Member Info for LEFKOSIA

link to register for FREE webinar on the powerful 3 day doji sandwich pattern https://stephenbigalow.com/webinars/stephen-bigalow-webinar-040518/ glita

link to register for FREE weekly advanced candlestick patterns starting in May https://special.stephenbigalow.com/advanced-candlestick-patterns-online-training-series/ glita

looking for a multibagger. crawshaw. meat wholesale and retailer. word of caution ceo and fd recently resigned which does not bode well BUT very illiquid share so any good news could cause a spike DYOR. http://content.screencast.com/users/LEFKOSIA/folders/Default/media/13fe4281-340e-4d6d-ba8f-5e5d625993a9/Crawshaw%20Group%20PLC_20180403_11.58.png

looking for a multibagger. crawshaw. meat wholesale and retailer. word of caution ceo and fd recently resigned which does not bode well BUT very illiquid share so any good news could cause a spike DYOR. http://content.screencast.com/users/LEFKOSIA/folders/Default/media/13fe4281-340e-4d6d-ba8f-5e5d625993a9/Crawshaw%20Group%20PLC_20180403_11.58.png glita

Good morning BT CHART UPDATE http://content.screencast.com/users/LEFKOSIA/folders/Default/media/e2009274-b901-4d5a-a187-999cd69c8a5d/BT%20Group%20PLC_20180403_08.22.png As you will see the mini bull run has ended and it has gone into bear mode again. i don't feel confident to trade it at the moment at least not with high stakes. nennyb you said i was brave, i'd say i was downright stupid. i did say at the time 'not recommended'. oversizing bets is a sure fire way of blowing an account and the stress involved is not worth it. the stress despite the profit has taken its toll on my health over the weekend. stress aggravates my condition. health should come first, after all one cannot take wealth with you. glita

Good morning nennyb i think it is highly unlikely I will make the 1/2 million before july.to make £8k a day consistently for 60 trading days on the trot with no losers is an extremely tall order and the stress involved in making those two trades was very draining. btw the fund size is £100k not the bet. margin deposit required was just over £91K so precious little left over and had to close all other trades in case they adversely affected the ratio of available funds. the bet size was £5k a pip which is against all the sensible money management rules and is not to be recommended. however I am a gambler at heart and saw 2 highly probable trades and maxed the bet, something that i will not be able to do from july. immediately each bet was placed i was £2.5k in loss due to spread which from memory did increase so very stressful . have the long weekend to ponder what to do next. need a few AIM 10 baggers but that is even more impossible than 60 consecutive winning trading days. glita

BT Looks like my stop profit limit was just about right confirmed by close below the T LINE The 1 hour chart best illustrates http://content.screencast.com/users/LEFKOSIA/folders/Default/media/ad91fe06-6dde-4b08-a27f-91b237d0d67b/BT%20Group%20PLC_20180329_17.09.png this now fully recovers those losses i made on bt without stop losses in place last September when i was in hospital. glita

BT Profit limit just got hit may have to rethink. if i had let it run yesterday would be £31k not £18k 29/03/18 DEAL BT Group PLC DFB +5000 229.13 231.18 £ £10,250.00 DIAAAABVY82J8 29/03/18 DEAL BT Group PLC £ £10,250.00 well maybe bird in the hand is less stressful.there was a dip after my previous post back to 4/5k and there has been another since the £10K above. not for the feint hearted latest chart http://content.screencast.com/users/LEFKOSIA/folders/Default/media/ee8eac8b-b3ec-440b-b89b-81c5fb9b96b8/BT%20Group%20PLC_20180329_13.11.png think i'll take a rest as its very demanding. glita

Good afternoon nennyb see my blogg on wednesday re ESMA. BT is in an overall bearmarket but does have retracements. bullish short term at the moment so taking advantage of current trend went back in again today charts below using all available funds £100k not recommended and against all the rules need to make £8K a day between now and july to make £0.5m to be classed as a professional to avoid the margin increases. http://content.screencast.com/users/LEFKOSIA/folders/Default/media/0ec1c0ed-f321-4a46-b3ae-ebfe42dbfe5e/BT%20Group%20PLC_20180329_11.36.png http://content.screencast.com/users/LEFKOSIA/folders/Default/media/1baa5b98-f2f5-4876-b1fe-62d76fa4e16d/BT%20Group%20PLC_20180329_11.38.png http://content.screencast.com/users/LEFKOSIA/folders/Default/media/6195e6ae-0a4d-4f2e-9df5-70850bb05bb6/BT%20Group%20PLC_20180329_11.40.png glita

apologies for the multiple posts. did a long punt on BT within the bear trend. chickened out and cashed in for £8k profit. i thought i'd lost the chart which was showing £9,200 profit at the time with target 2 pips for £10k profit but have now found it. http://content.screencast.com/users/LEFKOSIA/folders/Default/media/2b3c0fa9-6234-41cd-9d24-868fc1adfeb4/BT%20Group%20PLC_20180328_16.14.png won't be able to do that come July! plucking euro bureaucrats! i'm not prone to using profanities but i'm so angry that the ordinary guy in the street is being denied the ability to make money. can't do trades like that everyday . just once in a while. one starts off £2.5k down. the stress would kill me 28/03/18 DEAL BT Group PLC DFB +5000 222.97 224.53 £ £7,800.00 DIAAAABVQWXS8 glita

Well the ESMA ruling is out and real bad news for the eur/usd see below If you placed a EUR/USD trade at £5/point, assuming a current market price of 12320, your current margin requirement would be £308. Under the new rules your margin requirement will be £2051.28. that means £50/pip deposit required is £20,510 and £100 = £41,020 however the straddle is still alive I think. New margin close-out rules ESMA initially proposed a 50% margin close-out rule on a position-by-position basis. This would have been a drastic change to the current system where we look at positions together at 'account level'. It would likely have resulted in traders having positions closed out early – even if their overall strategy was in profit. During the consultation period, we found that traders overwhelmingly agreed with our view. The CFD Association then proposed adopting a standardised industry rule whereby providers are required to close one or more of a retail client’s trades if their account drops to 50% of the minimum required margin. This would fulfil ESMA’s goal of increasing clarity, without forcing clients to manage their margin on a by-position basis. ESMA accepted this suggestion, which is now expected to become law in early July 2018. it just curtails the number of open positions at any one time and no oversizing of stakes and to make sure ample spare funds to top up deposits to preclude going below the 50%. will have just 3 months to make half a million quid. glita

Well the ESMA ruling is out and real bad news for the eur/usd see below If you placed a EUR/USD trade at £5/point, assuming a current market price of 12320, your current margin requirement would be £308. Under the new rules your margin requirement will be £2051.28. that means £50/pip deposit required is £20,510 and £100 = £41,020 however the straddle is still alive I think. New margin close-out rules ESMA initially proposed a 50% margin close-out rule on a position-by-position basis. This would have been a drastic change to the current system where we look at positions together at 'account level'. It would likely have resulted in traders having positions closed out early – even if their overall strategy was in profit. During the consultation period, we found that traders overwhelmingly agreed with our view. The CFD Association then proposed adopting a standardised industry rule whereby providers are required to close one or more of a retail client’s trades if their account drops to 50% of the minimum required margin. This would fulfil ESMA’s goal of increasing clarity, without forcing clients to manage their margin on a by-position basis. ESMA accepted this suggestion, which is now expected to become law in early July 2018. it just curtails the number of open positions at any one time and no oversizing of stakes and to make sure ample spare funds to top up deposits to preclude going below the 50%. will have just 3 months to make half a million quid. glita

Well the ESMA ruling is out and real bad news for the eur/usd see below If you placed a EUR/USD trade at £5/point, assuming a current market price of 12320, your current margin requirement would be £308. Under the new rules your margin requirement will be £2051.28. that means £50/pip deposit required is £20,510 and £100 = £41,020 however the straddle is still alive I think. New margin close-out rules ESMA initially proposed a 50% margin close-out rule on a position-by-position basis. This would have been a drastic change to the current system where we look at positions together at 'account level'. It would likely have resulted in traders having positions closed out early – even if their overall strategy was in profit. During the consultation period, we found that traders overwhelmingly agreed with our view. The CFD Association then proposed adopting a standardised industry rule whereby providers are required to close one or more of a retail client’s trades if their account drops to 50% of the minimum required margin. This would fulfil ESMA’s goal of increasing clarity, without forcing clients to manage their margin on a by-position basis. ESMA accepted this suggestion, which is now expected to become law in early July 2018. it just curtails the number of open positions at any one time and no oversizing of stakes and to make sure ample spare funds to top up deposits to preclude going below the 50%. will have just 3 months to make half a million quid. glita

corrections to above stake is £10 win only plus sum of all previous losing bets divided by next horse's odds. stake after 10 losing bets is £10 plus £13.99 =£23.99 20 losing bets = bank required £522 gla

PREVIOUS BLOGG CON Our selection, therefore, has 1 chance in 4.5 (3 serious plus 3 half chances). Our interpretation of its actual odds is 7/2. If we can get better than 7/2 for our selection we bet. The bigger the price above 7/2, the more we stake. It makes sense - if the dice man went back the following night he would stake much higher at that price. If our horse, however, is quoted at less than 7/2 we cannot bet - not ever. It may well win, but if we continually take chances like that we will eventually come unstuck. If the odds are 3/1 we have to leave it alone and come back another day. Again, that's a simple example, and I'm sure most punters think along those lines. To get more of an exact figure we need to break our fractions down further - to percentage chances. If we say that the total chances of all the runners in a race is 100%, we need to then determine how much of that 100% is made up of our horse's chance. In the above example the 100% was split between 6 runners that had either a chance or half a chance. There were a total of 4.5 chances, each one 22.22% of the overall 100%. A 22.22% chance is equal to 7/2, so if we are right in our judgement (and we must stick to our judgement, as that is the whole point of betting), anything better than 7/2 offers value. A friend of mine has the same approach, although he tackles it slightly differently. He allocates 100 points to a race (each point is a 1% chance). From those 100 points, he allocates to each horse a number, which he thinks represents its chance of winning. The important thing here is that all the points must come back to 100 when added at the end. He may analyse a race like this: His selection 27pts, horse 'B' 20pts, horses 'C', 'D', 'E', and 'F' 12pts each, and horse 'G' 5pts. He has given his selection a 27% chance, which equals just over 11/4. So if my friend can get better than 11/4 for his bet he will be on. If not, he won't. To convert the points out of 100 you have awarded to each horse into odds, do the following: Say you gave 28pts: divide 100 by 28 = 3.57, and then deduct 1 = 2.57. Those are the odds to one: 2.57/1. Given that 2.5/1 is the same as 5/2, you would need better than 5/2 for a horse to which you had awarded 28pts. Please make sure you don't totally discount a horse and give it 0pts unless you are sure that it can't win. Make sure your entire points total 100 exactly. You will have to change them many times before they do - and don't bother if the points awarded are strange numbers, like 27 or 41. it doesn't matter as long as you work out the odds correctly afterwards. You will suddenly find that you are spending less time trying to pick winners, and more time selecting horses that are likely to run to the best of their abilities at prices which are bigger than they really should be. Value - the single most important thing, no matter what you bet on. Knigelk remember my blogg from the other day reproduced below How about that outsider of 4 1st race haydock they pay off over time! - - Kapga De Lily 5 10-7 - Aidan Coleman Venetia Williams 66/1 i usually do rank outsider in 6 horse race or less but sporadically and have not kept record of how profitable. i used to use my recovery of all previous losings bets staking plan on all harry's tips where odds were9/1 or more. again have not retained record but from memory i did not lose overall. basic bet size was £10 each bet plus sum of all prior losing bets divided by odds. eg 10 previous losers assuming all odds were 10/1 so next bet =£10 plus sum of all previous losing bets £16.39 = £26.39 see table below 20 losing bets on the trot requires a bank of £520 30 losing bets on the trot requires a bank of £1,514 from memory my betting bank was £300 and was not breached 10.00 10.00 1.00 11.00 21.00 2.10 12.10 23.10 2.31 12.31 35.41 3.54 13.54 48.95 4.90 14.90 63.85 6.38 16.38 80.23 8.02 18.02 98.25 9.83 19.83 118.08 11.81 21.81 139.89 13.99 23.99 163.88 16.39 26.39 190.26 19.03 29.03 219.29 21.93 31.93 251.22 25.12 35.12 286.34 28.63 38.63 324.97 32.50 42.50 367.47 36.75 46.75 414.22 41.42 51.42 465.64 46.56 56.56 522.21 52.22 62.22 584.43 58.44 68.44 652.87 65.29 75.29 728.16 72.82 82.82 810.97 81.10 91.10 902.07 90.21 100.21 1002.27 100.23 110.23 1112.50 111.25 121.25 1233.75 123.38 133.38 1367.13 136.71 146.71 1513.84 gla

doze many thanks for your link picked this up from it. very interesting statistics. Getting Value Value is the single most important thing in betting A good strike rate is no use at all if the bets are not made at value odds. That is why I decided to write this short piece. The scenario I want you to imagine is of three people walking into a room where different bets are on offer. The first person sees a table where you can bet on the spin of a coin. The odds on offer are 10/11 for a correct choice. He feels lucky and bets on heads, which comes up. So he has another bet, and this also wins. "I'm feeling lucky", he says, "I'm going to stay at this table all night". The second person sees a table where you can bet on the correct number thrown with a dice. The odds on offer are 11/2. He has a bet on '3', which loses, and then on '5', which loses. But he's not deterred; "I'm staying on this table", he says, "see you later". The third person sees a table where you can bet on predicting a playing card randomly chosen from a pack. The odds on offer are 66/1. He likes the prospect of a big win, so he has a go. In fact he has 10 goes, and none are correct. Luckily, he has brought plenty of cash with him, so he says "I'm staying here for the night". The three agree to meet up again in 8 hours time, when they will compare how each has done. Eight hours passed, and it was time for the three to go home. The coin man was not happy; "I seemed to be winning regularly", he said, "I didn't have any long losing runs, but I'm out of pocket!" In fact he'd had 1,000 bets, and 500 of them had been correct. He'd been betting at £20 a time, as he knew he wouldn't have long losing runs. So over the night he'd staked £20,000, and from his 500 winners paying £38.18 a time, he'd received a total of £19,090. He had lost £910 when he seemed to be doing so well. People had been remarking at how many winners he was having, but that didn't matter to him now. He certainly wouldn't play that game again. The second arrived, with a smile on his face; "I started slowly", he said, "and my strike rate was not good all night - I had many losing runs well into double figures. I didn't feel as if I was winning, but now that I've counted up I realise that I've done well." In fact, he too had placed 1,000 bets over the night at £20 each. He had picked 166 winners and 834 losers. At his quoted odds of 11/2, each winner had paid him £130 - a total return of £21,580. He had won £1,580 on the night and was happy. The third returned laughing; "I can't believe it", he said, "I chose those cards terribly - I had massive losing runs which I thought would never end. In fact I had 1,000 bets at £20 each and only won 19 of them - good job my bank was big enough for the evening!" But at 66/1, the 19 winners had returned a total of £25,460, making him £5,460 - enough for the cruise he'd been planning. Simple enough, and we can see why the coin man was attracted by the prospect of regular winners - it made him feel like he was doing well. The dice man had a strike rate of 16.67%, which was more than enough, given that he was offered the value odds of 11/2 each time. The odds quoted were only half a point too high, but that was enough for him and he took advantage. The card man was fortunate to have a big bank behind him - his losing runs were massive, only 19 winners from 1,000 at a strike rate of 1.9%. But the 66/1 he was given was far too high, and he made a lot of money. If these people were to return every night for a year, betting on the same games and with the same stakes, the coin man would lose £332,150, the dice man would win £576,700 and the card man would win £1,992,900. They were all winning as often as they were entitled to do - nobody was luckier or unluckier than the others. It all came down to the value their bets offered. In that example, the value was easy to see. Mathematically, it could be determined exactly. But how do we know what value is in horse-racing? How do we know we won't end up like the coin man? The answer is that we need to try to determine the actual odds of our horse winning. We can't do this exactly, of course, but we can get fairly close. Say for example the race we are studying has 10 runners, and we have decided that 4 of them have no chance whatsoever. We can confidently cross those 4 through, but we must be absolutely sure they can't win. That leaves 6 runners, and we may decide that 3 of those can't be dismissed completely even though we don't think they can win. Maybe they have half a chance. Fine, that's 3 runners with half a chance each, and the other 3 are the serious contenders (of which one is our selection). Our selection, therefore, has 1 chance in 4.5 (3 serious plu

Add 4 hours for gmt Investing.com Weekly Economic Calendar for EUR AND USD traders Ever wondered why price alters direction Stay up to date with major economic events and global trading holidays for the week ahead. Full Economic Calendar Eastern Time (US & Canada) (GMT -4:00) Time Cur. Event Forecast Previous Sunday, March 25 17:45 NZD Trade Balance (MoM) -100M -566M 17:45 NZD Trade Balance (YoY) -3,225M -3,220M Monday, March 26 01:30 EUR Investing.com EUR/USD Index 65.7% 01:30 GBP Investing.com GBP/USD Index 46.6% 01:30 CAD Investing.com USD/CAD Index 35.8% 01:30 JPY Investing.com USD/JPY Index 68.5% 01:30 AUD Investing.com AUD/USD Index 57.6% 01:30 NZD Investing.com NZD/USD Index 50.7% 01:30 CHF Investing.com USD/CHF Index 58.5% 01:30 USD Investing.com Gold Index 62.2% 01:30 USD Investing.com S&P 500 Index 66.4% 02:45 EUR French GDP (QoQ) 0.6% 0.6% 02:45 EUR French GDP (YoY) 2.5% 2.5% 04:30 GBP Gross Mortgage Approvals 39.2K 40.1K 05:30 EUR German Buba President Weidmann Speaks 12:30 USD FOMC Member Dudley Speaks 16:30 USD FOMC Member Mester Speaks 19:10 USD FOMC Member Quarles Speaks 20:00 AUD HIA New Home Sales (MoM) -2.1% 20:45 AUD RBA Assist Gov Kent Speaks Tuesday, March 27 03:00 EUR Spanish CPI (YoY)P 1.5% 1.1% 03:00 EUR Spanish HICP (YoY)P 1.6% 1.2% 06:00 EUR France Jobseekers Total 3,463.1K 09:00 USD S&P/CS HPI Composite - 20 n.s.a. (YoY) 6.1% 6.3% 10:00 USD CB Consumer Confidence 131.2 130.8 11:00 USD FOMC Member Bostic Speaks 16:30 USD API Weekly Crude Oil Stock -2.739M 20:00 NZD ANZ Business Confidence -19.0 Wednesday, March 28 02:45 EUR French Consumer Spending (MoM) 0.4% -1.9% 03:00 EUR GfK German Consumer Climate 10.7 10.8 05:45 EUR Italian 10-Year BTP Auction 2.06% 08:30 USD GDP Price Index (QoQ) 2.3% 2.3% 08:30 USD GDP (QoQ) 2.7% 2.5% 08:30 USD Goods Trade Balance -74.10B -75.26B 10:00 USD Pending Home Sales (MoM) 2.1% -4.7% 10:30 USD Crude Oil Inventories 1.200M -2.622M 10:30 USD Cushing Crude Oil Inventories 0.905M 12:00 USD FOMC Member Bostic Speaks 17:45 NZD Building Consents (MoM) 0.2% 19:50 JPY Retail Sales (YoY) 1.7% 1.5% 20:30 AUD Private Sector Credit (MoM) 0.3% 0.3% Thursday, March 29 02:00 GBP Nationwide HPI (MoM) 0.2% -0.3% 02:00 GBP Nationwide HPI (YoY) 2.2% 03:00 CHF KOF Leading Indicators 107.5 108.0 03:55 EUR German Unemployment Rate 5.3% 5.4% 03:55 EUR German Unemployment Change -15K -22K 04:30 GBP Business Investment (QoQ) 0.0% 0.0% 04:30 GBP Current Account -23.7B -22.8B 04:30 GBP GDP (QoQ) 0.4% 0.4% 04:30 GBP GDP (YoY) 1.4% 1.4% 08:00 EUR German CPI (MoM)P 0.5% 0.5% 08:30 USD Core PCE Price Index (MoM) 0.2% 0.3% 08:30 CAD GDP (MoM) 0.1% 0.1% 08:30 USD Personal Spending (MoM) 0.2% 0.2% 08:30 CAD RMPI (MoM) 3.3% 08:30 USD Initial Jobless Claims 231K 229K 08:30 USD Core PCE Price Index (YoY) 1.6% 1.5% 08:30 CAD GDP (YoY) 2.9% 3.3% 08:30 USD PCE Deflator (MoM) 0.2% 0.4% 08:30 USD PCE Deflator (YoY) 1.7% 1.7% 09:45 USD Chicago PMI 62.1 61.9 10:00 USD Michigan Consumer Sentiment 102.1 102.0 10:00 USD Michigan Consumer Expectations 88.6 13:00 USD U.S. Baker Hughes Oil Rig Count 804 13:00 USD FOMC Member Harker Speaks 19:30 JPY Tokyo Core CPI (YoY) 0.9% 0.9% 19:30 JPY Household Spending (YoY) 1.9% 19:30 JPY Jobs/applications ratio 1.60 1.59 19:50 JPY Industrial Production (MoM)P 5.1% -6.8% Friday, March 30 02:45 EUR French CPI (MoM)P 0.8% 0.0% 02:45 EUR French HICP (MoM)P 0.0% 03:45 EUR French Consumer Spending (MoM) 2.2% -1.9% 06:00 EUR Italian CPI (MoM)P 0.2% 0.0% 15:30 EUR CFTC EUR speculative net positions 132.7K 15:30 GBP CFTC GBP speculative net positions 23.8K 15:30 JPY CFTC JPY speculative net positions -22.0K 15:30 AUD CFTC AUD speculative net positions 17.9K 15:30 USD CFTC Gold speculative net positions 148.7K 15:30 USD CFTC S&P 500 speculative net positions -8.2K 15:30 USD CFTC Crude Oil speculative net positions 703.7K 21:00 CNY Manufacturing PMI 50.7 50.3 21:00 CNY Non-Manufacturing PMI 54.4 Please feel free to contact us with any questions or suggestions you may have. Thanks, The Investing.com Team Get the Investing.com App! Financial Markets on the Go Follow us glita

Just my luck did all harry's saturday tips in ew singles and doubles only one winner plus a few placed. sunday tips gave a miss and harry only has 2 winners 11/1 and 8/1 a massive 108/1 winning double! well done Harry

Good afternoon doze while fundamentals are importatant they do not move price. investor sentiment to fundamentals move price so charts should take precedence imo.

Well done knigelk with the lincoln winner. between us we got the first 5. wonder what that would have paid? good luck with your L15