If you want a FREE trading system that works and is based on rigorous scientific principles then I generously reprint the Rich Tea Trading System.
I have had emails from around the world from previously broken traders who have discovered the Rich Tea System and made it their own.
Exciting new variants.
A trader from Quebec, reporting sensational results, has been using the system for EOD trading using
Jacobs Cream Crackers. Apparently this type of biscuit suits the longer time frame.
Another refinement is the
Garibaldi retracement method
Before entering a position take a fresh Garibaldi, and without hesitation dip and dunk as below.
The percentage of the piece of biscuit that remains in your fingers is the Garibaldi retracement. These biscuits actually are designed for trading because you will notice they already have little marks on them which will help with the calculations. Wait for the market to retrace to this level then dunk your regular biscuit to determine the entry. Isn't that fantastic? This one was sent in by Konrad from Moscow.
Here is the original method again.
1. Just before the open make a nice cup of tea - I find PG Tips as good as any.
2. Take a fresh packet of Rich Tea biscuits and remove one and keep at the ready.
3. Wait for the first minute candle to form then dunk the biscuit in the tea about halfway and hold in the hot liquid for approx 5 seconds.
4. Gently lift the biscuit from the tea and hold above the cup.
5. This is the important bit: If the dunked half falls back into the cup then SHORT at market, if it remains intact then go LONG. Try and time step no. 5 to coincide with the third candle.
6. Now make another fresh cup off tea, sit back and watch and exit on the completion of the 8 minute candle.
7. If successful then repeat steps 3 - 5 again as many times as you like or until you run out of biscuits.
Some info on Garibaldi and his place in the Universe.
A complete one off, the Garibaldi biscuit is unlike any other, and as such commands a unique position in the biscuit world.
Where do I begin, its got more currents in it than even a fruit shortcake. They come in big slabs with little marks where you are supposed to break them up. Its almost like they are shipping in kit form, and it requires a little extra bit of engagement from the biscuit eater.
They seem somehow flatter than other biscuits and their glaze gives them a high specular index.
Affectionately known as dead fly biscuits, yet again the sheer fact they have a nick name marks them out from their other biscuit brethren.
For more biscuit knowledge check out
Biscuit of the Week
The above strategy is intended for educational purposes only and trading with scalding hot liquids can result in a nasty accident.
:cheesy::cheesy::cheesy: