun bets.
14:37pm, 27-10-11, highlighted my fun short 5733 on ftse.
14:16pm, 27-10-11, lost that one too, so that is 1882 quid loss from 27 winners and 44 losers and 2 breakevens out of 74 selections in the 10th series of fun bets.
12:41pm, 27-10-11, highlighted my fun short on ftse 5695.
11:02am, 27-10-11, stopped out at breakeven, so that is 1782 quid loss from 27 winners and 43 losers and 2 breakevens out of 73 selections in the 10th series of fun bets.
07:13am, 27-10-11, highlighted my fun short on ftse 5683.
05:33am, 27-10-11, lost that one, so that is 1782 quid loss from 27 winners and 43 losers and 1 breakeven out of 72 selections in the 10th series of fun bets.
19:23pm, 26-10-11, highlighted my fun short 5576 on ftse.
19:21pm, 26-10-11, chopped that long for 16 quid, so that is 1682 quid loss from 27 winners and 42 losers and 1 breakeven out of 71 selections in the 10th series of fun bets.
19:15pm, 26-10-11, highlighted my fun long 5583 on ftse.
19:05pm, 26-10-11, lost that one too, so that is 1666 quid loss from 27 winners and 41 losers and 1 breakeven out of 70 selections in the 10th series of fun bets.
17:52pm, 25-10-11, highlighted my fun short on ftse 5531.
17:49pm, 25-10-11, lost 48 quid on that one, so that is 1546 quid loss from 27 winners and 40 losers and 1 breakeven out of 69 selections in the 10th series of fun bets.
17:35pm, 25-10-11, highlighted my fun long on nymex near 9408.
17:16pm, 25-10-11, stuck in this vicious loop, lost that one too, so that is 1498 quid loss from 27 winners and 39 losers and 1 breakeven out of 68 selections in the 10th series of fun bets
14:46pm, 25-10-11, highlighted my fun short 5494 on ftse.
14:38pm, 25-10-11, lost that one, so that is 1398 quid loss from 27 winners and 38 losers and 1 breakeven out of 67 selections in the 10th series of fun bets
14:11pm, 25-10-11, highlighted my fun long on ftse 5523.
14:07pm, 25-10-11, lost that one too, so that is 1298 quid loss from 27 winners and 37 losers and 1 breakeven out of 66 selections in the 10th series of fun bets .
11:57am, 25-10-11, highlighted my fun long 5566 on ftse.
11:40am, 25-10-11, the calamity deepens, lost that one too, so that is 1198 quid loss from 27 winners and 36 losers and 1 breakeven out of 65 selections in the 10th series of fun bets with oil short running.
09:02am, 25-10-11, lost the short and nymex limit short at 9240 kicked in, so that is 1078 quid loss from 27 winners and 35 losers and 1 breakeven out of 64 selections in the 10th series of fun bets with oil short running.
14:21pm, 24-10-11, highlighted my fun short on ftse 5505.
22:00pm, 23-10-11, ready, steady, trade, folks. Starting the week on a hefty loss of £956, must be a mountain to climb, the odds of me not being able to turn this series into profit must be very high, with only 38 fun bets left. But I will give it a go.
07:58am, 22-10-11, some weekly reflections (confessions? lol):
"
This is a very bad-hair week indeed. Seeing the future is no help to trading, at the beginning of the week, the overall foresight of a Santa rally hampers my enthusiasm in shorting the rallies and then later on, got stuck in some loser's mindset, wishing for big winners in a yoyoing market and then got foxed by the false break to the downside on Thursday and ignored the real breakout on Friday, what more mistakes can one make in one week!
The fun bet series is on a record deficit of almost 1000 pounds now. Need some drastic actions to turn this series around. But I have got this plan formulated just for that purpose. For the next 20 fun bets, they will all be on 50 stop and 50 max profit in a concerted effort to get the series into black and then for the last 18 fun bets, I will aim to build up some profits there. That is my plan and I will stick to that. The number of fun bets which were on 50 or more quid profit and then got chopped on a counter move was substantial due to mismanagement. So I will just carry out this plan and see how it works.
It has been a quiet week, though a few members are keeping me updated on various viewpoints, like Bradley's turning-day from J., etc. I am awarding our Al to be our Moostar of the Week as his trading records with luk2 and suk2 stands out in the crowd for the past few weeks. Mind you, he is also working on a number of other instruments too. Well done, Al., you are our Moostar of the Week.
Let's have a look at the forecasts and outcomes:
FTSE 100: 5505-5015 (actual: 5544-5347);
Dow: 11650-11020 (actual: 11823-11286);
BP: 420-377 pence (actual: 421-444 pence);
Barclays: 180-155 pence (actual: 184-168 pence);
Euro/dollar: $1.3900-$1.3550 (actual: $1.3915-$1.3653);
Gold: $1720-$1610 (actual: $1695-$1604);
Nymex: $88-$80.40 (actual: $89.68-$84.23).
Shouldn't have touched on anything apart from FTSE really, got on the wrong end of the sticks every time I migrated to Dow and oil. Will focus on ftse now.
Have a nice weekend."
19:58pm, 21-10-11, banked 16 quid, so that is 956 quid loss from 27 winners and 34 losers and 1 breakeven out of 62 selections in the 10th series of fun bets.
18:19pm, 21-10-11, highlighted my fun long 5470 on ftse.
16:25pm, 21-10-11, lost 48 quid, so that is 972 quid loss from 26 winners and 34 losers and 1 breakeven out of 61 selections in the 10th series of fun bets.
14:23pm, 21-10-11, highlighted my fun short on ftse 5458.
13:34pm, 21-10-11, lost that short, so that is 924 quid loss from 26 winners and 33 losers and 1 breakeven out of 60 selections in the 10th series of fun bets.
20:05pm, 20-10-11, highlighted my fun short 11553 on dow.
20:01pm, 20-10-11, lost another one, so that is 824 quid loss from 26 winners and 32 losers and 1 breakeven out of 59 selections in the 10th series of fun bets.
16:41pm, 20-10-11, highlighted my fun short on dow 11468.
16:28pm, 20-10-11, lost 26 quid, so that is 724 quid loss from 26 winners and 31 losers and 1 breakeven out of 58 selections in the 10th series of fun bets.
16:18pm, 20-10-11, highlighted my fun short 11427 on dow.
16:08pm, 20-10-11, lost that one, so that is 698 quid loss from 26 winners and 30 losers and 1 breakeven out of 57 selections in the 10th series of fun bets.
15:15pm, 20-10-11, highlighted my fun long 5418 on ftse.
15:12pm, 20-10-11, lost 4 quid, so that is 598 quid loss from 26 winners and 29 losers and 1 breakeven out of 56 selections in the 10th series of fun bets.
10:42am, 20-10-11, highlighted my fun short 5417 on ftse.
10:07am, 20-10-11, grabbed 32 quid, so that is 594 quid loss from 26 winners and 28 losers and 1 breakeven out of 55 selections in the 10th series of fun bets.
09:47am, 20-10-11, highlighted my fun short 5402 on ftse.
09:22am, 20-10-11, grabbed 44 quid, so that is so that is 626 quid loss from 25 winners and 28 losers and 1 breakeven out of 54 selections in the 10th series of fun bets.
07:52am, 20-10-11, higlighted my fun long on ftse 5376.
06:35am, 20-10-11, lost the dow long, so that is 670 quid loss from 24 winners and 28 losers and 1 breakeven out of 53 selections in the 10th series of fun bets. set up limit order on nymex.
20:39pm, 18-10-11, highlighted my fun long 11566 on dow.
20:21pm, 18-10-11, lost 12 quid, so that is 566 quid loss from 24 winners and 27 losers and 1 breakeven out of 52 selections in the 10th series of fun bets.
20:09pm, 18-10-11, highlighted my fun short on dow 11580.
20:06pm, 18-10-11, lost 61 quid, so that is 554 quid loss from 24 winners and 26 losers and 1 breakeven out of 51 selections in the 10th series of fun bets.
19:18pm, 18-10-11, highlighted my fun short on dow 11509.
18:35pm, 18-10-11, grabbed a tenner, so that is 493 quid loss from 24 winners and 25 losers and 1 breakeven out of 50 selections in the 10th series of fun bets.
18:03pm, 18-10-11, highlighted my fun short 11490 on dow.
16:49pm, 18-10-11, grabbed 58 quid, so that is 503 quid loss from 23 winners and 25 losers and 1 breakeven out of 49 selections in the 10th series of fun bets.
19:54pm, 17-10-11, highlighted my fun long on ftse 5400.
19:39pm, 17-10-11, it is a terrible start to the week, lost that one too, so that is 561 quid loss from 22 winners and 25 losers and 1 breakeven out of 48 selections in the 10th series of fun bets.
14:48pm, 17-10-11, highlighted my fun long 5453 on ftse.
14:36pm, 17-10-11, lost that one, so that is 441 quid loss from 22 winners and 24 losers and 1 breakeven out of 47 selections in the 10th series of fun bets.
11:27am, 17-10-11, highlighted my fun long 8735 on nymex.
11:10am, 17-10-11, chopped that short at 5514, so that is 341 quid loss from 22 winners and 23 losers and 1 breakeven out of 46 selections in the 10th series of fun bets.
20:19pm, 16-10-11, ready, steady, trade, good luck, folks.
22:18pm, 14-10-11, some weekly reflections:
"
A very poor week indeed. I was struggling all along with the sequence of events and the higher plateau of prices. While this rally to 5500ish and beyond is well forecast, my bull heart went out with the death of Jobs. I have never recovered since.
The fun bet series is still deeply in red at £289 in red and one opening trade at a paper loss too. It never got going this week, to be honest.
Folks up and down the Club have been trying hard to rally me up into another purple run, but it never came this week. Thanks, folks, much appreciated. With so many members involved in this warm support, I won't nominate a Moostar this week, as you are all my stars. Thanks, folks, I will try to do better next week.
Let's have a look at the forecasts and outcomes:
FTSE 100: 5450-5060 (actual: 5502-5293);
Dow: 11400-10770 (actual: 11656-11158);
Euro/dollar: $1.3300-$1.3730(actual: $1.3378-$1.3894);
Nymex: $80.40-$85 (actual: $83.05-$87.41);
Gold: $1705-$1600 (actual: $1692-$1640);
BP: 373-423 pence (actual: 395-417 pence);
LBG: 31.5-39.5 pence (actual: 33-37 pence).
Have a nice weekend, folks."
18:20pm, 14-10-11, highlighted my fun short 5479 on ftse.
17:17pm, 14-10-11, grabbed 16 quid, so that is 289 quid loss from 22 winners and 22 losers and 1 breakeven out of 45 selections in the 10th series of fun bets. A very poor week indeed.
16:47pm, 14-10-11, highlighted my fun short on ftse 5472.
16:30pm, 14-10-11, grabbed 16 quid, so that is 305 quid loss from 21 winners and 22 losers and 1 breakeven out of 44 selections in the 10th series of fun bets. A very poor week indeed.
10:56pm, 14-10-11, highlighted my fun short on ftse 5466.
10:54pm, 14-10-11, lost that one, so that is 321 quid loss from 20 winners and 22 losers and 1 breakeven out of 43 selections in the 10th series of fun bets.
16:54pm, 13-10-11, highlighted my fun short on ftse 5411.
16:51pm, 13-10-11, chopped it for a tenner, so that is 199 quid loss from 20 winners and 21 losers and 1 breakeven out of 42 selections in the 10th series of fun bets.
14:49pm, 13-10-11, highlighted my fun long on dow 11438.
12:03pm, 13-10-11, grabbed 68 quid, as yankies are waking up! so that is 189 quid loss from 20 winners and 20 losers and 1 breakeven out of 41 selections in the 10th series of fun bets.
08:31am, 13-10-11, highlighted my fun short on ftse again 5433.
07:49am, 13-10-11, grabbed 38 quid, so that is 257 quid loss from 19 winners and 20 losers and 1 breakeven out of 40 selections in the 10th series of fun bets.
10:47am, 12-10-11, highlighted my fun short on ftse 5430.
10:47am, 12-10-11, lost that one, so that is 295 quid loss from 18 winners and 20 losers and 1 breakeven out of 39 selections in the 10th series of fun bets.
08:50am, 12-10-11, highlighted my fun short on ftse 5372.
08:36am, 12-10-11, grabbed 36 quid, so that is 195 quid loss from 18 winners and 19 losers and 1 breakeven out of 38 selections in the 10th series of fun bets.
12:46pm, 11-10-11, highlighted my fun short 11412 on dow.
12:44pm, 11-10-11, chopped it for 2 quid, so that is 231 quid loss from 17 winners and 19 losers and 1 breakeven out of 37 selections in the 10th series of fun bets.
10:40am, 11-10-11, highlighted my fun long on ftse 5360.
09:42am, 11-10-11, grabbed 4 quid on that ill-timed short, so that is 229 quid loss from 17 winners and 18 losers and 1 breakeven out of 36 selections in the 10th series of fun bets.
20:49pm, 10-10-11, highlighted my fun short 11378 on dow.
20:12pm, 10-10-11, lost 30 quid, so that is 233 quid loss from 16 winners and 18 losers and 1 breakeven out of 35 selections in the 10th series of fun bets.
14:43pm, 10-10-11, highlighted my fun short on dow 11308.
14:08pm, 10-10-11, lost 6 quid, so that is 203 quid loss from 16 winners and 17 losers and 1 breakeven out of 34 selections in the 10th series of fun bets.
10:49am, 10-10-11, highlighted my fun short 5340 on ftse.
10:31am, 10-10-11, grabbed 28 quid, so that is 197 quid loss from 16winners and 16 losers and 1 breakeven out of 33 selections in the 10th series of fun bets.
08:03am, 10-10-11, highlighted my fun long on ftse 5323.
20:33pm, 09-10-11, ready, steady, trade. Good luck all.
08:35am, 08-10-11, all reports done, time to chill out, should be an easier week than the last one.
10:23am, 08-10-11, some weekly reflections:
"What a week. The markets have survived one potentially fatal test of the lowerbank on weekly charts and can now reap some rewards for the bulls. Yet again, on such a big occasion, I was on the wrong side. The number of big-occasion mistakes in the past made me wonder whether there is a cunning weakness in me that often jump the ship before it has sunk.
It has been a struggle for me this week in trading. On the purple days, I was thinking I was unbeatable; then on the badhair days, I just could not muster any winners at all. It has been that kind of week. Overall, the fun bets series started the week with 262 pounds in the red, and ended the week with 225 pounds in the red with the loss piling up to 626 pounds in the red at one time (a second historical high in the red, I think), so it is probably best to write off this week. The fun bet series are never a boring bunch for sure.
Throughout the week, folks have been rallying and providing me with plenty of support. I am very grateful for that. Our two Moostars are really showing their individual strength and MF and others have all been very generous in their kindness. But for this week, I am going to award our Iaan as Moostar of the week, as he trades quite nifty in a stormy moo river and provided me with constant support and alerts. Many thanks, buddy, you are our Moostar of the week.
Let's have a look at the forecasts and outcomes:
FTSE 100: 5020-5250 (actual: 4866-5373);
Dow: 10808-11450 (actual: 10402-11246);
Euro/dollar: $1.3360-$1.3750 (actual: $1.3146-$1.3525);
Nymex: $78.20-$85.50 (actual: $74.97-$84);
Gold: $1641-$1513 (actual: $1679-$1596);
Barclays: 150-190 pence (actual: 143-172 pence);
BP: 380-400 pence (actual: 364-404 pence).
Could have been so much a better week, if I'd stuck to the Santa rally theme in trading. Trading is an interesting game, where it demands both flexibility and determination and it is the worst case scenario that you are on determination when it demands flexibility and vice versa, on the wrong end of the stick, so to speak. But it is sufficient to say always stick to the nearest support or resistance, until they are broken.
Have a lovely weekend, folks."
20:31pm, 07-10-11, grabbed 124 quid profit, very poorly traded, so that is 225 quid loss from 15 winners and 16 losers and 1 breakeven out of 32 selections in the 10th series of fun bets.
09:55am, 07-10-11, highlighted my fun long 11092 on dow.
08:52am, 07-10-11, took 121 quid on the dow long, so that is 349 quid loss from 14 winners and 16 losers and 1 breakeven out of 31 selections in the 10th series of fun bets.
16:31pm, 06-10-11, highlighted my fun long on dow 11002.
16:29pm, 06-10-11, chopped that short for 54 quid, so that is 470 quid loss from 13 winners and 16 losers and 1 breakeven out of 30 selections in the 10th series of fun bets.
16:19pm, 06-10-11, highlighted my fun short on ftse 5253.
16:15pm, 06-10-11, lost that one too, so that is 416 quid loss from 13 winners and 15 losers and 1 breakeven out of 29 selections in the 10th series of fun bets.
14:37pm, 06-10-11, highlighted my fun short 5196 on ftse.
14:11pm, 06-10-11, nicked 20 quid, so that is 296 quid loss from 13 winners and 14 losers and 1 breakeven out of 28 selections in the 10th series of fun bets.
10:12am, 06-10-11, lost that one, and highlighted my fun short on ftse 5188, so that is 316 quid loss from 12 winners and 14 losers and 1 breakeven out of 27 selections in the 10th series of fun bets.
07:02am, 06-10-11, highlighted my fun short on ftse 5136.
20:07pm, 05-10-11, chopped that for 16 quid, so that is 196 quid loss from 12 winners and 13 losers and 1 breakeven out of 26 selections in the 10th series of fun bets.
16:05pm, 05-10-11, highlighted my fun short on ftse 5110.
15:48pm, 05-10-11, grabbed 186 quid, so that is 180 quid loss from 12 winners and 12 losers and 1 breakeven out of 25 selections with ftse long running in the 10th series of fun bets.
15:28pm, 05-10-11, locked finally for a free ride.
11:01am, 05-10-11, highlighted my fun long 5016 on ftse.
10:52am, 05-10-11, grabbed 34 quid, so that is 366 quid loss from 11 winners and 12 losers and 1 breakeven out of 24 selections with ftse long running in the 10th series of fun bets.
09:16am, 05-10-11, highlighted my fun short 5028 on ftse.
09:08am, 05-10-11, grabbed 22 quid, so that is 400 quid loss from 10 winners and 12 losers and 1 breakeven out of 23 selections with ftse long running in the 10th series of fun bets.
08:51am, 05-10-11, highlighted my fun long 5003 on ftse.
08:39am, 05-10-11, grabbed 84 quid, so that is 422 quid loss from 9 winners and 12 losers and 1 breakeven out of 22 selections with ftse long running in the 10th series of fun bets.
21:00pm, 04-10-11, highlighted my fun short on ftse 5050.
20:54pm, 04-10-11, grabbed 120 quid, so that is 506 quid loss from 8 winners and 12 losers and 1 breakeven out of 21 selections with ftse long running in the 10th series of fun bets.
18:16pm, 04-10-11, highlighted my fun long 4964 on ftse.
17:12pm, 04-10-11, lost 58 quid, so that is 626 quid loss from 7 winners and 12 losers and 1 breakeven out of 20 selections with ftse long running in the 10th series of fun bets.
09:21am, 04-10-11, highlighted my fun short 4958 on ftse.
08:57am, 04-10-11, this must be my worst run ever, lost that long, so that is 568 quid loss from 7 winners and 11 losers and 1 breakeven out of 19 selections with ftse long running in the 10th series of fun bets.
06:43am, 04-10-11, highlighted my fun long on ftse 4998.
04:39am, 04-10-11, lost that long, so that is 468 quid loss from 7 winners and 10 losers and 1 breakeven out of 19 selections with ftse long running in the 10th series of fun bets.
20:01pm, 03-10-11, grabbed 22 quid and highlighted my fun long 5003 on ftse, so that is 368 quid loss from 7 winners and 9 losers and 1 breakeven out of 18 selections with ftse long running in the 10th series of fun bets.
18:08pm, 03-10-11, highlighted my fun short 5014 on ftse.
18:06pm, 03-10-11, lost that long, so that is 390 quid loss from 6 winners and 9 losers and 1 breakeven out of 16 selections in the 10th series of fun bets.
15:23pm, 03-10-11, highlighted my fun long 5068 on ftse.
15:14pm, 03-10-11, lost that short, got a bit stuck in the mindset, so that is 290 quid loss from 6 winners and 8 losers and 1 breakeven out of 15 selections in the 10th series of fun bets.
09:34am, 03-10-11, highligthed my fun short 5027 on ftse.
09:27an, 03-10-11, grabbed 72 quid, so that is 190 quid loss from 6 winners and 7 losers and 1 breakeven out of 14 selections in the 10th series of fun bets.
07:02am, 03-10-11, highlighted my risky fun long at 4982 on ftse.
21:52pm, 01-10-11, all seven reports done, time to chill out.
06:22am, 01-10-11, some weekly reflections:
"It is a week that made me really miserable, all for nothing, really.
Our 9th Series of fun bets ended on a Club record profit of £1166. And so far, since I started to measure the fun bets in monetary terms, this is the record:
3rd Series: -£290 loss (tried £50 stoploss and failed);
4th Series: £120 profit;
5th Series: £306 profit;
6th Series: £162 profit;
7th Series: -£276 loss;
8th Series: £328 profit;
9th Series: £1166 profit.
Overall, the series made a profit of £1516 for a duration of almost 13 months (started on 13th October 2010 and ended on 27th September 2011, £260 membership cost), so a net potential profit on the fun bet series of £1256. This is done at minimum stakes and a strict stoploss system of mostly £100 per fun bet. Well, I am pleased with the record to date and will take heart from the fact the 9th Series is starting to show a significant uplift. My aim is to produce fun bet series over £1000 profit each and every time.
Well, that was the highlight of the week and things started to wobble for the rest of the week for the 10th Series. It struggled to hold onto profit and ended Friday on a thump at a loss of £262 after 13 selections. I noted the 9th Series also started on a loss, so it gives me encouragement to tighten up entries and exits and will try to turn things around next week.
The main problem for me is an inner foresight that this consolidation period is going to end soon (any minute soon), hence my jitter in not be able to scalp in a consolidating yoyoing range (scalping is usually my strength) . However, it has not happened yet. I got stuck in that and never quite managed myself out of it. Sometimes, it hurts to have that foresight, like in a dark tunnel, everyone is savig up for candles and you know the end of the tunnel is coming to light soon. It is difficult to keep that expectation down. But trading is on what you see now, and one has to trade the range as long as it holds and respect breakouts, easily said than done.
This week, I have to award MS and MG for Moostars again, as MS made the most profits on consistently good calls and MG made significant contributions to the Club by sharing his analyses on the markets (mostly good too). Well done, chaps, you are on a roll here, twice onto the podium.
Let's have a look at the forecasts and outcomes:
FTSE 100: 4970-5200 (actual: 4948-5316);
Dow: 10700-11380 (actual: 10638-11375);
Euro/dollar: $1.3370-$1.3780 (actual: $1.3363-$1.3690);
Nymex: $77.60-$83.60 (actual: $77.14-$84.77);
Gold:$1580-$1706 (actual: $1533-$1678);
BP: 362-390 pence (actual: 380-411 pence);
Barclays: 137-176 pence (actual: 140-172 pence).
Well, the forecasts have been quite good, but it was a question of what to do after they have more or less done my forecast ranges. That is when trading mistakes were made, as I mistook this week for the breakout week, which never came. A fatal mistake indeed. But it is coming up.
Have a lovely weekend, folks."
21:08pm, 30-09-11, lost that one too, so that is 262 quid loss from 5 winners and 7 losers and 1 breakeven out of 13 selections in the 10th series of fun bets. What a miserable day today.
19:57pm, 30-09-11, highlighted my fun long on ftse 5080.
19:52pm, 30-09-11, turning out to be a miserable start for the 10th series, so that is 162 quid loss from 5 winners and 6 losers and 1 breakeven out of 12 selections in the 10th series of fun bets.
17:42pm, 30-09-11, highlighted my fun long on dow 11076.
16:48pm, 30-09-11, grabbed 28 quid, so that is 62 quid loss from 5 winners and 5 losers and 1 breakeven out of 11 selections in the 10th series of fun bets.
14:38pm, 30-09-11, lost that long, higlighted my fun long on ftse 5085, so that is 90 quid loss from 4 winners and 5 losers and 1 breakeven out of 11 selections with ftse long running in the 10th series of fun bets.
09:43am, 30-09-11, highlighted my fun long on dow 11098.
09:39am, 30-09-11, banked 14 quid, so that is 10 quid profit from 4 winners and 4 losers and 1 breakeven out of 9 selections in the 10th series of fun bets.
08:32am, 30-09-11, 30-09-11, chopped that long for 45 quid loss and highlighted my fun short on ftse 5143, so that is 4 quid loss from 3 winners and 4 losers and 1 breakeven out of 8 selections with ftse short running in the 10th series of fun bets.
06:42am, 30-09-11, highlighted my fun long 13555 on euro/dollar.
20:37pm, 29-09-11, grabbed 43 quid, so that is 41 quid profit from 3 winners and 3 losers and 1 breakeven out of 7 selections in the 10th series of fun bets.
19:31pm, 29-09-11, lost that fun long on ftse and highlighted another on dow 11032, so that is 2 quid loss from 2 winners and 3 losers and 1 breakeven out of 6 selections in the 10th series of fun bets.
12:13pm, 29-09-11, highlighted my fun long on ftse 5186.
09:16am, 29-09-11, grabbed 128 quid, it is a sweet night's dream, lol, so that is 98 quid profit from 2 winners and 2 loser and 1 breakeven out of 5 selections in the 10th series of fun bets.
20:52pm, 28-09-11, highlighted my fun long on dow 11028.
20:45pm, 28-09-11, lost that one, so that is 30 quid loss from 1 winner and 2 loser and 1 breakeven out of 4 selections in the 10th series of fun bets.
15:50pm, 28-09-11, highlighted my fun long 5209 on ftse.
15:19pm, 28-09-11, banked 96 quid, so that is 70 quid profit from 1 winner and1 loser and 1 breakeven out of 3 selections in the 10th series of fun bets.
08:56am, 28-09-11, highlighted my fun short on ftse 5271.
08:52am, 28-09-11, the long came out at breakeven, so now reassess, so that is 26 quid loss from 1 loser and 1 breakeven out of 2 selections in the 10th series of fun bets.
20:50pm, 27-09-11, the 11200 limit long order on dow kicked in before I went to bed, so I am on that fun long.
19:57pm, 27-09-11, set up a limit short order and a long limit order too overnight, and see if one of them catches any fish.
19:51pm, 27-09-11, chopped that short, not a happy Tuesday, so that is 26 quid loss from 1 loser out of 1 selection in the 10th series of fun bets.
17:31pm, 27-09-11, highlighted my fun short on dow 11324, this is the first bet in the 10th series of fun bets, a new start.
17:12pm, 27-09-11, lost that last short, so that is 1166 quid profit, from 59 winners and 35 loser and 6 breakevens from 100 selections out of the new series of 100 fun bets. While it has been a pleasure to end this series over 1000 pounds profit for the first time in the Club's history, it has been yet another badhair Tuesday for me, don't know what is so wrong with Tuesdays. Alas, you win some and you lose some and the hope is that you win much more, and that is what we have achieved for this series, which lasted just a little over a month.
13:32pm, 27-09-11, am considering to put the membership subscription back to £40 a month, as the fun bet series are now into a steady stream of good profits. The overall benefits of the club membership is seriously undervalued at £20 a month, given all the hard work I have been putting in. Obviously, for those who are on £20 a month, it will be always be £20 a month, as most current members have been with me through thick and thin.
09:03am, 27-09-11, highlighted my fun short 5192 on ftse, this is the 100th bet in this series, the final one.
08:59am, 27-09-11, grabbed 22 quid, so that is 1386 quid profit, from 59 winners and 34 loser and 6 breakevens from 99 selections out of the new series of 100 fun bets.
08:51am, 27-09-11, highlighted my fun long 5180 on ftse.
08:02am, 27-09-11, out of the short at breakeven, so that is 1364 quid profit, from 58 winners and 34 loser and 6 breakevens from 98 selections out of the new series of 100 fun bets.
06:35am, 27-09-11, highlighted my fun short 5189 on ftse.
21:11pm, 26-09-11, changed my mind about the short, so I am out for a tenner cost, so that is 1364 quid profit, from 58 winners and 34 loser and 5 breakevens from 97 selections out of the new series of 100 fun bets.
20:58pm, 26-09-11, highlighted my fun short on ftse 5160 for a scalp.
20:33pm, 26-09-11, grabbed 114 quid, so that is 1374 quid profit, from 58 winners and 33 loser and 5 breakevens from 96 selections out of the new series of 100 fun bets.
18:09pm, 26-09-11, highlighted my fun long on ftse 5076.
17:18pm, 26-09-11, grabbed 64 quid, so that is 1260 quid profit, from 57 winners and 33 loser and 5 breakevens from 95 selections out of the new series of 100 fun bets.
15:05pm, 26-09-11, highlighted my fun long on ftse 5063.
12:49pm, 26-09-11, bagged a massive 4 quid, as the entry was so poor, so that is 1196 quid profit, from 56 winners and 33 loser and 5 breakevens from 94 selections out of the new series of 100 fun bets.
11:40am, 26-09-11, highlighted my fun short on ftse 5117.
10:10am, 26-09-11, grabbed the money, so that is 1192 quid profit, from 55 winners and 33 loser and 5 breakevens from 93 selections out of the new series of 100 fun bets.
08:56am, 26-09-11, locked in for a ride.
07:36am, 26-09-11, highlighted my fun long on nymex 7770.
20:56pm, 25-09-11, ready, steady, trade, folks, a blackswan week, so be patient with Monday, which should determine the whole week, and this is a week that is going to define the next 5-10 weeks. So keep eyes open and do not rush into a trade. Good night.
21:38pm, 23-09-11, some weekly reflections:
"This has been one very curious week indeed. I traded all the way up so well up to the Fed night, and then things went pearshaped for a night and a bit, and then made some recoveries, only to fall for a trap on Dow again today, mistaking the end of Wave 3 down for the end, and hence suffered some full whacks and some later recoveries again today.
Having gone through all that up and down and made so many mistakes, we ended the week on a historical high of £1002 in profit from 92 selections. The Club history was made yesterday when the fun bets series hit £1130. Well, hopefully, we will be seeing more of these over 1k profit series in the future.
This week saw some good trades fed back to me from members. The one who stood out high and above is MS--if I had woken up to his calls, we would probably be on 2000 pounds profit by now. Alas, I was carried away with my recent good run. Sorry about that, buddy. MG is chipping in some good trades nicely too. His depiction of an alternative bearish count was actually a good one for Wave 5 down. Well, I did not really take that fully on board either. You must say I am a very stubborn person sometimes. And MG is experimenting with calls and puts as well, which is interesting. For the reasons above, I am going to award both MS and MG as Moostars of the Week, congratulations, chaps, you shine like stars this week. Mooooooooooooooooooooo.
Let's have a look at the forecasts and outcomes:
Gold: $1828-$1650 (actual: $1827-$1629);
FTSE100: 5200-5530 (actual: 5378-4925);
Dow: 11100-11800 (actual: 11551-10546);
Euro/dollar: $1.3666-$1.4150 (actual: $1.3798-$1.3385);
Nymex: $91.10-$85.20 (actual: $87.99-$77.56);
BP: 357-414 pence (actual: 374-416 pence);
Barclays Bank: 142-182 pence (actual: 134-158 pence).
Well, up till the Fed announcements, the forecasts were looking good, then bang! It all went pearshaped and I was caught pants down on the night, due to the sharp contrast in my optimistic expectations for a QE3. Luckily, recovered in quick time in trading, otherwise, this could be a disastrous week.
There is never a boring day in the moorivers.
Have a nice weekend."
18:51pm, 23-09-11, grabbed 66 quid, so that is 1002 quid profit, from 54 winners and 33 loser and 5 breakevens from 92 selections out of the new series of 100 fun bets.
18:04pm, 23-09-11, highlighted my fun long on dow near 10720.
16:29pm, 23-09-11, grabbed 84 quid, so that is 936 quid profit, from 53 winners and 33 loser and 5 breakevens from 91 selections out of the new series of 100 fun bets.
15:17pm, 23-09-11, highlighted my fun long on dow 10666.
14:36pm, 23-09-11, grabbed 112 quid, so that is 852 quid profit, from 52 winners and 33 loser and 5 breakevens from 90 selections out of the new series of 100 fun bets.
13:19pm, 23-09-11, highlighted my fun long 4956 on ftse.
13:13pm, 23-09-11, got a tenner, so that is 740 quid profit, from 51 winners and 33 loser and 5 breakevens from 89 selections out of the new series of 100 fun bets.
12:25pm, 23-09-11, highlighted my fun short 4951 on ftse.
12:01pm, 23-09-11, lost that long, so that is 730 quid profit, from 50 winners and 33 loser and 5 breakevens from 88 selections out of the new series of 100 fun bets.
07:01am, 23-09-11, highlighted my fun long 5065 on ftse.
05:46am, 23-09-11, lost that one, so that is 930 quid profit, from 50 winners and 32 loser and 5 breakevens from 87 selections out of the new series of 100 fun bets.
20:49pm,22-09-11, highlighted my fun short on ftse near 5035.
20:24pm, 22-09-11, that wasn't a good move, lost that one, so that is 1030 quid profit, from 50 winners and 31 loser and 5 breakevens from 86 selections out of the new series of 100 fun bets.
19:47pm, 22-09-11, highlighted my fun long at 10700 on dow.
19:35pm, 22-09-11, grabbed 30 quid, so that is 1130 quid profit, from 50 winners and 30 loser and 5 breakevens from 85 selections out of the new series of 100 fun bets.
17:49pm, 22-09-11, highlighted my fun short 5046 on ftse.
15:47pm, 22-09-11, grabbed 42 quid, so that is 1100 quid profit, from 49 winners and 30 loser and 5 breakevens from 84 selections out of the new series of 100 fun bets.
12:45pm, 22-09-11, highlighted my fun long on ftse 5048.
10:33am, 22-09-11, banked 176 quid, so that is 1058 quid profit, from 48 winners and 30 loser and 5 breakevens from 83 selections out of the new series of 100 fun bets.
07:02am, 22-09-11, highlighted my fun short 5157 on ftse.
20:36pm, 21-09-11, lost 32 quid, that is it for today, better sleep over it, so that is 882 quid profit, from 47 winners and 30 loser and 5 breakevens from 82 selections out of the new series of 100 fun bets.
20:27pm, 21-09-11, highlighted my fun long on ftse 5254.
20:09pm, 21-09-11, lost 8 quid, that is that, had enough of a badhair day today, so that is 914 quid profit, from 47 winners and 29 loser and 5 breakevens from 81 selections out of the new series of 100 fun bets.
19:51pm, 21-09-11, highlighted my fun long on ftse 5265.
18:10pm, 21-09-11, grabbed 8 quid, chickening out, so that is 922 quid profit, from 47 winners and 28 loser and 5 breakevens from 80 selections out of the new series of 100 fun bets.
16:34pm, 21-09-11, highlighted my fun long 5280 on ftse.
15:50pm, 21-09-11, lost 116 quid on that long, so that is 914 quid profit, from 46 winners and 28 loser and 5 breakevens from 79 selections out of the new series of 100 fun bets.
20:33pm, 20-09-11, highlighted my fun long 5338 on ftse.
20:09pm, 20-09-11, grabbed 28 quid, so that is 1030 quid profit, from 46 winners and 27 loser and 5 breakevens from 78 selections out of the new series of 100 fun bets.
19:41pm, 20-09-11, highlighted my fun short 5353 on ftse.
16:45pm, 20-09-11, grabbed 18 quid, so that is 1002 quid profit, from 45 winners and 27 loser and 5 breakevens from 77 selections out of the new series of 100 fun bets.
16:08pm, 20-09-11, highlighted my fun short on ftse 5371.
10:18am, 20-09-11, grabbed 92 quid, so that is 984 quid profit, from 44 winners and 27 loser and 5 breakevens from 76 selections out of the new series of 100 fun bets.
08:21am, 20-09-11, highlighted my fun long 5252 on ftse.
20:40pm, 19-09-11, grabbed 68 quid, happy with that one, so that is 892 quid profit, from 43 winners and 27 loser and 5 breakevens from 75 selections out of the new series of 100 fun bets.
19:23pm, 19-09-11, highlighted my fun long at 5268 on ftse.
16:27pm, 19-09-11, grabbed 24 quid, the entry was poor, so that is 824 quid profit, from 42 winners and 27 loser and 5 breakevens from 74 selections out of the new series of 100 fun bets.
14:35pm, 19-09-11, highlighted my fun long 5256, 50 stop loss.
13:14pm, 19-09-11, went out for a bit and missed a scalp, but out of the long now for 4 quid, so that is 800 quid profit, from 41 winners and 27 loser and 5 breakevens from 73 selections out of the new series of 100 fun bets.
10:39am, 19-09-11, highlighted my fun long on ftse 5263.
10:03am, 19-09-11, grabbed 98 quid, so that is 796 quid profit, from 40 winners and 27 loser and 5 breakevens from 72 selections out of the new series of 100 fun bets.
08:17am, 19-08-11, highlighted my fun short 5303 on ftse.
08:09am,19-09-11, grabbed 64 quid, so that 698 quid profit, from 39 winners and 27 loser and 5 breakevens from 71 selections out of the new series of 100 fun bets.
07:58am, 19-09-11, highlighted my fun long 5279.
06:35am, 19-09-11, gapped down overnight as expected, set up a limit short order on ftse and see if it catches the spike at the open.
21:58pm, 16-09-11, some weekly reflections:
"
Well, it has been one frustrating end to the week today, had a flying start and then got stuck in a wrong mindset all day long, missing out on some 200 quid potential profits, if I'd gone for scalping rather than trending.
However, overall, the fun bet series has grown to 634 quid from 70 selections. Could really have pushed it a bit closer to a thousand today!
I think when the market started to climb into unchartered territories, the mind started to waver a bit about buying. Well, in this futures market, there is nothing too low to be shorted and nothing too high to be longed.
I am expecting a more difficult week in the coming week, but we will try to do our best there.
Suddenly, it has been a very quiet week this week. We will give the moostar award a miss this week.
Let's have a look at the forecasts and outcomes:
FTSE 100: 5310-4940 (actual: 5407-5058);
Dow: 11250-10680 (actual: 11533-10776);
Euro/dollar: $1.3860-$1.3390 (actual: $1.3937-$1.3498);
Gold: $1794-$1942 (actual: $1763-$1861);
Nymex: $89.90-$85.12 (actual: $90.52-$85.01);
BP: 348-388 pence (actual: 367-418 pence);
Barclays: 155-100 pence (actual: 169-136 pence).
Have a lovely weekend, folks."
19:32pm, 16-09-11, lost 16 quid, didn't get the dynamics of hope correctly, so that is that, that is 634 quid profit, from 38 winners and 27 loser and 5 breakevens from 70 selections out of the new series of 100 fun bets.
10:23am, 16-09-11, highlighted my fun short on ftse 5371.
09:39am, 16-09-11, grabbed 80 quid for the morning session, so that is 650 quid profit, from 38 winners and 26 loser and 5 breakevens from 69 selections out of the new series of 100 fun bets.
07:13am, 16-09-11, highlighted my fun short on ftse 100 5393.
21:35pm, 15-09-11, grabbed 54 quid, so that is 570 quid profit, from 37 winners and 26 loser and 5 breakevens from 68 selections out of the new series of 100 fun bets.
20:23pm, 15-09-11, locked overnight, see if there is a ride for this one and also set up a limit order on ftse.
18:27pm, 15-09-11, highlighted my fun long 5362 on ftse.
16:05pm, 15-09-11, grabbed 22 quid, not going very far here, so that is 516 quid profit, from 36 winners and 26 loser and 5 breakevens from 67 selections out of the new series of 100 fun bets.
14:25pm, 15-09-11, highlighted my fun short on ftse 5351.
14:04pm, 15-09-11, lost 12 quid, so that is 494 quid profit, from 35 winners and 26 loser and 5 breakevens from 66 selections out of the new series of 100 fun bets.
13:04pm, 15-09-11, highlighted my fun short 5323 on ftse.
12:01pm, 15-09-11, limit fun short order placed on ftse.
11:49am, 15-09-11, chopped that one and have a second thought, so that is 506 quid profit, from 35 winners and 25 loser and 5 breakevens from 65 selections out of the new series of 100 fun bets.
07:32am, 15-09-11, highlighted my fun short 5294 on ftse.
21:37pm, 14-09-11, nipped 34 quid, ready for bed, so that is 558 quid profit, from 35 winners and 24 loser and 5 breakevens from 64 selections out of the new series of 100 fun bets.
20:43pm, 14-09-11, highlighted my fun short 5314 on ftse, target 5280.
16:05pm, 14-09-11, got it wrong, got so keen, chopped for six quid loss, so that is 524 quid profit, from 34 winners and 24 loser and 5 breakevens from 63 selections out of the new series of 100 fun bets.
15:13pm, 14-09-11, highlighted my fun long on ftse 5232.
11:59am, 14-09-11, grabbed 250 quid, so that is 530 quid profit, from 34 winners and 23 loser and 5 breakevens from 62 selections out of the new series of 100 fun bets.
06:55am, 14-09-11, highlighted my fun long on ftse 5128.
19:31pm, 13-09-11, lost 40 quid, so that is 280 quid profit, from 33 winners and 23 loser and 5 breakevens from 61 selections out of the new series of 100 fun bets.
19:14pm, 13-09-11, highlighted my fun short on ftse 5210.
19:14pm, 13-09-11, lost that one, so that is 320 quid profit, from 33 winners and 22 loser and 5 breakevens from 60 selections out of the new series of 100 fun bets.
15:58pm, 13-09-11, highlighted my fun short 5170 on ftse.
13:53pm, 13-09-11, grabbed 120 quid, so that is 420 quid profit, from 33 winners and 21 loser and 5 breakevens from 59 selections out of the new series of 100 fun bets. Not building up a run so far.
09:03am, 13-09-11, highlighted my fun long from 5112 on ftse.
08:59am, 13-09-11, lost 120 quid, annoyed, so that is 300 quid profit, from 32 winners and 21 loser and 5 breakevens from 58 selections out of the new series of 100 fun bets.
08:12am, 13-09-11, highlighted my fun long on ftse 5155.
18:01pm, 12-09-11, grabbed 40 quid, not going very fast here, so that is 420 quid profit, from 32 winners and 20 loser and 5 breakevens from 57 selections out of the new series of 100 fun bets.
16:50pm, 12-09-11, highlighted my fun short on dow 10927.
15:32pm, 12-09-11, lost 22 quid, not getting the timing right, so that is 380 quid profit, from 31 winners and 20 loser and 5 breakevens from 56 selections out of the new series of 100 fun bets.
14:49pm, 12-09-11, highlighted my fun short 10899 on dow.
12:50pm, 12-09-11, come out with 2 quid profit, so that is 402 quid profit, from 31 winners and 19 loser and 5 breakevens from 55 selections out of the new series of 100 fun bets.
12:16pm, 12-09-11, highlighted my fun long on dow 10832.
10:53am, 12-09-11, grabbed 34 quid, so that is 400 quid profit, from 30 winners and 19 loser and 5 breakevens from 54 selections out of the new series of 100 fun bets.
10:01am, 12-09-11, annoyed with that, chopped on the dot with tightened stop loss and missed a scalp north, now highlighted my fun short 5140 on ftse.
09:10am, 12-09-11, lost 60 quid, so that is 366 quid profit, from 29 winners and 19 loser and 5 breakevens from 53 selections out of the new series of 100 fun bets.
08:43am, 12-09-11, highlighted my fun long on ftse 5100.
13:21pm, 10-09-11, some of these penny shares have been creeping upwards lately:
Sareum Holdings: this one has made a perfect Wave 2 down to 23.6% near 1.1p, and it has shaped up a prolonged a bullflag on the daily chart within the boundaries of a useful bullishly angled Gann's fan. Need to break 1.8p on a daily close to confirm the bullflag which gives it a target near 3.4p, though a fib target for Wave 3 is near 7.7p minimum;
Red Emperor Resouces: it is full of Rgaps and it has made a perfect 23.6% pullback, as Wave 2; and it is almost touching the last Gfan line. but mind you, the annoying Gann's fan moves with the market movements, lol, until it runs out of options; so if it holds above 28p, then its fib target is 45.2p minimum; so if you like the fundamentals, then 27p stoploss from here, or wait for it to rise through the next fanline near 30p, from there, it becomes more bullishly oriented, without 30p, it might still be stuck in the rot!
etc etc.
21:52pm, 09-09-11, some weekly reflections:
"
It has been one strange week. We had two perfect days, Monday and Friday and three not so perfect days. It could have been a lot better, but my missing the action on Tuesday has its costs. Amazingly, the human heart of mine just can not deal with being late for the train north. While I knew it was headed north, after Tuesday, I just couldn't bother to catch it half-way. Instead, I resorted to the common practice to pissing against the wind and got a very wet message from the markets--lesson learnt again, folks, never piss agains the wind, whatever you do, get that direction of the wind right.
Still, a high beginning often means trouble, don't you think? We started Monday really on a high, a solid trade there, which took us to over 300 quid in profit. And hopes were really high in my heart, but alas, it was not to be.
In the end, having had a solid Friday, the fun bet series is now standingn at 426 quid in profit from 52 selections. Yes, I know we have been higher in the previous series, it is where it ends that matters, so is life, the beginning hardly matters, doesn't it? Yes, I know I have been watching a few comedy clips after a glass of sobering red wine.
Let's all toast this week's Moostar trader Lady S., yet again who has suddenly turned into a megatrader, slipping in and out of luk2/suk2 and lbul/sbul like a fish in the water, very swiftly with great timing. And she has bagged various sums of profits from share trading as well, yes, indeed, making money from buying and selling shares in this market!! That really takes the cheese off my cheesecake. Who should be calling the shots here! lol. So very well done, Lady S., that holiday abroad has really worked out a treat, maybe I should go for one as well. Mind you, a good number of members have bagged some tidy sums this week. So I guess on the whole, it has been a happy week for the Club.
Let's have a look at my weekly forecasts and outcomes and have a chuckle about them, well, who says men can predict the future, think again:
FTSE 100: 5270-4970 (actual: 5375-5047);
Dow: 11330-10820 (actual: 11480-10931);
Gold: $2050-$1879 (actual: $1921-$1793);
Euro/dollar: $1.4350-$1.3680 (actual: $1.4284-$1.3651, not bad here!);
Nymex: $87.30-$81.50 (actual: $90.44-$83.21);
Barclays: 150-178 pence (actual: 144-167 pence);
BP: 384-337 (actual: 391-362 pence).
Well, could have been better really.
Have a nice weekend, folks."
18:23pm, 09-09-11, grabbed 50 quid, that is it for the week, I think, so that is 426 quid profit, from 29 winners and 18 loser and 5 breakevens from 52 selections out of the new series of 100 fun bets.
17:40pm, 09-09-11, one of the happy feedbacks from members:
"Well done mate great trade today .I'm looking for a bounce from 5150 and also good shout on Barc last week I was in from 2.25 and 1.52 ave 1.77 got out last week 1.82 would love to load up next week from £1 ."
17:39pm, 09-09-11, highlighted my fun long on eur/dollar 1.3635.
17:07pm, 09-09-11, grabbed 304 quid, that is for the week, so that is 376 quid profit, from 28 winners and 18 loser and 5 breakevens from 51 selections out of the new series of 100 fun bets. Earlier diary, forgot to amend the words in red to in profit as that 98 quid profit turned us into profit earlier on. Anyway, that is that. Have a nice weekend, folks.
12:41pm, 09-09-11, locked for a ride.
08:10am, 09-09-11, highlighted my fun short on ftse 5347.
08:07am, 09-09-11, lost 2 quid, so that is 72 quid in profit, from 27 winners and 18 loser and 5 breakevens from 50 selections out of the new series of 100 fun bets.
07:06am, 09-09-11, highlighted my fun long on euro/dollar 13912.
19:57pm, 08-09-11, grabbed 98 quid, was expecting more, so missed a scalp for 140 quid, not happy with that, so that is 74 quid in profit, from 27 winners and 17 loser and 5 breakevens from 49 selections out of the new series of 100 fun bets.
12:04pm, 08-09-11, highlighted my fun short on ftse 5347.
10:45am, 08-09-11, chopped that short for 8 quid, so out for a walkabout, set a limit order waiting for a BOE spike, so that is 24 quid in red, from 26 winners and 17 loser and 5 breakevens from 48 selections out of the new series of 100 fun bets.
09:46am, 08-09-11, highlighted my fun short on ftse 5358.
09:40am, 08-09-11, lost that one, so that is 16 quid in red, from 26 winners and 16 loser and 5 breakevens from 47 selections out of the new series of 100 fun bets.
08:56am, 08-09-11, highlighted my fun short ong ftse 5306.
07:50am, 08-09-11, grabbed 58 quid, so that is 84 quid in profit, from 26winners and 15 loser and 5 breakevens from 46 selections out of the new series of 100 fun bets.
20:09pm, 07-09-11, highlighted my fun short on ftse 5354, for a scalp.
20:04pm, 07-09-11, fighting the wrong enemy here, lost that one too, so that is 26 quid in profit, from 25 winners and 15 loser and 5 breakevens from 45 selections out of the new series of 100 fun bets.
15:13pm, 07-09-11, highlighted my fun short on ftse 5300.
15:11pm, 07-09-11, lost that one, so that is 146 quid in profit, from 25 winners and 14 loser and 5 breakevens from 44 selections out of the new series of 100 fun bets.
12:36pm, 07-09-11, highlighted my fun short 5250 again on ftse.
10:50am, 07-09-11, nipped 4 quid, so that is 266 quid in profit, from 25 winners and 13 loser and 5 breakevens from 43 selections out of the new series of 100 fun bets.
08:50am, 07-09-11, highlighted my fun short on ftse 5250.
08:13am, 07-09-11, out of gold short for a fiver, so that is 262 quid in profit, from 24 winners and 13 loser and 5 breakevens from 42 selections out of the new series of 100 fun bets.
06:34am, 07-09-11, highlighted my fun short on gold 1844.
06:28am, 07-09-11, limit short order cancelled.
21:43pm, 06-09-11, set up a fun limit short order on ftse, waiting to see whether it catches it overnight.
20:10pm, 06-09-11, not good, chopped that one, so that is 257 quid in profit, from 23 winners and 13 loser and 5 breakevens from 41 selections out of the new series of 100 fun bets.
16:38pm, 06-09-11, highlighted my fun short on ftse 5155, the dividend is gone anyways and have been out all day, so missed a few scalps.
16:43pm, 05-09-11, finally grabbed 240 quid, so that is 301 quid in profit, from 23 winners and 12 loser and 5 breakevens from 40 selections out of the new series of 100 fun bets.
09:13am, 05-09-11, highlighted my fun short on ftse 5212.
09:01am, 05-09-11, grabbed 14 quid, entry was a bit too keen, so that is 61 quid in profit, from 22 winners and 12 loser and 5 breakevens from 39 selections out of the new series of 100 fun bets.
07:06am, 05-09-11, highlighted my fun long on ftse 5213.
23:09pm, 04-09-11, ready, steady, trade, bears!
21:48pm, 02-09-11, some weekly reflections (confessions, lol):
"This really feels like a bad-hair week. While the weekly studies did reasonably well, the bank holidays gaps made it extremely hard to trade in the right direction and I think I lost that physchological warfare to buy at higher and higher prices. It kinda felt weird as the reluctance to trade the rising trend was tremendous. Overall, a very poor week with the fun bets barely in profit now by 47 quid.
However, we had a good run with LUK2 and SUK2 with quite a few members reporting good profits from these two instruments, which is a relief.
For this week, I am awarding our Lady S as Moostar of the week, as she cashed in her Barclays shares at the very top of 181 pence. That probably has made here the best trader of the week both inside and outside the Club. And then she nipped a few quid on suk2 as well on the way down. And mind you, she is only managing these trades while holidaying abroad, how cool that is! Well done, Lady S., you have proven to be a good trader, as well as one luckiest lady in the world! I am glad to have you here in the Club.
Let's have a look at the forecasts and outcomes:
FTSE 100: 5100-5380 (actual: 5154-5450);
Dow: 11130-11660 (actual: 11212-11716);
Gold: $1835-$1745 (actual: $1885-$1776);
Nymex: $89-$84 (actual: $89.90-$85.12);
Euro/dollar: $1.4660-$1.4410 (actual: $1.4549-$1.4185);
Barclays: 155-200 pence (actual: 162-182 pence);
BP: 383-412 pence (actual: 368-405 pence).
Well, I know, this is a good bunch of weekly forecasts, yet again, the moorivertrader is lagging badly behind.
Have a nice weekend, folks. This weekend's study will involve a lot more work with the new month, so it might take some time for me to work out the ranges tomorrow, probably over to Sunday."
20:48pm, 02-09-11, what an aweful week, everything went wrong in trading here, so lost 28 quid on that long, that is 47 quid in profit, from 21 winners and 12 loser and 5 breakevens from 38 selections out of the new series of 100 fun bets. Everything that could have gone wrong with trading has gone wrong, alas! Have a nice weekend, folks.
17:05pm, 02-09-11, some members had a good week:
"
That's me all in cash again. Nice ride on the suk2 there so that's both luk2 and suk2 paid out this week :)
May give it a miss on Monday ....
Have a good weekend
A. "
14:35pm, 02-09-11, highlighted my fun long on ftse 5275.
13:34pm, 02-09-11, taken off the limit long order, wish I'd go for that short order.
12:31pm, 02-09-11, set up a limit fun long on ftse near 5260 to catch the dive upon non-farm payroll, if any. The alternative catching order is 5370 short, but I am sided with this long for now. The non-farm payroll tends to spike and then dive and then reverse a few times; or dive and then spike and then reverse a few times. It is never a boring day, for sure.
11:05am, 02-09-11, set up a limit order on ftse for the non-farm payroll. That is it!
10:58am, 02-09-11, got the sequence of events wrong, chopped the long and that is 75 quid in profit, from 21 winners and 11 loser and 5 breakevens from 37 selections out of the new series of 100 fun bets.
06:53am, 02-09-11, highlighted my fun long on ftse 5342.
05:52am, 02-09-11, this is the morning update on ftse:
"an interesting nonfarm payroll day coming up
1. gap at 5418, pivot 5382
2. morning: buy for 5420ish;
3.afternoon, short near 5420ish for 5280ish
4. evening, buy near 5280ish for 5350 or hold for 5500ish next week
I have gone long with a bigger stop loss targeting 5380 and hopefully, when you wake up, there is still a good price to go long for 5420ish, the spike upon 1:30 US jobs data
good luck all
PS will get out of suk2 in the afternoon, upon weakness"
18:43pm, 01-09-11, came out at breakeven, that is a relief, not had a good day, so that is 119 quid in profit, from 21 winners and 10 loser and 5 breakevens from 36 selections out of the new series of 100 fun bets.
17:00pm, 01-09-11, highlighted my fun short 8923.
16:01pm, 01-09-11, grabbed 88 quid, so that is 119 quid in profit, from 21 winners and 10 loser and 4 breakevens from 35 selections out of the new series of 100 fun bets.
15:10pm, 01-09-11, highlighted my fun short 5444 on ftse.
15:04pm, 01-09-11, lost that one to the spike, so that is 31 quid in profit, from 20 winners and 10 loser and 4 breakevens from 34 selections out of the new series of 100 fun bets.
12:42pm, 01-09-11, highlighted my fun short on ftse 5378.
09:29am, 01-09-11, grabbed 36 quid, so that is 131 quid in profit, from 20 winners and 9 loser and 4 breakevens from 33 selections out of the new series of 100 fun bets.
08:10am, 01-09-11, grabbed 38 quid on the ftse short, as I have better hope for the oil short, so that is 95 quid in profit, from 19 winners and 9 loser and 4 breakevens from 33 selections out of the new series of 100 fun bets with the oil short running.
07:48am, 1-09-11, highlighted my second running fun short on ftse 5400.
19:59pm, 31-08-11, highlighted my fun short on nymex 8900.
19:19pm, 31-08-11, grabbed 50 quid, so that is 57 quid in profit, from 18 winners and 9 loser and 4 breakevens from 31 selections out of the new series of 100 fun bets.
15:23pm, 31-08-11, highlighted my fun short on ftse 5408.
15:21pm, 31-08-11, lost that one too, having found harder to buy with the trend, so that is 7 quid in profit, from 17 winners and 9 loser and 4 breakevens from 30 selections out of the new series of 100 fun bets.
14:16pm, 31-08-11, highlighted my fun short 5342 on ftse.
12:22pm, 31-08-11, another breakeven, so that is 147 quid in profit, from 17 winners and 8 loser and 4 breakevens from 29 selections out of the new series of 100 fun bets.
11:45am, 31-08-11, highlighted my fun short on ftse 5318.
11:31am, 31-08-11, grabbed 78 quid, so that is 147 quid in profit, from 17 winners and 8 loser and 3 breakevens from 28 selections out of the new series of 100 fun bets.
09:37am, 31-08-11, highlighted my fun short 8868 on nymex.
09:34am, 31-08-11, lost that one, so that is 69 quid in profit, from 16 winners and 8 loser and 3 breakevens from 27 selections out of the new series of 100 fun bets.
06:49am, 31-08-11, highlighted my fun short on ftse 5264.
21:08pm, 30-08-11, another breakeven, so that is 189 quid in profit, from 16 winners and 7 loser and 3 breakevens from 26 selections out of the new series of 100 fun bets. It seems that I have seriously underestimated the difficulty in trading this week because of the bank holiday Monday gap! good night.
18:40pm, 30-08-11, highlighted my fun short 8872 on nymex.
16:13pm, 30-08-11, another breakeven, so that is 189 quid in profit, from 16 winners and 7 loser and 2 breakevens from 25 selections out of the new series of 100 fun bets.
08:30am, 30-08-11, highlighted my fun long on ftse 5256.
07:35am, 30-08-11, came out at breakeven, as the entry was poor, out of a bit of impatience, I think, so that is 189 quid in profit, from 16 winners and 7 loser and 1 breakeven from 24 selections out of the new series of 100 fun bets.
21:25pm, 29-08-11, highlighted my fun short 5250 on ftse just now, limit set too.
16:13pm, 29-08-11, grabbed 8 quid, so that is 189 quid in profit, from 16 winners and 7 loser from 23 selections out of the new series of 100 fun bets.
15:09pm, 29-08-11, highlighted my fun short on ftse 5222.
16:11pm, 28-08-11, taken off the reports now, ready, steady, trade. Good luck, folks.
15:17pm, 27-08-11, done all the seven reports now, looks straight forward to me, it is a matter of trading, yes, trading is the key as always, seeing is not everything, trading to profits is! happy holidays, folks.
21:39pm, 26-08-11, some weekly reflections:
"
This week could really have been a lot better. Alas, it wasn't to be. Opened a good number of fun bets at the very best prices, but never held them to a full ride. There has been a mixture of bargain trades and hard trades, the latter still shows an inability to stay aloof from the markets when the bargains are no longer there any more.
The new fun bet series went under by over 200 quid at one time and ended the week on 181 quid in profit, after 22 selections. It does go thick and fast these days. I think the effects of them two stormy weeks are still here. Really need to slow down and pick the least risky and most profitable trades amongst the millions of opportunities out there. And will try harder to ride the freeriders to full fruitation.
For this week, I have a straight forward choice for the Moostar Award, that goes to our Mooartist MF, whose timely shout saved me a full whack on a ftse fun long. Well done, buddy, keep them coming!
Let's take a look at the forecasts and outcomes:
FTSE 100: 5270-4890 (actual: 5253-4961);
Dow: 11400-10700 (10550 Reserve)(actual: 11402-10752);
Gold: $1880-$1698 (actual: $1912-$1703);
Euro/dollar: $1.4480-$1.4150(actual: $1.4502-$1.4328);
Nymex: $84.50-$78.80 ($75.70 Reserve) (actual: $86.59-$81.18);
BP: 381-420 pence (actual: 375-404 pence);
Barclays: 188-135 pence (actual: 164-142 pence).
I think I am reasonably satisfied with the job done by the Mooriverwatcher, it is the Moorivertrader who has again got some catchup to do.
Have a lovely weekend, folks."
17:21pm, 26-08-11, nicked 28 quid, so that is 181 quid in profit, from 15 winners and 7 loser from 22 selections out of the new series of 100 fun bets.
17:12pm, 26-08-11, highlighted my fun short on dow 11320.
15:27pm, 26-08-11, banked 150 quid, so a good end, so that is 153 quid in profit, from 14 winners and 7 loser from 21 selections out of the new series of 100 fun bets.
15:08pm, 26-08-11, highlighted my fun long on dow 10950.
11:40am, 26-08-11, banked a massive 6 quid profit, not going anywhere this week, so that is 3 quid in profit, from 13 winners and 7 loser from 20 selections out of the new series of 100 fun bets. Not going great in trading at the mo.
10:53am, 26-08-11, highlighted my fun short on ftse 5110.
10:32am, 26-08-11, chopped that short, so that is 3 quid in red, from 12 winners and 7 loser from 19 selections out of the new series of 100 fun bets. Not going great in trading at the mo.
09:44am, 26-08-11, highlighted my fun short on ftse near 5103.
09:34am, 26-08-11, got stopped out for a quid, not having much luck with trading, so that is 11 quid in profit, from 12 winners and 6 loser from 18 selections out of the new series of 100 fun bets. Not going great in trading at the mo.
08:36am, 26-08-11, locked in for a little ride.
07:56am, 26-08-11, highlighted my fun short on dow near 11186 (this update is a bit delayed, too much to study this morning).
19:49pm, 25-08-11, taken 12 quid, so that is 10 quid in profit, from 11 winners and 6 loser from 17 selections out of the new series of 100 fun bets. Not going great in trading at the mo.
18:29pm, 25-08-11, highlighted my fun long on ftse 5123.
17:09pm, 25-08-11, chopped that long, so that is 2 quid in red, from 10 winners and 6 loser from 16 selections out of the new series of 100 fun bets. Not going great in trading at the mo.
15:24pm, 25-08-11, highlighted my fun long 11228 on dow.
14:52pm, 25-08-11, grabbed 40 quid, so that is 37 quid in profit, from 10winners and 5 loser from 15 selections out of the new series of 100 fun bets. Not going great in trading at the mo.
14:24pm, 25-08-11, highlighted my fun short 11364 on dow.
14:16pm, 25-08-11, lost that one, so that is 3 quid in red, from 9 winners and 5 loser from 14 selections out of the new series of 100 fun bets.
13:32pm, 25-08-11, highlighted my fun short on nymex 8567.
13:07pm, 25-08-11, nabbed 16 quid, not in a rampant mood today, so that is 47 quid in profit, from 9 winners and 4 loser from 13 selections out of the new series of 100 fun bets.
11:07am, 25-08-11, highlighted my fun long on ftse 5198.
10:25pm, 25-08-11, banked a fiver, not the most clever thing not to have grabbed the earlier 40-50 quid profit, so that is 31 quid in profit, from 8 winners and 4 loser from 12 selections out of the new series of 100 fun bets.
20:41pm, 24-08-11, highlighted my fun short 11309 on dow.
15:30pm, 24-08-11, placed a limit fun order on ftse and now chilling out and let the moorivers flow by.
12:21pm, 24-08-11, grabbed 66 quid, so that is 26 quid in profit, from 7 winners and 4 loser from 11 selections out of the new series of 100 fun bets.
08:19am, 24-08-11, highlighted my fun long 5105 on ftse.
07:49am, 24-08-11, banked 100 quid, 5150 is proving a bit sticky, so that is
40 quid in red, from 6 winners and 4 loser from 10 selections out of the new series of 100 fun bets.
06:45am, 24-08-11, locked in for a ride.
21:07pm, 23-08-11, highlighted my fun short on ftse 5202.
21:03pm, 23-08-11, lost that one, that was one big mistake, so that is 140 quid in red, from 5 winners and 4 loser from 9 selections out of the new series of 100 fun bets.
19:32pm, 23-08-11, highlighted my fun short on ftse 5162.
18:27pm, 23-08-11, grabbed 26 quid, time for dinner, so that is 40 quid in red, from 5 winners and 3 loser from 8 selections out of the new series of 100 fun bets.
17:59pm, 23-08-11, highlighted my fun short on dow 11087.
16:57pm, 23-08-11, banked near 11055, so that is 66 quid in red, from 4 winners and 3 loser from 7 selections out of the new series of 100 fun bets.
14:43pm, 23-08-11, highlighted my fun long on dow 10888.
14:42pm, 23-08-11, it was a straight forward back to pivot job, so it has cost dearly, now that is 233 quid in red, from 3 winners and 3 loser from 6selections out of the new series of 100 fun bets.
14:32pm, 23-08-11, on extra extended lifeline here, hanging on.
10:23am, 23-08-11, highlighted my fun long 5161 on ftse.
09:32am, 23-08-11, grabbed 26 quid, only a scalp, a teaser, if you like, so that is 71 quid in red, from 3 winners and 2 loser from 5 selections out of the new series of 100 fun bets.
09:09am, 23-08-11, highlighted my fun short on ftse 5188.
08:40am, 23-08-11, grabbed 142 quid, so that is 97 quid in red, from 2 winners and 2 loser from 4 selections out of the new series of 100 fun bets.
07:37am, 23-08-11, locked for the ride, see how far it can go. It is Tuesday, a traditionally bulls day.
16:26pm, 22-08-11, highlighted my fun long 10882 on dow.
16:21pm, 22-08-11, it gets worse, lost another one, so that is 239 quid in red, from 1 winner and 2 loser from 3 selections out of the new series of 100 fun bets.
13:47pm, 22-08-11, highlighted my fun long 11005 on dow.
13:33pm, 22-08-11, got stopped out for a quid profit, so that is 119 quid in red, from 1 winner and 1 loser from 2 selections out of the new series of 100 fun bets.
13:26pm, 22-08-11, locked and see how it goes.
12:58pm, 22-08-11, highlighted my fun short on dow 10985.
12:47pm, 22-08-11, got it wrong, the victory celebration is a powerful, so that is 120 quid in the red for the new fun bet series, a sobering start, lol.
09:00am, 22-08-11, highlighted my fun short on ftse 5108, the first fun bet in the new series.
21:17pm, 21-08-11, taken off the dow report now, ready, steady, trade, folks, good luck all.
07:49am, 21-08-11, you must have read the gold report now, so put up the Dow report instead, take care.
16:38pm, 20-08-11, done all seven reports, can someone email me to suggest why this Monday could be a big black one??? I am curious to know. Take care, folks, or shall I say, take cover for Monday.
07:35am, 20-08-11, weekly reflections as follows:
" Another fascinating week. Just realised that I have lost 3 kg in weight in the past two weeks, well, who needs dieting when you can go for fun-charged spreadbetting where loosening a few pounds does come true often, lol!!!! In the height-weight ratio scales, I am now slightly under weight, which is always a blessing. There is always a silver lining for every dark cloud, haha.
We have finished the current series of 100 fun bets at a profit of 328 pounds, which is an improvement from last series' loss of 276 pounds. This series has been fast and furious as our normal series are over two months, this one finished in one month. This series saw a peak of 870 pounds profit, but after that glimmer of getting rich quick, it turned out to be a flash in the pan. The ideal profit of £1000 per series still stay aloof from reality. Well, we will start a new series on Monday. Let's hope it is a better one.
This is one odd week. I made a typical analyst' mistake again, by trying to be too perfect to my forecasts--I was imagining I was making the markets when things were going the right way at the beginning of the week. Our Moostar MS' purple run came to a little rest as well, which is a shame. Our MG has been otherwise engaged. Our Raffles has been away on his millionaire's seasonal holidays with the family. So I have got little to go on. For this week, I am going to award our Al. as Moostar of the week for making a 10% plus profit out of an Options product which struck on Monday. We love a bit of diversity, don't we! After failing to light up the Moos in the World Piper Band Competition last weekend, our Al. deserves to be our Moostar of the week. Well done, mate.
Let's have a look at the forecasts and outcomes:
FTSE 100: 5460-5140 (5510-5080 reserve) (actual: 5398-4926);
Dow: 11900-11100 (actual: 11530-10802);
Gold: $1770-$1680 (actual: $1878-$1728);
Nymex: $82.90-$91 ($88.60-$79 reserve) (actual: $88.99-$79.41);
Euro/dollar: $1.4330-$1.3920 (actual: $1.4518-$1.4259);
Barclays: 172-208 pence (actual: 143-191 pence);
BP: 384-428 pence (actual: 384-420 pence).
Well, I was almost there with oil, with that reserve range, if you can pin down the oil range, you more or less pin down the indices as well, shame, I wavered a lot in trading, until it became too apparent. And I am very much in tune with BP again, which is interesting.
Have a nice weekend, folks. "
21:05pm, 19-08-11, lost 9 quid, so that is 328 quid in profit, from 55 winners and 42 losers and 3 breakevens out of 100 selections in the new series of fun bets, which is now completed. Will start a new one next week.
20:19pm, 19-08-11, highlighted one final fun long on dow 10832.
20:17pm, 19-08-11, lost another 50 quid, this has gone bad, so that is 337 quid in profit, from 55 winners and 41 losers and 3 breakevens out of 99 selections in the new series of fun bets.
19:32pm, 19-08-11, highlighted another tight stoploss fun long on dow near 10883.
19:31pm, 19-08-11, lost 35 quid, so that is 387 quid in profit, from 55 winners and 40 losers and 3 breakevens out of 98 selections in the new series of fun bets.
19:09pm, 19-08-11, highlighted my fun long 10896 on dow.
17:01pm, 19-08-11, banked 30 quid, so that is 422 quid in profit, from 55 winners and 39 losers and 3 breakevens out of 97 selections in the new series of fun bets.
16:22pm, 19-08-11, highlighted my fun long on dow near 10953.
15:29pm, 19-08-11, grabbed 199 quid, so that is 392 quid in profit, from 54 winners and 39 losers and 3 breakevens out of 96 selections in the new series of fun bets.
14:17pm, 19-08-11, highlighted my fun long 10877 on dow.
13:03pm, 19-08-11, grabbed at 5016, so that is 193 quid in profit, from 53 winners and 39 losers and 3 breakevens out of 95 selections in the new series of fun bets.
10:16am, 19-08-11, highlighted my fun long 4960 on ftse.
09:06am, 19-08-11, grabbed at 4993, so that is 81 quid in profit, from 52 winners and 39 losers and 3 breakevens out of 94 selections in the new series of fun bets.
08:48am, 19-08-11, highlighted my fun long 4936 on ftse.
08:40am, 19-08-11, lost that one on hesitation again, so that is 33 quid in red, from 51 winners and 39 losers and 3 breakevens out of 93 selections in the new series of fun bets.
08:10am, 19-08-11, highlighted my fun long 5042 on ftse.
08:03am, 19-08-11, banked the money now, so that is 67 quid in profit, from 51 winners and 38 losers and 3 breakevens out of 92 selections in the new series of fun bets.
06:45am, 19-08-11, highlighted my fun long on ftse 5046.
20:47pm, 18-08-11, lost that one on a little dip, so that is 5 quid in the red, from 50 winners and 38 losers and 3 breakevens out of 91 selections in the new series of fun bets.
18:21pm, 18-08-11, highlighted my fun long on ftse 5085.
16:51pm, 18-08-11, grabbed 22 quid, so that is 95 quid in profit, from 50 winners and 37 losers and 3 breakevens out of 90 selections in the new series of fun bets.
15:34pm, 18-08-11, highlighted my fun long 5102 on ftse.
15:03pm, 18-08011, lost that one too, so that is 73 quid in profit, from 49 winners and 37 losers and 3 breakevens out of 89 selections in the new series of fun bets.
14:41pm, 18-08-11, highlighted my fun long 5137 on ftse.
14:34pm, 18-08-11, got it so wrong, so that is 173 quid in profit, from 49 winners and 36 losers and 3 breakevens out of 88 selections in the new series of fun bets.
10:38am, 18-08-11, highlighted my fun long on dow 11225.
10:11am, 18-08-11, lost that one, so volatile out of hours, so that is 273 quid in profit, from 49 winners and 35 losers and 3 breakevens out of 87 selections in the new series of fun bets.
06:33am, 18-08-11, highlighted my fun long on dow 11343.
16:07pm, 17-08-11, lost 32 quid on that one, so that is 393 quid in profit, from 49 winners and 34 losers and 3 breakevens out of 86 selections in the new series of fun bets.
14:18pm, 17-08-11, highlighted my fun short on dow 11444.
14:11pm, 17-08-11, lost it to a spike, not a good day to trade oil on oil reserve news day, so that is 425 quid in profit, from 49 winners and 33 losers and 3 breakevens out of 85 selections in the new series of fun bets.
10:49am, 17-08-11, highlighted my fun short on nymex 8765.
08:36am, 17-08-11, nicked 18 quid, so that is 525 quid in profit, from 49 winners and 32 losers and 3 breakevens out of 84 selections in the new series of fun bets.
07:45am, 17-08-11, highlighted my fun short on nymex 8732.
17:31pm, 16-08-11, grabbed 74 quid, so that is 507 quid in profit, from 48 winners and 32 losers and 3 breakevens out of 83 selections in the new series of fun bets.
17:17pm, 16-08-11, highlighted my fun short 5360 on ftse.
17:11pm, 16-08-11, lost 119 quid on that one, so that is 433 quid in profit, from 47 winners and 32 losers and 3 breakevens out of 82 selections in the new series of fun bets.
14:22pm, 16-08-11, highlighted my fun short 5321 on ftse.
12:37pm, 16-08-11, grabbed 54 quid, so that is 552 quid in profit, from 47winners and 31 losers and 3 breakevens out of 81 selections in the new series of fun bets.
10:46am, 16-08-11, highlighted my fun short 5308 on ftse. Got out of the bed on the wrong side this morning, so not had much joy so far.
08:48am, 16-08-11, grabbed 6 quid, so that is 498 quid in profit, from 46 winners and 31 losers and 3 breakevens out of 80 selections in the new series of fun bets.
08:12am, 16-08-11, highlighted my fun short 5310 on ftse.
07:15am, 16-08-11, grabbed 22 quid, having survived on an extended stop loss, it is a relief, got it so wrong there on that short, so that is 492 quid in profit, from 45 winners and 31 losers and 3 breakevens out of 79 selections in the new series of fun bets.
08:06am, 15-08-11, highlighted my fun short 5343 on ftse.
08:01am, 15-08-11, never had an easier trade than that, limit hit and banked the money, so that is 470 quid in profit, from 44 winners and 31 losers and 3 breakevens out of 78 selections in the new series of fun bets. The best gaptrade I have ever done, lol.
07:07am, 15-08-11, highlighted my fun short near 5365 on ftse, gap is near 5320.
16:40pm, 14-08-11, taken off the gold report now, ready steady trade, folks, should be an easier week than last week, only 800 pointer on dow.
19:33pm, 12-08-11, done all seven reports, should be a reasonable week to trade, normality returns, I think, back to trend warfare. Have a nice weekend, folks.
07:42am, 12-08-11, the weekly reflections are here:
"The week before, we thought that was a biblical week, well, it was actually only a starter. This past week has been one hell of a week, with a swing of 11% of the yearly range on ftse100, that is something.
The good news is that we have survived this past week, the not so good news is that we didn't make much progress in terms of the fun bets, which swung to a big profit of 870 pounds at one time and dived into 200's pounds profit and finally ended the week almost flat at 380 pounds profit. I must say Friday was the only day I had many regrets because that was the only day when I finally succumbed to doubts/doubters and did not stick to my correct bullish assessment. It was so hard to keep your head, let alone a cool and independent head, but a TA must stand above the crowds and be very headstrong in his or her analyses. Friday alone cost a fortune, otherwise, we could have been proud to have beaten the markets in such a volatile week. But I have to admit the strains took its tolls on me and I did not sleep well for the first time in my history as a spreadbetter. The tension probably took hold of me in my dreams and I jostled to wake up at odd hours in the mornings. On Friday, I should have stopped the fun bets altogether, as I was really at the end of my tether.
On the other hand, we did make some tidy money with shares and ETFs where we enjoyed some returns from some of my good calls.
So we have had two biblical week. Now normality should return and there will be weeks that the markets will hardly move, but the following two weeks are no such weeks just yet. But we will be ready for them with our
weekly mooriverwatch studies. I have got the bigger mooriver map for the remainder of the year now. As long as the markets move within the boundaries of this map, we should be able to trade profitably from here onwards.
Well, our Club has survived the storms and there is a good mixture of resilience in this club, which is extraordinary. We have got MS who has suddenly turned into a bit of a trading guru, making excelllent trades one after another. Our MG's gaptrading system is blossoming, though he did admit, had he used his system on Dow, he would have been wiped out by now, ouch! Al the best Piper in the world is still playing with his complex layers of financial products, with one maturing on Monday. Fingers crossed for him for that and his upcoming World Piper Competition, surely there is only one winner there! Lady S is keeping her cool and continues to show she can trade better than men! Our Iaan is still having a good scalp on a daily basis. Our new member KK is picking up fast and made some good calls too. I have heard no major disasters from members this week. It was my ultimate challenge to keep all members afloat through this storm, and I think we have done that now. So we should deserve some justified rewards in the remainder of the year.
For this week, I am going to award our Raffles as the Moostar of the week, as his poems came at a time of huge turmoils in a world, stuck in a deep dark tunnel. His poems shone through like a torch in that darkness and I am very grateful for that. Well done, Raffles, you are a moostar.
Let's have a look at the forecasts and outcomes (don't laugh your head off, there has got to be a week like this to make me come back down to the earth once in a while!):
FTSE 100: 5650-5210 (actual: 5361-4719);
Dow: 11380-11930 (11930-10800 Reserve) (actual: 11365-10448);
Nymex: $84-$93.50 (actual: $87.37-$75.72);
Gold: $1670-$1525 (actual: $1816-$1683);
Euro/dollar: $1.4260-$1.4870 (actual: $1.4402-$1.4104);
Barclays: 162-217 pence (actual: 156-194 pence);
BP: 380-423 pence (actual: 380-415 pence).
I am surprised to find a perfect hit for the BP bottom price, that is something in this sort of a week where I got the logic completely wrong. In hindsight, I underestimated the effects of the yankie downgrading by a long chalk. It just shows I am a complete stranger to economics/fundamentals, as I am a technical analyst who only gazes on the moorivers on the charts.
Have a nice weekend, folks, make sure to relax and get away from thoughts of money as far as possible. Money is only a small part of life and there is a lot more out there, so enjoy and be happy!"
19:42pm, 12-08-11, we have now grabbed 68 quid, so that is 380 quid in profit, from 43 winners and 31 losers and 3 breakevens out of 77 selections in the new series of fun bets.
19:39pm, 12-08-11, locked in for 5230, can't lose.
16:47pm, 12-08-11, highlighted my fun short near 5354 just now on ftse, limit for 5220.
16:37pm, 12-08-11, lost that one, so that is 312 quid in profit, from 42 winners and 31 losers and 3 breakevens out of 76 selections in the new series of fun bets.
15:18pm, 12-08-11, highlighted my fun short 5276 on ftse.
15:10pm, 12-08-11, grabbed 68 quid, so that is 412 quid in profit, from 42 winners and 30 losers and 3 breakevens out of 75 selections in the new series of fun bets.
14:30pm, 12-08-11, highlighted my fun short on ftse 5281.
14:20pm, 12-08-11, lost that one too, so that is 344 quid in profit, from 41 winners and 30 losers and 3 breakevens out of 74 selections in the new series of fun bets.
11:33am, 12-08-11, highlighted my fun short on dow 11118.
09:46am, 12-08-11, lost that one, a bad-hair day, so that is 464 quid in profit, from 41 winners and 29 losers and 3 breakevens out of 73 selections in the new series of fun bets.
09:08am, 12-08-11, highlighted my fun short 5166 on ftse.
08:24am, 12-08-11, lost that one, so that is 564 quid in profit, from 41 winners and 28 losers and 3 breakevens out of 72 selections in the new series of fun bets.
07:42am, 12-08-11, highlighted my fun long on dow 11028.
20:57pm, 11-08-11, lost 24 quid, was scalping the wrong way, so got punished for greed, so that is 664 quid in profit, from 41 winners and 27 losers and 3 breakevens out of 71 selections in the new series of fun bets.
19:58pm, 11-08-11, highlighted my fun short on ftse 5242.
19:35pm, 11-08-11, grabbed 30 quid, so that is 688 quid in profit, from 41 winners and 26 losers and 3 breakevens out of 70 selections in the new series of fun bets.
19:15pm, 11-08-11, highlighted my fun short on ftse 5227.
18:49pm, 11-08-11, grabbed 34 quid, not very convinced as a bull, it is a scalp, so that is 658 quid in profit, from 40 winners and 26 losers and 3 breakevens out of 69 selections in the new series of fun bets.
18:36pm, 11-08-11, highlighted my fun short on ftse 5214.
18:17pm, 11-08-11, grabbed 100 quid, so that is 624 quid in profit, from 40 winners and 26 losers and 3 breakevens out of 69 selections in the new series of fun bets.
16:33pm, 11-08-11, highlighted my fun long on dow near 10982.
16:18pm, 11-08-11, grabbed 50 quid, so that is 524 quid in profit, from 39 winners and 26 losers and 3 breakevens out of 68 selections in the new series of fun bets.
16:08pm, 11-08-11, highlighted my fun short 11009 on dow.
15:30pm, 11-08-11, grabbed 230 quid, so that is 474 quid in profit, from 38 winners and 26 losers and 3 breakevens out of 67 selections in the new series of fun bets.
12:58pm, 11-08-11, highlighted my fun long on dow 10680.
12:40pm, 11-08-11, lost that one too, it is a nasty run, so that is 244 quid in profit, from 37 winners and 26 losers and 3 breakevens out of 66 selections in the new series of fun bets.
11:02am, 11-08-11, limit order filled at 5030 on ftse.
10:58am, 11-08-11, lost that one too, having a terrible run here, so that is 344 quid in profit, from 37 winners and 25 losers and 3 breakevens out of 65 selections in the new series of fun bets.
08:21am, 11-08-11, highlighted my fun long on ftse at 5096.
08:18am, 11-08-11, lost that long, so that is 444 quid in profit, from 37 winners and 24 losers and 3 breakevens out of 64 selections in the new series of fun bets.
08:00am, 11-08-11, limit long caught at 5121.
07:48am, 11-08-11, got stopped out for a few quid, so that is 544 quid in profit, from 36 winners and 24 losers and 3 breakevens out of 63 selections in the new series of fun bets.
07:38am, 11-08-11, now locked for a ride to 5170ish.
07:30am, 11-08-11, caught the first limit order at 5098, now ride it.
06:39am, 11-08-11, the train is headed north, it is a matter of how to get on it, set two limit fun orders there, waiting.
20:11pm, 10-08-11, lost that one too, given up, suddenly having a poor run here, so that is 540 quid in profit, from 35 winners and 24 losers and 3 breakevens out of 62 selections in the new series of fun bets.
19:47pm, 10-08-11, highlighted my fun long on dow 10985.
18:49pm, 10-08-11, got taken out at breakeven, it turned out to be a miserable day, so that is 670 quid in profit, from 35 winners and 23 losers and 3 breakevens out of 61 selections in the new series of fun bets.
15:27pm, 10-08-11, highlighted my fun long on dow 10840.
15:02pm, 10-08-11, lost another one, so that is 670 quid in profit, from 35 winners and 23 losers and 2 breakevens out of 60 selections in the new series of fun bets.
14:47pm, 10-08-11, highlighted my fun long on dow near 10980 on dow.
14:40pm, 10-08-11, lost that long on a little spike down there, too volatile at the open, yankies are still too jittery, so I am staying out now, so that is 770 quid in profit, from 35 winners and 22 losers and 2 breakevens out of 59 selections in the new series of fun bets.
14:24pm, 10-08-11, highlighted my fun long near 11000 on dow.
13:37pm, 10-08-11, grabbed, so that is 870 quid in profit, from 35 winners and 21 losers and 2 breakevens out of 58 selections in the new series of fun bets.
13:15pm, 10-08-11, it is painfully slow for bears to wake up to this possible giant fall today, but at least we are locked in for a free waiting session!
10:37am, 10-08-11, highlighted my fun short 5244 on ftse.
09:43am, 10-08-11, grabbed, so that is 750 quid in profit, from 34 winners and 21 losers and 2 breakevens out of 57 selections in the new series of fun bets.
09:24am, 10-08-11, locked for a ride to 5000.
07:02am, 10-08-11, highlighted my fun short on ftse 5243.
20:19pm, 09-08-11, grabbed 230 quid, so that is 636 quid in profit, from 33 winners and 21 losers and 2 breakevens out of 56 selections in the new series of fun bets.
19:51pm, 09-08-11, highlighted my fun long near 10730 on dow.
14:39pm, 09-08-11, grabbed the money, lol, perhaps not this time, so that is 406 quid in profit, from 32 winners and 21 losers and 2 breakevens out of 55 selections in the new series of fun bets.
11:47am, 09-08-11, locked for the ride towards 11900.
09:36am, 09-08-11, highlighted my fun long 10710 on dow.
09:32am, 09-08-11, lost that one, so that is 206 quid in profit, from 31 winners and 21 losers and 2 breakevens out of 54 selections in the new series of fun bets.
08:55am, 09-08-11, highlighted my fun long on dow 10840.
08:20am, 09-08-11, grabbed 40 quid, so that is 306 quid in profit, from 31 winners and 20 losers and 2 breakevens out of 53 selections in the new series of fun bets.
08:12am, 09-08-11, highlighted my fun short 5086 on ftse.
07:55am, 09-08-11, grabbed 90 quid, so that is 266 quid in profit, from 30 winners and 20 losers and 2 breakevens out of 52 selections in the new series of fun bets.
07:25am, 09-08-11, highlighted my fun long 10785 on dow.
05:46am, 09-08-11, another lovely poem to start the day from our R:
"
FALLING FROM GRACE
You make me satisfied
You only want to ride
But that's alright by me
We happen to be free
For what tomorrow brings
No peace and broken wings
It may have been so good
But now it's understood
'Twas just a night
If I could tear my heart
And keep it miles apart
From love of beast or man
And never give a damn
If I could learn to lie
And never show my pride
I'd be just like the rest
Be someone I detest
I'm always looking for the sun
I'm always looking for the sun to shine
Love...
Destroys the best of us
Then leaves the rest of us
Thinking perhaps we'll die
Yet still we stay alive
Lost in a hollow frame
With lonely tears remain
Not knowing our life's worth
Dragging around the earth
How false the light
You make me satisfied
You only want to ride
But that's alright by me
We happen to be free
And if we fall from grace
At least we had a taste
Of something more than this
Unresolved black abyss
I'm always looking for the sun
I'm always looking for the sun
I'm always looking for the sun
I'm only looking for the sun to shine"
21:05pm, 08-08-11, should never have gone long, lost another 100 quid on that one, doh, so that is 176 quid in profit, from 29 winners and 20 losers and 2 breakevens out of 51 selections in the new series of fun bets. The only right side is the dark side!
20:53pm, 08-08011, highlighted my fun long 10868 on dow.
20:33pm, 08-08-11, got a poem from one of my members, hope this is his original work (I have not checked), but it sound great!
"
"I Want The World To Stop"
I want the world to stop (I want the world to stop)
Give me the morning (give me the understanding)
I want the world to stop (I want the world to stop)
Give me the morning, give me the afternoon
The night, the night
Let me step out of my shell
I'm wrapped in sheets of milky winter disorder
Let me feel the air again, the talk of friends
The mind of someone my equal
I want the world to stop…
Tinseltown has followed me from Tinseltown to
Grey adorable city by the docks
Girls will walk in moving air the sun hangs low the girls don’t care
As they paint themselves at dusk.
I want the world to stop…
Towns’ and cities’ populations up and grow
The workers move to the suburbs
In between I watch and go
I run along side rush hour traffic a prayer for every car
I want the world to stop…
I want to write a message to you
Everyday at 10 o clock in the evening
Yellow pearl my city is
This is your art this is your Balzac your Brookside and your Bach
R"
19:17pm, 08-08-11, lost that long, should never have switched to the wrong side, 276 quid in profit, from 29 winners and 19 losers and 2 breakevens out of 50 selections in the new series of fun bets.
16:43pm, 08-08-11, highlighted my fun long on nymex 8365.
16:34pm, 08-08-11, booked 23 quid, so that is 376 quid in profit, from 29 winners and 18 losers and 2 breakevens out of 49 selections in the new series of fun bets.
16:10pm, 08-08-11, highlighted my fun short on nymex 8388.
15:19pm, 08-08-11, grabbed 29 quid, so that is 353 quid in profit, from 28 winners and 18 losers and 2 breakevens out of 48 selections in the new series of fun bets.
14:19pm, 08-08-11, highlighted my fun short on nymex 8371.
14:02pm, 08-08-11, grabbed 86 quid, so that is 324 quid in profit, from 27 winners and 18 losers and 2 breakevens out of 47 selections in the new series of fun bets.
13:28pm, 08-08-11, highlighted my fun short on ftse 5165.
12:03pm, 08-08-11, chopped that oil short, not going anywhere, so it is 238 quid in profit, from 26 winners and 18 losers and 2 breakevens out of 46 selections in the new series of fun bets.
10:44am, 08-08-11, highlighted my fun short on nymex 8377.
09:24am, 08-08-11, banked 88 quid, so that is 251 quid in profit, from 26 winners and 17 losers and 2 breakevens out of 45 selections in the new series of fun bets.
08:32am, 08-08-11, highlighted my fun short on ftse 5276, last trade.
08:27am, 08-08-11, lost that one too, got it so wrong, so that is 163 quid in profit, from 25 winners and 17 losers and 2 breakevens out of 44 selections in the new series of fun bets.
08:10am, 08-08-11, highlighted my fun short on ftse 5216.
09:06am, 08-08-11, lost that short, not a good start, 263 quid in profit, from 25 winners and 16 losers and 2 breakevens out of 43 selections in the new series of fun bets.
06:56am, 08-08-11, highlighted my fun short on nymex 8351.
21:51pm, 06-08-11, done all the seven reports. Seems that everyone is talking about the downgrading, think it is about sell rumours, better travel than arrival, but I could be very wrong! Let's wait and see on Monday, in fact, Sunday night in Asia.
21:55pm, 05-08-11, the weekly reflections as below:
"What a biblical week!
The yankies played their political drama queen a bit too much to the liking of the rest of the world. And their delay till the last minute and all the dirty washing swept out of under the carpet suddenly made the rest of the world sit up and think, how long is the yankie overspending going to be sustainable! Together with further bear raids by speculators on Europe, things suddenly took a turn for the worst from Thursday onwards, where key technical support levels were breached with ease, like knife through warm butter. It really took me a while to wake up to that ugly reality on Thursday, as I had pencilled in a lovely scenario, which played out perfectly at the beginning of the week (in fact, they played out my weekly forecasts over Monday and Tuesday). But I certainly underestimated the extent of the yankie political drama and the onslaughter of the speculations on Europe sovereign debt woes. These vultures are always there and it is a matter of when, not whether, they will attack Europe again and again, until the Euro collapses back to parity or even below!
It is so fortunate that the fun bet series has been improved to 363 pounds in profit from last week's 157 pounds, in a week when a lot of traders have lost their accounts and their shirts! Fortunate is the word for it, as my forecast was only applicable to the beginning of the week and since then I made various mistakes in the twists and turns of the rapids in the fast moving mooo rivers. One can say we could have made a fortune, but easily, we could have lost a big fortune too. So on balance, it is a very much blessed week!
The usual candidates are competing for the moostar podium again and their claims are very strong indeed. MS is certainly in a zone, his calls have been mostly to the point. Iaan are happily nicking his 50 pointer here and there everyday. MG's gap trading system are reaping the profits, as all the down gaps were closed in one go! Amazing. J's calls have been good too and our Al is still laughing with complicated trading portfolio with various strands of investments competing against each other for favouritism. Well, having thought aobut it long and hard, I am going to award MG and MS again as moostars of the week, as their achievements certainly stand high above the crowd in this turbulent times. Well done, chaps, it is unusual for me to award two people as moostars of the week and it must be the first for the same two people to be on the podium twice in a row, but your efforts have been amazing, I am honoured to have you in my Club.
Let's have a look at the forecasts and outcomes:
FTSE 100: 5660-5840 (5910-5730 reserve) (actual: 5914-5139);
Dow: 12360-11960 (actual: 12331-11336);
Gold: $1680-$1550 (actual: $1682-$1609);
Euro/dollar: $1.4550-$1.4080 (actual: $1.4454-$1.4056);
Nymex: $101.50-$93(actual: $98.58-$82.92);
Barclays: 219-267 pence (actual: 230-173 pence);
BP: 450-490 pence (actual: 468-402 pence).
This has been one blackswan biblical week. I had pencilled in a more gentle drama over the week, but in the event, it went pearshaped from Thursday onwards as markets went into overdrive by computer driven programs and the collective fear by the human operators.
Now, I will be looking at a completely different future this weekend, such is the fun and challlenge of the mooriverwatching role--you either love it or hate it and for most of the time, I love it bits!
Have a lovely weekend, remember, whatever goes down will come back up, it is a matter of when, not whether, the world is not going to end yet! Enjoy life and smile!
Take care."
10:54am, 05-08-11, banked 92 quid, so that is 363 quid in profit, from 25 winners and 15 losers and 2 breakevens out of 42 selections in the new series of fun bets.
09:56am, 05-08-11, highlighted my fun short on ftse 5282.
09:53am, 05-08-11, grabbed 14 quid, so that is 271 quid in profit, from 24 winners and 15 losers and 2 breakevens out of 41selections in the new series of fun bets. Have another think.
09:14am, 05-08-11, highlighted my fun long on ftse 5266.
09:03am, 05-08-11, banked 44 quid, so that is 257 quid in profit, from 23 winners and 15 losers and 2 breakevens out of 40 selections in the new series of fun bets.
08:42am, 05-08-11, highlighted my fun long on ftse 5268.
08:23am, 05-08-11, grabbed 72 quid, so that is 213 quid in profit, from 22 winners and 15 losers and 2 breakevens out of 39 selections in the new series of fun bets.
07:52am, 05-08-11, highlighted my fun short 5242 on ftse.
07:42am, 05-08-11, lost another 30 quid, so that is 141 quid in profit, from 21 winners and 15 losers and 2 breakevens out of 38 selections in the new series of fun bets.
07:38am, 05-08-11, highlighted my fun long on ftse 5261.
07:35am, 05-08-11, lost another 42 quid, so that is 171 quid in profit, from 21 winners and 14 losers and 2 breakevens out of 37 selections in the new series of fun bets.
07:32am, 05-08-11, highlighted my fun long on nymex 8405.
07:28am, 05-08-11, lost that long in a few minutes, bad call, so that is 213 quid in profit, from 21 winners and 13 losers and 2 breakevens out of 36 selections in the new series of fun bets.
07:16am, 05-08-11, highlighted my fun long 8518 on nymex.
17:56pm, 04-08-11, keep calm, folks, capital is king! Capital saved in this mad collapse can be used to make loads of money later on, after the earthquake and tsunami, all things come to an end!!!! If anything, these are the times when saying No to trading is probably the best decision you make.
13:58pm, 04-08-11, grabbed 40 quid, it was going up and down like mad, so that is 313 quid in profit, from 21 winners and 12 losers and 2 breakevens out of 35 selections in the new series of fun bets.
13:20pm, 04-08-11, highlighted my fun long 5475 on ftse.
11:55pm, 04-08-11, grabbed 81 quid , so that is 273 quid in profit, from 20 winners and 12 losers and 2 breakevens out of 34 selections in the new series of fun bets.
09:59am, 04-08-11, highlighted my fun short on nymex 9175.
20:20pm, 03-08-11, banked another 41 quid, so our money is back on the day, what a volatile day, so that is 192 quid in profit, from 19 winners and 12 losers and 2 breakevens out of 33 selections in the new series of fun bets.
19:42pm, 03-08-11, highlighted my fun long on dow 11825.
18:55pm, 03-08-11, grabbed 48 quid, so that is 151 quid in profit, from 18 winners and 12 losers and 2 breakevens out of 32 selections in the new series of fun bets.
16:55pm, 03-08-11, highlighted my fun long on ftse near 5573.
16:40pm, 03-08-11, grabbed money on that long, so that is 103 quid in profit, from 17 winners and 12 losers and 2 breakevens out of 31 selections in the new series of fun bets.
15:37pm, 03-08-11, highlighted my fun long on dow 11735.
15:25pm, 03-08-11, lost that long, so that is 32 quid in profit, from 16 winners and 12 losers and 2 breakevens out of 30 selections in the new series of fun bets.
13:48pm, 03-08-11, highlighted my fun long on dow 11900.
13:40pm, 03-08-11, bailing out of the oil long, so that is 132 quid in profit, from 16 winners and 11 losers and 2 breakevens out of 29 selections in the new series of fun bets.
11:40am, 03-08-11, grabbed 46 quid from the ftse long, still holding onto the oil long, 138 quid in profit, from 16 winners and 10 losers and 2 breakevens out of 29 selections in the new series of fun bets with oil long running.
10:44am, 03-08-11, highlighted my fun long on ftse 5650, in expectation of a breakout imminently.
08:30am, 03-08-11, grabbed 2 quid on the ftse long, the entry was poor, but leaving the oil long running, so that is 92 quid in profit, from 15 winners and 10 losers and 2 breakevens out of 28 selections in the new series of fun bets with oil long running.
07:24am, 03-08-11, highlighted my second fun long of the day on ftse 5644.
06:29am, 03-08-11, highlighted my fun long on nymex 9342.
21:09pm, 02-08-11, lost that one too, so that is 90 quid in profit, from 14 winners and 10 losers and 2 breakevens out of 26 selections in the new series of fun bets. Bad day.
17:49pm, 02-08-11, highlighted my fun long on dow near 11983.
17:37pm, 02-08-11, bailing out with a small loss, lost the plot while the yankies vote, so that is 190 quid in profit, from 14 winners and 9 losers and 2 breakevens out of 25 selections in the new series of fun bets.
16:49pm, 02-08-11, received a dividend payment, so that is 202 quid in profit, from 14 winners and 8 losers and 2 breakevens out of 24 selections in the new series of fun bets.
16:40pm, 02-08-11, highlighted my fun long on nymex near 9428.
16:40pm, 02-08-11, lost that long, so that is 163 quid in profit, from 14 winners and 8 losers and 2 breakevens out of 24 selections in the new series of fun bets.
08:32am, 02-08-11, highlighted my fun long on ftse near 5748.
07:36am, 02-08-11, placed a fun limit order just now.
19:00pm, 01-08-11, chopped that long for 16 quid so that is 263 quid in profit, from 14 winners and 7 losers and 2 breakevens out of 23 selections in the new series of fun bets.
16:16pm, 01-08-11, higlighted my fun long on ftse near 5781 just now.
16:05pm, 01-08-11, got stopped out for 26 quid, very volatile market, so that is 279 quid in profit, from 14 winners and 6 losers and 2 breakevens out of 22 selections in the new series of fun bets. Got carried away by greed, should have banked a lot more money earlier.
15:05pm, 01-08-11, highlighted my fun long 5767 on ftse.
14:01pm, 01-08-11, grabbed 34 quid, so that is 253 quid in profit, from 13 winners and 6 losers and 2 breakevens out of 21 selections in the new series of fun bets.
12:53pm, 01-08-11, highlighted my fun short 5899 on ftse just now.
09:27am, 01-08-11, grabbed a tenner, so that is 219 quid in profit, from 12 winners and 6 losers and 2 breakevens out of 20 selections in the new series of fun bets. FTSE is being the stubbornest of all again, as dow has come back down some 80 pointer.
08:11am, 01-08-11, highlighted my fun short 5875 on ftse.
06:21am, 01-08-11, overnight banked 52 quid on the ftse long, the ambition was too limited, so that is 209 quid in profit, from 11 winners and 6 losers and 2 breakevens out of 19 selections in the new series of fun bets.
13:12pm, 31-07-11, done all seven reports, the BP report is available if you scroll down, still no solution from the yankies. Take care.
21:43pm, 30-07-11, done the five main reports on gold, ftse, dow, euro/dollar and nymex. These are always my finest-quality work, as you can see from my past forecasting records. Why not join the Club today and enjoy all the reading and plan your trading ahead for the coming week--with the mooriver weekly forecasts, you are miles ahead of competitions amongst all the market traders. Be careful, folks, next week is a critical week, which determines the fortunes of 2011! will do the two company reports tomorrow.
10:49am, 30-07-11, some weekly reflections:
"
Well, I think I have recovered from the end of June disaster now. While still making odd easy mistakes here and there, things are getting back to a firmer footing for the past week. The fun bet series is currently 157 pounds in profit after 19 selections with the ftse long running over the weekend. I think I quite like trading oil and trading a mixture of instruments as and when it is appropriate. Oil is the wild beast that moves up and down to a good margin on any given day, so if we can pin down a few extreme trades everyday, making money can be said to be easier than trading other instruments. Well, to be honest, as long as we can make money on a consistent basis, who cares what we trade. With the same stoploss system in place, we can trade any markets as we see fit really. I think that will be the kind of flexible trading spirit to be continued into the foreseeable future, as long as it generates some good profits.
The one member that really impressed me was our ultra-consistent trader MS. This week, he has made many calls, all to perfection, with regards to entry levels and timing. I was caught speechless. I know all along he has been the most consistent trader in the Club, but this week, he has simply been amazing. If all the fun bets were called by him, the series would have been in a lot more profit than now. And our MG has finally teased out a gap trading system to some amazing profits, based on some stubborn tenacity to seeing his new system through to fruitation. I must say finally MG has found a system that has so far delivered good results for him. I am so pleased for him. Having given it much thought, I have decided to award both MS and MG as our moostars of the week, congratulations, buddies, well done, keep it up!
Let's have a look at the forecasts and outcomes:
FTSE 100: 5980-5700 (actual: 5960-5770);
Dow: 12395-13200 (actual: 12080-12657, clearly misunderstood the yankie political system altogether);
Gold: $1636-$1500 (actual: $1633-$1603);
Euro/dollar: $1.4660-$1.4150 (actual: $14536-$14230);
Nymex: $100-$94.80 (actual: $100.62-$94.96);
Sainsbury: 300-329 pence (actual: 301-316 pence);
Standard Chartered Bank: 1706-1510 pence (actual: 1625-1540 pence).
Surely, these are among the world's best weekly forecasts, while they are not yet my best!!!! I always insist that my best quality work is done over the weekend, when the moorivers stay still and I can empty my mind of greed and fear and stare into the green green water and look ahead to the future...It is the most enjoyable and challenging job in the world as well.
Have a nice weekend, folks."
16:51pm, 29-07-11, highlighted my fun long 5803 on ftse.
16:32pm, 29-07-11, chopped that one for 26 quid loss, was too keen on the dark side, so that is 157 quid in profit, from 10 winners and 6 losers and 2 breakevens out of 18 selections in the new series of fun bets.
15:46pm, 29-07-11, highlighted my fun short on ftse 5806.
14:13pm, 29-07-11, grabbed 132 quid, still falling, but it is a profit, so that is 183 quid in profit, from 10 winners and 5 losers and 2 breakevens out of 17 selections in the new series of fun bets.
07:42am, 29-07-11, highlighted my fun short on nymex crude 9694 just now.
07:36am, 29-07-11, chopped that long, the gamble on the yankie vote failed miserably, so that is 51 quid in profit, from 9 winners and 5 losers and 2 breakevens out of 16 selections in the new series of fun bets.
20:47pm, 28-07-11, highlighted my fun long on ftse 5825 on guaranteed stop loss.
16:29pm, 28-07-11, grabbed 42 quid, so that is 91 quid in profit, from 9 winners and 4 losers and 2 breakevens out of 15 selections in the new series of fun bets.
10:13am, 28-07-11, highlighted my fun long 12327 on dow.
08:29am, 28-07-11, grabbed 42 quid, so that is 49 quid in profit, from 8 winners and 4 losers and 2 breakevens out of 14 selections in the new series of fun bets.
19:53pm, 27-07-11, highlighted my fun long on ftse 5818.
19:40pm, 27-07-11, can't keep the profit, lost that 50 quid again, so that is 7 quid in profit, from 7 winners and 4 losers and 2 breakevens out of 13 selections in the new series of fun bets.
15:09pm, 27-07-11, highlighted my fun long on dow 12395.
15:01pm, 27-07-11, grabbed 48 quid, so that is 57 quid in profit, from 7 winners and 3 losers and 2 breakevens out of 12 selections in the new series of fun bets.
13:54pm, 27-07-11, highlighted my fun short on ftse 5894.
13:39pm, 27-07-11, got chopped by the negative newsflow, so that is 9 quid in profit, from 6 winners and 3 losers and 2 breakevens out of 11 selections in the new series of fun bets.
12:30pm, 27-07-11, highlighted my fun long on nymex 9888.
10:55am, 27-07-11, stopped out at breakeven, should have grabbed the money perhaps earlier, so that is 59 quid in profit, from 6 winners and 2 losers and 2 breakevens out of 10 selections in the new series of fun bets
09:35am, 27-07-11, highlighted my fun long on nymex near 9905.
09:05am, 27-07-11, grabbed 47 quid, annoyed by the quick erosion of short-term momentums, so that is 59 quid in profit, from 6 winners and 2 losers and 1 breakeven out of 9 selections in the new series of fun bets.
07:10am, 27-07-11, highlighted my fun short on nymex 9947.
18:18pm, 26-07-11, grabbed 35 quid, had enough, I think for today, so that is 12 quid in profit, from 5 winners and 2 losers and 1 breakeven out of 8 selections in the new series of fun bets.
17:29pm, 26-07-11, highlighted my fun short on nymex crude 10045.
17:18pm, 26-07-11, lost that short on a spike, so that is 23 quid in the red, from 4 winners and 2 losers and 1 breakeven out of 7 selections in the new series of fun bets.
16:31pm, 26-07-11, highlighted my fun short 9947 on nymex crude.
14:33pm, 26-07-11, banked 86 quid on that short, so that is 87 quid in profit, from 4 winners and 1 loser and 1 breakeven out of 6 selections in the new series of fun bets.
12:44pm, 26-07-11, highlighted my fun short on nymex 9970.
11:05am, 26-07-11, grabbed 13 quid, not going anywhere, it seems, so that is 1 quid in profit, from 3 winners and 1 loser and 1 breakeven out of 5 selections in the new series of fun bets.
10:00am, 26-07-11, highlighted my fun short on nymex 9957.
19:08pm, 25-07-11, event risk is high, so came out breakeven, that is 12 quid in the red, from 2 winners and 1 loser and 1 breakeven out of 4 selections in the new series of fun bets.
12:59pm, 25-07-11, highlighted my fun short near 5924 on ftse.
12:42pm, 25-07-11, grabbed 35 quid from that oil short, so that is 12 quid in the red, from 2 winners and 1 loser out of 3 selections in the new series of fun bets.
18:16pm, 24-07-11, had to start this new blog as the second part of the annual diary, which was running so slowly like a crawling snail. Now this feels better already. Taking off the reports now, ready to trade, folks, despite all the tragedies around the world, we must live on, bravely. 100,000 people with belief could be an incredible force to do a lot of good! We must believe in the future, a future full of love, tolerance, and caring spirit. God bless you all.
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12:15pm, 31-12-11, some weekly reflections:
"
What a year it has been. Well, I have to say it has been really disappointing this year. While most of my cash is intact, I have not made much progress in share investments etc this year at all. I was badly let down
by not going for that October rally, which was forecast well in advance, by myself. As they say, what matters is that you make the right decisions at the key turning point. That one mistake cost dearly. What a shame.
Then again, one has to let go of these things and move on into the new and exciting year of 2012. What a year to come!
The current fun bet series stands at £496 in profit after 87 selections. It had a very bright start after I changed the moorivertrading system to a much simpler version, but it did not pick up the steam after my two-week
break. Well, sometimes, you will just have to take what it is there on the table and work on the next series.
For this year, I am awarding our J as the Moostar of the Week as he has been closely monitoring the Bradley turn date for us all the way through. I am very grateful for that, J. Well done, buddy, you are our star of the week.
Let's have a look at the forecasts and outcomes:
FTSE 100: 5555-5320 (actual: 5596-5486);
Dow: 12343-11750 (actual: 12327-12139);
BP: 472-447 pence (actual: 462-451);
Barclays: 183-162 pence (actual: 180-171 pence);
Nymex: $100.30-$95 (actual: $101.77-$98.30);
Euro/dollar: $1.3200-$1.2750 (actual: $1.3084-$12858);
Gold: $1607-$1680 (actual: $1607-$1523).
Well, not too bad an effort after a break. These markets can grow very alien to you very quickly, once you are away from the markets for some time. The moo rivers are fast and furious.
Happy New Year, folks and may we enjoy a very prosperous 2012."
16:57pm, 30-12-11, banked 25 quid, that is it for 2011, what a year, so that is 496 quid in profit, from 50 winners and 34 losers and 3 breakeven out of 87 fun bets in the 11th series of fun bets.
13:25pm, 30-12-11, highlighted my fun long on euro/$ 12953.
12:58pm, 30-12-11, banked 32 quid, bored with it, so that is 471 quid in profit, from 49 winners and 34 losers and 3 breakeven out of 86 fun bets in the 11th series of fun bets.
08:31am, 30-12-11, euro stop profit hit at 12920, useless euro, so that is 439 quid in profit, from 48 winners and 34 losers and 3 breakeven out of 85 fun bets in the 11th series of fun bets.
08:21am, 30-12-11, highlighted my fun long on ftse 5549.
16:26pm, 29-12-11, highlighted my fun long on euro 12913.
16:05pm, 29-12-11, lost that one, so that is 433 quid in profit, from 47 winners and 34 losers and 3 breakeven out of 84 fun bets in the 11th series of fun bets.
07:23am, 29-12-11, highlighted my fun long 9952 on nymex.
18:11pm, 28-12-11, lost 12 quid, so that is 533 quid in profit, from 47 winners and 33 losers and 3 breakeven out of 83 fun bets in the 11th series of fun bets.
16:39pm, 28-12-11, highlighted my fun short 9938 on nymex.
16:34pm, 28-12-11, lost that one, so that is 545 quid in profit, from 47 winners and 32 losers and 3 breakeven out of 82 fun bets in the 11th series of fun bets.
16:08pm, 28-12-11, highlighted my fun long on nymex 10018.
15:11pm, 28-12-11, lost 4 quid on that one, poor entry, so that is 645 quid in profit, from 47 winners and 31 losers and 3 breakeven out of 81 fun bets in the 11th series of fun bets.
09:28am, 28-12-11, highlighted my fun short on ftse 5527.
06:32am, 28-12-11, limit at 5520 hit on both shorts, so that is 649 quid in profit, from 47 winners and 30 losers and 3 breakeven out of 80 fun bets in the 11th series of fun bets.
09:05am, 27-12-11, highlighted my second fun short on ftse 5550.
11:22am, 23-12-11, highlighted my fun short on ftse 5495.
11:20am, 23-12-11, banked 10 quid, got on the wrong one, as ftse was going faster, so that is 649 quid in profit, from 47 winners and 30 losers and 1 breakeven out of 78 fun bets in the 11th series of fun bets.
09:31am, 23-12-11, highlighted my fun long on dow 12202.
09@12am, 23-12-11, chopped it for 4 quid loss, so that is 639 quid in profit, from 46 winners and 30 losers and 1 breakeven out of 77 fun bets in the 11th series of fun bets.
18:50pm, 22-12-11, highlighted my fun short on ftse 5474.
18:48pm, 22-12-11, got poked out of the oil short, so that is 643 quid in profit, from 46 winners and 29 losers and 1 breakeven out of 76 fun bets in the 11th series of fun bets.
13:47pm, 22-12-11, nicked 12 quid on the ftse short, so that is 793 quid in profit, from 46 winners and 28 losers and 1 breakeven out of 75 fun bets in the 11th series of fun bets.
08:37am, 22-12-11, highlighted my fun short on ftse 5445.
17:02pm, 21-12-11, highlighted my fun short on nymex 9843.
17:00pm, 21-12-11, chopped for a tenner loss, so that is 781 quid in profit, from 45 winners and 28 losers and 1 breakeven out of 74 fun bets in the 11th series of fun bets.
16:20pm, 21-12-11, highlighted my fun long on ftse 5380.
16:05pm, 21-12-11, grabbed 68 quid, so that is 791 quid in profit, from 45 winners and 27 losers and 1 breakeven out of 73 fun bets in the 11th series of fun bets.
15:38pm, 21-12-11, highlighted my fun short on nymex 9895.
15:30pm, 21-12-11, chopped for 6 quid, so that is 725 quid in profit, from 44 winners and 27 losers and 1 breakeven out of 72 fun bets in the 11th series of fun bets.
13:33pm, 21-12-11, highlighted my fun long on dow 12075.
11:47am, 21-12-11, nicked 18 quid, so that is 731 quid in profit, from 44 winners and 26 losers and 1 breakeven out of 71 fun bets in the 11th series of fun bets.
09:17am, 21-12-11, highlighted my fun short 12160 on dow.
09:02am, 21-12-11, nicked 20 quid, so that is 713 quid in profit, from 43 winners and 26 losers and 1 breakeven out of 70 fun bets in the 11th series of fun bets.
07:25am, 21-12-11, highlighted my fun short 5454 on ftse.
07:18am, 21-12-11, lost the dow short, so that is 693 quid in profit, from 42 winners and 26 losers and 1 breakeven out of 69 fun bets in the 11th series of fun bets.
14:50pm, 20-12-11, highlighted my fun short on dow 11998.
14:41pm, 20-12-11, banked 20 quid profit, now that is 824 quid in profit, from 42 winners and 25 losers and 1 breakeven out of 68 fun bets in the 11th series of fun bets.
14:45pm, 19-12-11, highlighted my fun long 5387 on ftse.
13:52pm, 19-12-11, grabbed 83 quid from the nymex long, so that is 804 quid in profit, from 41 winners and 25 losers and 1 breakeven out of 67 fun bets in the 11th series of fun bets.
09:08am, 19-12-11, highlighted my fun long on nymex 9352.
09:03am, 19-12-11, lost 28 quid, so that is 721 quid in profit, from 40 winners and 25 losers and 1 breakeven out of 66 fun bets in the 11th series of fun bets.
08:23am, 19-12-11, highlighted my fun short 5362 on ftse.
07:13am, 19-12-11, had an enjoyable break, now back to trading. Just set up a limit fun short order at 5380, 50 stop and 80 limit, see how it goes.
20:04pm, 05-12-11, lost that short on dow, wasn't a good idea to hold over the weekend, so that is 749 quid in profit, from 40 winners and 24 losers and 1 breakeven out of 65 fun bets in the 11th series of fun bets.
21:36pm, 03-12-11, all seven reports done, I am going to take a two-week break, so limited updates on this blog. It is a big yoyo, folks, in this Santa rally, good luck all.
21:31pm, 02-12-11, some weekly reflections:
"Well, the gap up on last Sunday night and the rest is history. Trading is psychological and human beings hate missed bus rides, lol. Made plenty of mistakes this week and had a few trades turning in some profits, so overall, the fun bet series stands at £879 in profit, with a Dow short in profit from 12030, so more or less nothing happened this week.
This week's Moostar trader goes to our lovely Lady S., who cashed in her Barclays shares in the 180's pence quite near the top on her lunch break. Now that is an excellent lunchbreak trade, I would say. Well done, Lady S., a few more sandwich trades like this, you will be very happy. Well, some stockbrokers allow you to set up limit orders etc for free, like Hargreaves. Just need to pin down the ranges, a small feat to ask from the Mooriverwatcher, lol.
Let's have a look at the forecasts and outcomes:
Barclays Bank: 155-186 pence (actual: 158-194 pence);
BP: 420-450 pence (actual: 429-467 pence);
Gold: $1710-$1370 (actual: $1763-$1693);
Nymex: $97-$103 (actual: $97.14-$101.74);
Euro/dollar: $1.3200-$1.3650 (actual: $1.3260-$1.3549);
FTSE100: 5100-5380 (actual: 5192-5523);
Dow: 11150-11800 (actual: 11340-12188).
Well, not too bad, really.
Have a nice weekend, folks."
20:45pm, 02-12-11, highlighted my fun short on dow 12030 on guaranteed stoploss.
18:27pm, 02-12-11, grabbed 66 quid, not a good day, so that is 879 quid in profit, from 40 winners and 23 losers and 1 breakeven out of 64 fun bets in the 11th series of fun bets.
08:24am, 02-12-11, highlighted my fun short 5570 on ftse.
08:19am, 02-12-11, lost that one, so that is 813 quid in profit, from 39 winners and 23 losers and 1 breakeven out of 63 fun bets in the 11th series of fun bets.
06:43am, 02-12-11, highlighted my fun short on ftse 5522.
18:16pm, 01-12-11, grabbed 12 quid, so that is 913 quid in profit, from 39 winners and 22 losers and 1 breakeven out of 62 fun bets in the 11th series of fun bets.
17:41pm, 01-12-11, highlighted my fun short 5496 on ftse.
16:35pm, 01-12-11, grabbed 58 quid, so that is 901 quid in profit, from 38 winners and 22 losers and 1 breakeven out of 61 fun bets in the 11th series of fun bets.
08:26am, 01-12-11, highlighted my fun short on ftse 5518.
08:09am, 01-12-11, chopped that short for 54 quid, so that is 843 quid in profit, from 37 winners and 22 losers and 1 breakeven out of 60 fun bets in the 11th series of fun bets.
19:40pm, 30-11-11, highlighted my fun short on dow 11958.
18:10pm, 30-11-11, nicked 7 quid, no fun to be a bear, lol, so that is 897 quid in profit, from 37 winners and 21 losers and 1 breakeven out of 59 fun bets in the 11th series of fun bets. Made a mess today.
16:52pm, 30-11-11, highlighted my fun short on dow 11986, limit for 100 pointer.
16:28pm, 30-11-11, chopped for 6 quid, so that is 890 quid in profit, from 36 winners and 21 losers and 1 breakeven out of 58 fun bets in the 11th series of fun bets. Made a mess today.
14:24pm, 30-11-11, highlighted my fun short on ftse 5490.
12:17pm, 30-11-11, nipped 8 quid, so that is 896 quid in profit, from 36 winners and 20 losers and 1 breakeven out of 57 fun bets in the 11th series of fun bets.
11:59am, 30-11-11, highlighted my fun short on ftse 5382.
11:56am, 30-11-11, grabbed 48 quid, so that is 888 quid in profit, from 35 winners and 20 losers and 1 breakeven out of 56 fun bets in the 11th series of fun bets.
11:13am, 30-11-11, highlighted my fun long on ftse 5364.
11:06am, 30-11-11, lost that one, so that is 840 quid in profit, from 34 winners and 20 losers and 1 breakeven out of 55 fun bets in the 11th series of fun bets.
09:49am, 30-11-11, banked 42 quid from the oil short, so that is 940 quid in profit, from 34 winners and 19 losers and 1 breakeven out of 55 fun bets with ftse short running in the 11th series of fun bets.
08:17am, 30-11-11, highlighted my fun short on ftse 5295.
06:55am, 30-11-11, highlighted my fun short on nymex 9952.
15:31pm, 29-11-11, grabbed 50 quid, so that is 898 quid in profit, from 33 winners and 19 losers and 1 breakeven out of 53 fun bets in the 11th series of fun bets.
13:54pm, 29-11-11, highlighted my fun long on ftse 5300.
13:50pm, 29-11-11, chopped for 8 quid, so that is 848 quid in profit, from 32 winners and 19 losers and 1 breakeven out of 52 fun bets in the 11th series of fun bets.
13:36pm, 29-11-11, highlighted my fun short on ftse 5296.
13:27pm, 29-11-11, banked 38 quid, so that is 856 quid in profit, from 32 winners and 18 losers and 1 breakeven out of 51 fun bets in the 11th series of fun bets.
11:59pm, 29-11-11, highlighted my fun short 5332 on ftse.
11:52am, 29-11-11, grabbed at 5333, so that is 818 quid in profit, from 31 winners and 18 losers and 1 breakeven out of 50 fun bets in the 11th series of fun bets.
08:53am, 29-11-11, highlighted my fun long on ftse 5278.
08:06am, 29-11-11, grabbed 70 quid, so that is 708 quid in profit, from 30 winners and 18 losers and 1 breakeven out of 49 fun bets in the 11th series of fun bets.
07:03am, 29-11-11, highlighted my fun short on ftse 5328.
20:26pm, 28-11-11, chopped for 26 quid, so that is 638 quid in profit, from 29 winners and 18 losers and 1 breakeven out of 48 fun bets in the 11th series of fun bets.
20:01pm, 28-11-11, highlighted my fun long on dow 11498.
18:36pm, 28-11-11, chopped it for 6 quid, so that is 664 quid in profit, from 29winners and 17 losers and 1 breakeven out of 47 fun bets in the 11th series of fun bets.
16:36pm, 28-11-11, highlighted my fun short again on ftse 5310.
16:31pm, 28-11-11, out for 2 quid, so that is 670 quid in profit, from 29winners and 16 losers and 1 breakeven out of 46 fun bets in the 11th series of fun bets.
15:28. 28-11-11. highlighted my fun short on ftse 5317.
14:53pm, 28-11-11, lost that one too, a poor start here, so that is 668 quid in profit, from 28 winners and 16 losers and 1 breakeven out of 45 fun bets in the 11th series of fun bets.
12:29pm, 28-11-11, highlighted my fun short 5268 on ftse.
11:19am, 28-11-11, grabbed 8 quid, so that is 768 quid in profit, from 28 winners and 15 losers and 1 breakeven out of 44 fun bets in the 11th series of fun bets. Making mistakes makes you freeze in your thought process, not a good start.
10:07am, 28-11-11, highlighted my fun short on ftse 5276.
10:03am, 28-11-11, lost that one, so that is 760 quid in profit, from 28 winners and 15 losers and 1 breakeven out of 44 fun bets in the 11th series of fun bets.
06:03am, 28-11-11, caught a limit short order on ftse at 5225, not looking that great at the moment, as markets gapped up sharply.
21:12pm, 27-11-11, set up two limit orders on ftse. Ready, steady, trade, good luck, folks.
20:21pm, 25-11-11, some weekly reflections:
"Two mega mistakes this week, the one on Monday and another on Thursday, otherwise, it would have been a perfect week. It is hard to have perfect weeks in
these markets. The fun bet series ended the week on £890 profit. Without them two mistakes, it could have been over £1000 by now. But never mind, at least
it is a winning week. Trading has really been made easier by the simpler trading system in use now. Let's see whether that can deliver consistent results time and
again.
Tradingwise, our MS stands out tall amongst the crowd. He cashed in his shorts from 5600's at leisure! Well done, MS, you are our Moostar of the Week.
As I said, I will be taking a two-week break from 5th December. So next week is the full trading week before my break. I think I need a good rest to consolidate
and come up with a winning mentality as a trader. As for the Mooriver Watcher, I am reasonably satisfied with his performance.
Let's have a look at the forecasts and outcomes:
FTSE 100: 5520-4580 (actual: 5337-5073);
Dow: 12020-10930 (actual: 11756-11150);
BP: 470-385 pence (actual: 447-417 pence);
Barclays: 180-140 pence (actual: 166-148 pence);
Gold: $1797-$1645 (actual: $1727-$1667);
Euro/$: $1.3700-$1.2970 (actual: $1.3569-$1.3212);
Nymex: $105-$95 (actual: $98.70-$95).
Well, did warn about these forecasts, as this was one very tricky week. The coming week is a tricky one too, as I now have to pick one from two distinctly different possibilities.
Leave that to me. I need a large drink and a good night's sleep, as I find good trading very exhaustive as it demanded a lot more attention to details.
Have a nice weekend, folks."
16:22pm, 25-11-11, chopped for 6 quid, so that is 890 quid in profit, from 27 winners and 15 losers and 1 breakeven out of 43 fun bets in the 11th series of fun bets.
16:07pm, 25-11-11, highlighted my fun long at 5175 on ftse.
16:04pm, 25-11-11, grabbed 26 quid, so that is 896 quid in profit, from 27 winners and 14 losers and 1 breakeven out of 42 fun bets in the 11th series of fun bets.
15:35pm, 25-11-11, highlighted my fun short on ftse 5182.
15:28pm, 25-11-11, grabbed 130 quid, so that is 870 quid in profit, from 26 winners and 14 losers and 1 breakeven out of 41 fun bets in the 11th series of fun bets
12:50pm, 25-11-11, highlighted my fun long 11200 on dow.
11:16am, 25-11-11, out for a few quid, no omph today, so that is 740 quid in profit, from 25 winners and 14 losers and 1 breakeven out of 40 fun bets in the 11th series of fun bets
19:04pm, 24-11-11, forgot to update on this one, highlighted my fun short on ftse 5103, a bit daring on this one.
17:28pm, 24-11-11, chopped for 14 quid, so that is that for today, had enough, so that is 732 quid in profit, from 24 winners and 14 losers and 1 breakeven out of 39 fun bets in the 11th series of fun bets.
17:09pm, 24-11-11, highlighted my fun long 5113 on ftse, tighter stoploss.
16:17pm, 24-11-11, banked 48 quid, a miserable day, so that is 746 quid in profit, from 24 winners and 13 losers and 1 breakeven out of 38 fun bets in the 11th series of fun bets.
15:19pm, 24-11-11, highlighted my fun long 5110 on ftse.
14:36pm, 24-11-11, lost that long, so that is 698 quid in profit, from 23 winners and 13 losers and 1 breakeven out of 37 fun bets in the 11th series of fun bets.
10:18am, 24-11-11, highlighted my fun long on ftse 5166.
10:03am, 24-11-11, chopped for 26 quid loss, so that is 798 quid in profit, from 23 winners and 12 losers and 1 breakeven out of 36 fun bets in the 11th series of fun bets.
07:52am, 24-11-11, highlighted my fun short 5168 on ftse.
06:43am, 24-11-11, nicked 14 quid, so that is 824 quid in profit, from 23 winners and 11 losers and 1 breakeven out of 35 fun bets in the 11th series of fun bets.
18:53pm, 23-11-11, highlighted my fun short on ftse 5150.
17:45pm, 23-11-11, booked money out of the ftse short, so that is 810 quid in profit, from 22 winners and 11 losers and 1 breakeven out of 34 fun bets in the 11th series of fun bets.
14:43pm, 23-11-11, highlighted my fun short 5172 on ftse.
14:39pm, 23-11-11, booked for 15 quid, so that is 755 quid in profit, from 21 winners and 11 losers and 1 breakeven out of 33 fun bets in the 11th series of fun bets.
10:48am, 23-11-11, highlighted my fun long on dow 11370.
10:39am, 23-11-11, got stopped out at breakeven, so that is 740 quid in profit, from 20 winners and 11 losers and 1 breakeven out of 32 fun bets in the 11th series of fun bets.
08:07am, 23-11-11, highlighted my fun short 5178 on ftse.
07:24am, 23-11-11, booked profit on the short, so that is 740 quid in profit, from 20 winners and 11 losers out of 31 fun bets in the 11th series of fun bets.
13:42pm, 22-11-11, highlighted my fun short on ftse 5222.
13:28pm, 22-11-11, chopped for 6 quid, not going anywhere, so that is 619 quid in profit, from 19 winners and 11 losers out of 30 fun bets in the 11th series of fun bets.
18:27pm, 21-11-11, highlighted my fun short 5233 on ftse.
17:02pm, 21-11-11, nicked 41 quid, so that is 625 quid in profit, from 19 winners and 10 losers out of 29 fun bets in the 11th series of fun bets.
16:44pm, 21-11-11, highlighted another fun long on dow 11463, half stoploss.
16:41pm, 21-11-11, lost that one for 50 quid, so that is 584 quid in profit, from 18 winners and 10 losers out of 28 fun bets in the 11th series of fun bets.
16:16pm, 21-11-11, highlighted my fun long on dow 11508, tighter stoploss.
16:13pm 21-11-11, grabbed 68 quid on the ftse short, so that is 634 quid in profit, from 18 winners and 9 losers out of 27 fun bets in the 11th series of fun bets.
15:06pm, 21-11-11, booked 85 quid on the dow short, so that is 566 quid in profit, from 17 winners and 9 losers out of 26 fun bets with the ftse short running from the 11th series of fun bets.
10:01am, 21-11-11, highlighted my second fun short on dow 11645.
09:10am, 21-11-11, highlighted my fun short 5261 on ftse.
09:08am, 21-11-11, nicked 26 quid, so that is 481 quid in profit, from 16 winners and 9 losers out of 25 fun bets from the 11th series of fun bets.
08:53am, 21-11-11, highlighted my fun long 5251 on ftse with a tighter stoploss.
08:37am, 21-11-11, lost that one, so that is 455 quid in profit, from 15 winners and 9 losers out of 24 fun bets from the 11th series of fun bets.
07:47am, 21-11-11, highlighted my fun long on ftse 5325.
08:03am, 19-11-11, some weekly reflections:
"Finally, I seem to have hit the sweetspot of trading by a simplified method as you have seen in the past week. The 11th Series now stands at £555 in profit, even though I missed to collect good profits on a number of occasions due to the old habits. Trading has to be that flexible, take whatever the market delivers, not what you want the market to deliver. So I will stick to this simplified version of trading system and see how it goes.
Let's have a look at the forecasts and outcomes:
FTSE 100: 5550-5330 (actual: 5588-5341);
Dow: 12220-11660 (actual: 12238-11673);
BP: 464-435 pence (actual: 465-446 pence);
Barclays: 180-140 pence (actual: 184-162 pence);
Gold: $1723-$1850 (actual: $1710-$1795);
Euro/dollar: $1.3680-$1.3860 (actual: $1.3422-$1.3790);
Nymex: $99.80-$94.70 (actual: $103.37-$96.70).
Think that is one of my best weekly forecasts, well, and the fun bet series made good money, so a good week after all.
Have a nice weekend, folks."
18:06pm, 18-11-11, grabbed 72 quid, very frustrated, so that is 555 quid in profit, from 15 winners and 8 losers out of 23 fun bets from the 11th series of fun bets.
13:09pm, 18-11-11, highlighted my fun short on ftse 5392.
12:53pm, 18-11-11, nipped 7 quid, so that is 483 quid in profit, from 14 winners and 8 losers out of 22 fun bets from the 11th series of fun bets.
12:08pm, 18-11-11, highlighted my fun long on euro/dollar at 13578.
10:17am, 18-11-11, out for 41 quid, so that is 476 quid in profit, from 13 winners and 8 losers out of 21 fun bets from the 11th series of fun bets.
07:31am, 18-11-11, highlighted my fun long on dow 11774.
06:30am, 18-11-11, grabbed 150 quid, so that is 435 quid in profit, from 12 winners and 8 losers out of 20 fun bets from the 11th series of fun bets.
09:56am, 17-11-11, highlighted my fun short on ftse 5438.
09:52am, 17-11-11, lost that one for 50 quid, so that is 285 quid in profit, from 11 winners and 8 losers out of 19 fun bets from the 11th series of fun bets.
08:13am, 17-11-11, highlighted my fun long on euro/dollar 13494.
20:50pm, 16-11-11, chopped for 21 quid, so that is 335 quid in profit, from 11 winners and 7 losers out of 18 fun bets from the 11th series of fun bets. Annoyed, poorly managed trade, winner turned into a loser.
15:13pm, 16-11-11, highlighted my fun long on dow 11970.
13:45pm, 16-11-11, grabbed 50 quid, so that is 356 quid in profit, from 11 winners and 6 losers out of 17 fun bets from the 11th series of fun bets.
12:23pm, 16-11-11, highlighted my fun short 5500 on ftse.
11:07am, 16-11-11, grabbed 70 quid after all the dividend costs etc, so that is 306 quid in profit, from 10 winners and 6 losers out of 16 fun bets from the 11th series of fun bets.
14:32pm, 15-11-11, highlighted my fun short on ftse 5517.
12:26pm, 15-11-11, grabbed 120 quid, so that is 236 quid in profit, from 9 winners and 6 losers out of 15 fun bets from the 11th series of fun bets.
15:15pm, 14-11-11, highlighted my fun short on ftse 5515.
14:53pm, 14-11-11, chopped for 12 quid loss, so that is 116 quid in profit, from 8 winners and 6 losers out of 14 fun bets from the 11th series of fun bets.
12:07pm, 14-11-11, highlighted my fun short on ftse 5493.
10:10am, 14-11-11, grabbed 22 quid after interest payment, so that is 128 quid in profit, from 8 winners and 5 losers out of 13 fun bets from the 11th series of fun bets.
19:01pm, 12-11-11, some weekly reflections:
"Finally, the 10th series of fun bets finished with record deficit (almost as bad as the Greeks) at £2282 in red! After the 9th series finished with record profit, now the 10th was the sucker punch. I struggled in the second, with losses mounting, it was difficult to make rational decisions. Trading is a psychological warfare, so is life, no wonder one of the
most desired wishes for many people is to have a clean start again in life, but alas, as human beings, we carry our history on our back, like the humps on the camel's back,
we draw water and nuitrition from them while in the deepest desert and we get weighed down by them most of the time! Trading is still to be improved upon. The 11th Series
had a good start, then got let down by a poor Friday, which was a big letdown, as I had the perfect mooriver map for the day's action and around mid-day, just before the
tide turned, I suddenly turned to the dark side. It was a costly mistake. So the 11th Series stood at £106 in profit with a profitable short running on ftse from 5550.
The markets always tried to fox you into thinking the wrong way, but a key improvement to be sought is what happens after I realise that an order is placed the wrong way, need to be a lot nimbler, cut loss as quick as lightening and hold onto profit as long as possible. And also, I need to trade with a lot more conviction, sticking to my own analyses.
This week, I think I am going to award our Lady S as Moostar of the Week, as she juggled between domestic duties and other engagements and made some money in trading
etf's and Barclays shares. Well done, Lady S., keep it the purple way, haha.
Let's have a look at the forecasts and outcomes:
FTSE 100: 5390-5680 (actual: 5338-5650, quite good, and notice they did my weekly range in one day again on Wednesday);
Dow: 11540-12100 (actual: 11702-12186);
Nymex: $90-$96(actual: $93.24-$99.39);
Gold: $1766-$1640 (actual: $1803-$1736);
Euro/dollar: $1.3600-$1.3820 (actual: $1.3484-$1.3859);
BP: 464-422 pence (actual: 466-441 pence);
Barclays: 150-207 pence (actual: 166-187 pence).
Not a bad bunch of forecasts, could be a bit better.
Have a nice weekend, folks, enjoy the blue sky today! "
18:51pm, 11-11-11, highlighted my fun short 5550 on ftse.
17:46pm, 11-11-11, nicked 4 quid, so that 106 quid in profit, from 7 winners and 5 losers out of 12 fun bets from the 11th series of fun bets.
15:49pm, 11-11-11, highlighted my fun short 5539 on ftse.
15:24pm, 11-11-11, nicked four quid, so that is 102 quid in profit, from 6 winners and 5 losers out of 11 fun bets from the 11th series of fun bets.
14:48pm, 11-11-11, highlighted my fun short on ftse 5523.
14:14pm, 11-11-11, lost that one, so that is 98 quid in profit, from 5 winners and 5 losers out of 10 fun bets from the 11th series of fun bets.
11:42am, 11-11-11, highlighted my fun short 5465 on ftse.
11:37am, 11-11-11, chopped it for 2 quid loss, so that is 198 quid in profit, from 5 winners and 4 losers out of 9 fun bets from the 11th series of fun bets.
08:23am, 11-11-11, highlighted my fun long on dow 11959.
14:29pm, 10-11-11, nicked 20 quid, not going anywhere, so that is 200 quid in profit, from 5 winners and 3 losers out of 8 fun bets from the 11th series of fun bets.
12:57pm, 10-11-11, highlighted my fun short 5492 on ftse.
09:52am, 10-11-11, grabbed at 5474, so that is 180 quid in profit, from 4 winners and 3 losers out of 7 fun bets from the 11th series of fun bets.
07:18am, 10-11-11, highlighted my fun long 5348 on ftse.
19:13pm, 09-11-11, grabbed 114 quid, so that is 72 quid in the red, from 3 winners and 3 losers out of 6 fun bets from the 11th series of fun bets.
17:09pm, 09-11-11, highlighted my fun short 5452 on ftse.
17:07pm, 09-11-11, nicked 8 quid, so that is 186 quid in the red, from 2 winners and 3 losers out of 5 fun bets from the 11th series of fun bets.
16:12pm, 09-11-11, highlighted my fun long 5449.
16:10pm, 09-11-11, lost 44 quid, so that is 194 quid in the red, from 1 winner and 3 losers out of 4 fun bets from the 11th series of fun bets.
14:55pm, 09-11-11, lost that long, and highlighted my fun short 5427 on ftse, so that is 150 quid in the red, from 1 winner and 2 losers out of 4 fun bets with ftse short running from the 11th series of fun bets.
10:35am, 09-11-11, highlighted my fun long 5483 on ftse.
10:32am, 09-11-11, grabbed 50 quid, so that is 50 quid in the red, from 1 winner and 1 loser out of 2 fun bets from the 11th series of fun bets.
09:43am, 09-11-11, highlighted my fun short 5511 on ftse.
09:13am, 09-11-11, lost that one, so that is £100 in the red, from the first fun bet in the 11th series.
08:10am, 09-11-11, highlighted my fun long 5596 on ftse.
06:57am, 09-11-11, set up limit fun short on ftse.
20:27pm, 08-11-11, lost that one, what a miserable run, so that is 2282 quid loss from 36 winners and 59 losers and 5 breakevens out of 100 selections in the 10th series of fun bets.
16:35pm, 08-11-11, highlighted my last fun short in this series on nymex 9598.
16:21pm, 08-11-11, lost 30 quid on that one, so that is 2182 quid loss from 36 winners and 58 losers and 5 breakevens out of 99 selections in the 10th series of fun bets.
14:48pm, 07-11-11, highlighted my fun short 5549 on ftse.
12:21pm, 07-11-11, grabbed the money, so that is 2152 quid loss from 36 winners and 57 losers and 5 breakevens out of 98 selections in the 10th series of fun bets.
09:04am, 07-11-11, highlighted my fun long 5449 on ftse.
08:56am, 07-11-11, out of the oil short at breakeven, so that is 2232 quid loss from 35 winners and 57 losers and 5 breakevens out of 97 selections in the 10th series of fun bets.
09:04pm, 05-11-11, some weekly reflections:
"Things got much worse this week. I put in a few good trades in the week, but most of the time, I have been georged by that Greek tragedy. I was trading like a football manager, losing the game 4:0 down with 20 minutes to go, so did quite a few all-in's and threw on all my strikers and got punished with a loose defence. Now this series stands at a whopping £2232 in red and it does need a miracle to turn this around. There are only four fun bets left in the series including the stuck oil short. So I have decided to split the 400 quid budget into two trades only at £200 stoploss each to conclude this series for better or for worse.
So I will extend the stoploss on the existing oil short for another 100 pointer and see if it survives any Sunday night spikes and set the limit for 85 dollars, which, if surviving, will turn in a profit of 863 pounds and then a long from there for 101 dollars, which if it works, will turn in a profit of 1600 pounds. So together these two combo fun bets (two fun bets in one) might turn this series into a profit, lol, that will be a miracle!
I have had much thought about the trading system and have identified a way of trading which will allow less thinking and more trading on confirmation. So I am going to experiment that in the next series of fun bets and hopefully the new system will turn into a good one with some tinkering.
There are always lessons to be learnt in this market and to frame trades into a series actually adds more pressure, if it is a losing one towards the end. The human mind always tries to justify itself in trying to turn the series into a profitable one. That adds more complication to trading, with the number of fun bets running out etc. But we will try the new system and see how it works, as I can't think of a better way to measure the trading performance.
Now let's have a look at the forecasts and outcomes:
FTSE 100: 5716-5496 (actual: 5686-5336);
Dow: 12300-11500 (actual: 12204-11629);
Gold: $1543-$1744 (actual: $1681-$1768);
Nymex: $94-$88.70 (actual: $94.93-$89.18);
Euro/dollar: $1.4150-$1.3850 (actual: $1.4171-$1.3609);
Barclays: 202-190 pence (actual: 211-172 pence);
BP: 482-433 pence (actual: 468-436 pence).
Well, any other traders might have made loads of money out of these forecasts, which are not a bad lot at all. Well, I rest my case, as I have to admit so far the mooriverwatcher has outgunned moorivertrader most of the time.
Have a nice weekend, folks."
13:15pm, 04-11-11, lost that one too, highlighted my fun short on nymex 9363, so that is 2232 quid loss from 35 winners and 57 losers and 4 breakevens out of 96 selections with oil short running in the 10th series of fun bets.
12:33pm, 04-11-11, lost that long on the dot again on the dive at the nonfarm news, it says a lot about my luck these days, highlighted another long at 9466 on nymex, so that is 2132 quid loss from 35 winners and 56 losers and 4 breakevens out of 95 selections with oil short running in the 10th series of fun bets.
09:53am, 04-11-11, highlighted my fun long 9468 on nymex.
09:38am, 04-11-11, lost the short on nymex, so that is 2032 quid loss from 35 winners and 55 losers and 4 breakevens out of 94 selections with oil short running in the 10th series of fun bets.
14:56pm, 03-11-11, highlighted my fun short on nymex 9363.
14:51pm, 03-11-11, lost that one, so that is 1912 quid loss from 35 winners and 54 losers and 4 breakevens out of 93 selections with oil short running in the 10th series of fun bets.
14:05pm, 03-11-11, highlighted my fun short 5485 on ftse.
13:56pm, 03-11-11, lost that one, so that is 1812 quid loss from 35 winners and 53 losers and 4 breakevens out of 92 selections with oil short running in the 10th series of fun bets.
13:13pm, 03-11-11, highlighted my fun long 5556 on ftse.
13:03pm, 03-11-11, lost that short, so that is 1712 quid loss from 35 winners and 52 losers and 4 breakevens out of 91 selections with oil short running in the 10th series of fun bets.
11:49am, 03-11-11, highlighted my fun short on nymex 9310.
11:46am, 03-11-11, lost that short on nymex too, so that is 1612 quid loss from 35 winners and 51 losers and 4 breakevens out of 90 selections with oil short running in the 10th series of fun bets.
10:19am, 03-11-11, lost the ftse short, so that is 1512 quid loss from 35 winners and 50 losers and 4 breakevens out of 90 selections with oil short running in the 10th series of fun bets.
09:33am, 03-11-11, highlighted my second fun short on nyex 9223.
09:01am, 03-11-11, highlighted my fun short on ftse 5463.
07:40pm, 03-11-11, grabbed 240 quid, not clever with that one, should have been in and out a few times, so that is 1392 quid loss from 35 winners and 49 losers and 4 breakevens out of 88 selections in the 10th series of fun bets.
13:02pm, 02-11-11, lost 120 quid on that one, highlighted another short on nymex 9370, so that is 1632 quid loss from 34 winners and 49 losers and 4 breakevens out of 87 selections in the 10th series of fun bets.
07:19am, 02-11-11, highlighted my fun short on nymex 9250.
07:15am, 02-11-11, grabbed 156 quid, so that is 1512 quid loss from 34 winners and 48 losers and 4 breakevens out of 86 selections in the 10th series of fun bets.
16:09pm, 01-11-11, highlighted my fun long on dow 11674.
15:06pm, 01-11-11, grabbed 6 quid, so that is 1668 quid loss from 33 winners and 48 losers and 4 breakevens out of 85 selections in the 10th series of fun bets.
14:31pm, 01-11-11, highlighted my fun short 9056 on nymex.
13:58pm, 01-11-11, lost that one, so that is 1674 quid loss from 32 winners and 48 losers and 4 breakevens out of 84 selections in the 10th series of fun bets.
12:58pm, 01-11-11, highlighted my fun short on nymex 8967.
12:53pm, 01-11-11, lost that one, so that is 1574 quid loss from 32 winners and 47 losers and 4 breakevens out of 83 selections in the 10th series of fun bets.
08:29am, 01-11-11, highlighted my fun long on ftse 5393.
08:13am, 01-11-11, made 135 quid from the oil short, so that is 1474 quid loss from 32 winners and 46 losers and 4 breakevens out of 82 selections in the 10th series of fun bets.
18:31pm, 31-10-11, highlighted my fun short on nymex near 9320.
17:42pm, 31-10-11, stopped out at breakeven, so that is 1609 quid loss from 31 winners and 46 losers and 4 breakevens out of 81 selections in the 10th series of fun bets.
14:48pm, 31-10-11, highlighted my fun short on nymex 9263.
13:51pm, 31-10-11, grabbed 106 quid, so that is 1609 quid loss from 31 winners and 46 losers and 3 breakevens out of 80 selections in the 10th series of fun bets.
08:29am, 31-10-11, highlighted my fun short on nymex 9270.
06:43am, 31-10-11, grabbed 48 pounds on the dow short, so that is 1715 quid loss from 30 winners and 46 losers and 3 breakevens out of 79 selections in the 10th series of fun bets.
05:53am, 31-10-11, last day of the month, be careful. Good luck all.
10:53pm, 29-10-11, some weekly reflections:
"Trading is psychological. This miserable run of fun bets just proves it. I saw this Santa rally from 4850ish to 5800ish a long time ago before we had that fatal test of 4850ish, but somehow I went for the rally a bit earlier and suddenly got stuck in the wrong sort of mindset and the death of Jobs further compounded my psychological barrier to be a bull. Then, my eyes turned bears' eyes and the rest is history.
Having said that, I still think the Eurocrats had presented the best comedy ever in the global political theatre. They rushed out a solution on the deadline without getting the consent from the Chinese government first, hence, they proposed and passed a mirage solution to the current debt problems. And the markets rallied! Reality will soon kick in, I think.
Bear market rallies are the hardest of all and this must be one of them. And if you look at my diaries for the past few years, I tend to foresee the Santa rally and then got on the wrong end of the sticks quite often. It seems that there is something in me that jumps out in the latter part of the year to fight the trend, rather than respect and trade the trend. How curiously interesting.
While I will try to turn around this gigantic loss of £1763 on the fun bet series, I will just trade as the market allows. If this series ends in the red, then let that be a lesson, after last one ending in record profit. It seems that it is not easy to make £1000 per fun bet series consistently. But I will give it a go, perhaps from the next series.
I am very warmed by the support in the Club. You are all moostars this week. Thanks, folks, we will get out of this trap, I am sure.
Let's have a look at the forecasts and outcomes:
FTSE 100: 5580-5380 (actual: 5785-5464);
Dow: 12000-11400 (actual: 12288-11684);
Gold: $1670-$1580 (actual: $1753-$1636);
Euro/dollar: $1.4050-$1.3700 (actual: $1.4247-$1.3799);
Nymex: $89-$80.30 (actual: $94.61-$87.04);
BP: 452-410 pence (actual: 472-431 pence);
Barclays: 158-182 pence (actual: 175-218 pence).
All gone wrong here. Will need some time to get back on track. The analyst needs to be separated from the trader, but they do share the same brain, so sometimes, it is a bit difficult, lol.
Have a nice weekend, folks."
14:33pm, 28-10-11, highlighted my fun short on dow 12192.
13:57pm, 28-10-11, stopped out at breakeven, was hoping for too much, so that is 1763 quid loss from 29 winners and 46 losers and 3 breakevens out of 78 selections in the 10th series of fun bets.
08:40am, 28-10-11, highlighted my fun short on nymex 9308.
20:54pm, 27-10-11, lost 6 quid, so that is 1763 quid loss from 29 winners and 46 losers and 2 breakevens out of 77 selections in the 10th series of fun bets.
19:13pm, 27-10-11, highlighted my fun short on ftse 5752.
18:14pm, 27-10-11, lost 26 quid, so that is 1757 quid loss from 29 winners and 45 losers and 2 breakevens out of 76 selections in the 10th series of fun bets.
17:56pm, 27-10-11, highlighted my fun short 5732 on ftse.
17:10pm, 27-10-11, grabbed 77 quid, so that is 1731 quid loss from 29 winners and 44 losers and 2 breakevens out of 75 selections in the 10th series of fun bets.
15:12pm, 27-10-11, highlighted my fun long on dow 12096.
15:09pm, 27-10-11, finally a winner, grabbed 74 quid, so that is 1808 quid loss from 28 winners and 44 losers and 2 breakevens out of 75 selections in the 10th series of fun bets.
14:37pm, 27-10-11, highlighted my fun short 5733 on ftse.
14:16pm, 27-10-11, lost that one too, so that is 1882 quid loss from 27 winners and 44 losers and 2 breakevens out of 74 selections in the 10th series of fun bets.
12:41pm, 27-10-11, highlighted my fun short on ftse 5695.
11:02am, 27-10-11, stopped out at breakeven, so that is 1782 quid loss from 27 winners and 43 losers and 2 breakevens out of 73 selections in the 10th series of fun bets.
07:13am, 27-10-11, highlighted my fun short on ftse 5683.
05:33am, 27-10-11, lost that one, so that is 1782 quid loss from 27 winners and 43 losers and 1 breakeven out of 72 selections in the 10th series of fun bets.
19:23pm, 26-10-11, highlighted my fun short 5576 on ftse.
19:21pm, 26-10-11, chopped that long for 16 quid, so that is 1682 quid loss from 27 winners and 42 losers and 1 breakeven out of 71 selections in the 10th series of fun bets.
19:15pm, 26-10-11, highlighted my fun long 5583 on ftse.
19:05pm, 26-10-11, lost that one too, so that is 1666 quid loss from 27 winners and 41 losers and 1 breakeven out of 70 selections in the 10th series of fun bets.
17:52pm, 25-10-11, highlighted my fun short on ftse 5531.
17:49pm, 25-10-11, lost 48 quid on that one, so that is 1546 quid loss from 27 winners and 40 losers and 1 breakeven out of 69 selections in the 10th series of fun bets.
17:35pm, 25-10-11, highlighted my fun long on nymex near 9408.
17:16pm, 25-10-11, stuck in this vicious loop, lost that one too, so that is 1498 quid loss from 27 winners and 39 losers and 1 breakeven out of 68 selections in the 10th series of fun bets
14:46pm, 25-10-11, highlighted my fun short 5494 on ftse.
14:38pm, 25-10-11, lost that one, so that is 1398 quid loss from 27 winners and 38 losers and 1 breakeven out of 67 selections in the 10th series of fun bets
14:11pm, 25-10-11, highlighted my fun long on ftse 5523.
14:07pm, 25-10-11, lost that one too, so that is 1298 quid loss from 27 winners and 37 losers and 1 breakeven out of 66 selections in the 10th series of fun bets .
11:57am, 25-10-11, highlighted my fun long 5566 on ftse.
11:40am, 25-10-11, the calamity deepens, lost that one too, so that is 1198 quid loss from 27 winners and 36 losers and 1 breakeven out of 65 selections in the 10th series of fun bets with oil short running.
09:02am, 25-10-11, lost the short and nymex limit short at 9240 kicked in, so that is 1078 quid loss from 27 winners and 35 losers and 1 breakeven out of 64 selections in the 10th series of fun bets with oil short running.
14:21pm, 24-10-11, highlighted my fun short on ftse 5505.
22:00pm, 23-10-11, ready, steady, trade, folks. Starting the week on a hefty loss of £956, must be a mountain to climb, the odds of me not being able to turn this series into profit must be very high, with only 38 fun bets left. But I will give it a go.
07:58am, 22-10-11, some weekly reflections (confessions? lol):
"
This is a very bad-hair week indeed. Seeing the future is no help to trading, at the beginning of the week, the overall foresight of a Santa rally hampers my enthusiasm in shorting the rallies and then later on, got stuck in some loser's mindset, wishing for big winners in a yoyoing market and then got foxed by the false break to the downside on Thursday and ignored the real breakout on Friday, what more mistakes can one make in one week!
The fun bet series is on a record deficit of almost 1000 pounds now. Need some drastic actions to turn this series around. But I have got this plan formulated just for that purpose. For the next 20 fun bets, they will all be on 50 stop and 50 max profit in a concerted effort to get the series into black and then for the last 18 fun bets, I will aim to build up some profits there. That is my plan and I will stick to that. The number of fun bets which were on 50 or more quid profit and then got chopped on a counter move was substantial due to mismanagement. So I will just carry out this plan and see how it works.
It has been a quiet week, though a few members are keeping me updated on various viewpoints, like Bradley's turning-day from J., etc. I am awarding our Al to be our Moostar of the Week as his trading records with luk2 and suk2 stands out in the crowd for the past few weeks. Mind you, he is also working on a number of other instruments too. Well done, Al., you are our Moostar of the Week.
Let's have a look at the forecasts and outcomes:
FTSE 100: 5505-5015 (actual: 5544-5347);
Dow: 11650-11020 (actual: 11823-11286);
BP: 420-377 pence (actual: 421-444 pence);
Barclays: 180-155 pence (actual: 184-168 pence);
Euro/dollar: $1.3900-$1.3550 (actual: $1.3915-$1.3653);
Gold: $1720-$1610 (actual: $1695-$1604);
Nymex: $88-$80.40 (actual: $89.68-$84.23).
Shouldn't have touched on anything apart from FTSE really, got on the wrong end of the sticks every time I migrated to Dow and oil. Will focus on ftse now.
Have a nice weekend."
19:58pm, 21-10-11, banked 16 quid, so that is 956 quid loss from 27 winners and 34 losers and 1 breakeven out of 62 selections in the 10th series of fun bets.
18:19pm, 21-10-11, highlighted my fun long 5470 on ftse.
16:25pm, 21-10-11, lost 48 quid, so that is 972 quid loss from 26 winners and 34 losers and 1 breakeven out of 61 selections in the 10th series of fun bets.
14:23pm, 21-10-11, highlighted my fun short on ftse 5458.
13:34pm, 21-10-11, lost that short, so that is 924 quid loss from 26 winners and 33 losers and 1 breakeven out of 60 selections in the 10th series of fun bets.
20:05pm, 20-10-11, highlighted my fun short 11553 on dow.
20:01pm, 20-10-11, lost another one, so that is 824 quid loss from 26 winners and 32 losers and 1 breakeven out of 59 selections in the 10th series of fun bets.
16:41pm, 20-10-11, highlighted my fun short on dow 11468.
16:28pm, 20-10-11, lost 26 quid, so that is 724 quid loss from 26 winners and 31 losers and 1 breakeven out of 58 selections in the 10th series of fun bets.
16:18pm, 20-10-11, highlighted my fun short 11427 on dow.
16:08pm, 20-10-11, lost that one, so that is 698 quid loss from 26 winners and 30 losers and 1 breakeven out of 57 selections in the 10th series of fun bets.
15:15pm, 20-10-11, highlighted my fun long 5418 on ftse.
15:12pm, 20-10-11, lost 4 quid, so that is 598 quid loss from 26 winners and 29 losers and 1 breakeven out of 56 selections in the 10th series of fun bets.
10:42am, 20-10-11, highlighted my fun short 5417 on ftse.
10:07am, 20-10-11, grabbed 32 quid, so that is 594 quid loss from 26 winners and 28 losers and 1 breakeven out of 55 selections in the 10th series of fun bets.
09:47am, 20-10-11, highlighted my fun short 5402 on ftse.
09:22am, 20-10-11, grabbed 44 quid, so that is so that is 626 quid loss from 25 winners and 28 losers and 1 breakeven out of 54 selections in the 10th series of fun bets.
07:52am, 20-10-11, higlighted my fun long on ftse 5376.
06:35am, 20-10-11, lost the dow long, so that is 670 quid loss from 24 winners and 28 losers and 1 breakeven out of 53 selections in the 10th series of fun bets. set up limit order on nymex.
20:39pm, 18-10-11, highlighted my fun long 11566 on dow.
20:21pm, 18-10-11, lost 12 quid, so that is 566 quid loss from 24 winners and 27 losers and 1 breakeven out of 52 selections in the 10th series of fun bets.
20:09pm, 18-10-11, highlighted my fun short on dow 11580.
20:06pm, 18-10-11, lost 61 quid, so that is 554 quid loss from 24 winners and 26 losers and 1 breakeven out of 51 selections in the 10th series of fun bets.
19:18pm, 18-10-11, highlighted my fun short on dow 11509.
18:35pm, 18-10-11, grabbed a tenner, so that is 493 quid loss from 24 winners and 25 losers and 1 breakeven out of 50 selections in the 10th series of fun bets.
18:03pm, 18-10-11, highlighted my fun short 11490 on dow.
16:49pm, 18-10-11, grabbed 58 quid, so that is 503 quid loss from 23 winners and 25 losers and 1 breakeven out of 49 selections in the 10th series of fun bets.
19:54pm, 17-10-11, highlighted my fun long on ftse 5400.
19:39pm, 17-10-11, it is a terrible start to the week, lost that one too, so that is 561 quid loss from 22 winners and 25 losers and 1 breakeven out of 48 selections in the 10th series of fun bets.
14:48pm, 17-10-11, highlighted my fun long 5453 on ftse.
14:36pm, 17-10-11, lost that one, so that is 441 quid loss from 22 winners and 24 losers and 1 breakeven out of 47 selections in the 10th series of fun bets.
11:27am, 17-10-11, highlighted my fun long 8735 on nymex.
11:10am, 17-10-11, chopped that short at 5514, so that is 341 quid loss from 22 winners and 23 losers and 1 breakeven out of 46 selections in the 10th series of fun bets.
20:19pm, 16-10-11, ready, steady, trade, good luck, folks.
22:18pm, 14-10-11, some weekly reflections:
"
A very poor week indeed. I was struggling all along with the sequence of events and the higher plateau of prices. While this rally to 5500ish and beyond is well forecast, my bull heart went out with the death of Jobs. I have never recovered since.
The fun bet series is still deeply in red at £289 in red and one opening trade at a paper loss too. It never got going this week, to be honest.
Folks up and down the Club have been trying hard to rally me up into another purple run, but it never came this week. Thanks, folks, much appreciated. With so many members involved in this warm support, I won't nominate a Moostar this week, as you are all my stars. Thanks, folks, I will try to do better next week.
Let's have a look at the forecasts and outcomes:
FTSE 100: 5450-5060 (actual: 5502-5293);
Dow: 11400-10770 (actual: 11656-11158);
Euro/dollar: $1.3300-$1.3730(actual: $1.3378-$1.3894);
Nymex: $80.40-$85 (actual: $83.05-$87.41);
Gold: $1705-$1600 (actual: $1692-$1640);
BP: 373-423 pence (actual: 395-417 pence);
LBG: 31.5-39.5 pence (actual: 33-37 pence).
Have a nice weekend, folks."
18:20pm, 14-10-11, highlighted my fun short 5479 on ftse.
17:17pm, 14-10-11, grabbed 16 quid, so that is 289 quid loss from 22 winners and 22 losers and 1 breakeven out of 45 selections in the 10th series of fun bets. A very poor week indeed.
16:47pm, 14-10-11, highlighted my fun short on ftse 5472.
16:30pm, 14-10-11, grabbed 16 quid, so that is 305 quid loss from 21 winners and 22 losers and 1 breakeven out of 44 selections in the 10th series of fun bets. A very poor week indeed.
10:56pm, 14-10-11, highlighted my fun short on ftse 5466.
10:54pm, 14-10-11, lost that one, so that is 321 quid loss from 20 winners and 22 losers and 1 breakeven out of 43 selections in the 10th series of fun bets.
16:54pm, 13-10-11, highlighted my fun short on ftse 5411.
16:51pm, 13-10-11, chopped it for a tenner, so that is 199 quid loss from 20 winners and 21 losers and 1 breakeven out of 42 selections in the 10th series of fun bets.
14:49pm, 13-10-11, highlighted my fun long on dow 11438.
12:03pm, 13-10-11, grabbed 68 quid, as yankies are waking up! so that is 189 quid loss from 20 winners and 20 losers and 1 breakeven out of 41 selections in the 10th series of fun bets.
08:31am, 13-10-11, highlighted my fun short on ftse again 5433.
07:49am, 13-10-11, grabbed 38 quid, so that is 257 quid loss from 19 winners and 20 losers and 1 breakeven out of 40 selections in the 10th series of fun bets.
10:47am, 12-10-11, highlighted my fun short on ftse 5430.
10:47am, 12-10-11, lost that one, so that is 295 quid loss from 18 winners and 20 losers and 1 breakeven out of 39 selections in the 10th series of fun bets.
08:50am, 12-10-11, highlighted my fun short on ftse 5372.
08:36am, 12-10-11, grabbed 36 quid, so that is 195 quid loss from 18 winners and 19 losers and 1 breakeven out of 38 selections in the 10th series of fun bets.
12:46pm, 11-10-11, highlighted my fun short 11412 on dow.
12:44pm, 11-10-11, chopped it for 2 quid, so that is 231 quid loss from 17 winners and 19 losers and 1 breakeven out of 37 selections in the 10th series of fun bets.
10:40am, 11-10-11, highlighted my fun long on ftse 5360.
09:42am, 11-10-11, grabbed 4 quid on that ill-timed short, so that is 229 quid loss from 17 winners and 18 losers and 1 breakeven out of 36 selections in the 10th series of fun bets.
20:49pm, 10-10-11, highlighted my fun short 11378 on dow.
20:12pm, 10-10-11, lost 30 quid, so that is 233 quid loss from 16 winners and 18 losers and 1 breakeven out of 35 selections in the 10th series of fun bets.
14:43pm, 10-10-11, highlighted my fun short on dow 11308.
14:08pm, 10-10-11, lost 6 quid, so that is 203 quid loss from 16 winners and 17 losers and 1 breakeven out of 34 selections in the 10th series of fun bets.
10:49am, 10-10-11, highlighted my fun short 5340 on ftse.
10:31am, 10-10-11, grabbed 28 quid, so that is 197 quid loss from 16winners and 16 losers and 1 breakeven out of 33 selections in the 10th series of fun bets.
08:03am, 10-10-11, highlighted my fun long on ftse 5323.
20:33pm, 09-10-11, ready, steady, trade. Good luck all.
08:35am, 08-10-11, all reports done, time to chill out, should be an easier week than the last one.
10:23am, 08-10-11, some weekly reflections:
"What a week. The markets have survived one potentially fatal test of the lowerbank on weekly charts and can now reap some rewards for the bulls. Yet again, on such a big occasion, I was on the wrong side. The number of big-occasion mistakes in the past made me wonder whether there is a cunning weakness in me that often jump the ship before it has sunk.
It has been a struggle for me this week in trading. On the purple days, I was thinking I was unbeatable; then on the badhair days, I just could not muster any winners at all. It has been that kind of week. Overall, the fun bets series started the week with 262 pounds in the red, and ended the week with 225 pounds in the red with the loss piling up to 626 pounds in the red at one time (a second historical high in the red, I think), so it is probably best to write off this week. The fun bet series are never a boring bunch for sure.
Throughout the week, folks have been rallying and providing me with plenty of support. I am very grateful for that. Our two Moostars are really showing their individual strength and MF and others have all been very generous in their kindness. But for this week, I am going to award our Iaan as Moostar of the week, as he trades quite nifty in a stormy moo river and provided me with constant support and alerts. Many thanks, buddy, you are our Moostar of the week.
Let's have a look at the forecasts and outcomes:
FTSE 100: 5020-5250 (actual: 4866-5373);
Dow: 10808-11450 (actual: 10402-11246);
Euro/dollar: $1.3360-$1.3750 (actual: $1.3146-$1.3525);
Nymex: $78.20-$85.50 (actual: $74.97-$84);
Gold: $1641-$1513 (actual: $1679-$1596);
Barclays: 150-190 pence (actual: 143-172 pence);
BP: 380-400 pence (actual: 364-404 pence).
Could have been so much a better week, if I'd stuck to the Santa rally theme in trading. Trading is an interesting game, where it demands both flexibility and determination and it is the worst case scenario that you are on determination when it demands flexibility and vice versa, on the wrong end of the stick, so to speak. But it is sufficient to say always stick to the nearest support or resistance, until they are broken.
Have a lovely weekend, folks."
20:31pm, 07-10-11, grabbed 124 quid profit, very poorly traded, so that is 225 quid loss from 15 winners and 16 losers and 1 breakeven out of 32 selections in the 10th series of fun bets.
09:55am, 07-10-11, highlighted my fun long 11092 on dow.
08:52am, 07-10-11, took 121 quid on the dow long, so that is 349 quid loss from 14 winners and 16 losers and 1 breakeven out of 31 selections in the 10th series of fun bets.
16:31pm, 06-10-11, highlighted my fun long on dow 11002.
16:29pm, 06-10-11, chopped that short for 54 quid, so that is 470 quid loss from 13 winners and 16 losers and 1 breakeven out of 30 selections in the 10th series of fun bets.
16:19pm, 06-10-11, highlighted my fun short on ftse 5253.
16:15pm, 06-10-11, lost that one too, so that is 416 quid loss from 13 winners and 15 losers and 1 breakeven out of 29 selections in the 10th series of fun bets.
14:37pm, 06-10-11, highlighted my fun short 5196 on ftse.
14:11pm, 06-10-11, nicked 20 quid, so that is 296 quid loss from 13 winners and 14 losers and 1 breakeven out of 28 selections in the 10th series of fun bets.
10:12am, 06-10-11, lost that one, and highlighted my fun short on ftse 5188, so that is 316 quid loss from 12 winners and 14 losers and 1 breakeven out of 27 selections in the 10th series of fun bets.
07:02am, 06-10-11, highlighted my fun short on ftse 5136.
20:07pm, 05-10-11, chopped that for 16 quid, so that is 196 quid loss from 12 winners and 13 losers and 1 breakeven out of 26 selections in the 10th series of fun bets.
16:05pm, 05-10-11, highlighted my fun short on ftse 5110.
15:48pm, 05-10-11, grabbed 186 quid, so that is 180 quid loss from 12 winners and 12 losers and 1 breakeven out of 25 selections with ftse long running in the 10th series of fun bets.
15:28pm, 05-10-11, locked finally for a free ride.
11:01am, 05-10-11, highlighted my fun long 5016 on ftse.
10:52am, 05-10-11, grabbed 34 quid, so that is 366 quid loss from 11 winners and 12 losers and 1 breakeven out of 24 selections with ftse long running in the 10th series of fun bets.
09:16am, 05-10-11, highlighted my fun short 5028 on ftse.
09:08am, 05-10-11, grabbed 22 quid, so that is 400 quid loss from 10 winners and 12 losers and 1 breakeven out of 23 selections with ftse long running in the 10th series of fun bets.
08:51am, 05-10-11, highlighted my fun long 5003 on ftse.
08:39am, 05-10-11, grabbed 84 quid, so that is 422 quid loss from 9 winners and 12 losers and 1 breakeven out of 22 selections with ftse long running in the 10th series of fun bets.
21:00pm, 04-10-11, highlighted my fun short on ftse 5050.
20:54pm, 04-10-11, grabbed 120 quid, so that is 506 quid loss from 8 winners and 12 losers and 1 breakeven out of 21 selections with ftse long running in the 10th series of fun bets.
18:16pm, 04-10-11, highlighted my fun long 4964 on ftse.
17:12pm, 04-10-11, lost 58 quid, so that is 626 quid loss from 7 winners and 12 losers and 1 breakeven out of 20 selections with ftse long running in the 10th series of fun bets.
09:21am, 04-10-11, highlighted my fun short 4958 on ftse.
08:57am, 04-10-11, this must be my worst run ever, lost that long, so that is 568 quid loss from 7 winners and 11 losers and 1 breakeven out of 19 selections with ftse long running in the 10th series of fun bets.
06:43am, 04-10-11, highlighted my fun long on ftse 4998.
04:39am, 04-10-11, lost that long, so that is 468 quid loss from 7 winners and 10 losers and 1 breakeven out of 19 selections with ftse long running in the 10th series of fun bets.
20:01pm, 03-10-11, grabbed 22 quid and highlighted my fun long 5003 on ftse, so that is 368 quid loss from 7 winners and 9 losers and 1 breakeven out of 18 selections with ftse long running in the 10th series of fun bets.
18:08pm, 03-10-11, highlighted my fun short 5014 on ftse.
18:06pm, 03-10-11, lost that long, so that is 390 quid loss from 6 winners and 9 losers and 1 breakeven out of 16 selections in the 10th series of fun bets.
15:23pm, 03-10-11, highlighted my fun long 5068 on ftse.
15:14pm, 03-10-11, lost that short, got a bit stuck in the mindset, so that is 290 quid loss from 6 winners and 8 losers and 1 breakeven out of 15 selections in the 10th series of fun bets.
09:34am, 03-10-11, highligthed my fun short 5027 on ftse.
09:27an, 03-10-11, grabbed 72 quid, so that is 190 quid loss from 6 winners and 7 losers and 1 breakeven out of 14 selections in the 10th series of fun bets.
07:02am, 03-10-11, highlighted my risky fun long at 4982 on ftse.
21:52pm, 01-10-11, all seven reports done, time to chill out.
06:22am, 01-10-11, some weekly reflections:
"It is a week that made me really miserable, all for nothing, really.
Our 9th Series of fun bets ended on a Club record profit of £1166. And so far, since I started to measure the fun bets in monetary terms, this is the record:
3rd Series: -£290 loss (tried £50 stoploss and failed);
4th Series: £120 profit;
5th Series: £306 profit;
6th Series: £162 profit;
7th Series: -£276 loss;
8th Series: £328 profit;
9th Series: £1166 profit.
Overall, the series made a profit of £1516 for a duration of almost 13 months (started on 13th October 2010 and ended on 27th September 2011, £260 membership cost), so a net potential profit on the fun bet series of £1256. This is done at minimum stakes and a strict stoploss system of mostly £100 per fun bet. Well, I am pleased with the record to date and will take heart from the fact the 9th Series is starting to show a significant uplift. My aim is to produce fun bet series over £1000 profit each and every time.
Well, that was the highlight of the week and things started to wobble for the rest of the week for the 10th Series. It struggled to hold onto profit and ended Friday on a thump at a loss of £262 after 13 selections. I noted the 9th Series also started on a loss, so it gives me encouragement to tighten up entries and exits and will try to turn things around next week.
The main problem for me is an inner foresight that this consolidation period is going to end soon (any minute soon), hence my jitter in not be able to scalp in a consolidating yoyoing range (scalping is usually my strength) . However, it has not happened yet. I got stuck in that and never quite managed myself out of it. Sometimes, it hurts to have that foresight, like in a dark tunnel, everyone is savig up for candles and you know the end of the tunnel is coming to light soon. It is difficult to keep that expectation down. But trading is on what you see now, and one has to trade the range as long as it holds and respect breakouts, easily said than done.
This week, I have to award MS and MG for Moostars again, as MS made the most profits on consistently good calls and MG made significant contributions to the Club by sharing his analyses on the markets (mostly good too). Well done, chaps, you are on a roll here, twice onto the podium.
Let's have a look at the forecasts and outcomes:
FTSE 100: 4970-5200 (actual: 4948-5316);
Dow: 10700-11380 (actual: 10638-11375);
Euro/dollar: $1.3370-$1.3780 (actual: $1.3363-$1.3690);
Nymex: $77.60-$83.60 (actual: $77.14-$84.77);
Gold:$1580-$1706 (actual: $1533-$1678);
BP: 362-390 pence (actual: 380-411 pence);
Barclays: 137-176 pence (actual: 140-172 pence).
Well, the forecasts have been quite good, but it was a question of what to do after they have more or less done my forecast ranges. That is when trading mistakes were made, as I mistook this week for the breakout week, which never came. A fatal mistake indeed. But it is coming up.
Have a lovely weekend, folks."
21:08pm, 30-09-11, lost that one too, so that is 262 quid loss from 5 winners and 7 losers and 1 breakeven out of 13 selections in the 10th series of fun bets. What a miserable day today.
19:57pm, 30-09-11, highlighted my fun long on ftse 5080.
19:52pm, 30-09-11, turning out to be a miserable start for the 10th series, so that is 162 quid loss from 5 winners and 6 losers and 1 breakeven out of 12 selections in the 10th series of fun bets.
17:42pm, 30-09-11, highlighted my fun long on dow 11076.
16:48pm, 30-09-11, grabbed 28 quid, so that is 62 quid loss from 5 winners and 5 losers and 1 breakeven out of 11 selections in the 10th series of fun bets.
14:38pm, 30-09-11, lost that long, higlighted my fun long on ftse 5085, so that is 90 quid loss from 4 winners and 5 losers and 1 breakeven out of 11 selections with ftse long running in the 10th series of fun bets.
09:43am, 30-09-11, highlighted my fun long on dow 11098.
09:39am, 30-09-11, banked 14 quid, so that is 10 quid profit from 4 winners and 4 losers and 1 breakeven out of 9 selections in the 10th series of fun bets.
08:32am, 30-09-11, 30-09-11, chopped that long for 45 quid loss and highlighted my fun short on ftse 5143, so that is 4 quid loss from 3 winners and 4 losers and 1 breakeven out of 8 selections with ftse short running in the 10th series of fun bets.
06:42am, 30-09-11, highlighted my fun long 13555 on euro/dollar.
20:37pm, 29-09-11, grabbed 43 quid, so that is 41 quid profit from 3 winners and 3 losers and 1 breakeven out of 7 selections in the 10th series of fun bets.
19:31pm, 29-09-11, lost that fun long on ftse and highlighted another on dow 11032, so that is 2 quid loss from 2 winners and 3 losers and 1 breakeven out of 6 selections in the 10th series of fun bets.
12:13pm, 29-09-11, highlighted my fun long on ftse 5186.
09:16am, 29-09-11, grabbed 128 quid, it is a sweet night's dream, lol, so that is 98 quid profit from 2 winners and 2 loser and 1 breakeven out of 5 selections in the 10th series of fun bets.
20:52pm, 28-09-11, highlighted my fun long on dow 11028.
20:45pm, 28-09-11, lost that one, so that is 30 quid loss from 1 winner and 2 loser and 1 breakeven out of 4 selections in the 10th series of fun bets.
15:50pm, 28-09-11, highlighted my fun long 5209 on ftse.
15:19pm, 28-09-11, banked 96 quid, so that is 70 quid profit from 1 winner and1 loser and 1 breakeven out of 3 selections in the 10th series of fun bets.
08:56am, 28-09-11, highlighted my fun short on ftse 5271.
08:52am, 28-09-11, the long came out at breakeven, so now reassess, so that is 26 quid loss from 1 loser and 1 breakeven out of 2 selections in the 10th series of fun bets.
20:50pm, 27-09-11, the 11200 limit long order on dow kicked in before I went to bed, so I am on that fun long.
19:57pm, 27-09-11, set up a limit short order and a long limit order too overnight, and see if one of them catches any fish.
19:51pm, 27-09-11, chopped that short, not a happy Tuesday, so that is 26 quid loss from 1 loser out of 1 selection in the 10th series of fun bets.
17:31pm, 27-09-11, highlighted my fun short on dow 11324, this is the first bet in the 10th series of fun bets, a new start.
17:12pm, 27-09-11, lost that last short, so that is 1166 quid profit, from 59 winners and 35 loser and 6 breakevens from 100 selections out of the new series of 100 fun bets. While it has been a pleasure to end this series over 1000 pounds profit for the first time in the Club's history, it has been yet another badhair Tuesday for me, don't know what is so wrong with Tuesdays. Alas, you win some and you lose some and the hope is that you win much more, and that is what we have achieved for this series, which lasted just a little over a month.
13:32pm, 27-09-11, am considering to put the membership subscription back to £40 a month, as the fun bet series are now into a steady stream of good profits. The overall benefits of the club membership is seriously undervalued at £20 a month, given all the hard work I have been putting in. Obviously, for those who are on £20 a month, it will be always be £20 a month, as most current members have been with me through thick and thin.
09:03am, 27-09-11, highlighted my fun short 5192 on ftse, this is the 100th bet in this series, the final one.
08:59am, 27-09-11, grabbed 22 quid, so that is 1386 quid profit, from 59 winners and 34 loser and 6 breakevens from 99 selections out of the new series of 100 fun bets.
08:51am, 27-09-11, highlighted my fun long 5180 on ftse.
08:02am, 27-09-11, out of the short at breakeven, so that is 1364 quid profit, from 58 winners and 34 loser and 6 breakevens from 98 selections out of the new series of 100 fun bets.
06:35am, 27-09-11, highlighted my fun short 5189 on ftse.
21:11pm, 26-09-11, changed my mind about the short, so I am out for a tenner cost, so that is 1364 quid profit, from 58 winners and 34 loser and 5 breakevens from 97 selections out of the new series of 100 fun bets.
20:58pm, 26-09-11, highlighted my fun short on ftse 5160 for a scalp.
20:33pm, 26-09-11, grabbed 114 quid, so that is 1374 quid profit, from 58 winners and 33 loser and 5 breakevens from 96 selections out of the new series of 100 fun bets.
18:09pm, 26-09-11, highlighted my fun long on ftse 5076.
17:18pm, 26-09-11, grabbed 64 quid, so that is 1260 quid profit, from 57 winners and 33 loser and 5 breakevens from 95 selections out of the new series of 100 fun bets.
15:05pm, 26-09-11, highlighted my fun long on ftse 5063.
12:49pm, 26-09-11, bagged a massive 4 quid, as the entry was so poor, so that is 1196 quid profit, from 56 winners and 33 loser and 5 breakevens from 94 selections out of the new series of 100 fun bets.
11:40am, 26-09-11, highlighted my fun short on ftse 5117.
10:10am, 26-09-11, grabbed the money, so that is 1192 quid profit, from 55 winners and 33 loser and 5 breakevens from 93 selections out of the new series of 100 fun bets.
08:56am, 26-09-11, locked in for a ride.
07:36am, 26-09-11, highlighted my fun long on nymex 7770.
20:56pm, 25-09-11, ready, steady, trade, folks, a blackswan week, so be patient with Monday, which should determine the whole week, and this is a week that is going to define the next 5-10 weeks. So keep eyes open and do not rush into a trade. Good night.
21:38pm, 23-09-11, some weekly reflections:
"This has been one very curious week indeed. I traded all the way up so well up to the Fed night, and then things went pearshaped for a night and a bit, and then made some recoveries, only to fall for a trap on Dow again today, mistaking the end of Wave 3 down for the end, and hence suffered some full whacks and some later recoveries again today.
Having gone through all that up and down and made so many mistakes, we ended the week on a historical high of £1002 in profit from 92 selections. The Club history was made yesterday when the fun bets series hit £1130. Well, hopefully, we will be seeing more of these over 1k profit series in the future.
This week saw some good trades fed back to me from members. The one who stood out high and above is MS--if I had woken up to his calls, we would probably be on 2000 pounds profit by now. Alas, I was carried away with my recent good run. Sorry about that, buddy. MG is chipping in some good trades nicely too. His depiction of an alternative bearish count was actually a good one for Wave 5 down. Well, I did not really take that fully on board either. You must say I am a very stubborn person sometimes. And MG is experimenting with calls and puts as well, which is interesting. For the reasons above, I am going to award both MS and MG as Moostars of the Week, congratulations, chaps, you shine like stars this week. Mooooooooooooooooooooo.
Let's have a look at the forecasts and outcomes:
Gold: $1828-$1650 (actual: $1827-$1629);
FTSE100: 5200-5530 (actual: 5378-4925);
Dow: 11100-11800 (actual: 11551-10546);
Euro/dollar: $1.3666-$1.4150 (actual: $1.3798-$1.3385);
Nymex: $91.10-$85.20 (actual: $87.99-$77.56);
BP: 357-414 pence (actual: 374-416 pence);
Barclays Bank: 142-182 pence (actual: 134-158 pence).
Well, up till the Fed announcements, the forecasts were looking good, then bang! It all went pearshaped and I was caught pants down on the night, due to the sharp contrast in my optimistic expectations for a QE3. Luckily, recovered in quick time in trading, otherwise, this could be a disastrous week.
There is never a boring day in the moorivers.
Have a nice weekend."
18:51pm, 23-09-11, grabbed 66 quid, so that is 1002 quid profit, from 54 winners and 33 loser and 5 breakevens from 92 selections out of the new series of 100 fun bets.
18:04pm, 23-09-11, highlighted my fun long on dow near 10720.
16:29pm, 23-09-11, grabbed 84 quid, so that is 936 quid profit, from 53 winners and 33 loser and 5 breakevens from 91 selections out of the new series of 100 fun bets.
15:17pm, 23-09-11, highlighted my fun long on dow 10666.
14:36pm, 23-09-11, grabbed 112 quid, so that is 852 quid profit, from 52 winners and 33 loser and 5 breakevens from 90 selections out of the new series of 100 fun bets.
13:19pm, 23-09-11, highlighted my fun long 4956 on ftse.
13:13pm, 23-09-11, got a tenner, so that is 740 quid profit, from 51 winners and 33 loser and 5 breakevens from 89 selections out of the new series of 100 fun bets.
12:25pm, 23-09-11, highlighted my fun short 4951 on ftse.
12:01pm, 23-09-11, lost that long, so that is 730 quid profit, from 50 winners and 33 loser and 5 breakevens from 88 selections out of the new series of 100 fun bets.
07:01am, 23-09-11, highlighted my fun long 5065 on ftse.
05:46am, 23-09-11, lost that one, so that is 930 quid profit, from 50 winners and 32 loser and 5 breakevens from 87 selections out of the new series of 100 fun bets.
20:49pm,22-09-11, highlighted my fun short on ftse near 5035.
20:24pm, 22-09-11, that wasn't a good move, lost that one, so that is 1030 quid profit, from 50 winners and 31 loser and 5 breakevens from 86 selections out of the new series of 100 fun bets.
19:47pm, 22-09-11, highlighted my fun long at 10700 on dow.
19:35pm, 22-09-11, grabbed 30 quid, so that is 1130 quid profit, from 50 winners and 30 loser and 5 breakevens from 85 selections out of the new series of 100 fun bets.
17:49pm, 22-09-11, highlighted my fun short 5046 on ftse.
15:47pm, 22-09-11, grabbed 42 quid, so that is 1100 quid profit, from 49 winners and 30 loser and 5 breakevens from 84 selections out of the new series of 100 fun bets.
12:45pm, 22-09-11, highlighted my fun long on ftse 5048.
10:33am, 22-09-11, banked 176 quid, so that is 1058 quid profit, from 48 winners and 30 loser and 5 breakevens from 83 selections out of the new series of 100 fun bets.
07:02am, 22-09-11, highlighted my fun short 5157 on ftse.
20:36pm, 21-09-11, lost 32 quid, that is it for today, better sleep over it, so that is 882 quid profit, from 47 winners and 30 loser and 5 breakevens from 82 selections out of the new series of 100 fun bets.
20:27pm, 21-09-11, highlighted my fun long on ftse 5254.
20:09pm, 21-09-11, lost 8 quid, that is that, had enough of a badhair day today, so that is 914 quid profit, from 47 winners and 29 loser and 5 breakevens from 81 selections out of the new series of 100 fun bets.
19:51pm, 21-09-11, highlighted my fun long on ftse 5265.
18:10pm, 21-09-11, grabbed 8 quid, chickening out, so that is 922 quid profit, from 47 winners and 28 loser and 5 breakevens from 80 selections out of the new series of 100 fun bets.
16:34pm, 21-09-11, highlighted my fun long 5280 on ftse.
15:50pm, 21-09-11, lost 116 quid on that long, so that is 914 quid profit, from 46 winners and 28 loser and 5 breakevens from 79 selections out of the new series of 100 fun bets.
20:33pm, 20-09-11, highlighted my fun long 5338 on ftse.
20:09pm, 20-09-11, grabbed 28 quid, so that is 1030 quid profit, from 46 winners and 27 loser and 5 breakevens from 78 selections out of the new series of 100 fun bets.
19:41pm, 20-09-11, highlighted my fun short 5353 on ftse.
16:45pm, 20-09-11, grabbed 18 quid, so that is 1002 quid profit, from 45 winners and 27 loser and 5 breakevens from 77 selections out of the new series of 100 fun bets.
16:08pm, 20-09-11, highlighted my fun short on ftse 5371.
10:18am, 20-09-11, grabbed 92 quid, so that is 984 quid profit, from 44 winners and 27 loser and 5 breakevens from 76 selections out of the new series of 100 fun bets.
08:21am, 20-09-11, highlighted my fun long 5252 on ftse.
20:40pm, 19-09-11, grabbed 68 quid, happy with that one, so that is 892 quid profit, from 43 winners and 27 loser and 5 breakevens from 75 selections out of the new series of 100 fun bets.
19:23pm, 19-09-11, highlighted my fun long at 5268 on ftse.
16:27pm, 19-09-11, grabbed 24 quid, the entry was poor, so that is 824 quid profit, from 42 winners and 27 loser and 5 breakevens from 74 selections out of the new series of 100 fun bets.
14:35pm, 19-09-11, highlighted my fun long 5256, 50 stop loss.
13:14pm, 19-09-11, went out for a bit and missed a scalp, but out of the long now for 4 quid, so that is 800 quid profit, from 41 winners and 27 loser and 5 breakevens from 73 selections out of the new series of 100 fun bets.
10:39am, 19-09-11, highlighted my fun long on ftse 5263.
10:03am, 19-09-11, grabbed 98 quid, so that is 796 quid profit, from 40 winners and 27 loser and 5 breakevens from 72 selections out of the new series of 100 fun bets.
08:17am, 19-08-11, highlighted my fun short 5303 on ftse.
08:09am,19-09-11, grabbed 64 quid, so that 698 quid profit, from 39 winners and 27 loser and 5 breakevens from 71 selections out of the new series of 100 fun bets.
07:58am, 19-09-11, highlighted my fun long 5279.
06:35am, 19-09-11, gapped down overnight as expected, set up a limit short order on ftse and see if it catches the spike at the open.
21:58pm, 16-09-11, some weekly reflections:
"
Well, it has been one frustrating end to the week today, had a flying start and then got stuck in a wrong mindset all day long, missing out on some 200 quid potential profits, if I'd gone for scalping rather than trending.
However, overall, the fun bet series has grown to 634 quid from 70 selections. Could really have pushed it a bit closer to a thousand today!
I think when the market started to climb into unchartered territories, the mind started to waver a bit about buying. Well, in this futures market, there is nothing too low to be shorted and nothing too high to be longed.
I am expecting a more difficult week in the coming week, but we will try to do our best there.
Suddenly, it has been a very quiet week this week. We will give the moostar award a miss this week.
Let's have a look at the forecasts and outcomes:
FTSE 100: 5310-4940 (actual: 5407-5058);
Dow: 11250-10680 (actual: 11533-10776);
Euro/dollar: $1.3860-$1.3390 (actual: $1.3937-$1.3498);
Gold: $1794-$1942 (actual: $1763-$1861);
Nymex: $89.90-$85.12 (actual: $90.52-$85.01);
BP: 348-388 pence (actual: 367-418 pence);
Barclays: 155-100 pence (actual: 169-136 pence).
Have a lovely weekend, folks."
19:32pm, 16-09-11, lost 16 quid, didn't get the dynamics of hope correctly, so that is that, that is 634 quid profit, from 38 winners and 27 loser and 5 breakevens from 70 selections out of the new series of 100 fun bets.
10:23am, 16-09-11, highlighted my fun short on ftse 5371.
09:39am, 16-09-11, grabbed 80 quid for the morning session, so that is 650 quid profit, from 38 winners and 26 loser and 5 breakevens from 69 selections out of the new series of 100 fun bets.
07:13am, 16-09-11, highlighted my fun short on ftse 100 5393.
21:35pm, 15-09-11, grabbed 54 quid, so that is 570 quid profit, from 37 winners and 26 loser and 5 breakevens from 68 selections out of the new series of 100 fun bets.
20:23pm, 15-09-11, locked overnight, see if there is a ride for this one and also set up a limit order on ftse.
18:27pm, 15-09-11, highlighted my fun long 5362 on ftse.
16:05pm, 15-09-11, grabbed 22 quid, not going very far here, so that is 516 quid profit, from 36 winners and 26 loser and 5 breakevens from 67 selections out of the new series of 100 fun bets.
14:25pm, 15-09-11, highlighted my fun short on ftse 5351.
14:04pm, 15-09-11, lost 12 quid, so that is 494 quid profit, from 35 winners and 26 loser and 5 breakevens from 66 selections out of the new series of 100 fun bets.
13:04pm, 15-09-11, highlighted my fun short 5323 on ftse.
12:01pm, 15-09-11, limit fun short order placed on ftse.
11:49am, 15-09-11, chopped that one and have a second thought, so that is 506 quid profit, from 35 winners and 25 loser and 5 breakevens from 65 selections out of the new series of 100 fun bets.
07:32am, 15-09-11, highlighted my fun short 5294 on ftse.
21:37pm, 14-09-11, nipped 34 quid, ready for bed, so that is 558 quid profit, from 35 winners and 24 loser and 5 breakevens from 64 selections out of the new series of 100 fun bets.
20:43pm, 14-09-11, highlighted my fun short 5314 on ftse, target 5280.
16:05pm, 14-09-11, got it wrong, got so keen, chopped for six quid loss, so that is 524 quid profit, from 34 winners and 24 loser and 5 breakevens from 63 selections out of the new series of 100 fun bets.
15:13pm, 14-09-11, highlighted my fun long on ftse 5232.
11:59am, 14-09-11, grabbed 250 quid, so that is 530 quid profit, from 34 winners and 23 loser and 5 breakevens from 62 selections out of the new series of 100 fun bets.
06:55am, 14-09-11, highlighted my fun long on ftse 5128.
19:31pm, 13-09-11, lost 40 quid, so that is 280 quid profit, from 33 winners and 23 loser and 5 breakevens from 61 selections out of the new series of 100 fun bets.
19:14pm, 13-09-11, highlighted my fun short on ftse 5210.
19:14pm, 13-09-11, lost that one, so that is 320 quid profit, from 33 winners and 22 loser and 5 breakevens from 60 selections out of the new series of 100 fun bets.
15:58pm, 13-09-11, highlighted my fun short 5170 on ftse.
13:53pm, 13-09-11, grabbed 120 quid, so that is 420 quid profit, from 33 winners and 21 loser and 5 breakevens from 59 selections out of the new series of 100 fun bets. Not building up a run so far.
09:03am, 13-09-11, highlighted my fun long from 5112 on ftse.
08:59am, 13-09-11, lost 120 quid, annoyed, so that is 300 quid profit, from 32 winners and 21 loser and 5 breakevens from 58 selections out of the new series of 100 fun bets.
08:12am, 13-09-11, highlighted my fun long on ftse 5155.
18:01pm, 12-09-11, grabbed 40 quid, not going very fast here, so that is 420 quid profit, from 32 winners and 20 loser and 5 breakevens from 57 selections out of the new series of 100 fun bets.
16:50pm, 12-09-11, highlighted my fun short on dow 10927.
15:32pm, 12-09-11, lost 22 quid, not getting the timing right, so that is 380 quid profit, from 31 winners and 20 loser and 5 breakevens from 56 selections out of the new series of 100 fun bets.
14:49pm, 12-09-11, highlighted my fun short 10899 on dow.
12:50pm, 12-09-11, come out with 2 quid profit, so that is 402 quid profit, from 31 winners and 19 loser and 5 breakevens from 55 selections out of the new series of 100 fun bets.
12:16pm, 12-09-11, highlighted my fun long on dow 10832.
10:53am, 12-09-11, grabbed 34 quid, so that is 400 quid profit, from 30 winners and 19 loser and 5 breakevens from 54 selections out of the new series of 100 fun bets.
10:01am, 12-09-11, annoyed with that, chopped on the dot with tightened stop loss and missed a scalp north, now highlighted my fun short 5140 on ftse.
09:10am, 12-09-11, lost 60 quid, so that is 366 quid profit, from 29 winners and 19 loser and 5 breakevens from 53 selections out of the new series of 100 fun bets.
08:43am, 12-09-11, highlighted my fun long on ftse 5100.
13:21pm, 10-09-11, some of these penny shares have been creeping upwards lately:
Sareum Holdings: this one has made a perfect Wave 2 down to 23.6% near 1.1p, and it has shaped up a prolonged a bullflag on the daily chart within the boundaries of a useful bullishly angled Gann's fan. Need to break 1.8p on a daily close to confirm the bullflag which gives it a target near 3.4p, though a fib target for Wave 3 is near 7.7p minimum;
Red Emperor Resouces: it is full of Rgaps and it has made a perfect 23.6% pullback, as Wave 2; and it is almost touching the last Gfan line. but mind you, the annoying Gann's fan moves with the market movements, lol, until it runs out of options; so if it holds above 28p, then its fib target is 45.2p minimum; so if you like the fundamentals, then 27p stoploss from here, or wait for it to rise through the next fanline near 30p, from there, it becomes more bullishly oriented, without 30p, it might still be stuck in the rot!
etc etc.
21:52pm, 09-09-11, some weekly reflections:
"
It has been one strange week. We had two perfect days, Monday and Friday and three not so perfect days. It could have been a lot better, but my missing the action on Tuesday has its costs. Amazingly, the human heart of mine just can not deal with being late for the train north. While I knew it was headed north, after Tuesday, I just couldn't bother to catch it half-way. Instead, I resorted to the common practice to pissing against the wind and got a very wet message from the markets--lesson learnt again, folks, never piss agains the wind, whatever you do, get that direction of the wind right.
Still, a high beginning often means trouble, don't you think? We started Monday really on a high, a solid trade there, which took us to over 300 quid in profit. And hopes were really high in my heart, but alas, it was not to be.
In the end, having had a solid Friday, the fun bet series is now standingn at 426 quid in profit from 52 selections. Yes, I know we have been higher in the previous series, it is where it ends that matters, so is life, the beginning hardly matters, doesn't it? Yes, I know I have been watching a few comedy clips after a glass of sobering red wine.
Let's all toast this week's Moostar trader Lady S., yet again who has suddenly turned into a megatrader, slipping in and out of luk2/suk2 and lbul/sbul like a fish in the water, very swiftly with great timing. And she has bagged various sums of profits from share trading as well, yes, indeed, making money from buying and selling shares in this market!! That really takes the cheese off my cheesecake. Who should be calling the shots here! lol. So very well done, Lady S., that holiday abroad has really worked out a treat, maybe I should go for one as well. Mind you, a good number of members have bagged some tidy sums this week. So I guess on the whole, it has been a happy week for the Club.
Let's have a look at my weekly forecasts and outcomes and have a chuckle about them, well, who says men can predict the future, think again:
FTSE 100: 5270-4970 (actual: 5375-5047);
Dow: 11330-10820 (actual: 11480-10931);
Gold: $2050-$1879 (actual: $1921-$1793);
Euro/dollar: $1.4350-$1.3680 (actual: $1.4284-$1.3651, not bad here!);
Nymex: $87.30-$81.50 (actual: $90.44-$83.21);
Barclays: 150-178 pence (actual: 144-167 pence);
BP: 384-337 (actual: 391-362 pence).
Well, could have been better really.
Have a nice weekend, folks."
18:23pm, 09-09-11, grabbed 50 quid, that is it for the week, I think, so that is 426 quid profit, from 29 winners and 18 loser and 5 breakevens from 52 selections out of the new series of 100 fun bets.
17:40pm, 09-09-11, one of the happy feedbacks from members:
"Well done mate great trade today .I'm looking for a bounce from 5150 and also good shout on Barc last week I was in from 2.25 and 1.52 ave 1.77 got out last week 1.82 would love to load up next week from £1 ."
17:39pm, 09-09-11, highlighted my fun long on eur/dollar 1.3635.
17:07pm, 09-09-11, grabbed 304 quid, that is for the week, so that is 376 quid profit, from 28 winners and 18 loser and 5 breakevens from 51 selections out of the new series of 100 fun bets. Earlier diary, forgot to amend the words in red to in profit as that 98 quid profit turned us into profit earlier on. Anyway, that is that. Have a nice weekend, folks.
12:41pm, 09-09-11, locked for a ride.
08:10am, 09-09-11, highlighted my fun short on ftse 5347.
08:07am, 09-09-11, lost 2 quid, so that is 72 quid in profit, from 27 winners and 18 loser and 5 breakevens from 50 selections out of the new series of 100 fun bets.
07:06am, 09-09-11, highlighted my fun long on euro/dollar 13912.
19:57pm, 08-09-11, grabbed 98 quid, was expecting more, so missed a scalp for 140 quid, not happy with that, so that is 74 quid in profit, from 27 winners and 17 loser and 5 breakevens from 49 selections out of the new series of 100 fun bets.
12:04pm, 08-09-11, highlighted my fun short on ftse 5347.
10:45am, 08-09-11, chopped that short for 8 quid, so out for a walkabout, set a limit order waiting for a BOE spike, so that is 24 quid in red, from 26 winners and 17 loser and 5 breakevens from 48 selections out of the new series of 100 fun bets.
09:46am, 08-09-11, highlighted my fun short on ftse 5358.
09:40am, 08-09-11, lost that one, so that is 16 quid in red, from 26 winners and 16 loser and 5 breakevens from 47 selections out of the new series of 100 fun bets.
08:56am, 08-09-11, highlighted my fun short ong ftse 5306.
07:50am, 08-09-11, grabbed 58 quid, so that is 84 quid in profit, from 26winners and 15 loser and 5 breakevens from 46 selections out of the new series of 100 fun bets.
20:09pm, 07-09-11, highlighted my fun short on ftse 5354, for a scalp.
20:04pm, 07-09-11, fighting the wrong enemy here, lost that one too, so that is 26 quid in profit, from 25 winners and 15 loser and 5 breakevens from 45 selections out of the new series of 100 fun bets.
15:13pm, 07-09-11, highlighted my fun short on ftse 5300.
15:11pm, 07-09-11, lost that one, so that is 146 quid in profit, from 25 winners and 14 loser and 5 breakevens from 44 selections out of the new series of 100 fun bets.
12:36pm, 07-09-11, highlighted my fun short 5250 again on ftse.
10:50am, 07-09-11, nipped 4 quid, so that is 266 quid in profit, from 25 winners and 13 loser and 5 breakevens from 43 selections out of the new series of 100 fun bets.
08:50am, 07-09-11, highlighted my fun short on ftse 5250.
08:13am, 07-09-11, out of gold short for a fiver, so that is 262 quid in profit, from 24 winners and 13 loser and 5 breakevens from 42 selections out of the new series of 100 fun bets.
06:34am, 07-09-11, highlighted my fun short on gold 1844.
06:28am, 07-09-11, limit short order cancelled.
21:43pm, 06-09-11, set up a fun limit short order on ftse, waiting to see whether it catches it overnight.
20:10pm, 06-09-11, not good, chopped that one, so that is 257 quid in profit, from 23 winners and 13 loser and 5 breakevens from 41 selections out of the new series of 100 fun bets.
16:38pm, 06-09-11, highlighted my fun short on ftse 5155, the dividend is gone anyways and have been out all day, so missed a few scalps.
16:43pm, 05-09-11, finally grabbed 240 quid, so that is 301 quid in profit, from 23 winners and 12 loser and 5 breakevens from 40 selections out of the new series of 100 fun bets.
09:13am, 05-09-11, highlighted my fun short on ftse 5212.
09:01am, 05-09-11, grabbed 14 quid, entry was a bit too keen, so that is 61 quid in profit, from 22 winners and 12 loser and 5 breakevens from 39 selections out of the new series of 100 fun bets.
07:06am, 05-09-11, highlighted my fun long on ftse 5213.
23:09pm, 04-09-11, ready, steady, trade, bears!
21:48pm, 02-09-11, some weekly reflections (confessions, lol):
"This really feels like a bad-hair week. While the weekly studies did reasonably well, the bank holidays gaps made it extremely hard to trade in the right direction and I think I lost that physchological warfare to buy at higher and higher prices. It kinda felt weird as the reluctance to trade the rising trend was tremendous. Overall, a very poor week with the fun bets barely in profit now by 47 quid.
However, we had a good run with LUK2 and SUK2 with quite a few members reporting good profits from these two instruments, which is a relief.
For this week, I am awarding our Lady S as Moostar of the week, as she cashed in her Barclays shares at the very top of 181 pence. That probably has made here the best trader of the week both inside and outside the Club. And then she nipped a few quid on suk2 as well on the way down. And mind you, she is only managing these trades while holidaying abroad, how cool that is! Well done, Lady S., you have proven to be a good trader, as well as one luckiest lady in the world! I am glad to have you here in the Club.
Let's have a look at the forecasts and outcomes:
FTSE 100: 5100-5380 (actual: 5154-5450);
Dow: 11130-11660 (actual: 11212-11716);
Gold: $1835-$1745 (actual: $1885-$1776);
Nymex: $89-$84 (actual: $89.90-$85.12);
Euro/dollar: $1.4660-$1.4410 (actual: $1.4549-$1.4185);
Barclays: 155-200 pence (actual: 162-182 pence);
BP: 383-412 pence (actual: 368-405 pence).
Well, I know, this is a good bunch of weekly forecasts, yet again, the moorivertrader is lagging badly behind.
Have a nice weekend, folks. This weekend's study will involve a lot more work with the new month, so it might take some time for me to work out the ranges tomorrow, probably over to Sunday."
20:48pm, 02-09-11, what an aweful week, everything went wrong in trading here, so lost 28 quid on that long, that is 47 quid in profit, from 21 winners and 12 loser and 5 breakevens from 38 selections out of the new series of 100 fun bets. Everything that could have gone wrong with trading has gone wrong, alas! Have a nice weekend, folks.
17:05pm, 02-09-11, some members had a good week:
"
That's me all in cash again. Nice ride on the suk2 there so that's both luk2 and suk2 paid out this week :)
May give it a miss on Monday ....
Have a good weekend
A. "
14:35pm, 02-09-11, highlighted my fun long on ftse 5275.
13:34pm, 02-09-11, taken off the limit long order, wish I'd go for that short order.
12:31pm, 02-09-11, set up a limit fun long on ftse near 5260 to catch the dive upon non-farm payroll, if any. The alternative catching order is 5370 short, but I am sided with this long for now. The non-farm payroll tends to spike and then dive and then reverse a few times; or dive and then spike and then reverse a few times. It is never a boring day, for sure.
11:05am, 02-09-11, set up a limit order on ftse for the non-farm payroll. That is it!
10:58am, 02-09-11, got the sequence of events wrong, chopped the long and that is 75 quid in profit, from 21 winners and 11 loser and 5 breakevens from 37 selections out of the new series of 100 fun bets.
06:53am, 02-09-11, highlighted my fun long on ftse 5342.
05:52am, 02-09-11, this is the morning update on ftse:
"an interesting nonfarm payroll day coming up
1. gap at 5418, pivot 5382
2. morning: buy for 5420ish;
3.afternoon, short near 5420ish for 5280ish
4. evening, buy near 5280ish for 5350 or hold for 5500ish next week
I have gone long with a bigger stop loss targeting 5380 and hopefully, when you wake up, there is still a good price to go long for 5420ish, the spike upon 1:30 US jobs data
good luck all
PS will get out of suk2 in the afternoon, upon weakness"
18:43pm, 01-09-11, came out at breakeven, that is a relief, not had a good day, so that is 119 quid in profit, from 21 winners and 10 loser and 5 breakevens from 36 selections out of the new series of 100 fun bets.
17:00pm, 01-09-11, highlighted my fun short 8923.
16:01pm, 01-09-11, grabbed 88 quid, so that is 119 quid in profit, from 21 winners and 10 loser and 4 breakevens from 35 selections out of the new series of 100 fun bets.
15:10pm, 01-09-11, highlighted my fun short 5444 on ftse.
15:04pm, 01-09-11, lost that one to the spike, so that is 31 quid in profit, from 20 winners and 10 loser and 4 breakevens from 34 selections out of the new series of 100 fun bets.
12:42pm, 01-09-11, highlighted my fun short on ftse 5378.
09:29am, 01-09-11, grabbed 36 quid, so that is 131 quid in profit, from 20 winners and 9 loser and 4 breakevens from 33 selections out of the new series of 100 fun bets.
08:10am, 01-09-11, grabbed 38 quid on the ftse short, as I have better hope for the oil short, so that is 95 quid in profit, from 19 winners and 9 loser and 4 breakevens from 33 selections out of the new series of 100 fun bets with the oil short running.
07:48am, 1-09-11, highlighted my second running fun short on ftse 5400.
19:59pm, 31-08-11, highlighted my fun short on nymex 8900.
19:19pm, 31-08-11, grabbed 50 quid, so that is 57 quid in profit, from 18 winners and 9 loser and 4 breakevens from 31 selections out of the new series of 100 fun bets.
15:23pm, 31-08-11, highlighted my fun short on ftse 5408.
15:21pm, 31-08-11, lost that one too, having found harder to buy with the trend, so that is 7 quid in profit, from 17 winners and 9 loser and 4 breakevens from 30 selections out of the new series of 100 fun bets.
14:16pm, 31-08-11, highlighted my fun short 5342 on ftse.
12:22pm, 31-08-11, another breakeven, so that is 147 quid in profit, from 17 winners and 8 loser and 4 breakevens from 29 selections out of the new series of 100 fun bets.
11:45am, 31-08-11, highlighted my fun short on ftse 5318.
11:31am, 31-08-11, grabbed 78 quid, so that is 147 quid in profit, from 17 winners and 8 loser and 3 breakevens from 28 selections out of the new series of 100 fun bets.
09:37am, 31-08-11, highlighted my fun short 8868 on nymex.
09:34am, 31-08-11, lost that one, so that is 69 quid in profit, from 16 winners and 8 loser and 3 breakevens from 27 selections out of the new series of 100 fun bets.
06:49am, 31-08-11, highlighted my fun short on ftse 5264.
21:08pm, 30-08-11, another breakeven, so that is 189 quid in profit, from 16 winners and 7 loser and 3 breakevens from 26 selections out of the new series of 100 fun bets. It seems that I have seriously underestimated the difficulty in trading this week because of the bank holiday Monday gap! good night.
18:40pm, 30-08-11, highlighted my fun short 8872 on nymex.
16:13pm, 30-08-11, another breakeven, so that is 189 quid in profit, from 16 winners and 7 loser and 2 breakevens from 25 selections out of the new series of 100 fun bets.
08:30am, 30-08-11, highlighted my fun long on ftse 5256.
07:35am, 30-08-11, came out at breakeven, as the entry was poor, out of a bit of impatience, I think, so that is 189 quid in profit, from 16 winners and 7 loser and 1 breakeven from 24 selections out of the new series of 100 fun bets.
21:25pm, 29-08-11, highlighted my fun short 5250 on ftse just now, limit set too.
16:13pm, 29-08-11, grabbed 8 quid, so that is 189 quid in profit, from 16 winners and 7 loser from 23 selections out of the new series of 100 fun bets.
15:09pm, 29-08-11, highlighted my fun short on ftse 5222.
16:11pm, 28-08-11, taken off the reports now, ready, steady, trade. Good luck, folks.
15:17pm, 27-08-11, done all the seven reports now, looks straight forward to me, it is a matter of trading, yes, trading is the key as always, seeing is not everything, trading to profits is! happy holidays, folks.
21:39pm, 26-08-11, some weekly reflections:
"
This week could really have been a lot better. Alas, it wasn't to be. Opened a good number of fun bets at the very best prices, but never held them to a full ride. There has been a mixture of bargain trades and hard trades, the latter still shows an inability to stay aloof from the markets when the bargains are no longer there any more.
The new fun bet series went under by over 200 quid at one time and ended the week on 181 quid in profit, after 22 selections. It does go thick and fast these days. I think the effects of them two stormy weeks are still here. Really need to slow down and pick the least risky and most profitable trades amongst the millions of opportunities out there. And will try harder to ride the freeriders to full fruitation.
For this week, I have a straight forward choice for the Moostar Award, that goes to our Mooartist MF, whose timely shout saved me a full whack on a ftse fun long. Well done, buddy, keep them coming!
Let's take a look at the forecasts and outcomes:
FTSE 100: 5270-4890 (actual: 5253-4961);
Dow: 11400-10700 (10550 Reserve)(actual: 11402-10752);
Gold: $1880-$1698 (actual: $1912-$1703);
Euro/dollar: $1.4480-$1.4150(actual: $1.4502-$1.4328);
Nymex: $84.50-$78.80 ($75.70 Reserve) (actual: $86.59-$81.18);
BP: 381-420 pence (actual: 375-404 pence);
Barclays: 188-135 pence (actual: 164-142 pence).
I think I am reasonably satisfied with the job done by the Mooriverwatcher, it is the Moorivertrader who has again got some catchup to do.
Have a lovely weekend, folks."
17:21pm, 26-08-11, nicked 28 quid, so that is 181 quid in profit, from 15 winners and 7 loser from 22 selections out of the new series of 100 fun bets.
17:12pm, 26-08-11, highlighted my fun short on dow 11320.
15:27pm, 26-08-11, banked 150 quid, so a good end, so that is 153 quid in profit, from 14 winners and 7 loser from 21 selections out of the new series of 100 fun bets.
15:08pm, 26-08-11, highlighted my fun long on dow 10950.
11:40am, 26-08-11, banked a massive 6 quid profit, not going anywhere this week, so that is 3 quid in profit, from 13 winners and 7 loser from 20 selections out of the new series of 100 fun bets. Not going great in trading at the mo.
10:53am, 26-08-11, highlighted my fun short on ftse 5110.
10:32am, 26-08-11, chopped that short, so that is 3 quid in red, from 12 winners and 7 loser from 19 selections out of the new series of 100 fun bets. Not going great in trading at the mo.
09:44am, 26-08-11, highlighted my fun short on ftse near 5103.
09:34am, 26-08-11, got stopped out for a quid, not having much luck with trading, so that is 11 quid in profit, from 12 winners and 6 loser from 18 selections out of the new series of 100 fun bets. Not going great in trading at the mo.
08:36am, 26-08-11, locked in for a little ride.
07:56am, 26-08-11, highlighted my fun short on dow near 11186 (this update is a bit delayed, too much to study this morning).
19:49pm, 25-08-11, taken 12 quid, so that is 10 quid in profit, from 11 winners and 6 loser from 17 selections out of the new series of 100 fun bets. Not going great in trading at the mo.
18:29pm, 25-08-11, highlighted my fun long on ftse 5123.
17:09pm, 25-08-11, chopped that long, so that is 2 quid in red, from 10 winners and 6 loser from 16 selections out of the new series of 100 fun bets. Not going great in trading at the mo.
15:24pm, 25-08-11, highlighted my fun long 11228 on dow.
14:52pm, 25-08-11, grabbed 40 quid, so that is 37 quid in profit, from 10winners and 5 loser from 15 selections out of the new series of 100 fun bets. Not going great in trading at the mo.
14:24pm, 25-08-11, highlighted my fun short 11364 on dow.
14:16pm, 25-08-11, lost that one, so that is 3 quid in red, from 9 winners and 5 loser from 14 selections out of the new series of 100 fun bets.
13:32pm, 25-08-11, highlighted my fun short on nymex 8567.
13:07pm, 25-08-11, nabbed 16 quid, not in a rampant mood today, so that is 47 quid in profit, from 9 winners and 4 loser from 13 selections out of the new series of 100 fun bets.
11:07am, 25-08-11, highlighted my fun long on ftse 5198.
10:25pm, 25-08-11, banked a fiver, not the most clever thing not to have grabbed the earlier 40-50 quid profit, so that is 31 quid in profit, from 8 winners and 4 loser from 12 selections out of the new series of 100 fun bets.
20:41pm, 24-08-11, highlighted my fun short 11309 on dow.
15:30pm, 24-08-11, placed a limit fun order on ftse and now chilling out and let the moorivers flow by.
12:21pm, 24-08-11, grabbed 66 quid, so that is 26 quid in profit, from 7 winners and 4 loser from 11 selections out of the new series of 100 fun bets.
08:19am, 24-08-11, highlighted my fun long 5105 on ftse.
07:49am, 24-08-11, banked 100 quid, 5150 is proving a bit sticky, so that is
40 quid in red, from 6 winners and 4 loser from 10 selections out of the new series of 100 fun bets.
06:45am, 24-08-11, locked in for a ride.
21:07pm, 23-08-11, highlighted my fun short on ftse 5202.
21:03pm, 23-08-11, lost that one, that was one big mistake, so that is 140 quid in red, from 5 winners and 4 loser from 9 selections out of the new series of 100 fun bets.
19:32pm, 23-08-11, highlighted my fun short on ftse 5162.
18:27pm, 23-08-11, grabbed 26 quid, time for dinner, so that is 40 quid in red, from 5 winners and 3 loser from 8 selections out of the new series of 100 fun bets.
17:59pm, 23-08-11, highlighted my fun short on dow 11087.
16:57pm, 23-08-11, banked near 11055, so that is 66 quid in red, from 4 winners and 3 loser from 7 selections out of the new series of 100 fun bets.
14:43pm, 23-08-11, highlighted my fun long on dow 10888.
14:42pm, 23-08-11, it was a straight forward back to pivot job, so it has cost dearly, now that is 233 quid in red, from 3 winners and 3 loser from 6selections out of the new series of 100 fun bets.
14:32pm, 23-08-11, on extra extended lifeline here, hanging on.
10:23am, 23-08-11, highlighted my fun long 5161 on ftse.
09:32am, 23-08-11, grabbed 26 quid, only a scalp, a teaser, if you like, so that is 71 quid in red, from 3 winners and 2 loser from 5 selections out of the new series of 100 fun bets.
09:09am, 23-08-11, highlighted my fun short on ftse 5188.
08:40am, 23-08-11, grabbed 142 quid, so that is 97 quid in red, from 2 winners and 2 loser from 4 selections out of the new series of 100 fun bets.
07:37am, 23-08-11, locked for the ride, see how far it can go. It is Tuesday, a traditionally bulls day.
16:26pm, 22-08-11, highlighted my fun long 10882 on dow.
16:21pm, 22-08-11, it gets worse, lost another one, so that is 239 quid in red, from 1 winner and 2 loser from 3 selections out of the new series of 100 fun bets.
13:47pm, 22-08-11, highlighted my fun long 11005 on dow.
13:33pm, 22-08-11, got stopped out for a quid profit, so that is 119 quid in red, from 1 winner and 1 loser from 2 selections out of the new series of 100 fun bets.
13:26pm, 22-08-11, locked and see how it goes.
12:58pm, 22-08-11, highlighted my fun short on dow 10985.
12:47pm, 22-08-11, got it wrong, the victory celebration is a powerful, so that is 120 quid in the red for the new fun bet series, a sobering start, lol.
09:00am, 22-08-11, highlighted my fun short on ftse 5108, the first fun bet in the new series.
21:17pm, 21-08-11, taken off the dow report now, ready, steady, trade, folks, good luck all.
07:49am, 21-08-11, you must have read the gold report now, so put up the Dow report instead, take care.
16:38pm, 20-08-11, done all seven reports, can someone email me to suggest why this Monday could be a big black one??? I am curious to know. Take care, folks, or shall I say, take cover for Monday.
07:35am, 20-08-11, weekly reflections as follows:
" Another fascinating week. Just realised that I have lost 3 kg in weight in the past two weeks, well, who needs dieting when you can go for fun-charged spreadbetting where loosening a few pounds does come true often, lol!!!! In the height-weight ratio scales, I am now slightly under weight, which is always a blessing. There is always a silver lining for every dark cloud, haha.
We have finished the current series of 100 fun bets at a profit of 328 pounds, which is an improvement from last series' loss of 276 pounds. This series has been fast and furious as our normal series are over two months, this one finished in one month. This series saw a peak of 870 pounds profit, but after that glimmer of getting rich quick, it turned out to be a flash in the pan. The ideal profit of £1000 per series still stay aloof from reality. Well, we will start a new series on Monday. Let's hope it is a better one.
This is one odd week. I made a typical analyst' mistake again, by trying to be too perfect to my forecasts--I was imagining I was making the markets when things were going the right way at the beginning of the week. Our Moostar MS' purple run came to a little rest as well, which is a shame. Our MG has been otherwise engaged. Our Raffles has been away on his millionaire's seasonal holidays with the family. So I have got little to go on. For this week, I am going to award our Al. as Moostar of the week for making a 10% plus profit out of an Options product which struck on Monday. We love a bit of diversity, don't we! After failing to light up the Moos in the World Piper Band Competition last weekend, our Al. deserves to be our Moostar of the week. Well done, mate.
Let's have a look at the forecasts and outcomes:
FTSE 100: 5460-5140 (5510-5080 reserve) (actual: 5398-4926);
Dow: 11900-11100 (actual: 11530-10802);
Gold: $1770-$1680 (actual: $1878-$1728);
Nymex: $82.90-$91 ($88.60-$79 reserve) (actual: $88.99-$79.41);
Euro/dollar: $1.4330-$1.3920 (actual: $1.4518-$1.4259);
Barclays: 172-208 pence (actual: 143-191 pence);
BP: 384-428 pence (actual: 384-420 pence).
Well, I was almost there with oil, with that reserve range, if you can pin down the oil range, you more or less pin down the indices as well, shame, I wavered a lot in trading, until it became too apparent. And I am very much in tune with BP again, which is interesting.
Have a nice weekend, folks. "
21:05pm, 19-08-11, lost 9 quid, so that is 328 quid in profit, from 55 winners and 42 losers and 3 breakevens out of 100 selections in the new series of fun bets, which is now completed. Will start a new one next week.
20:19pm, 19-08-11, highlighted one final fun long on dow 10832.
20:17pm, 19-08-11, lost another 50 quid, this has gone bad, so that is 337 quid in profit, from 55 winners and 41 losers and 3 breakevens out of 99 selections in the new series of fun bets.
19:32pm, 19-08-11, highlighted another tight stoploss fun long on dow near 10883.
19:31pm, 19-08-11, lost 35 quid, so that is 387 quid in profit, from 55 winners and 40 losers and 3 breakevens out of 98 selections in the new series of fun bets.
19:09pm, 19-08-11, highlighted my fun long 10896 on dow.
17:01pm, 19-08-11, banked 30 quid, so that is 422 quid in profit, from 55 winners and 39 losers and 3 breakevens out of 97 selections in the new series of fun bets.
16:22pm, 19-08-11, highlighted my fun long on dow near 10953.
15:29pm, 19-08-11, grabbed 199 quid, so that is 392 quid in profit, from 54 winners and 39 losers and 3 breakevens out of 96 selections in the new series of fun bets.
14:17pm, 19-08-11, highlighted my fun long 10877 on dow.
13:03pm, 19-08-11, grabbed at 5016, so that is 193 quid in profit, from 53 winners and 39 losers and 3 breakevens out of 95 selections in the new series of fun bets.
10:16am, 19-08-11, highlighted my fun long 4960 on ftse.
09:06am, 19-08-11, grabbed at 4993, so that is 81 quid in profit, from 52 winners and 39 losers and 3 breakevens out of 94 selections in the new series of fun bets.
08:48am, 19-08-11, highlighted my fun long 4936 on ftse.
08:40am, 19-08-11, lost that one on hesitation again, so that is 33 quid in red, from 51 winners and 39 losers and 3 breakevens out of 93 selections in the new series of fun bets.
08:10am, 19-08-11, highlighted my fun long 5042 on ftse.
08:03am, 19-08-11, banked the money now, so that is 67 quid in profit, from 51 winners and 38 losers and 3 breakevens out of 92 selections in the new series of fun bets.
06:45am, 19-08-11, highlighted my fun long on ftse 5046.
20:47pm, 18-08-11, lost that one on a little dip, so that is 5 quid in the red, from 50 winners and 38 losers and 3 breakevens out of 91 selections in the new series of fun bets.
18:21pm, 18-08-11, highlighted my fun long on ftse 5085.
16:51pm, 18-08-11, grabbed 22 quid, so that is 95 quid in profit, from 50 winners and 37 losers and 3 breakevens out of 90 selections in the new series of fun bets.
15:34pm, 18-08-11, highlighted my fun long 5102 on ftse.
15:03pm, 18-08011, lost that one too, so that is 73 quid in profit, from 49 winners and 37 losers and 3 breakevens out of 89 selections in the new series of fun bets.
14:41pm, 18-08-11, highlighted my fun long 5137 on ftse.
14:34pm, 18-08-11, got it so wrong, so that is 173 quid in profit, from 49 winners and 36 losers and 3 breakevens out of 88 selections in the new series of fun bets.
10:38am, 18-08-11, highlighted my fun long on dow 11225.
10:11am, 18-08-11, lost that one, so volatile out of hours, so that is 273 quid in profit, from 49 winners and 35 losers and 3 breakevens out of 87 selections in the new series of fun bets.
06:33am, 18-08-11, highlighted my fun long on dow 11343.
16:07pm, 17-08-11, lost 32 quid on that one, so that is 393 quid in profit, from 49 winners and 34 losers and 3 breakevens out of 86 selections in the new series of fun bets.
14:18pm, 17-08-11, highlighted my fun short on dow 11444.
14:11pm, 17-08-11, lost it to a spike, not a good day to trade oil on oil reserve news day, so that is 425 quid in profit, from 49 winners and 33 losers and 3 breakevens out of 85 selections in the new series of fun bets.
10:49am, 17-08-11, highlighted my fun short on nymex 8765.
08:36am, 17-08-11, nicked 18 quid, so that is 525 quid in profit, from 49 winners and 32 losers and 3 breakevens out of 84 selections in the new series of fun bets.
07:45am, 17-08-11, highlighted my fun short on nymex 8732.
17:31pm, 16-08-11, grabbed 74 quid, so that is 507 quid in profit, from 48 winners and 32 losers and 3 breakevens out of 83 selections in the new series of fun bets.
17:17pm, 16-08-11, highlighted my fun short 5360 on ftse.
17:11pm, 16-08-11, lost 119 quid on that one, so that is 433 quid in profit, from 47 winners and 32 losers and 3 breakevens out of 82 selections in the new series of fun bets.
14:22pm, 16-08-11, highlighted my fun short 5321 on ftse.
12:37pm, 16-08-11, grabbed 54 quid, so that is 552 quid in profit, from 47winners and 31 losers and 3 breakevens out of 81 selections in the new series of fun bets.
10:46am, 16-08-11, highlighted my fun short 5308 on ftse. Got out of the bed on the wrong side this morning, so not had much joy so far.
08:48am, 16-08-11, grabbed 6 quid, so that is 498 quid in profit, from 46 winners and 31 losers and 3 breakevens out of 80 selections in the new series of fun bets.
08:12am, 16-08-11, highlighted my fun short 5310 on ftse.
07:15am, 16-08-11, grabbed 22 quid, having survived on an extended stop loss, it is a relief, got it so wrong there on that short, so that is 492 quid in profit, from 45 winners and 31 losers and 3 breakevens out of 79 selections in the new series of fun bets.
08:06am, 15-08-11, highlighted my fun short 5343 on ftse.
08:01am, 15-08-11, never had an easier trade than that, limit hit and banked the money, so that is 470 quid in profit, from 44 winners and 31 losers and 3 breakevens out of 78 selections in the new series of fun bets. The best gaptrade I have ever done, lol.
07:07am, 15-08-11, highlighted my fun short near 5365 on ftse, gap is near 5320.
16:40pm, 14-08-11, taken off the gold report now, ready steady trade, folks, should be an easier week than last week, only 800 pointer on dow.
19:33pm, 12-08-11, done all seven reports, should be a reasonable week to trade, normality returns, I think, back to trend warfare. Have a nice weekend, folks.
07:42am, 12-08-11, the weekly reflections are here:
"The week before, we thought that was a biblical week, well, it was actually only a starter. This past week has been one hell of a week, with a swing of 11% of the yearly range on ftse100, that is something.
The good news is that we have survived this past week, the not so good news is that we didn't make much progress in terms of the fun bets, which swung to a big profit of 870 pounds at one time and dived into 200's pounds profit and finally ended the week almost flat at 380 pounds profit. I must say Friday was the only day I had many regrets because that was the only day when I finally succumbed to doubts/doubters and did not stick to my correct bullish assessment. It was so hard to keep your head, let alone a cool and independent head, but a TA must stand above the crowds and be very headstrong in his or her analyses. Friday alone cost a fortune, otherwise, we could have been proud to have beaten the markets in such a volatile week. But I have to admit the strains took its tolls on me and I did not sleep well for the first time in my history as a spreadbetter. The tension probably took hold of me in my dreams and I jostled to wake up at odd hours in the mornings. On Friday, I should have stopped the fun bets altogether, as I was really at the end of my tether.
On the other hand, we did make some tidy money with shares and ETFs where we enjoyed some returns from some of my good calls.
So we have had two biblical week. Now normality should return and there will be weeks that the markets will hardly move, but the following two weeks are no such weeks just yet. But we will be ready for them with our
weekly mooriverwatch studies. I have got the bigger mooriver map for the remainder of the year now. As long as the markets move within the boundaries of this map, we should be able to trade profitably from here onwards.
Well, our Club has survived the storms and there is a good mixture of resilience in this club, which is extraordinary. We have got MS who has suddenly turned into a bit of a trading guru, making excelllent trades one after another. Our MG's gaptrading system is blossoming, though he did admit, had he used his system on Dow, he would have been wiped out by now, ouch! Al the best Piper in the world is still playing with his complex layers of financial products, with one maturing on Monday. Fingers crossed for him for that and his upcoming World Piper Competition, surely there is only one winner there! Lady S is keeping her cool and continues to show she can trade better than men! Our Iaan is still having a good scalp on a daily basis. Our new member KK is picking up fast and made some good calls too. I have heard no major disasters from members this week. It was my ultimate challenge to keep all members afloat through this storm, and I think we have done that now. So we should deserve some justified rewards in the remainder of the year.
For this week, I am going to award our Raffles as the Moostar of the week, as his poems came at a time of huge turmoils in a world, stuck in a deep dark tunnel. His poems shone through like a torch in that darkness and I am very grateful for that. Well done, Raffles, you are a moostar.
Let's have a look at the forecasts and outcomes (don't laugh your head off, there has got to be a week like this to make me come back down to the earth once in a while!):
FTSE 100: 5650-5210 (actual: 5361-4719);
Dow: 11380-11930 (11930-10800 Reserve) (actual: 11365-10448);
Nymex: $84-$93.50 (actual: $87.37-$75.72);
Gold: $1670-$1525 (actual: $1816-$1683);
Euro/dollar: $1.4260-$1.4870 (actual: $1.4402-$1.4104);
Barclays: 162-217 pence (actual: 156-194 pence);
BP: 380-423 pence (actual: 380-415 pence).
I am surprised to find a perfect hit for the BP bottom price, that is something in this sort of a week where I got the logic completely wrong. In hindsight, I underestimated the effects of the yankie downgrading by a long chalk. It just shows I am a complete stranger to economics/fundamentals, as I am a technical analyst who only gazes on the moorivers on the charts.
Have a nice weekend, folks, make sure to relax and get away from thoughts of money as far as possible. Money is only a small part of life and there is a lot more out there, so enjoy and be happy!"
19:42pm, 12-08-11, we have now grabbed 68 quid, so that is 380 quid in profit, from 43 winners and 31 losers and 3 breakevens out of 77 selections in the new series of fun bets.
19:39pm, 12-08-11, locked in for 5230, can't lose.
16:47pm, 12-08-11, highlighted my fun short near 5354 just now on ftse, limit for 5220.
16:37pm, 12-08-11, lost that one, so that is 312 quid in profit, from 42 winners and 31 losers and 3 breakevens out of 76 selections in the new series of fun bets.
15:18pm, 12-08-11, highlighted my fun short 5276 on ftse.
15:10pm, 12-08-11, grabbed 68 quid, so that is 412 quid in profit, from 42 winners and 30 losers and 3 breakevens out of 75 selections in the new series of fun bets.
14:30pm, 12-08-11, highlighted my fun short on ftse 5281.
14:20pm, 12-08-11, lost that one too, so that is 344 quid in profit, from 41 winners and 30 losers and 3 breakevens out of 74 selections in the new series of fun bets.
11:33am, 12-08-11, highlighted my fun short on dow 11118.
09:46am, 12-08-11, lost that one, a bad-hair day, so that is 464 quid in profit, from 41 winners and 29 losers and 3 breakevens out of 73 selections in the new series of fun bets.
09:08am, 12-08-11, highlighted my fun short 5166 on ftse.
08:24am, 12-08-11, lost that one, so that is 564 quid in profit, from 41 winners and 28 losers and 3 breakevens out of 72 selections in the new series of fun bets.
07:42am, 12-08-11, highlighted my fun long on dow 11028.
20:57pm, 11-08-11, lost 24 quid, was scalping the wrong way, so got punished for greed, so that is 664 quid in profit, from 41 winners and 27 losers and 3 breakevens out of 71 selections in the new series of fun bets.
19:58pm, 11-08-11, highlighted my fun short on ftse 5242.
19:35pm, 11-08-11, grabbed 30 quid, so that is 688 quid in profit, from 41 winners and 26 losers and 3 breakevens out of 70 selections in the new series of fun bets.
19:15pm, 11-08-11, highlighted my fun short on ftse 5227.
18:49pm, 11-08-11, grabbed 34 quid, not very convinced as a bull, it is a scalp, so that is 658 quid in profit, from 40 winners and 26 losers and 3 breakevens out of 69 selections in the new series of fun bets.
18:36pm, 11-08-11, highlighted my fun short on ftse 5214.
18:17pm, 11-08-11, grabbed 100 quid, so that is 624 quid in profit, from 40 winners and 26 losers and 3 breakevens out of 69 selections in the new series of fun bets.
16:33pm, 11-08-11, highlighted my fun long on dow near 10982.
16:18pm, 11-08-11, grabbed 50 quid, so that is 524 quid in profit, from 39 winners and 26 losers and 3 breakevens out of 68 selections in the new series of fun bets.
16:08pm, 11-08-11, highlighted my fun short 11009 on dow.
15:30pm, 11-08-11, grabbed 230 quid, so that is 474 quid in profit, from 38 winners and 26 losers and 3 breakevens out of 67 selections in the new series of fun bets.
12:58pm, 11-08-11, highlighted my fun long on dow 10680.
12:40pm, 11-08-11, lost that one too, it is a nasty run, so that is 244 quid in profit, from 37 winners and 26 losers and 3 breakevens out of 66 selections in the new series of fun bets.
11:02am, 11-08-11, limit order filled at 5030 on ftse.
10:58am, 11-08-11, lost that one too, having a terrible run here, so that is 344 quid in profit, from 37 winners and 25 losers and 3 breakevens out of 65 selections in the new series of fun bets.
08:21am, 11-08-11, highlighted my fun long on ftse at 5096.
08:18am, 11-08-11, lost that long, so that is 444 quid in profit, from 37 winners and 24 losers and 3 breakevens out of 64 selections in the new series of fun bets.
08:00am, 11-08-11, limit long caught at 5121.
07:48am, 11-08-11, got stopped out for a few quid, so that is 544 quid in profit, from 36 winners and 24 losers and 3 breakevens out of 63 selections in the new series of fun bets.
07:38am, 11-08-11, now locked for a ride to 5170ish.
07:30am, 11-08-11, caught the first limit order at 5098, now ride it.
06:39am, 11-08-11, the train is headed north, it is a matter of how to get on it, set two limit fun orders there, waiting.
20:11pm, 10-08-11, lost that one too, given up, suddenly having a poor run here, so that is 540 quid in profit, from 35 winners and 24 losers and 3 breakevens out of 62 selections in the new series of fun bets.
19:47pm, 10-08-11, highlighted my fun long on dow 10985.
18:49pm, 10-08-11, got taken out at breakeven, it turned out to be a miserable day, so that is 670 quid in profit, from 35 winners and 23 losers and 3 breakevens out of 61 selections in the new series of fun bets.
15:27pm, 10-08-11, highlighted my fun long on dow 10840.
15:02pm, 10-08-11, lost another one, so that is 670 quid in profit, from 35 winners and 23 losers and 2 breakevens out of 60 selections in the new series of fun bets.
14:47pm, 10-08-11, highlighted my fun long on dow near 10980 on dow.
14:40pm, 10-08-11, lost that long on a little spike down there, too volatile at the open, yankies are still too jittery, so I am staying out now, so that is 770 quid in profit, from 35 winners and 22 losers and 2 breakevens out of 59 selections in the new series of fun bets.
14:24pm, 10-08-11, highlighted my fun long near 11000 on dow.
13:37pm, 10-08-11, grabbed, so that is 870 quid in profit, from 35 winners and 21 losers and 2 breakevens out of 58 selections in the new series of fun bets.
13:15pm, 10-08-11, it is painfully slow for bears to wake up to this possible giant fall today, but at least we are locked in for a free waiting session!
10:37am, 10-08-11, highlighted my fun short 5244 on ftse.
09:43am, 10-08-11, grabbed, so that is 750 quid in profit, from 34 winners and 21 losers and 2 breakevens out of 57 selections in the new series of fun bets.
09:24am, 10-08-11, locked for a ride to 5000.
07:02am, 10-08-11, highlighted my fun short on ftse 5243.
20:19pm, 09-08-11, grabbed 230 quid, so that is 636 quid in profit, from 33 winners and 21 losers and 2 breakevens out of 56 selections in the new series of fun bets.
19:51pm, 09-08-11, highlighted my fun long near 10730 on dow.
14:39pm, 09-08-11, grabbed the money, lol, perhaps not this time, so that is 406 quid in profit, from 32 winners and 21 losers and 2 breakevens out of 55 selections in the new series of fun bets.
11:47am, 09-08-11, locked for the ride towards 11900.
09:36am, 09-08-11, highlighted my fun long 10710 on dow.
09:32am, 09-08-11, lost that one, so that is 206 quid in profit, from 31 winners and 21 losers and 2 breakevens out of 54 selections in the new series of fun bets.
08:55am, 09-08-11, highlighted my fun long on dow 10840.
08:20am, 09-08-11, grabbed 40 quid, so that is 306 quid in profit, from 31 winners and 20 losers and 2 breakevens out of 53 selections in the new series of fun bets.
08:12am, 09-08-11, highlighted my fun short 5086 on ftse.
07:55am, 09-08-11, grabbed 90 quid, so that is 266 quid in profit, from 30 winners and 20 losers and 2 breakevens out of 52 selections in the new series of fun bets.
07:25am, 09-08-11, highlighted my fun long 10785 on dow.
05:46am, 09-08-11, another lovely poem to start the day from our R:
"
FALLING FROM GRACE
You make me satisfied
You only want to ride
But that's alright by me
We happen to be free
For what tomorrow brings
No peace and broken wings
It may have been so good
But now it's understood
'Twas just a night
If I could tear my heart
And keep it miles apart
From love of beast or man
And never give a damn
If I could learn to lie
And never show my pride
I'd be just like the rest
Be someone I detest
I'm always looking for the sun
I'm always looking for the sun to shine
Love...
Destroys the best of us
Then leaves the rest of us
Thinking perhaps we'll die
Yet still we stay alive
Lost in a hollow frame
With lonely tears remain
Not knowing our life's worth
Dragging around the earth
How false the light
You make me satisfied
You only want to ride
But that's alright by me
We happen to be free
And if we fall from grace
At least we had a taste
Of something more than this
Unresolved black abyss
I'm always looking for the sun
I'm always looking for the sun
I'm always looking for the sun
I'm only looking for the sun to shine"
21:05pm, 08-08-11, should never have gone long, lost another 100 quid on that one, doh, so that is 176 quid in profit, from 29 winners and 20 losers and 2 breakevens out of 51 selections in the new series of fun bets. The only right side is the dark side!
20:53pm, 08-08011, highlighted my fun long 10868 on dow.
20:33pm, 08-08-11, got a poem from one of my members, hope this is his original work (I have not checked), but it sound great!
"
"I Want The World To Stop"
I want the world to stop (I want the world to stop)
Give me the morning (give me the understanding)
I want the world to stop (I want the world to stop)
Give me the morning, give me the afternoon
The night, the night
Let me step out of my shell
I'm wrapped in sheets of milky winter disorder
Let me feel the air again, the talk of friends
The mind of someone my equal
I want the world to stop…
Tinseltown has followed me from Tinseltown to
Grey adorable city by the docks
Girls will walk in moving air the sun hangs low the girls don’t care
As they paint themselves at dusk.
I want the world to stop…
Towns’ and cities’ populations up and grow
The workers move to the suburbs
In between I watch and go
I run along side rush hour traffic a prayer for every car
I want the world to stop…
I want to write a message to you
Everyday at 10 o clock in the evening
Yellow pearl my city is
This is your art this is your Balzac your Brookside and your Bach
R"
19:17pm, 08-08-11, lost that long, should never have switched to the wrong side, 276 quid in profit, from 29 winners and 19 losers and 2 breakevens out of 50 selections in the new series of fun bets.
16:43pm, 08-08-11, highlighted my fun long on nymex 8365.
16:34pm, 08-08-11, booked 23 quid, so that is 376 quid in profit, from 29 winners and 18 losers and 2 breakevens out of 49 selections in the new series of fun bets.
16:10pm, 08-08-11, highlighted my fun short on nymex 8388.
15:19pm, 08-08-11, grabbed 29 quid, so that is 353 quid in profit, from 28 winners and 18 losers and 2 breakevens out of 48 selections in the new series of fun bets.
14:19pm, 08-08-11, highlighted my fun short on nymex 8371.
14:02pm, 08-08-11, grabbed 86 quid, so that is 324 quid in profit, from 27 winners and 18 losers and 2 breakevens out of 47 selections in the new series of fun bets.
13:28pm, 08-08-11, highlighted my fun short on ftse 5165.
12:03pm, 08-08-11, chopped that oil short, not going anywhere, so it is 238 quid in profit, from 26 winners and 18 losers and 2 breakevens out of 46 selections in the new series of fun bets.
10:44am, 08-08-11, highlighted my fun short on nymex 8377.
09:24am, 08-08-11, banked 88 quid, so that is 251 quid in profit, from 26 winners and 17 losers and 2 breakevens out of 45 selections in the new series of fun bets.
08:32am, 08-08-11, highlighted my fun short on ftse 5276, last trade.
08:27am, 08-08-11, lost that one too, got it so wrong, so that is 163 quid in profit, from 25 winners and 17 losers and 2 breakevens out of 44 selections in the new series of fun bets.
08:10am, 08-08-11, highlighted my fun short on ftse 5216.
09:06am, 08-08-11, lost that short, not a good start, 263 quid in profit, from 25 winners and 16 losers and 2 breakevens out of 43 selections in the new series of fun bets.
06:56am, 08-08-11, highlighted my fun short on nymex 8351.
21:51pm, 06-08-11, done all the seven reports. Seems that everyone is talking about the downgrading, think it is about sell rumours, better travel than arrival, but I could be very wrong! Let's wait and see on Monday, in fact, Sunday night in Asia.
21:55pm, 05-08-11, the weekly reflections as below:
"What a biblical week!
The yankies played their political drama queen a bit too much to the liking of the rest of the world. And their delay till the last minute and all the dirty washing swept out of under the carpet suddenly made the rest of the world sit up and think, how long is the yankie overspending going to be sustainable! Together with further bear raids by speculators on Europe, things suddenly took a turn for the worst from Thursday onwards, where key technical support levels were breached with ease, like knife through warm butter. It really took me a while to wake up to that ugly reality on Thursday, as I had pencilled in a lovely scenario, which played out perfectly at the beginning of the week (in fact, they played out my weekly forecasts over Monday and Tuesday). But I certainly underestimated the extent of the yankie political drama and the onslaughter of the speculations on Europe sovereign debt woes. These vultures are always there and it is a matter of when, not whether, they will attack Europe again and again, until the Euro collapses back to parity or even below!
It is so fortunate that the fun bet series has been improved to 363 pounds in profit from last week's 157 pounds, in a week when a lot of traders have lost their accounts and their shirts! Fortunate is the word for it, as my forecast was only applicable to the beginning of the week and since then I made various mistakes in the twists and turns of the rapids in the fast moving mooo rivers. One can say we could have made a fortune, but easily, we could have lost a big fortune too. So on balance, it is a very much blessed week!
The usual candidates are competing for the moostar podium again and their claims are very strong indeed. MS is certainly in a zone, his calls have been mostly to the point. Iaan are happily nicking his 50 pointer here and there everyday. MG's gap trading system are reaping the profits, as all the down gaps were closed in one go! Amazing. J's calls have been good too and our Al is still laughing with complicated trading portfolio with various strands of investments competing against each other for favouritism. Well, having thought aobut it long and hard, I am going to award MG and MS again as moostars of the week, as their achievements certainly stand high above the crowd in this turbulent times. Well done, chaps, it is unusual for me to award two people as moostars of the week and it must be the first for the same two people to be on the podium twice in a row, but your efforts have been amazing, I am honoured to have you in my Club.
Let's have a look at the forecasts and outcomes:
FTSE 100: 5660-5840 (5910-5730 reserve) (actual: 5914-5139);
Dow: 12360-11960 (actual: 12331-11336);
Gold: $1680-$1550 (actual: $1682-$1609);
Euro/dollar: $1.4550-$1.4080 (actual: $1.4454-$1.4056);
Nymex: $101.50-$93(actual: $98.58-$82.92);
Barclays: 219-267 pence (actual: 230-173 pence);
BP: 450-490 pence (actual: 468-402 pence).
This has been one blackswan biblical week. I had pencilled in a more gentle drama over the week, but in the event, it went pearshaped from Thursday onwards as markets went into overdrive by computer driven programs and the collective fear by the human operators.
Now, I will be looking at a completely different future this weekend, such is the fun and challlenge of the mooriverwatching role--you either love it or hate it and for most of the time, I love it bits!
Have a lovely weekend, remember, whatever goes down will come back up, it is a matter of when, not whether, the world is not going to end yet! Enjoy life and smile!
Take care."
10:54am, 05-08-11, banked 92 quid, so that is 363 quid in profit, from 25 winners and 15 losers and 2 breakevens out of 42 selections in the new series of fun bets.
09:56am, 05-08-11, highlighted my fun short on ftse 5282.
09:53am, 05-08-11, grabbed 14 quid, so that is 271 quid in profit, from 24 winners and 15 losers and 2 breakevens out of 41selections in the new series of fun bets. Have another think.
09:14am, 05-08-11, highlighted my fun long on ftse 5266.
09:03am, 05-08-11, banked 44 quid, so that is 257 quid in profit, from 23 winners and 15 losers and 2 breakevens out of 40 selections in the new series of fun bets.
08:42am, 05-08-11, highlighted my fun long on ftse 5268.
08:23am, 05-08-11, grabbed 72 quid, so that is 213 quid in profit, from 22 winners and 15 losers and 2 breakevens out of 39 selections in the new series of fun bets.
07:52am, 05-08-11, highlighted my fun short 5242 on ftse.
07:42am, 05-08-11, lost another 30 quid, so that is 141 quid in profit, from 21 winners and 15 losers and 2 breakevens out of 38 selections in the new series of fun bets.
07:38am, 05-08-11, highlighted my fun long on ftse 5261.
07:35am, 05-08-11, lost another 42 quid, so that is 171 quid in profit, from 21 winners and 14 losers and 2 breakevens out of 37 selections in the new series of fun bets.
07:32am, 05-08-11, highlighted my fun long on nymex 8405.
07:28am, 05-08-11, lost that long in a few minutes, bad call, so that is 213 quid in profit, from 21 winners and 13 losers and 2 breakevens out of 36 selections in the new series of fun bets.
07:16am, 05-08-11, highlighted my fun long 8518 on nymex.
17:56pm, 04-08-11, keep calm, folks, capital is king! Capital saved in this mad collapse can be used to make loads of money later on, after the earthquake and tsunami, all things come to an end!!!! If anything, these are the times when saying No to trading is probably the best decision you make.
13:58pm, 04-08-11, grabbed 40 quid, it was going up and down like mad, so that is 313 quid in profit, from 21 winners and 12 losers and 2 breakevens out of 35 selections in the new series of fun bets.
13:20pm, 04-08-11, highlighted my fun long 5475 on ftse.
11:55pm, 04-08-11, grabbed 81 quid , so that is 273 quid in profit, from 20 winners and 12 losers and 2 breakevens out of 34 selections in the new series of fun bets.
09:59am, 04-08-11, highlighted my fun short on nymex 9175.
20:20pm, 03-08-11, banked another 41 quid, so our money is back on the day, what a volatile day, so that is 192 quid in profit, from 19 winners and 12 losers and 2 breakevens out of 33 selections in the new series of fun bets.
19:42pm, 03-08-11, highlighted my fun long on dow 11825.
18:55pm, 03-08-11, grabbed 48 quid, so that is 151 quid in profit, from 18 winners and 12 losers and 2 breakevens out of 32 selections in the new series of fun bets.
16:55pm, 03-08-11, highlighted my fun long on ftse near 5573.
16:40pm, 03-08-11, grabbed money on that long, so that is 103 quid in profit, from 17 winners and 12 losers and 2 breakevens out of 31 selections in the new series of fun bets.
15:37pm, 03-08-11, highlighted my fun long on dow 11735.
15:25pm, 03-08-11, lost that long, so that is 32 quid in profit, from 16 winners and 12 losers and 2 breakevens out of 30 selections in the new series of fun bets.
13:48pm, 03-08-11, highlighted my fun long on dow 11900.
13:40pm, 03-08-11, bailing out of the oil long, so that is 132 quid in profit, from 16 winners and 11 losers and 2 breakevens out of 29 selections in the new series of fun bets.
11:40am, 03-08-11, grabbed 46 quid from the ftse long, still holding onto the oil long, 138 quid in profit, from 16 winners and 10 losers and 2 breakevens out of 29 selections in the new series of fun bets with oil long running.
10:44am, 03-08-11, highlighted my fun long on ftse 5650, in expectation of a breakout imminently.
08:30am, 03-08-11, grabbed 2 quid on the ftse long, the entry was poor, but leaving the oil long running, so that is 92 quid in profit, from 15 winners and 10 losers and 2 breakevens out of 28 selections in the new series of fun bets with oil long running.
07:24am, 03-08-11, highlighted my second fun long of the day on ftse 5644.
06:29am, 03-08-11, highlighted my fun long on nymex 9342.
21:09pm, 02-08-11, lost that one too, so that is 90 quid in profit, from 14 winners and 10 losers and 2 breakevens out of 26 selections in the new series of fun bets. Bad day.
17:49pm, 02-08-11, highlighted my fun long on dow near 11983.
17:37pm, 02-08-11, bailing out with a small loss, lost the plot while the yankies vote, so that is 190 quid in profit, from 14 winners and 9 losers and 2 breakevens out of 25 selections in the new series of fun bets.
16:49pm, 02-08-11, received a dividend payment, so that is 202 quid in profit, from 14 winners and 8 losers and 2 breakevens out of 24 selections in the new series of fun bets.
16:40pm, 02-08-11, highlighted my fun long on nymex near 9428.
16:40pm, 02-08-11, lost that long, so that is 163 quid in profit, from 14 winners and 8 losers and 2 breakevens out of 24 selections in the new series of fun bets.
08:32am, 02-08-11, highlighted my fun long on ftse near 5748.
07:36am, 02-08-11, placed a fun limit order just now.
19:00pm, 01-08-11, chopped that long for 16 quid so that is 263 quid in profit, from 14 winners and 7 losers and 2 breakevens out of 23 selections in the new series of fun bets.
16:16pm, 01-08-11, higlighted my fun long on ftse near 5781 just now.
16:05pm, 01-08-11, got stopped out for 26 quid, very volatile market, so that is 279 quid in profit, from 14 winners and 6 losers and 2 breakevens out of 22 selections in the new series of fun bets. Got carried away by greed, should have banked a lot more money earlier.
15:05pm, 01-08-11, highlighted my fun long 5767 on ftse.
14:01pm, 01-08-11, grabbed 34 quid, so that is 253 quid in profit, from 13 winners and 6 losers and 2 breakevens out of 21 selections in the new series of fun bets.
12:53pm, 01-08-11, highlighted my fun short 5899 on ftse just now.
09:27am, 01-08-11, grabbed a tenner, so that is 219 quid in profit, from 12 winners and 6 losers and 2 breakevens out of 20 selections in the new series of fun bets. FTSE is being the stubbornest of all again, as dow has come back down some 80 pointer.
08:11am, 01-08-11, highlighted my fun short 5875 on ftse.
06:21am, 01-08-11, overnight banked 52 quid on the ftse long, the ambition was too limited, so that is 209 quid in profit, from 11 winners and 6 losers and 2 breakevens out of 19 selections in the new series of fun bets.
13:12pm, 31-07-11, done all seven reports, the BP report is available if you scroll down, still no solution from the yankies. Take care.
21:43pm, 30-07-11, done the five main reports on gold, ftse, dow, euro/dollar and nymex. These are always my finest-quality work, as you can see from my past forecasting records. Why not join the Club today and enjoy all the reading and plan your trading ahead for the coming week--with the mooriver weekly forecasts, you are miles ahead of competitions amongst all the market traders. Be careful, folks, next week is a critical week, which determines the fortunes of 2011! will do the two company reports tomorrow.
10:49am, 30-07-11, some weekly reflections:
"
Well, I think I have recovered from the end of June disaster now. While still making odd easy mistakes here and there, things are getting back to a firmer footing for the past week. The fun bet series is currently 157 pounds in profit after 19 selections with the ftse long running over the weekend. I think I quite like trading oil and trading a mixture of instruments as and when it is appropriate. Oil is the wild beast that moves up and down to a good margin on any given day, so if we can pin down a few extreme trades everyday, making money can be said to be easier than trading other instruments. Well, to be honest, as long as we can make money on a consistent basis, who cares what we trade. With the same stoploss system in place, we can trade any markets as we see fit really. I think that will be the kind of flexible trading spirit to be continued into the foreseeable future, as long as it generates some good profits.
The one member that really impressed me was our ultra-consistent trader MS. This week, he has made many calls, all to perfection, with regards to entry levels and timing. I was caught speechless. I know all along he has been the most consistent trader in the Club, but this week, he has simply been amazing. If all the fun bets were called by him, the series would have been in a lot more profit than now. And our MG has finally teased out a gap trading system to some amazing profits, based on some stubborn tenacity to seeing his new system through to fruitation. I must say finally MG has found a system that has so far delivered good results for him. I am so pleased for him. Having given it much thought, I have decided to award both MS and MG as our moostars of the week, congratulations, buddies, well done, keep it up!
Let's have a look at the forecasts and outcomes:
FTSE 100: 5980-5700 (actual: 5960-5770);
Dow: 12395-13200 (actual: 12080-12657, clearly misunderstood the yankie political system altogether);
Gold: $1636-$1500 (actual: $1633-$1603);
Euro/dollar: $1.4660-$1.4150 (actual: $14536-$14230);
Nymex: $100-$94.80 (actual: $100.62-$94.96);
Sainsbury: 300-329 pence (actual: 301-316 pence);
Standard Chartered Bank: 1706-1510 pence (actual: 1625-1540 pence).
Surely, these are among the world's best weekly forecasts, while they are not yet my best!!!! I always insist that my best quality work is done over the weekend, when the moorivers stay still and I can empty my mind of greed and fear and stare into the green green water and look ahead to the future...It is the most enjoyable and challenging job in the world as well.
Have a nice weekend, folks."
16:51pm, 29-07-11, highlighted my fun long 5803 on ftse.
16:32pm, 29-07-11, chopped that one for 26 quid loss, was too keen on the dark side, so that is 157 quid in profit, from 10 winners and 6 losers and 2 breakevens out of 18 selections in the new series of fun bets.
15:46pm, 29-07-11, highlighted my fun short on ftse 5806.
14:13pm, 29-07-11, grabbed 132 quid, still falling, but it is a profit, so that is 183 quid in profit, from 10 winners and 5 losers and 2 breakevens out of 17 selections in the new series of fun bets.
07:42am, 29-07-11, highlighted my fun short on nymex crude 9694 just now.
07:36am, 29-07-11, chopped that long, the gamble on the yankie vote failed miserably, so that is 51 quid in profit, from 9 winners and 5 losers and 2 breakevens out of 16 selections in the new series of fun bets.
20:47pm, 28-07-11, highlighted my fun long on ftse 5825 on guaranteed stop loss.
16:29pm, 28-07-11, grabbed 42 quid, so that is 91 quid in profit, from 9 winners and 4 losers and 2 breakevens out of 15 selections in the new series of fun bets.
10:13am, 28-07-11, highlighted my fun long 12327 on dow.
08:29am, 28-07-11, grabbed 42 quid, so that is 49 quid in profit, from 8 winners and 4 losers and 2 breakevens out of 14 selections in the new series of fun bets.
19:53pm, 27-07-11, highlighted my fun long on ftse 5818.
19:40pm, 27-07-11, can't keep the profit, lost that 50 quid again, so that is 7 quid in profit, from 7 winners and 4 losers and 2 breakevens out of 13 selections in the new series of fun bets.
15:09pm, 27-07-11, highlighted my fun long on dow 12395.
15:01pm, 27-07-11, grabbed 48 quid, so that is 57 quid in profit, from 7 winners and 3 losers and 2 breakevens out of 12 selections in the new series of fun bets.
13:54pm, 27-07-11, highlighted my fun short on ftse 5894.
13:39pm, 27-07-11, got chopped by the negative newsflow, so that is 9 quid in profit, from 6 winners and 3 losers and 2 breakevens out of 11 selections in the new series of fun bets.
12:30pm, 27-07-11, highlighted my fun long on nymex 9888.
10:55am, 27-07-11, stopped out at breakeven, should have grabbed the money perhaps earlier, so that is 59 quid in profit, from 6 winners and 2 losers and 2 breakevens out of 10 selections in the new series of fun bets
09:35am, 27-07-11, highlighted my fun long on nymex near 9905.
09:05am, 27-07-11, grabbed 47 quid, annoyed by the quick erosion of short-term momentums, so that is 59 quid in profit, from 6 winners and 2 losers and 1 breakeven out of 9 selections in the new series of fun bets.
07:10am, 27-07-11, highlighted my fun short on nymex 9947.
18:18pm, 26-07-11, grabbed 35 quid, had enough, I think for today, so that is 12 quid in profit, from 5 winners and 2 losers and 1 breakeven out of 8 selections in the new series of fun bets.
17:29pm, 26-07-11, highlighted my fun short on nymex crude 10045.
17:18pm, 26-07-11, lost that short on a spike, so that is 23 quid in the red, from 4 winners and 2 losers and 1 breakeven out of 7 selections in the new series of fun bets.
16:31pm, 26-07-11, highlighted my fun short 9947 on nymex crude.
14:33pm, 26-07-11, banked 86 quid on that short, so that is 87 quid in profit, from 4 winners and 1 loser and 1 breakeven out of 6 selections in the new series of fun bets.
12:44pm, 26-07-11, highlighted my fun short on nymex 9970.
11:05am, 26-07-11, grabbed 13 quid, not going anywhere, it seems, so that is 1 quid in profit, from 3 winners and 1 loser and 1 breakeven out of 5 selections in the new series of fun bets.
10:00am, 26-07-11, highlighted my fun short on nymex 9957.
19:08pm, 25-07-11, event risk is high, so came out breakeven, that is 12 quid in the red, from 2 winners and 1 loser and 1 breakeven out of 4 selections in the new series of fun bets.
12:59pm, 25-07-11, highlighted my fun short near 5924 on ftse.
12:42pm, 25-07-11, grabbed 35 quid from that oil short, so that is 12 quid in the red, from 2 winners and 1 loser out of 3 selections in the new series of fun bets.
18:16pm, 24-07-11, had to start this new blog as the second part of the annual diary, which was running so slowly like a crawling snail. Now this feels better already. Taking off the reports now, ready to trade, folks, despite all the tragedies around the world, we must live on, bravely. 100,000 people with belief could be an incredible force to do a lot of good! We must believe in the future, a future full of love, tolerance, and caring spirit. God bless you all.
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