Super Bowl XLIV

The National Football Conference (NFC) champion New Orleans Saints will Win this Super Bowl game, GUARANTEED.

Friday, Feb 5th ,

Major Buy Signal : Long on the close at 1059.75

Friday, Feb 12 ,

Long from 1059.75 .

Position in profit for + 19.25 points or $ 962.50 per contract.

Wed, Feb. 17 :

Long from 1059.75. Position was exited on the close of todays session for + 39.75 points or $1987.50 profits.

This is a delayed posting. As soon as there is 4 more ratings feedback in the last post ( CPI Day ) I will resume the posting of trades updates on Twitter , and Daily Reviews with the Trade Setups on a non-delayed basis.

Winner of the Dec 2009-DEMO Surefire Trading Challenge

This is for the benefit of any trader unaware of the unfair, unethical, deceiving and outright fraudulent practices from this company in Umhlanga,South Africa.They shouldn't even have an online presence because they are a disgrace to the onlinetrading industry. These people are also irresponsible, unaccountable, extremely lazy, and dim-witted.The only reason they get away with it is because there is no International regulations,and no laws protecting the public in any country, otherwise they would have been out of business a long time ago:

Using the Ninja Trader Demo Platform with Zen-Fire data feed, my friend and trader, obtain the highest percentage gain, but the Director , Adrian Jones refused to recognize him after submitting all the required documentation and reports generated by Ninja Trader:

The reason I vouch for him is because I know him as a very good and experienced trader and a very honest individual and he put in many hours of hard work to win this competition.We as traders should support each other, that is my believe.Those readers of this Blog that don't believe in helping other traders should refrain from sending your selfish prejudised biased comments.The overwhelming evidence is here for all to see.

Here is the initial verification process conducted by Mark McRea, there is clear evidence that he was unfairly treated: One day he was told by Mark McRae that the verification was going well and almost done and the next day Mr Adrian Jones changed the rules displaying a complete lack of trust and prejudging the whole process without any merits or any evidence to disqualify.His unethical and irresponsible wrong decision to eliminate and withdraw legitimate competitor from winning the competition was an injustice and a complete lack of professionalism and very low standards .Without any doubt whatsoever there was foul play here in this verification process:

I only hope this frustrating experience does not happen to another trader participating in the Surefire Trading Challenge.Traders BEWARE !



Friday:

[1/15/2010 6:10:33 AM] Mark McRae:

Hi Mr.Trader please advise when you get this message i would just like to contact you again for a few minutes as the verification is now almost over thanks Adrian

[1/15/2010 9:14:12 AM] Trader: got the message. ready to begin...

[1/15/2010 9:38:25 AM] Mark McRae: hi al one moment please are you still there

[1/15/2010 9:38:49 AM] Trader: yes

[1/15/2010 9:39:10 AM] Mark McRae: Hi Trader, Wesley here...

[1/15/2010 9:39:29 AM Edited 9:39:34 AM] Mark McRae: Just taking over for Adrian coz I have used NinjaTrader a few times before...

[1/15/2010 9:40:31 AM] Mark McRae: Do you know how to generate a statement with your trading platform?

[1/15/2010 9:41:24 AM] Trader: yes, the statement was already sent to Adrian/Mark, do you need to see another one?

[1/15/2010 9:42:05 AM] Mark McRae: Ah, ok I see that you sent thru an image, showing the initial cash value...

[1/15/2010 9:42:26 AM] Mark McRae: What we actually need is a statement generated by the platform so that we can go thru your individual trades...

[1/15/2010 9:44:06 AM] Trader: Sent the Statement for Dec 01 to Dec 31 2009. The individual trades in Ninja Trader is called the transaction report, is that what you need?

[1/15/2010 9:44:58 AM Edited 9:45:01 AM] Mark McRae: Ok, let me have a look at the mailbox and see if I can pull up your statement, what email address did u send it from?


[1/15/2010 9:45:34 AM] Mark McRae: Also we need to get a report that includes the 31st of December as well so that we can confirm the close balance and check that there were no more trades opened...

[1/15/2010 9:45:45 AM] Mark McRae: ok, thanks Trader, give me a sec plz...


[1/15/2010 9:51:58 AM] Mark McRae: Ah, I see...

[1/15/2010 9:52:21 AM] Mark McRae: Ok, the demo part of the challenge cannot be run on a simulator as such...

[1/15/2010 9:52:42 AM] Mark McRae: It has to be on real live market data but using virtual cash.

[1/15/2010 9:54:11 AM] Mark McRae: Do you have live account results or a demo (not simulator) results that you can enter into the challenge?

[1/15/2010 9:57:54 AM] Trader: The Ninja Trader simulator/demo runs with real live data from Zen-Fire , that is confirmed by any Ninja Trader Brokerage. It is the same as a Demo usually given for 30 days free trial. What was sent to Adrian was the Demo Statement and that can be confirmed with the AMP brokerage in Chicago and the Dorman FCM , they both can confirm that Ninja Trader is the actual Demo, do you want their phone numbers?

[1/15/2010 9:58:27 AM] Mark McRae: Ah, so u did not run it on the simulator account?

[1/15/2010 9:59:02 AM] Mark McRae: As far as I know, u can run a simulated account on ur NinjaTrader platform without even an internet connection...

[1/15/2010 9:59:06 AM] Trader: How can it be without an internet connection when the data provider is Zen-Fire ! ?, it is a Demo account given by Ninja Trader, Sir !


[1/15/2010 10:00:20 AM] Trader: You can confirm with Zen-Fire and Ninja Trader customer support that what I sent to Adrian was a real Demo account, do you need their phone numbers?


[1/15/2010 10:01:40 AM] Mark McRae: We can confirm whether or not the demo account uses live data so that should be no problem, what we actually need is a statement for December from the 1st until the 31st so that we can check it against a chart and confirm the trades...

[1/15/2010 10:02:17 AM] Mark McRae: By the way, do you use an automated trading system or do u trade manually?

[1/15/2010 10:03:44 AM] Trader: The June 2009 Statement was the Brokerage live account. The live account was performed or traded using the same Ninja Trader Platform, which was used as a Demo with live Zen-Fire data feed, again all this can be confirm with a phone call to the clearing firm in Chicago,ILL

[1/15/2010 10:04:45 AM] Trader: No automated, only manual. Trades were entered manually

[1/15/2010 10:05:07 AM] Mark McRae: Yes, but we need to show a statement of results for trades placed in December only, can you send us a statement showing your trades in December?

[1/15/2010 10:05:29 AM] Mark McRae: Or maybe you can get the broker to send it to you and then forward it on to us?

[1/15/2010 10:06:00 AM] Mark McRae: The broker wont divulge much info about an account we do not hold

[1/15/2010 10:06:27 AM] Mark McRae: So we wont be able to request this info from them for your account.

[1/15/2010 10:07:14 AM] Mark McRae: If you can send us the transaction list you mentioned earlier for December I think that might do the trick

[1/15/2010 10:10:29 AM] Trader: _____ is the clearing house for the broker____, they do NOT maintain or issue a Demo Statement for customers. Only Ninja Trader does that. The transaction statement from the Ninja Trade Platform is available, that I can send to you.

[1/15/2010 10:12:45 AM] Mark McRae: Ok, we can take a look at the transaction statement was run up until the 31st of December in order for us to be able to confirm that no further positions were opened without the shadow of a doubt. Also remember that these statements are made available to our club members and they will scrutinize it to the fullest extent so to be on the safe side we need to include the 31st of Dec.

[1/15/2010 10:40:38 AM] Mark McRae: Well, if you have a method that is good we're always looking for good content, we may be able to work with you on disclosing the method to our club members and offer you a prize

[1/15/2010 10:42:02 AM] Mark McRae: We do sometimes put traders in a special category if they are able to complete the processes we have in place for disclosing their systems and we then offer them the same prize money...

[1/15/2010 10:42:38 AM] Trader: Fine, will send the Statement from Ninja Trader Platform ( Performance) again for the second time. Thank you for the explanation. Sorry for any inconvenience.

[1/15/2010 10:44:02 AM] Mark McRae: No trouble at all Trader, just hope that I was able to help out in some way. If there's anything u're not sure about or if u have any questions just drop us a line and we'll be more than happy to help out in any way that we can.

[1/15/2010 10:45:10 AM] Mark McRae: We need to perform a live verification on your account as well, would you be available to do a teamviewer session with either Adrian or myself on Monday? it would take us roughly 15-25 mins to complete

[1/15/2010 10:46:09 AM] Trader: Monday is good for me after 12pm( noon ) est is fine,

[1/15/2010 10:47:10 AM] Mark McRae: Just checking if we have any other verifications setup for noon, one sec...

[1/15/2010 10:47:58 AM] Mark McRae: We have another 2 verifications setup for noon on Monday, would be available around 10 am EST?

[1/15/2010 10:51:09 AM] Trader: 10am is good for me, thanks Mark will send you the report in a few minutes.

[1/15/2010 10:51:47 AM] Mark McRae: No trouble at all, glad to help out Trader, looking forward to chatting with you on Monday

[1/15/2010 11:29:02 AM] Trader: Statement was sent, please confirm
[1/15/2010 12:20:04 PM] Trader: ATTN: Mark

[1/15/2010 12:20:32 PM] Mark McRae: Hey Trader, Wesley here...
[1/15/2010 12:20:45 PM] Mark McRae: Just had a look at your image...
[1/15/2010 12:21:34 PM] Mark McRae: If you click on the Executions tab and then right click on the results, you will get the option to export to and Excel document, can you export the transaction to Excel and send this to us?

[1/15/2010 12:22:44 PM] Mark McRae: Hold on, let me just confirm that...
[1/15/2010 12:22:52 PM] Mark McRae: It might be the Trades tab and not Executions


[1/15/2010 12:24:15 PM] Mark McRae: Then choose the Export to Excel option...
[1/15/2010 12:24:33 PM] Mark McRae: Then save the file on your drive...
[1/15/2010 12:24:48 PM] Mark McRae: Once you have this file saved you can email it or send it to me thru Skype

[1/15/2010 12:25:19 PM] Trader: Have it on Excel Spreadsheet but the program does not have a way to export to my email.. You mean from Excel then save to my computer?
[1/15/2010 12:26:01 PM] Mark McRae: I mean save the Excel file on your computer then you can just drag and drop the file here on this chat window and I can get a copy that way

[1/15/2010 12:27:33 PM] Mark McRae: Cool, I'm here, just let me know if you run into any trouble

[1/15/2010 12:33:46 PM] Mark McRae: thats it :)
[1/15/2010 12:34:03 PM] Mark McRae: this will take a few minutes so stay logged in to your skype account
[1/15/2010 12:34:23 PM] Mark McRae: i see that you made a ton of trades, we'll let Adrian go thru them all (chuckle)

[1/15/2010 12:35:04 PM] Trader: started with one lot then bulit up to 8,000

[1/15/2010 12:35:37 PM] Mark McRae: i'm just lookin at the stats, its amazing, how on earth did u place more than 400 trades on average per day?

[1/15/2010 12:36:52 PM] Trader: There is actually much less than that per day, that is how the Ninja Trader paltform counts each lot by separating them. The lot size was large of course, how else are you going to get a high percentage from 10K starting balance? Not against the rules, correct?

[1/15/2010 12:37:29 PM] Mark McRae: Hmmm, i see what you mean, how did u come up with your method?

[1/15/2010 12:38:08 PM] Trader: Hard work, practice, observation and years of screen time

[1/15/2010 12:38:48 PM] Mark McRae: Just opened the file up here on my side, this looks like exactly what we need, Adrian will go thru it all and verify it with you on Monday when you guys meet for the live verification...



[1/15/2010 12:39:03 PM] Mark McRae: lol, how long have u been trading then?

[1/15/2010 12:39:47 PM] Mark McRae: btw, u trade forex right?

[1/15/2010 12:40:17 PM] Trader: since 1994 started with Futures

[1/15/2010 12:41:03 PM] Trader : Traded Forex Futures in the Strategy Runner International Tournament and finished in first place , won $500

[1/15/2010 12:41:36 PM] Mark McRae: Wow! You seem to have cracked it now, with a % gain like that u're gonna be a celebrity pretty soon lol

[1/15/2010 12:42:56 PM] Mark McRae: I'm gonna forward this to Adrian now so he can work thru it on Monday, we're actually closed up here for the day, I'm at my home office connected via remote desktop

[1/15/2010 12:43:47 PM] Trader: glad you aprove of everything I have sent you, thanks, have a good day, Sir

[1/15/2010 12:44:27 PM] Mark McRae: It's Friday night here already so I'll be out and about for a bit but I just setup some backtests so I'll be checking in every once in a while so if u need anything just drop me a line

[1/15/2010 12:45:19 PM] Mark McRae: Thanks for taking the time to get these statements to us, I'm sure all will check out fine so looking forward to working with you (y)

[1/15/2010 12:45:20 PM] Trader: did you received the Monthly Statement?
[1/15/2010 12:45:29 PM] Mark McRae: The one sent via email?
[1/15/2010 12:45:33 PM] Trader: yes

[1/15/2010 12:46:28 PM] Trader: So, there is just another day of verification left?

[1/15/2010 12:46:31 PM] Mark McRae: Yes, one day left. I got the excel sheet is actually the main one, but the image will serve as supporting docs so all looks good so far on my side, we'll have to let Adrian have a go at it but should be fine so you just take it easy and enjoy the weekend

[1/15/2010 12:46:46 PM] Mark McRae: Yes, the live verification takes about 20 mins
[1/15/2010 12:46:59 PM] Trader: have a good one

[1/15/2010 12:47:00 PM] Mark McRae: Then we get on to disclosing your method, we have processes in place that make it easy

[1/15/2010 12:47:14 PM] Mark McRae: Adrian will bring you up to speed with all that
[1/15/2010 12:47:39 PM] Mark McRae: Thanks Trader, you as well, chat soon (wave)
[1/15/2010 12:48:07 PM] Trader: Will be interested in seeing the others method to compare or improve my.


Monday:

[1/18/2010 9:12:28 AM] Adrian: Hi Trader, Adrian-director, here please add me as a contact this is my personal Skype
thanks
Adrian

[1/18/2010 9:14:42 AM] Trader: will do
[1/18/2010 9:14:51 AM] : Trader has shared contact details with Adrian.
[1/18/2010 9:15:02 AM] : done


[1/18/2010 9:21:01 AM] Adrian: OK Trader DO YOU HAVE A HEADESET CAN I CONTACT YOU NOW?

[1/18/2010 9:21:07 AM] Adrian: Sorry caps on

[1/18/2010 9:22:19 AM] Trader: No headset. Can you contact thru my cell phone?

[1/18/2010 9:26:26 AM] Adrian: ok will do ...just a minute please
[1/18/2010 9:30:48 AM] Adrian: do you have the excel tsheet from friday thats
[1/18/2010 9:31:38 AM] Adrian: on left it under account it says sim101
[1/18/2010 9:31:44 AM] Adrian: simulated account?

[1/18/2010 9:32:26 AM] Trader: NO. Simulated means NO REAL MONEY .The data feed is provided externally. But of course , you probably know that already !

[1/18/2010 9:32:35 AM] Trader: data feed by Zen-Fire
[1/18/2010 9:32:48 AM] Trader: NO REAL MONEY

[1/18/2010 9:33:00 AM] Adrian: zen fire ..broker?

[1/18/2010 9:33:34 AM] Trader: • NO, that is a market data feed service for the brokerage account... is all that is required to drive simulated trading in NinjaTrader. They currently support the following connectivity providers: Zen-Fire .

[1/18/2010 9:34:01 AM] Trader: The data feed is live

[1/18/2010 9:34:36 AM] Adrian: i need confirmation from that trades were actually entered and that you had a start balance of $50 on 1 December usually a brokerage account is necessary for that.. did you have any brokerage account?

[1/18/2010 9:34:36 AM] Trader: The trades were entered MANUALLY , why do you doubt otherwise? The Broker is not Zen-Fire

[1/18/2010 9:35:19 AM] Trader: Yes, my brokerage account statement was sent to Mark on Friday

[1/18/2010 9:35:31 AM] Adrian: who is the broker?

[1/18/2010 9:35:55 AM] Trader: The Broker is ______ . , does not keep records of the Demo Trading as you already know that...

[1/18/2010 9:36:13 AM] Trader: _________Futures is the Broker

[1/18/2010 9:36:51 AM] Adrian: can _______ Futures not confirm any balance in the account for December then?

[1/18/2010 9:37:29 AM] Trader: Yes , in the live account only. They send me the Monthly Statement for Dec 2009, do you need to see it?

[1/18/2010 9:38:51 AM] Adrian: yes please thats the statement i will work off ..from 1 to 31 december confirming start balance and end balance and any open trades for that month

[1/18/2010 9:40:54 AM] Trader: The Demo trades will NOT show in the Monthly statement.The clearing house or FCM is ______, they never keep any Demo trades, is that ok?, Mark told me on Friday he only needed the Transaction Report

[1/18/2010 9:41:44 AM] Trader: Transaction Report is generated by the Demo Platform: Ninja Trader

[1/18/2010 9:42:56 AM] Adrian: well the transaction report you sent unfortunatly doesn't show any start balance and would need to be generated by the broker. If ninja trader is not the broker we then need the broker transaction report..can you email me the statement of global futures as confirmation of this

[1/18/2010 9:44:13 AM] Trader:The start balance is shown in the Performance Report.Yes, will send you the Monthly Statement start balance and end balance for the Month of December 2009, but it does not include the DEMO balance , is that OK?

[1/18/2010 9:45:20 AM] Adrian: Trader just for now ending call lkets carry on writing

[1/18/2010 9:46:14 AM] Trader: Here in the USA, the Broker does not generate the Statements, only the Clearing firm does that, ALL Brokers here in USA are the same

[1/18/2010 9:46:38 AM] Adrian: the statement must disclose all trades for the month ...including any open trades so that i can determine lot sizes and add up the profit/losses for the month ..

[1/18/2010 9:47:09 AM] Adrian: If the clearing firm can do this then i can have a look at it
[1/18/2010 9:47:22 AM] Trader: Are you refering to the Demo trades?

[1/18/2010 9:47:32 AM] Adrian: yes all the demo trades
[1/18/2010 9:47:39 AM] Adrian: for december
[1/18/2010 9:48:27 AM] Trader: The Demo trades are NOT shown on the Monthly statement, the clearinghouse does not keep that record, you can confirm with them.

[1/18/2010 9:50:49 AM] Adrian: ok just to be clear :
Broker cannot confirm statement of account .Clearing house can't confirm the statement

[1/18/2010 9:52:53 AM] Trader: The Demo trades are shown in the Ninja Trader Transaction Report, tha Mark McRae appoved last Friday. Broker can only show the Real Money Balance NOT the Demo balance, why are you making this process so difficult when I have given you all the requested reports?

[1/18/2010 9:54:04 AM] Trader: The Demo Balance is provided by Ninja Trader as NOT REAL MONEY

[1/18/2010 9:54:21 AM] Adrian: Unfortunately that was based on impression that the brokers may be able to back up these trades with an account statement of some sort. withoiut the broker confirming the balance etc we can't pass you

[1/18/2010 9:55:25 AM] Adrian: the other issue is the simulated account. when simulated it appears that these charts are not "real " they are randomly made up or use algorithyms etc but arenot based on real time charts

[1/18/2010 9:56:30 AM] Trader: Real time charts? You have not seen any charts yet ! What evidence do you have to conclude that the trades were done with an Algorithms program ? How can the Broker or Clearing firm confirm the DEMO or Simulated trades when that is NOT real Money? No clearing firm in any country does that !

[1/18/2010 9:57:20 AM] Adrian: all our contestants send in there broker staememts

[1/18/2010 9:58:01 AM] Trader: The Demo trades are based on real live data, you can confirm that with Ninja Trader and with Zen-Fire." Simulated" means NO REAL MONEY, does not have anything to do with the live data , you are making this more confusing than it is, why ?

[1/18/2010 9:59:48 AM] Adrian: you see whether thats the case or not i still don't have a statement that for our competition pruposes i can say i can verify to my satisfaction

[1/18/2010 10:00:11 AM] Trader: I can send you my broker Statement and you can verify directly with them that they don't keep any record of DEMO ( NOT REAL MONEY )

[1/18/2010 10:00:30 AM] Trader: Will send you the statement now, in a few minutes
[1/18/2010 10:01:01 AM] Adrian: if they don't keep a record unforunately i can't confirm the statement..please send it though and i'll take a look for you

[1/18/2010 10:01:07 AM] Trader: Can you confirm with Ninja Trader or Zen-Fire?
[1/18/2010 10:02:39 AM] Adrian: well let me check the statement first and then i can contact them also for you AL

[1/18/2010 10:03:40 AM] Adrian: Thanks for now Trader, let me first check what you send
[1/18/2010 10:03:43 AM] Trader: will need a few minutes to send you the statement
[1/18/2010 10:04:44 AM] Adrian: (y)

[1/18/2010 10:23:15 AM] Adrian: Hi Trader , thanks
[1/18/2010 10:23:48 AM] Adrian: Just to confirm though ..begining balance $1,000,000 Ending balance $1,000,000

[1/18/2010 10:25:16 AM] Trader: did you get it?
[1/18/2010 10:26:58 AM] Adrian: i did thanks..just that begining balance for dec $1000000 and ending balance same...


[1/18/2010 10:27:46 AM] Trader: That is real money balance not DEMO
[1/18/2010 10:28:01 AM] Adrian: oh i see ok

[1/18/2010 10:34:02 AM] Adrian: Trader, unfortunately i'm not able to properly verify your account at this stage as i have no broker account to work with and unlikely that i can get a demo account for the competition. this is in no way saying that you have not traded well..its just that for our competition purposes the parameters for verification have not been met so i think it best that i withdraw you from the competition at this stage and will do a bit more study of ninja trading before i can confrim whether we can accept the entry

[1/18/2010 10:35:13 AM] Trader: What do you need specificaly to verify the account?
[1/18/2010 10:36:13 AM] Trader: Already sent you the Broker account with more than the minimun as require by the Challenge Rules !

[1/18/2010 10:37:08 AM] Trader: demo account from the competition? please explain

[1/18/2010 10:38:47 AM] Trader: Why is the Broker account that was sent NOT good enough? please advice.I can contact my broker to generate another statement.Plaese advice

[1/18/2010 10:39:41 AM] Trader: Why is the Broker account that was just sent to you not good enough? please advice

[1/18/2010 10:41:06 AM] Adrian: see its a live account not a demo account
[1/18/2010 10:41:55 AM] Adrian: the broker statement needs to be verified and i don't have a demo broker account to verify

[1/18/2010 10:42:06 AM] Trader: Why is the Ninja Trader Reports not good for verification of all trades when you can confirm with them that they are valid real time trades? Please Advice

[1/18/2010 10:42:38 AM] Adrian: i will be confirming with them but they don't act as your broker
[1/18/2010 10:44:11 AM] Trader: Demo Broker account? Why can you accept the Thruth that the Brokers, any broker does not generate DEMO Statements, do you need their phone number to verify?
[1/18/2010 10:45:02 AM] Trader: Are the Broker in other countries issue Demo Statements?

[1/18/2010 10:46:29 AM] Adrian: yes we have statements on demo accounts from brokers around the world ...let me just investigate first for you though as i have to abide by our usual verification procedure in the meantime

[1/18/2010 10:48:10 AM] Trader: Please provide one example of a Broker in the USA that generates DEMO Trades on their Statements, will like to see one, please advice

[1/18/2010 10:49:17 AM] Adrian: as i say i will investigate this for you ..if they don't then we cant accept an demo trades for USA

[1/18/2010 10:49:43 AM] Trader: Would you like to be contacted by my Broker to discuss this?
[1/18/2010 10:51:14 AM] Adrian: if they would do that that would be fine with me but still leaves the problem..as i say for our competition..that we need a statement to verify

[1/18/2010 10:53:24 AM] Trader: You are making unreasonable demands .Why can you verify the trades with the Nija Trader Report? They are genuene and valid, please explain. The Challenge Rules specifies that all Brokers worldwide are accepted, does not imply that DEMO accounts have to be direct from the Broker !, Please confirm

[1/18/2010 10:54:47 AM] Adrian: if they are brokers then its fine ..like i say i have to investage this a little first
[1/18/2010 10:57:43 AM] Trader: My Broker may be able to generate the Demo trades statement, would that be acceptable?

[1/18/2010 10:59:28 AM] Adrian: that would be great if they could that would solve the problem can you request them to do it Al they won't give your statement to me only their client

[1/18/2010 11:01:21 AM] Trader: Understand, Trying to work this out.Would like to know why the Ninja Trader Report is not acceptable, there must be a reason.

[1/18/2010 11:02:56 AM] Adrian: simply because they don't receive the orders to trade the brokers do


[1/18/2010 11:04:07 AM] Adrian: look lets see what we can do over the next day or so then it'll be clearer what we can do

[1/18/2010 11:04:19 AM] Trader: The orders to trade are received by Zen-Fire, why don't you trust Zen-Fire the data provided.

[1/18/2010 11:07:07 AM] Adrian: Trader, Lets just try get the brokers answer first then we can move from there

[1/18/2010 11:08:11 AM] Trader: The Broker said they can only send a EXCEL Report with their Name , is that ok?

[1/18/2010 11:08:42 AM] Adrian: if its emailed directly from them i can have a look at it
[1/18/2010 11:09:21 AM] Trader: They said, there are too many trades and it does not fit in a normal Statement

[1/18/2010 11:09:54 AM] Trader: They said it is too costly but will like to know if an EXCEL Report is ok?

[1/18/2010 11:10:30 AM] Adrian: :) thats ok they must just have letterhead and emailed to me from their adress for me to confirm

[1/18/2010 11:11:24 AM] Trader: Will see what can be done need a few days. You have not explain why the Ninja Reports are not good enough for the DEMO trades and your demands are unreasonable and very unusual for a trading competition.

[1/18/2010 11:39:33 AM] Trader: My Broker said they can provide the EXCEL Letterhead Report but will email it to me the Client not to another third party, that is their policy. Please advice

[1/18/2010 2:36:25 PM] : Adrian : well the transaction report you sent unfortunately doesn't show any start balance and would need to be generated by the broker. If ninja trader is not the broker we then need the broker transaction report..can you email me the statement of global futures as confirmation of this ?

Obviously you are not familiar with that platform. Also Mark made a statement yesterday that proves my point. The Ninja Trader platform numbers the trades in a list and separates each lot. Therefore the first day of December the total trades were actually only 24 NOT 69 like it shows in the EXCEL Report or in the Transaction Report generated by the plarform. Then you stated that it looks like Algorithms, which is FALSE.

[1/18/2010 2:40:20 PM] Trader: So, the total trades does NOT average 400 per day like Mark stated yesterday, the actual average is much less.Example the first day of December. If you look at the left hand number column you can see that it goes up to 69 but you can also see that each Entry with the same price is separated and therefore is ONLY 24 trades not 69.

[10:40:35 AM] Trader: Quote: "Up till that point we had received screenshots which to our mind were not sufficient"

If you don't TRUST the " screenshots" why don't you see a live Log In into my Ninja Trader? Odviously that is not your intentions because your pre-judgments does not allow you to be fair minded. It is only an excuse Mr Adrian.

Will try to change my surname for you Mr Adrian , that is probably the real issue..

Review of CPI Report Day

Short from 1142.50 on Intraday Setup. Expecting this market to go down further.

Analysis Details available upon request.

Thursday,Jan 21:

Short from 1142.50 and 1146. Today's Low was 1110.25.

Analysis worked as expected and Vix Count was one of the clues that this market was going to break down. Position is open with a gain of

+ 35.75 points per contract.

Friday, Jan 22:

Short from 1146. Today's low was 1086.25.

One position closed at 1088 for + 54.50 pts profits

Monday, Jan 25 :

Short from 1146 on the last position. Today's low was 1089.75 and it was an NR6 Day and an Inside Day. The low was broken down during the after market Globex session.

The new low is now 1082, down on news out of Asia. This gap down will be closed tomorrow in the day session. At 11: 41pm est the last position was closed at 1082.25 for + 63.75 pts profits

There is a double Bullish divergence in the 60min MACD as the market has come back down to retest 1082 to make a double bottom.

Need to see the rating from a least 6 people, otherwise this is going to be the last post.

This is last post on this Blog.

Short Swing Position now + 15.75 pts in profits

Happy New Year !

What a great trade to end the year with. Short from 1126, see previous post.

Market did as expected and technical analysis scenario became reality.

The year's final session was again characterized by very light trading volume and only a trickle of news flow. While the day ended on a bearish note, equities capped a strong year (as outlined in the Market Performance section above) - the best since 2003 - and still ended the session near yearly highs. Emphasis was once again placed on the movement of the US dollar. The Dollar Index closed the session with a 0.1% gain (it ends the year with a loss of 4.1% but saw a strong recovery in December).

Looking back over the year, financials had a stellar performance when counting from the rally off the March lows. While the financial sector was up 'only' 14.8% for the year, it exploded roughly 250% off the March low where numerous widely-held bank stocks had traded as low as one dollar (and below).

When looking at the recovery rallies off the March lows (a 12-year market low), the major indexes themselves also produced stellar results this year: The Dow surged more than 3,800 points (59.3%) from its March 9 closing level; the S&P 500 exploded nearly 65% higher; the Nasdaq bolted 78.9%.

Today's economic data included the latest initial jobless claims (i.e., new claims for unemployment benefits) for the week ending December 26. While economists had been expecting to see 460,000 initial claims, the actual number came in at 432,000 (with claims falling by 22,000 from the prior week). While there were seasonal impacts (i.e., the Christmas holidays), the number was the lowest in over 15 months. A positive development was also seen for the number of continuing claims: Here, the number dipped below 5 million for the first time since February 2009 (with the number of continuing claims coming in at 4.98 million).

New Year 2010 the Year of the Tiger

On the last full trading session of the year, the S&P 500 and the Dow traded mostly in the red, but the indexes lifted in the afternoon and closed flat. Both indexes added a minute 0.02% for the session (for the week, the S&P 500 is currently up 0.73% while the Dow has gained 0.79%). Meanwhile, the NASDAQ 100 outperformed, climbing 0.35% today (the index is presently sporting a weekly gain of 2.13%).

Today's volume output on the S&P 500 was an anemic 1,780 million shares - 51% below the index's average daily volume production over the past three months.

The year's last full session brought little excitement and was again characterized by anemic volume (merely 650 million shares traded on the NYSE where the 50-day average is roughly 1.2 billion shares). The S&P 500 and the Dow spent most of the session mildly in the red but closed flat; the Nasdaq 100 was stronger, aided by strength in the semiconductor sector. A lack of leadership was again noted by the press.

The day's only notable economic data release pertained to the Chicago Purchasing Managers Index. According to the Institute for Supply Management, the latest ISM-Chicago data showed a pickup in production, new orders, and an improvement in the region's employment situation. The ISM-Chicago came in at a reading of 60.0 (beating economists' expectations), its best showing since 2006. The four-year high on the index shows that the US economy continues to recover, analysts commented.

Because of the dearth of noteworthy economic or corporate news releases, investors focused on the US dollar which ultimately gained 0.1% against a basket of major currencies.

Another sign that the fallout from the financial crisis is not over: The Treasury Department announced today that General Motors' former financing unit - GMAC Financial Services - will receive further government funding. $3.8 billion in cash will be pumped into GMAC to assist the company in dealing with its home mortgage business losses. Previously, GMAC had already received $12.5 billion in taxpayer money. The latest injection will boost the federal government's ownership stake in GMAC - from 35% to 56%.

Open Position: SHORT E-Mini S&P500 ( ES ) from 1126.

Short from 1126

Swing Position : SHORT

Now trading at 1119 + 7 points

SELL Signal worked like a champ, see previous post.

Although trading started on a bullish note today, a 'lack of leadership' was seen as the reason the indexes faltered later in the session. The rising US dollar (which gained 0.2% against a basket of key currencies) was also cited as a reason. The market was very quiet. For instance, the Dow's intraday range spanned a mere 36 points today, the narrowest range seen in almost three years!

The release of economic data appeared to have little impact on the direction of the major indexes today. On the housing front, October's data on the S&P/Case-Shiller Home Price Index came in close to consensus (actual value: 146.6; consensus estimate: 147.0). Meanwhile, the so-called Composite 20-City Home Price Index was down 7.3% in October (year-over-year), also close to the anticipated value (consensus: a 7.2% decline year-over-year). On a positive note, that value represented the slowest rate of decline seen in two years.

No surprises surfaced in regard to the latest reading on consumer confidence either. The index that tracks consumer confidence produced a reading of 52.9 (consensus estimate: 53.0). Although the current readings are well above their historic low of 25.3 seen in February 2009, consumer confidence values remain still well below levels that would signal a robust economy (a reading of 90 or higher would be required).

Breakout to New Highs

Noticed how often the market gaps opening higher , then does nothing all day . Also notice when the market closes that nearly 100% of the net gains had been put in... One wonders why the market opens at all some days.

100% of the markets recent gains have come from the overnight market (gap opens) and without them, the market would have been flat for three months.

The market has climbed steadily higher despite increasingly declining trading volume and consistent and material withdrawals from domestic equity mutual funds. Furthermore, if anyone was merely looking at the trading action in regular hours, one would think there was absolutely no profit made since early September.


The followers of this market will immediately realize what this implies: not only is there no volume breadth to the recent move in the markets, but the actual push higher likely occurs on at most tens of thousands of futures contracts on a daily/weekly basis. The fact that literally several blocks of AH trades, used persistently, can move the market higher by 6% over the past 3 months, even as regular trading accounts for absolutely no part of this move, and that the SEC finds nothing troubling about this phenomenon, should be sufficiently telling about how "efficient" US markets have become.

New home sales on Wednesday toppled like a drunk at an open bar ! New home sales crashed 11% in November to a 355,000 annual rate, which are 60,000 below low estimates! The hit includes downward revisions of 42,000 to the prior two months, which means the prior data were either put together by incompetent government boobs or were simply lies. No surprise there.


Tech issues outperformed again Thursday in a very slow session marked by anemic volume and decreasing volatility. Because of a lack of corporate news releases, investors focused largely on economic data releases.


The Labor Department reported a larger-than-expected decline in initial jobless claims (newly laid-off workers filing claims for unemployment). Compared to the previous week, these dropped from 480,000 to 450,000, better than the consensus estimate of 470,000. Although the labor market overall is still considered to be weak, today's data is encouraging as initial jobless claims are now at their lowest level since the fall of 2008. However, the impact of temporary holiday employment and low wages is hard to gauge and factor into seasonal adjustments. According to economists, initial claims numbers consistently below 425,000 (for at least several weeks) would be required in order to signal a stronger labor market (and an economy that is actually generating new jobs rather than just losing employment at a lesser rate). By the way most of those jobs been created are low wages or minimun wage, low skills, service jobs in Walmart, McDonals or Pizza delivery !


The Commerce Department reported that big-ticket durable goods orders to US factories were up 0.2% in November. While the overall increase was below economists'' expectations (for a 0.5% gain), orders were up 2% when transportation orders are excluded. Transportation suffered from a plunge in commercial aircraft orders and from slumping demand for motor vehicle parts. More orders however came from other sectors such as machinery, primary metals, as well as from computers and electronic products.


Two signs of more lingering after effects from the financial crisis / recession: In a rare Christmas Eve vote in the Senate, the US government debt ceiling has been raised by $290 billion to a total of $12.4 trillion. Further, the Treasury Department announced that it has removed a $400 billion financial cap on the money it is willing to lend to keep certain companies in business. Instead of capping the amount of funds it provides, the Treasury Department said it will start using a more flexible formula, basing the amount of support on how much a firm loses per quarter.

Beleaguered mortgage guarantors Fannie Mae and Freddie Mac (who purchase home loans from lenders and sell them to investors) are key beneficiaries of the changed procedures. Fannie Mae and Freddie Mac together own / guarantee close to 31 million home loans worth about $5.5 trillion, equating to roughly half of all US mortgages.

Osc. DownCrossed SELL Signal : Sold E-Mini S&P 500 at 1122 on the close of Thursday December 24.