[tawe trader]

What's a FTSE point worth ? It's not a mini future is it?

JJ, a FTSE Future contract is £10 / pt, I think there may be a mini-contract of half that.

I use a UK spreadbetting company for my trades and they have lower min. stake, so it suits my trading of the higher risk setups. I can risk less when going against the trend and place a large stake trade when going with the trend.

I have just opened up new s/betting account this month with MFGlobal spreads (part of the Man Futures group) and they now offer daily FTSE trades (bets) with only a 1 pt spread and a £2 / pt min stake. They offer access to hundreds of mkts (I trade the Dow/S&P as well) and any profits are tax-free for UK residents. The trades are classed as bets and the UK government doesn't tax any winning bets anymore (horses, football, financial etc) they tax the profits of the betting company instead, which is great news to profitable traders !

[jjthetrader]

Originally Posted by tawe trader »

JJ, a FTSE Future contract is £10 / pt, I think there may be a mini-contract of half that.

They offer access to hundreds of mkts (I trade the Dow/S&P as well) and any profits are tax-free for UK residents. The trades are classed as bets and the UK government doesn't tax any winning bets anymore (horses, football, financial etc) they tax the profits of the betting company instead, which is great news to profitable traders !

Sweet. I don't get up early enough here in Canada to trade the FTSE but I was just wondering. Thanks for the info.

[mister ed]

Originally Posted by bertg »

mister ed,

The whole point of megaupload and similar sites is to frustrate you and make you pay for "premium" membership where you don't have to wait.

1. click link
2. enter the three letter code in the "Please enter xxx here" field, then click "Download" button.
3. Wait 45 seconds or whatever it is (watch the countdown under the "Free" column). Do NOT click on the "Download Link" until the countdown has finished. If you do, you're starting over.
4. After 45 seconds the countdown becomes a clickable button called "Free download." Click it and click "Save" or "Open." I saved my copy.

Regards,
Bert

Thanks Bert - I have successfully used the site in the past to download, so I know the instructions etc. Just cannot get it to work this time.

[Seb Manby]

ES analysis for wednesday 5th Dec 07, i have decided to record with voice and upload the files to a server that you can download, I suggest that you archive them for future refrence.
Audio link here http://www.megaupload.com/?d=ERS0UD6L

Tell me if you like this method.

Regards Sebastian

[jjthetrader]

Originally Posted by Seb Manby »

ES analysis for wednesday 5th Dec 07, i have decided to record with voice and upload the files to a server that you can download, I suggest that you archive them for future refrence.
Audio link here http://www.megaupload.com/?d=ERS0UD6L

Tell me if you like this method.

Regards Sebastian

I like this method. Works well I think. Excellent Analysis.

What I find the most difficult about trading VSA real-time is trusting what I see. It's hard, psycologically, to short up bars after you've seen a rally. It's something that gets easier over time I'm sure.

Thanks for putting in the effort. We appreciate it.

[That One Guy]

Yeah, I'm glad I found this method. It's what I have been looking for since I began trading. Great job on the daily analysis, keep up the great work.

Thank you.

[marketguy]

Sebastian,
I really enjoyed the audio/chart presentation. I deeply appreciate your generosity in teaching us.

I am a total beginner to VSA. Can you give suggestions on the best way to learn this work - including books, software and other educational material.

Thanks so much.

Bryan

[mister ed]

Originally Posted by jjthetrader »

I like this method. Works well I think. Excellent Analysis.

What I find the most difficult about trading VSA real-time is trusting what I see. It's hard, psycologically, to short up bars after you've seen a rally. It's something that gets easier over time I'm sure.

Thanks for putting in the effort. We appreciate it.

JJ - If you see a rally, then up bars that suggest weakness is present, could you try dropping a time frame to see if those smaller time-frame bars are suggesting weakness as well? Or if they are suggesting strength is there follow-through on the strength - if not then its another sign of weakness?