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BiancaTrends combines several forms of technical analysis to provide traders a forecast of support and resistance levels.
A daily scan of the BiancaTrends levels has already become a ritual for many traders!

Updated 8pm UK and European shares/Indices. BiancaTrends Analysis - Indices and FT100 Shares
By using this site you agree to the disclaimer* below.

BIANCABOT is a partially automated trading program which has been developed by the authors of this website and assisted by Derren Browning, a programmer and part time investor. The USP of the software is that it automatically scans the internet for news and views on all kinds of assets and tries to get ahead of the game when spotting opportunites. It is primarily an experiment in AI and is NOT ADVICE and no claims are made about future performance.
Trade sizes are scaled according to a unique risk/reward algorithm with asset risk being rated relative to GOLD. Trades are proved in real time by posting them on the iii.co.uk discussion page for the asset bought. BIANCABOT is NOT a short term "trader" but strategic and therefore can be expected to be holding assets from a few weeks to a year+.

There are a lot of clowns out there claiming all sorts of brilliant trades but unless all trades are proven in real time then you can forget them!
Click on "IG Mid sp" price for time stamped proof of open.
Click the "Close" price for time stamped proof of close.
£Alloc is the amount initially allocated to each trade with the total £Alloc being the current allocation for all OPEN trades.
Closing prices are 4:30pm mid prices from IG Index. ( Gold, Silver and Bitcoin prices are 4:30pm. On Friday it will be the week's closing prices )
The RISK column is a number in the range 0-100 and used to determine allocation of trade size relative to GOLD. The risk value will then be left unchanged.
*Profit figures are quoted excluding dealing costs as these vary so much across platforms. BiancaBot is not "day trading", so effects will be minimised.
Return on capital ROC% is the percentage of profit divided by the peak total money allocated i.e. (Profit for year / Maximum capital employed for that year).

 
TIME
SHARE
IG Mid sp
Close 22/08/17
Mid to Mid
IG buy sp
Status
Risk
£Alloc
£+/- *
28 July 2017 09:12
AUD/USD (currency)
7920.0
-0.61%
7968.4
Open
11
8,182
-50
24 July 2017 09:13
Blue Prism (PRSM)
966.70
16.86%
831.1
Open
63
1,429
241
11 July 2017 08:40
IDOX
62.05
5.17%
59.9
Open
71
1,268
66
04 July 2017 10:39
SHORT BITCOIN
3911
-49.90%
2604
Open Short
46
1,957
-976
04 July 2017 09:10
SILVER (USD)
17.03
5.71%
16.12
Open
15
6,000
343
03 July 2017 16:53
GOLD (USD)
1287.10
5.36%
1221.79
Open
9
10,000
536
03 July 2017 10:55
Hurricane Energy (HUR)
28.90
-12.64%
33.33
Open
71
1,268
-160
30 June 2017 10:21
Sirius Mineral (SXX)
27.73
-6.16%
29.67
Open
60
1,500
-92
29 June 2017 11:26
IQE (IQE
130.05
55.43%
84.06
Open
70
1,286
713
28 June 2017 08:38
IQE (IQE)
31.98%
85.31
Closed 25/7 09:27
70
1,286
411
26 June 2017 09:39
Breedon (BREE)
89.80
5.34%
85.50
Open
65
1,385
74
TOTALS
 
 
 
 
 
 
 
34,272
1,104
Return on Capital  (since 26/6/2017)  : 3.22%
BiancaBot Total Profit Chart awaiting update

Notes from the BIANCABOT author: Tuesday 22nd August 2017:

BIANCABOT Portfolio ...gained £76 today to stand at +£1104

The stock markets were quite strong today, partially on a stronger USD which helped UK exporters.

The majority of the Portfolio is quite stable currently which is always a good sign. A breather for the better performing shares before they make another leg higher.

The exception is BITCOIN of course which for adrenaline jumkies must be a God send - however the Portfolio is for profit and not adrenaline so it is still a worry. The price dropped 10% in the middle of the night only to recover most of it during the day. It is certainly a strange beast!
The gossip is the governments want to "legalise" BITCOIN which initially sounds positive for the price but in reality it means the governmets want to "regulate" it which is negative. This is so they can track the money through the exchanges and force capital gains tax etc. on traders.

Good Luck All
"The markets are full of Piranhas, so make sure you don't get eaten!"
If you wish to contact me directly you can at barcap@hotmail.co.uk


Notes from the BIANCABOT author: Monday 21st August 2017:

BIANCABOT Portfolio ...gained £66 today to stand at +£1028

The stock markets have been negative over the last few days so the Portfolio is doing well to be moving up slightly.

IQE continues to impress with its strength and after some healthy profit taking has moved up today in a weak market. The strategy was always to hit a 10x bagger and maybe this is the one!

Good Luck All
"The markets are full of Piranhas, so make sure you don't get eaten!"
If you wish to contact me directly you can at barcap@hotmail.co.uk


Notes from the BIANCABOT author: SATURDAY 19th August 2017 and WEEKEND summary:

BIANCABOT Portfolio ...gained £85 today to stand at +£962

The stock markets have been quite soft this week with Korean worries fading but USA civil unrest and Trump's behaviour worrying investors. The USD is seen by many as falling a lot further strategically and foreigners ( to the USA ) are starting to look elsewhere to store their hard earned cash and this includes BITCOIN.

Most major currencies in general are still being weakened across ther world with a race to the bottom ...as countries try to reflate their economies. This is good for borrowers but bad for savers as the more money that is printed the more real inflation picks up. The wobble at the moment could be the start of something bigger as we enter the "crash season"!

In terms of the BIANCABOT Portfolio my 3 month review will be done around the end of September - this is a long enough time to get some views on it's performance. My gut feel is that the software ( which tries to pick up news around the world on companies ) is probably better for smaller companies - the reason being it can find news before the general public and city boys can. The reverse of this is currencies and FT100 companies where it is hard to get an edge on other research institutes as news is very public and many, many traders are watching for breaking news. This is born out in the performance so far - smaller AIM companies have done really well, especially IQE and Blue Prism but the big currency trades like BITCOIN and AUD/USD are not performing too well.

The maximum cash used so far at any one time is about £35,000 and the current profit is £962 in about 2 months of BIANCABOT trading so annualised this is about 16% per annum pro rata. This is a good figure and even though BITCOIN is hitting her hard I am pleased with results so far.
In terms of BITCOIN I still expect a major wobble downwards as all the YouTube videos and commentary seems to indicate 99% of investors think it is a one way street upwards - as we know that is a warning sign! Obviously with hindsight it would have benn nice to trade out at 1900 when we had the chance but BIANCABOT is a strategic thinker not a trader - I leave that to the adrenaline junkies who sit at their computers all day wasting away their lives. I spend most of my time on the beach or walking in the Purbecks!

Anyway, I am off to watch Bournemouth play Watford at Dean Court ( and I supported them from bottom of League 2 to the Premiership ) so the current situation is a dream. Who would have thought we would be having Manchester United ( spit ) and Chelsea ( urgh ) at Dean Court!
Sometimes dreams do come true!

Good Luck All
"The markets are full of Piranhas, so make sure you don't get eaten!"
If you wish to contact me directly you can at barcap@hotmail.co.uk


Notes from the BIANCABOT author: Thursday 17th August 2017 :

BIANCABOT Portfolio ...gained £160 today to stand at +£877

A fairly uneventful day today with most portfoilio assets moving sideways. Portfolios should not be exciting if you are a serious investor but make you money while you sit on the beach

I shall be doing a review of performance of the BIANCABOT software soon in an effort to improve profits for the future. It needs at least 3 months just to get an idea of what is going right ( and what is going wrong )

Good Luck All
"The markets are full of Piranhas, so make sure you don't get eaten!"
If you wish to contact me directly you can at barcap@hotmail.co.uk


Notes from the BIANCABOT author: Wednesday 16th August 2017 :

BIANCABOT Portfolio ...lost £204 today to stand at +£717

BITCOIN continues to prove to be a problem but it is a case of waiting until reality strikes!

Some profit taking in IQE dented it's price today but nothing mor ethan expected.

Good Luck All
"The markets are full of Piranhas, so make sure you don't get eaten!"
If you wish to contact me directly you can at barcap@hotmail.co.uk


Notes from the BIANCABOT author: Tuesday 15th August 2017 :

BIANCABOT Portfolio ...gained £56 today to stand at +£921

A strong USD was the main feature today with GOLD, SILVER and USD taking a bit of a hit. This is probably just a short term recovery in a longer down trend in my opinion.

BITCOIN has been very choppy all day with a biggish break to the downside in the afternoon. Goldman Sachs are again interferring with the market by making predictions about up coming price movements. As BITCOIN has no fundamentals most of the investors (gamblers?) just use charting signals to know when to get in and out.
Soon the Tulip mania will hit reality and people will realise there is no fundamental value. I may be wrong but time will tell.

Blue Prism (PRSM) and IQE have been stella perfomers and are actually accelerating upwards - these are ones to hold for the longer term and become 10X baggers I believe

Good Luck All
"The markets are full of Piranhas, so make sure you don't get eaten!"
If you wish to contact me directly you can at barcap@hotmail.co.uk


Notes from the BIANCABOT author: Monday 14th August 2017 :

BIANCABOT Portfolio ...lost £433 today to stand at +£865

BITCOIN continues to dominate and shorting a beast like this was always going to be risky! BIANCABOT does not double down nor use stops so strategically it is still a hold. Maybe it will destroy BIANCABOT's Portfolio but cutting and running now seems rather weak. Unless BITCOIN appears to have true value I still see it as a very pretty tulip that evenyone wants to buy - and we all know what happened next!

Good Luck All
"The markets are full of Piranhas, so make sure you don't get eaten!"
If you wish to contact me directly you can at barcap@hotmail.co.uk


Notes from the BIANCABOT author: Friday 11th August 2017 :

BIANCABOT Portfolio ...lost £156 today to stand at +£1298

The international tension in the Pacific continued to dominate.

GOLD and SILVER continue to be solid while shares in general are weaker, except for IQE which continues to move higher

BITCOIN reminds me of the "Big Short" film - I'm convinced it will collapse but margins are getting squeezed

Good Luck All
"The markets are full of Piranhas, so make sure you don't get eaten!"
If you wish to contact me directly you can at barcap@hotmail.co.uk


Notes from the BIANCABOT author: Thursday 10th August 2017 :

BIANCABOT Portfolio ...gained £117 today to stand at +£1454

The international tension in the Pacific continued to help the BIANCACBOT Portfolio . In times of potential war the precious metals like GOLD and SILVER are a safe haven.

IQE and PRSM have both gained recently on talk of better contract deals coming.

BITCOIN continues to frustrate, but it's a case of hold on through the hype. A couple of the "hindsight" trading experts questioned why I didn't sell when it dropped to 2000 - but of course its only obvious AFTER the event.

Good Luck All
"The markets are full of Piranhas, so make sure you don't get eaten!"
If you wish to contact me directly you can at barcap@hotmail.co.uk


Notes from the BIANCABOT author: Wednesday 9th August 2017 :

BIANCABOT Portfolio ...gained £460 today to stand at +£1337

The international tension in the Pacific has helped the BIANCACBOT Portfolio fight back today. In times of potential war the precious metals like GOLD and SILVER are a safe haven.

AUD/USD suffered however as the potential war tensions have a negative effect on economies in that area

BITCOIN is playing out much as expected ( read my previous posts ) .....yes, it does look a bit smelly to me! Surely Goldman Sachs are 100% honest?!

Good Luck All
"The markets are full of Piranhas, so make sure you don't get eaten!"
If you wish to contact me directly you can at barcap@hotmail.co.uk


Notes from the BIANCABOT author: Tuesday 8th August 2017 :

BIANCABOT Portfolio ...gained £114 today to stand at +£877

The USD made for a volatile afternoon with economic data hitting a GOLD and SILVER rally - however they eventually pushed up later in the day

Longer term most of the BIANCABOT trades are geared up for a weakening USD so when the dollar strengthens we tend to get hit short term, but hopefuuly longer term it will be profitable.

BITCOIN continues to move quite erratically and has pretty much clipped the Goldman Sachs target I mentioned yesterday of 3500-3600
I wonder sometimes if the BITCOIN markets are being manipulated by the governments - they hate cryptos so to destroy it would be good for them.
The usual manipulation technique is to gradually take it higher over months, which will pull in all the mug punters - then crash the price by hitting it with shorts in the middle of the night when volume is low!
The idea being so many people lose money on an asset that people are scared to touch it again - it will be interesting to see what happens and of course I could be totally wrong.

Good Luck All
"The markets are full of Piranhas, so make sure you don't get eaten!"
If you wish to contact me directly you can at barcap@hotmail.co.uk


Notes from the BIANCABOT author: Monday 7th August 2017 :

BIANCABOT Portfolio ...lost £345 today to stand at +£763

BITCOIN is the main talking point today.
With a value over $50 BILLION one has to wonder where the value is? The block chain may be able to up its transaction handling to over 10 transactions per second now with the architectural changes - and this is world wide!
Goldman Sachs started pushing BITCOIN to people last week suggesting a target price of 3500-3600. It looks like we could clip that by the end of today
When Goldman Sachs starts selling you stuff ( i.e. stuff they recommend ) the I get a whiff of a bad smell. You only need to look back to sub prime and what they did in that case.
I can't say too much for legal reasons but maybe Goldman Sachs may turn seller of BITCOIN when their target is reached.
Who knows but it's a murky world out there.
Fortunately BIANCABOT is an unemotional girl and will hold for the eventual partial collapse of BITCOIN .....I'm sure other shorters are getting nervous but BIANCABOT has no emotions so will not be closing soon!

Good Luck All
"The markets are full of Piranhas, so make sure you don't get eaten!"
If you wish to contact me directly you can at barcap@hotmail.co.uk


Notes from the BIANCABOT author: Saturday 5th August 2017 :

Today I will just write a small piece about linear versus LOGARITHMIC charts.

A "linear" chart is what most people use and it is where the vertical axis is evenly spaced for a certain move up in a share price.

A "logarithmic" chart is where the vertical axis is spaced on PERCENTAGE move from the current price. A good example is where a share may go from 5p to 10p so that is a 5p rise and therefore a 100% move. Then due to massive growth over 5 years the share goes to 100p. Now a 5p rise is only 5% upside! It would need a 100p rise to have another 100% move up.

Also you may see linear charts that seem to go exponential and look very spikey - however on a logarthmic chart it will be a straight line. So a company that grows at 20% every year will look possibly overpriced on a lineasr chart but totally sensible on a logarithmic chart. The danger is to feel it is overpriced and then sell but in percntage terms it is just growing at sensible rate. My experience is to use linear and logarithmic charts. If you feel a share is going too high too fast then check the logarithmic chart and see if it is a straight line in which case the growth rate is constant and probably worth holding.
I have drawn a couple of trend lines on the FT100 since 1984 - the first is a linear chart and the second is a logarithmic chart. As you can see it is not overbought at all on the log chart and may just be on trend on the linear chart.
BiancaBot Total Profit


Good Luck All
"The markets are full of Piranhas, so make sure you don't get eaten!"
If you wish to contact me directly you can at barcap@hotmail.co.uk


Notes from the BIANCABOT author: Friday 4th August 2017 :

BIANCABOT Portfolio ...lost £416 today to stand at +£1108

The BIANCABOT Portfolio took quite a big hit today - primarily because it is biased towards a weak US Dollar and today the dollar bounced on strongish economic data.

So the unhedged positions in GOLD and SILVER took some losses as well as AUS/USD and BITCOIN SHORT which grinds higher.
BITCOIN was always going to be a roller coaster ride but my view it is virtually worthless in the longer term so some huge correction is due at some point. It takes some guts to hold but BIANCABOT is not signalling to sell yet.

I am working on some FPL ( Fantasy Premier League ) software over the weekend but will try and write a few notes on my general portfolio views before Monday

Good Luck All
"The markets are full of Piranhas, so make sure you don't get eaten!"
If you wish to contact me directly you can at barcap@hotmail.co.uk


Notes from the BIANCABOT author: Thursday 3rd August 2017 :

BIANCABOT Portfolio ...lost £203 today to stand at +£1524

Another day with little moves apart from SILVER which became quite volatile and dropped a few cents.
SILVER and GOLD tend to get affected by interest rate sensitive news and therefore with interest rate meetings today it was unsurprising it moved around 30 cents today which is nearly 2%. It will be no easy ride staying calm with the SILVER holding but the governments manipulate the price hugely and try everything in their power to make investors sell. Economically they prefer gold and silver to be low but market forces will overwhelm them eventually.

AUD/USD is linked to commodity prices so also suffered today by a small amount.

BREEDON AGGREGATES quietly grinds higher with low volatility, which is always a good sign. It may be a boring stock but sometimes that is where the value is!

Good Luck All
"The markets are full of Piranhas, so make sure you don't get eaten!"
If you wish to contact me directly you can at barcap@hotmail.co.uk


Notes from the BIANCABOT author:Wednesday 2nd August 2017 :

BIANCABOT Portfolio ...gained £50 today to stand at +£1727 which is another new high!

The Portfolio continues to move up hitting new highs almost on a daily basis.
BIANCABOT software sits scanning the internet all day for news, tips, views and gossip. The idea is to pick up on any early events which could move a share price.

Currently this revolutionary system is performing excellently and outperfoming most markets and tipsters.

Good Luck All
"The markets are full of Piranhas, so make sure you don't get eaten!"
If you wish to contact me directly you can at barcap@hotmail.co.uk


Notes from the BIANCABOT author:Tuesday 1st August 2017 :

BIANCABOT Portfolio ...gained £197 today to stand at +£1677 which is another new high!

The Portfolio continues to move up hitting new highs almost on a daily basis.
BIANCABOT software sits scanning the internet all day for news, tips, views and gossip. The idea is to pick up on any early events which could move a share price.

Currently this revolutionary system is performing excellently and outperfoming most markets and tipsters.

Good Luck All
"The markets are full of Piranhas, so make sure you don't get eaten!"
If you wish to contact me directly you can at barcap@hotmail.co.uk


Notes from the BIANCABOT author: Monday 31st July 2017 :

BIANCABOT Portfolio ...gained £4 today to stand at +£1480

The Portfolio consolidated today with SILVER adding profits and BITCOIN taking it away again! BIANCABOT has no current view on BITCOIN but is slightly biased to the downside. So the position will be maintained as I expect a big move down at some point when it dawns on people that BITCOIN has little value! (In my humble opinion)

Good Luck All
"The markets are full of Piranhas, so make sure you don't get eaten!"
If you wish to contact me directly you can at barcap@hotmail.co.uk


Notes from the BIANCABOT author: Friday 28th July 2017 :

BIANCABOT Portfolio ...lost £54 today to stand at +£1474 but for the first month the results have been very promising!

9:12am AUD/USD added today - a play on a strengthening Australian economy related to commodity prices rising and weakening US dollar.

BITCOIN continues to pull in the naive and greedy, but it's worth watching this video which shares my views totally...

Good Luck All
"The markets are full of Piranhas, so make sure you don't get eaten!"
If you wish to contact me directly you can at barcap@hotmail.co.uk


Notes from the BIANCABOT author: Thursday 27th July 2017 :

BIANCABOT Portfolio ...gained £100 today to stand at +£1528 which is another new high!

GOLD and SILVER were strong today on US dollar weakness and concerns the US economy could weaken leading to fewer rate rises than expected.

There was little action elsewhere with BITCOIN getting volatile leading up to the August 1st hard fork.

Good Luck All
"The markets are full of Piranhas, so make sure you don't get eaten!"
If you wish to contact me directly you can at barcap@hotmail.co.uk


Notes from the BIANCABOT author: Wednesday 26th July 2017 :

BIANCABOT Portfolio ...lost £26 today to stand at +£1428

BITCOIN - the price slid again today due to a section of miners moving to BITCOIN CASH on August 1st which will result in a "hard fork" which means there will be 2 types of bitcoin!
The BITCOIN community pride themselves on honesty and openess however the big banks are starting to move into the Crypto space and that can only result in a reduction in honesty and openess! It is a shame as it is a great idea but the governments and their bank "pals" will make sure they take all the profit. To kill BITCOIN it is my opinion they will let it rise ( which it has already ) and then force it to crash - this way it will be killed off without people realisng the governments were involved!

Gold and Silver are stable while the AIM shares move up and down on a daily basis, but when long term investmets are considered this is worth ignoring.

Good Luck All
"The markets are full of Piranhas, so make sure you don't get eaten!"
If you wish to contact me directly you can at barcap@hotmail.co.uk


Notes from the BIANCABOT author: Tuesday 25th July 2017 :

BIANCABOT Portfolio ...gained £161 today to stand at +£1454 which is another new high!

At 9:27am I closed one of the IQE positions at 111.92p mid ( on IG index ) for a gain of 31.98% ( mid to mid ). This was to rationalise it to one remaining position and was executed into what appears to be a spike up.

BITCOIN - it appears the smooth transition on August 1st is being put in danger by some Chinese miners, brokers who own a large percentage of the BTC market. So something called BITCOIN CASH may be hard forked out. This is the reason BITCOIN is dropping. Fortunately BIANCABOT is short so the more of a mess up the better! Maybe looking to exit around July 31st but will monitor closely

Good Luck All
"The markets are full of Piranhas, so make sure you don't get eaten!"
If you wish to contact me directly you can at barcap@hotmail.co.uk


Notes from the BIANCABOT author: Monday 24th July 2017 :

BIANCABOT Portfolio ...gained £91 today to stand at +£1293 which is yet another new high!

BIANCABOT has selected Blue Prism (PRSM) and the trade (at 9:13am) is added to the table above along with timestamp proof on iii.co.uk.
They are a UK multinational software corporation that pioneered and makes enterprise Robotic Process Automation software to eliminate low-return, high-risk, manual data entry and processing work.

GOLD and SILVER continue to be solid on a weak US Dollar

BITCOIN is a very wild animal and is probably the biggest danger to the portfolio currently. It was selected on the premisss that August 1st would see a BITCOIN low, however it appears SegWit was probabaly agreed this weekend ahead of schedule. One to monitor closely but August 1st could still be a good time to exit.

AIM shares have mainly proved very solid - BIANCABOT likes intellectual or fast growth companies and until now has proved a good strategy. The portfolio is slightly overweight AIM and so BIANCABOT will look to diversify.

Good Luck All
"The markets are full of Piranhas, so make sure you don't get eaten!"
If you wish to contact me directly you can at barcap@hotmail.co.uk


Notes from the BIANCABOT author: SATURDAY 22nd July 2017 :

As it is the weekend I thought I would give you some of my general thoughts about the markets and trading rather than specifics of BIANCABOT's current holdings.
I have worked for "City" companies and have also been a professional financial coder working on large financial trading and risk management systems.
My views are my own thoughts and are not advice or may not be factual. The first thing to realise is that when there is large amounts of people's money around then the criminals will move in and try and get a cut. This is a true in the City as it is in drugs dealing or large scale crime. People ( investors/traders in our case ) are seen as the target and every effort will be made to relieve them of their cash, in some cases legally but also illegally. If you don't believe me then just scan the internet and you will see numerous stories of manipulation, theft and deception by companies, big city firms and also governments. At the lower end of the scale are the 'street drug pushers' and I see these as the tipsters who will charge you money for tips which frankly are no better than random in most cases. My question to them is if they are so good at making profit why aren't they using their own tips to make vast fortunes rather than selling them to naive and unsuspecting victims.

Those who know me will not be surprised that I am on the side of the public trader/investor and I never look to gain from them either finacially or morally. I enjoy developing systems which can (maybe) outwit the big city boys and perhaps level the playing field a bit. BIANCABOT is my latest software and is based on vast research into charting, human behaviour and economics. My view on charts is that in general they don't work - I have backtested for months just about every system and I am sure now that a chartist will never outperform the markets over the longer term. Also I have investigated the effects of buy/sell spread and commissions and can safely say that people who day trade will find it even more difficult to make a profit as the costs soon eat into any profit. Also the big trading companies love it when people use STOPS - do you often wonder why your stops get taken out and then the market magically turns on a sixpence! Yes, they know where all the automatic stops are lodged and so it's an easy game for them. It's mainly done in the night when volume is low and markets can be manipualted by relatively small amounts of money - that's why we have seen some flash crashes recently - it's like a STOP waterfall. Prices just keep falling until the next set of STOPS get triggered.

Hopefully my website is of use and maybe we can out fox the big boys! There are big things to come ...and soon I hope to have some video broadcasts. I may have a guest or two so this may include you!

Good Luck All
"The markets are full of Piranhas, so make sure you don't get eaten!"
If people wish to contact me directly they can at barcap@hotmail.co.uk


Notes from the BIANCABOT author: FRIDAY 21st July 2017 :

BIANCABOT Portfolio ...gained £93 today to stand at +£1202 which is another new high! (updated gold, silver, bitcoin closing 11pm prices)

Report to follow on Saturday ...

Good Luck All
"The markets are full of Piranhas, so make sure you don't get eaten!"


Notes from the BIANCABOT author: THURSDAY 20th July 2017 :

BIANCABOT Portfolio ...gained £541 today to stand at +£1109 which is another new high

BITCOIN pushed a lot higher unfortunately. It maybe to do with a significant milestone in SegWit or Goldman Sachs are moving in on digital currencies.

GOLD and SILVER pushed higher. There is some nervousness about the US dollar and possibly Japanese YEN so safe haven status

IQE had a brilliant company release with the order book looking positive. Suppliers are not allowed to say if they have an order with Apple but the signals are they have.

BREEDON also had a brilliant company release. Turnover up about 100% and net profits up around 50%

Good Luck All
"The markets are full of Piranhas, so make sure you don't get eaten!"


Notes from the BIANCABOT author: WENNESDAY 19th July 2017 :

BIANCABOT Portfolio ...gained £88 today to stand at +£568 which is a new high

BITCOIN has strengthened on the back of a higher percentage of miners and exchanges adopting the new architecture ahead of schedule. BIANCABOT is still negative longer term but a shame we didn't take the short term profit below 1900! However longer term I just can't see the value in this asset.

GOLD and SILVER continue to strengthen on US dollar nerves - could the interest rate cycle stall?!.

The AIM shares are behaving as expected - it just requires a strongstomach sometimes to stick with your longer term views.

Good Luck All
"The markets are full of Piranhas, so make sure you don't get eaten!"


Notes from the BIANCABOT author: TUESDAY 18th July 2017 :

BIANCABOT Portfolio ...lost £40 today to stand at +£480

BITCOIN is extremely volatile and is hitting back. A suckers rally - maybe! With August 1st architecture change I can't see how people would pile in much more at this level. However it's not much different than putting a few quid on the nags head in the 3:15 at Chepstow. It could win, it could fall over. No one knows

GOLD and SILVER are really a hedge against a weak dollar. They are pushing up nicely.

The AIM shares will jump around from day to day but we are looking at the longer term on these

Good Luck All
"The markets are full of Piranhas, so make sure you don't get eaten!"


Notes from the BIANCABOT author: MONDAY 17th July 2017 :

BIANCABOT Portfolio ...gained £349 today to stand at +£520
Another push forward by BIANCABOT with a profit of over £500 now.

Patience is the key - she is a steady lady and is in it or the long term. The "fast Harry" brigade who want to day trade in and out for adrenaline I'm afraid are not her cup of tea!

BITCOIN continues to gain volatility - maybe a few punters got pulled in sub 2,000 but in my opinion it's a suckers rally. BIANCABOT will be waiting a bit longer to try and get something around the 1500 mark.

GOLD and SILVER continue to build on strength and maybe some of the crypto currency money is going into real assets as opposed to digital money!

Short report today - the new house needed plenty of painting!
"The markets are full of Piranhas, so make sure you don't get eaten!"


Notes from the BIANCABOT author: SUNDAY 16th July 2017 :

I find the whole BITCOIN "thing" quite amusing as it feeds both the greedy, stupid and neurotic!
The pro BITCOIN brigade go on about how it circumvents government intervention and can not be diluted like the Fiat currencies - mainly USD and GBP.
The anti BITCOIN briagade tend to be fearful of losing control of "money" as governments can not manipulate it and it may be used for crimanal activaty as it is largely non traceable. I can see both sides of the argument but ultimately this commentry is about BIANCABOT trading these assets so the underlying political views are largley irrelevent.
The BITCOIN trade is largely becoming a 'timing' trade as opposed to a chart 'support level' trade and therefore BIANCABOT has no sell level but it does have a date trigger level which will be near August 1st.

No investor/trader can get 100% winning trades ( and anyone who claims otherwise is either extremely rich or a liar ) but the logical approach is to diversify investments and hope that the winning trades outperform the losing trades therefore giving an overall profit per year - which outperforms the underlying global markets.
In particular AIM shares can go to zero or go up 2x, 3x 10x ....so BIANCABOT may hit a few duds but the aim is to also hit a few 10x so that overall the profits are respectable.

Have a great Sunday
"The markets are full of Piranhas, so make sure you don't get eaten!"


Notes from the BIANCABOT author: FRIDAY 14th July 2017 :

BIANCABOT Portfolio ...gained £252 today to stand at +£171

LONG GOLD and SILVER, combined with SHORT BITCOIN is starting to pay divedends and in effect are hedged against each other, largely being a weak US dollar play.

The AIM shares as expected are quite volatile and I see these as 6-12 month plays. No one can successfully day trade these kind of shares so it's a matter of trying to pick the long term winners and stick with them.

Have a great weekend
"The markets are full of Piranhas, so make sure you don't get eaten!"


Notes from the BIANCABOT author: THURSDAY 13th July 2017 :

BIANCABOT Portfolio ...lost £5 today to stand at -£81

IQE - The best knowledge of IQE and it's technolgy can be found from Dave Sweeney who posts on the iii.co.uk boards.

GOLD and SILVER fell back slightly after benefitting from a slightly dovish statement from the US yesterday. 1220 abd 16.00 are key levels and to push on up we need a close above these levels soon hopefully.

BITCOIN: People are still buying on the dips but I feel the August 1st date could prove expensive for them. Shorting BITCOIN is dangerous but the new architecture roll out could make people very nervous as we approach the end of July!

Good Luck All
"The markets are full of Piranhas, so make sure you don't get eaten!"


Notes from the BIANCABOT author: WEDNESDAY 12th July 2017 :

BIANCABOT Portfolio gained £155 today to stand at -£76

GOLD and SILVER gained from favourable USA economic data

BITCOIN: The Tulip sellers appear to be on the run...!



Good Luck All
"The markets are full of Piranhas, so make sure you don't get eaten!"


Notes from the BIANCABOT author: TUESDAY 11th July 2017 :

BIANCABOT Portfolio gained £81 today to stand at -£231

IDOX was bought by BIANCBOT this morning. Engineeering data provider using cloud technologies. Major sell off recently so bottom fishing!

BITCOIN - The August 1st changeover for BITCOIN to its new architecture is now starting to worry some of the BITCOIN holders.
There is talk that if things don't quite go to plan then some BITCOINS could actually be lost ( for ever ) ...and as no one regulates BITCOIN there is no one to get your money back! Yes, the anarchy boys wanted their countryless currency that was anonymous but when it all goes wrong who will they turn to!!
I can see further selling into August 1st but possibly this could be the bottom?!


Good Luck All
"The markets are full of Piranhas, so make sure you don't get eaten!"


Notes from the BIANCABOT author: MONDAY 10th July 2017 :

BIANCABOT Portfolio gained £250 today to stand at -£312

GOLD (AND SILVER) have taken a bit of a battering recently so the BIANCABOT positions have been quite volatile.
The key is that market bottoms do tend to be volatile and the hope is that this is near the bottom for preciuos metals. Catching the exact bottom is the work of luck not skill but if we are close to the bottom then all wiil turn out roses!.

BITCOIN - Talking of roses, BITCOIN tends to remind me more of tulips ( very pretty but no intrinsic value! ).
The cracks are starting to show but shorting a beast like this is still very dangerous as it is possible we could spike higher.
With the new BITCOIN architecture coming on tap at the end of July we could see some big movements in either direction, so I will keep an eye on things.

IQE seems to have halted its slide and had a nice pop up today. There is some newsflow expected in the next couple of weeks regarding iPhone I believe, so there could be some buying prior to this.
Long term this is a high tech growth company so its a case of hold on tight for at least 12 months. The markets of course will try and shake you out in the meantime.

Good Luck All
"The markets are full of Piranhas, so make sure you don't get eaten!"


Notes from the BIANCABOT author: SUNDAY 9th July 2017 :

GOLD (AND SILVER) paper markets are allegedly the most rigged in the financial markets with paper gold price totally disaligned from the physical gold price.
Apparantly the physical exchanges actually have about 1-2% of physical to every paper oz of gold they sell.....If only 3% of gold investors actually went to collect their physical gold the market would default. The big financial companies keep executing massive naked shorts on silver ...not sure of the reason they are doing this (maybe to keep the price down), but this can not continue for ever until something breaks.

BITCOIN continues to lose momentum but with the Segwit solution looming for the end of July I can see it being a time of volatility.
I have a computer model related to BIANCABOT which is predicting BITCOIN 1500 price target ( a 50% retracement from the peak, and current value is 2530 as I write ) but as we know this is a wild animal so diffiuclt to be confident in these markets!
Transaction handling is still capped at about 7 transactions a second WORLDWIDE due to lack of computing power - how can this be a viable cvurrency!!???
In my opinion most people who hold BITCOIN are not using it as a currency but for pure speculation and capital gain.
This will end in tears and I do hope not too many naive investors lose all their pension fund.

More sense from a similar mind to mine ...





Good Luck All
"The markets are full of Piranhas, so make sure you don't get eaten!"


Notes from the BIANCABOT author: SATURDAY 8th July 2017 :

BITCOIN is approaching the witching hour of July 31st, so we will see if the scaling issues are resolved in a stable manner.

SILVER:There was a flash crash in Silver last night which took out many tight stops ( I never use automated stops as the market makers will use the information to take you out !). The price recovered then fell back again to flash crash levels. I personally restocked my silver at $15.50 but BIANCABOT has been limited to one position per asset now.

IQE has 2 positions - possibly not the brightest idea when taking it's risk value into consideration. BIANCABOT has been modified to reduce the chance of multiple trades in the same asset.

GBP/USD fell gradually so $ positions in GOLD and SILVER are improved slightly.

* PROFIT/LOSS figures are quoted excluding dealing costs as these vary so much across platforms. As we are not "day trading" these effects should be minimised. Again I should say this is an experiment and NOT tips or recommendations!

Good Luck All
"The markets are full of Piranhas, so make sure you don't get eaten!"
An interesting (and sensible) video on BITCOIN, GOLD and SILVER which shares my views.


 
 
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