5% every 24 hours using set and forget - £200 into £1797!

Thanks verry intresting please post your experience here.

Best regards

I have received a few messages about this thread so as Im still working the method I will post results.

NOTE: I do not place any hedge trade I simply place a straing bet with IG index following the slight modifications I have added. These are simply using technical analysis, R/S lines to make sutre I do everything possible to go against the trend. The figures are % increase on stake.

-----------£400 New Bank-----------
12/02/2013AUDUSD5.7
14/02/2012AUDJPY5.3
EURJPY8
EURJPY8
19/02/2013GBPUSD8
GBPUSD 9
EURGBP23.5
20/02/2013EURJPY6.2
AUDJPY5.9
21/02/2012EURGBP12.7
EURGBP2.1
AUDJPY10.2
22/12/2013GPBUSD3.9
GBPJPY5.8
EURGBP8.4

............BANK £505................................

On monday I will now revert to £100 stake and keep going with the profits to see just how long a winning run can be expected (unless I like the idea of the cash and change my mind .

To avoid confusion I plan to do a full write up and include all the indicators I use ect.. on a separate thread in the future (at least another month so I have a larger set of results) as this has now deviated and progresses from the original method slightly and the thread starter does not seem to be active any longer.

That's a interesting methods, once upon a time, i found a similar method like this on net. Sorry can't remember the link. But there, they place no touch on last 2 hours of the market on EURCHF. Protecting with 150pips number in last few hours of the market, is obvious winning. Will try it.

Great idea!!! Well, did you finnally do the research?

I am very interested on this idea ... I am already a client at Betonmarkets and I will open a demo account on IG to test your idea... Please reply if you have done any backtesting already...

Please, my friend, give me more information about the Spreadbetting broker you use and how exactly you hedge... I am going to apply your system grom now on...

I have been away from the forums for quite a while, busy with the regular job.

The info contained on this thread is still going strong. I went on to have an app developed to place the trades for me with IG index, I find a suitable trade then instead of just taking what is available instantly on IG i set my app up for a target so that as the market moves over night if my target is hit my trade is placed I am not giving the app away or making it for sale as i developed it for my own use and it does exactly what I need it to do, what I am saying is all the info you need is in this thread, if you put a little time in to read it and act upon it you will make money.

anyone still using this?