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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 has been given a nominal £100,000 to trade automatically. Trades are scaled according to asset risk and are relative to GOLD and are proved by posting the trade in real time on the iii.co.uk discussion page for the asset bought.
Click on "IG Mid sp" for time stamped proof of open. Click price in the "Close" column for time stamped proof of close. 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! These are investments rather than short term 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.
 
TIME
SHARE
IG Mid sp
Close 26/07/17
Mid to Mid
IG buy sp
Status
Risk
£Alloc
£+/- *
24 July 2017 09:13
Blue Prism (PRSM)
829.50
0.28%
831.1
Open
63
1,429
4
11 July 2017 08:40
IDOX
65.55
11.10%
59.9
Open
71
1,268
141
04 July 2017 10:39
SHORT BITCOIN
2476
5.10%
2604
Open Short
46
1,957
100
04 July 2017 09:10
SILVER (USD)
16.44
2.05%
16.12
Open
15
6,000
123
03 July 2017 16:53
GOLD (USD)
1248.07
2.16%
1221.79
Open
9
10,000
216
03 July 2017 10:55
Hurricane Energy (HUR)
30.77
-6.98%
33.33
Open
71
1,268
-89
30 June 2017 10:21
Sirius Mineral (SXX)
29.56
0.03%
29.67
Open
60
1,500
1
29 June 2017 11:26
IQE (IQE
111.80
33.62%
84.06
Open
70
1,286
432
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)
90.75
6.45%
85.50
Open
65
1,385
89
TOTALS
 
 
 
 
 
 
 
26,091
1,428
BiancaBot Total Profit

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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