ZEITGAP P

1

ZEITGAP P

2

THIS REPORT IS STRICTLY CONFIDENTIAL

IT IS NOT TO BE COPIED TO ANY OTHER PERSON

© John Piper 2012/2016

Risk Disclaimer – No responsibility for loss occasioned to any person or corporate body

acting or refraining to act as a result of reading material in this report can be accepted by

the Publisher, the Author or any employees or agents of either – please read this page

carefully.

It is up to the reader to ensure that any trade or trades he or she places, if any, give effect to

his or her wishes. If you have any doubt on this matter you should seek appropriate

professional advice.

Never risk more than you can afford to lose.

For legal reasons we are obliged to state the following:

Disclaimer: To the fullest extent permitted by law, the authors and publisher are providing

this written material, its subsidiary elements, including correspondence by email, and its

contents on an ‘as is’ basis and make no (and expressly disclaim all) representations or

warranties of any kind with respect to this material or its contents including, without

limitation, advice and recommendations, warranties or merchantability and fitness for a

particular purpose. The information is given for educational and entertainment (we want

you to enjoy this manual) purposes only. In addition, the authors and publisher do not

represent or warrant that the information accessible via this material is accurate, complete

or current (although we have made every effort to ensure that it is so). To the fullest extent

permitted by law, neither the authors or publisher or any of his affiliates, partners, directors,

employees or other representatives will be liable for damages arising out of or in connection

with the use of this material. This is a comprehensive limitation of liability that applies to all

damages of any kind, including (without limitation) compensatory, direct, indirect or

consequential damages, loss of data, income or profit, loss of or damage to property and

claims of third parties.

All rights reserved. No reproduction, copying or transmission of this publication may be

made without written permission. No paragraph of this publication may be reproduced,

copied or transmitted without written permission.

Please Note

IT IS ALWAYS ADVISABLE TO RISK SMALL SUMS WHEN STARTING ANY NEW TRADING PLAN –

you can also “paper trade” initially - bear in mind there is no rush. Take your time learning

this thoroughly. If you rush you may ruin the opportunity. Remember Trading is a “life” skill

meaning if you get it right it will set you up for life!

ZEITGAP P

3

Guide to ETX

This guide is intended to show you how to use the spread betting platform at ETX. If

you have never used a spread-betting company before then this guide will help you.

If you are familiar with spread-betting companies you probably don’t need to read

this.

Opening Your Account with ETX

Use this link to go to the website: http://bit.ly/181aoPI - ETX usually have attractive offers

to encourage you to open an account. Always check T&Cs!

On the homepage, you have three different options to create an account. Click on “Sign up”,

“Trade Now” or the “TraderPro” button to register.

But please note that ETX may change their front page and so the position will move from

time to time –but it will be obvious – they are keen to keep it simple!

If you have any problems with this process ETX provide a help desk on freephone 0800 138

4582 (from outside UK - +44 207 392 1434).

You might also like to watch the video I recorded explaining all the basic stuff and you will

find this at http://www.screencast.com/t/8tzD9Ois - NB: This video relates to the

PASANG system based on the

Choose your platform

For ease of use I would recommend ETX TraderPro (arrowed second from left in

screenshot). There are two further platforms, MT4 and Binary.

For the KRAUTGAP system you can ignore ETX Binary. For those familiar with MT4, you may

prefer ETX MT4.

I will now explain in detail how to use ETX TraderPro.

Comment [MOU1]: Link to Pasang video/Sylvia to provide UK version for KG

ZEITGAP P

4

Once you open the platform you will see this:

Once here you can add funds (see link “Add Funds” top right) and the next task is to locate

the DAX which ETX calls Germany 30.

To find this you need to click on Indices (arrowed below), the platform is usually set to

“Popular Markets” when you first see it (also arrowed).

ZEITGAP P

5

When you click on “Indices” you will then find Germany 30 (arrowed on left).

You then have various options as follows…

Buy and Sell

The “TRADE” and “ORDER” buttons allow you both to trade at that moment and place an

order for a future trade.

Die “HANDEL” und “ORDER” web buttons geben Ihnen die Möglichkeit, einen Trade

entweder zeitgleich oder zu einem bestimmten Zeitpunkt in der Zukunft zu tätigen.

The first two numbers are the bid and offer prices and when you trade you would sell at the

lower of these and buy at the higher.

The next numbers are the day’s low and high and these are followed by the first icon, the

“Star” icon which allows you to add Germany 30 to your Watchlist – this is generally useful

but not essential.

ZEITGAP P

6

The third icon is the chart icon and when you click this you will see:

To get the chart we use for KRAUTGAP set the time to 5 minutes and the chart type to HLOC. I

have marked the opening bar 9am).

KRAUTGAP uses the high and low of this “opening” 5 minute bar to determine our entry.

Incidentally the “direction” of this bar is not a factor we consider.

ZEITGAP P

7

How to trade

Click on the icon „Trade“. You will see this box appear:

Here are a few pointers to completing the information in this box…

The numbers at the top are the prices at which you can trade (NB: The spread, being the

difference between these two numbers, is usually just one point during the offical opening

hours).

You enter the size at which you want to trade where it says quantity (arrowed).

You can also enter your stop (52 points with KRAUTGAP) and the limit (the point where you

take profits) but if you are trading live you may prefer to enter these subsequently, meaning

after you have entered the position. I will show you how to do this in a minute.

If you decide you want to set the stop and limit before trading then here is how you do it

(and this applies equally if you set these subsequently to taking the trade and if you decide

to place a market order which I will also be explaining).

ZEITGAP P

8

Setting your stop or limit

Click on the box to the left to activate the feature you want.

To enter the stop / limit (arrowed in screenshot above) you have a choice of either placing

the distance the stop/limit is away from your entry in the area immediately to the right of

the word (the stop for KRAUTGAP would be 52). You can also enter the level in two ways,

either using the arrow keys to the right or by simply typing in the level.

I have prepared a video covering all of this (and including a live KRAUTGAP trade) and you can

see this at http://www.screencast.com/t/8tzD9Ois (email me at me88@aweber.com to

be emailed this and other links)

Setting a stop or limit at a later stage

If you prefer to enter the stop and limit after the trade go to “OPEN POSITIONS” and use the

“AMEND” button to enter these. “OPEN POSITIONS is arrowed on the screenshot below.

Comment [MOU2]: Link to pasang video

ZEITGAP P

9

How to place a market order

If you wish to place a market order, click on order (see screenshot below).

Placing an order means you set the trade up in advance so the market triggers you when it

meets the entry criterion (1 point beyond the relevant extreme of the first 5 minute bar).

NB: If using the “Taking Early Profits” rule you would need to set up two separate orders.

For example, if trading at £5 per point you would need to enter twice at £2.50 per point –

that then allows you to set different limits (exit points on each half).

When you hit order you will see…

In fact this is pretty much the same box as we

discussed when we discussed trading at market (i.e.

immediately we see the price we want) and I have

arrowed the two tabs at the top “TRADE” and

“ORDER” and you can switch between the two

depending on what you want to do.

The only difference between the two is “Level” (also

arrowed in screenshot) because if you wish to place a

market order which will automatically be triggered

once the market hits your desired price you need to

state what that level is.

For this you need to follow the KrautGap rules – ie

see the high or low of the first 5 minute bar, and then

add/deduct 2 – you can then enter the resulting level

in the arrowed area.

Please note that ETX do not allow you to enter a level here close to the current market

action (see the note at the bottom of the box) and if the market is too close you will need to

trade at “market” using the “TRADE” tab.

So that’s a brief tour of the ETX web site. If you’re brand new to this, please don’t worry.

Within a very short period you’ll be placing bets and shifting stops as though you’d done it

all your life!

The important thing is to get stuck in, open an account and have a play/take a few trades.

100 modules like this can’t teach you as much as an hour spent actually using the platforms.

Good luck.