Spike 35

Anybody ever heard of it or used this trading methodology before by Hammond? My friend was at a garage sell and picked it up thinking i might be interested in it. It talks about the thirteen day rule for trend changes and High days and low days. Thanks.

Hello Blue Monkey --- If you mean the above title I bought this a long time ago when I was experimenting with a bunch of systems to enable me to spread bet commodities here in the UK.

I tried diligently with it in Metals & Softs with some success but found it difficult to follow the varous 13 day constructs and re-entry rules so I moved onto different systems. It might be a very sound system but I personally just found it difficult to visualise and employ. Maybe you can do much better as the author seems very sincere and it is well set out and his results are impressive.

I now trade Forex and the S&P and have not returned to the Spike 35

Good Luck ----------- Bramhall 17

Thank you Bramhall, the book looks very interesting and I will give it a look over. He does not use any indicators or MA lines. What I read so far I like it but don't know yet if it will work. Again thanks for your input.

made some good real time trades, some not so good. So I checked the author's trades for the jy h 1980 and S n 1982, I could verify allot of his trades.

But some were bogus, either buying at the low on a signal given at the close. Exiting at the high despite the day's high never reaching the target, and deleting some losers.

Too bad real trading doesn't allow that kind of hind sight!!

Inshort, $5300 of loses and unreal profits over 5 months and 3 months.