I was a little bored with work today, not that I should be, I have loads to do. I was looking for new trades and none took my fancy according to my super trend strategy, So I had a bit of a play with proRealTime. I noticed they have a feature called ProRealTrend Detection. Has anyone looked at this before. I took a quick look and couldn’t really make head nor tail of it. It attempts, in some way, to give a list of instruments that are close to support and resistance levels. The thing is I don’t think it’s particularly clear what all the lines that it adds to the chart actually mean. If anyone has any clue what so ever please let me know. Probably best to post on the forum if you can. I can see there being a lot of replies and I don’t think adding them all as comments will suffice. If I get chance I’ll start a new topic. UPDATE – I’ve started a ProRealTrend Detection Help! topic on the forum.


Not much happening with my trades today. Most are up slightly. Punch Taverns is now around 10 points in profit. I checked last night and I managed to move my stop level by 4 points to reduce my risk on the position. I guess it’s probably a good time of the year for pubs etc. Everyone having a festive drink or two, if your not driving why not have three or four. Keep drinking and keep Punch Taverns share price rising 😉 everyone’s a winner.


The FTSE has had it’s best day for a while, up around 60 points. I have to say it’s still in the back of my mind whether or not the FTSE will pass 6000 before the end of the year. It’s certainly coming close. I guess in two weeks time we’ll know the answer to the question. After that it will be time to start speculating where the FTSE will end up at the end of 2011. Still there’s a few trading days to go before then so I don’t thing I’ll be trying to look that far ahead.


I may get some time later to look for new trades but nothing so far. As always you can keep tabs on my latest trades on my spread betting trades page. You can also see big Als latest trades. I have to say I’m very impressed with his trading. He’s doing very well nearly doubling his account balance in less than a year. Hopefully I haven’t jinxed anything for him. Keep up the good work Big Al.


That’s all for today.


Until next time,
“May the markets be with you!”
Spread betting beginner

December 21, 2010 by Harry
Category: blog
Tags: ProRealTime, Punch Taverns, share price, super trend strategy