by Ian McArthur | May 28, 2020 | Daily Results
There was little in the way of strength divergence within all our currency pairs today regarding our ICS Balances, so we know from the onset that trades were not going to be easy. Some of our ‘tipping point’ Dom Cat 3’s were trending only slightly but all ended up complying, although the lack of proper momentum made entries a little more difficult.
The German Dax is still nudging Major Resistance and this put a lid on the Dom Long trend but not overall point gains, which were still over the 300 mark.
Despite the lack of momentum within our currencies, we still managed another respectable maximum potential of 835 points from specific Max Day Trading time/price level entries from the London morning session alone, with a target of just 30.
A 10% target of this figure would have yielded a minimum of 83 net points from specific Max Day Trading time/price level entries, with many additional opportunities in the US morning (UK afternoon) and US afternoon (UK evening) sessions.
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by Ian McArthur | May 28, 2020 | Daily Results
Our GBP pairs were both Dom Long and short again, as per technical analysis before 7am today and there were many precise points in both directions right throughout the UK morning session.
There was a similar story with our Dom Short EUR/AUD with some very good early trades. However the Euro gained strength in the latter half of the morning and I can only attribute this to 3 ‘hawkish’ EU speeches from 8.30am.
I would also say, in the absence of any solid data, that this bolstered the Dom Long German Dax with some excellent points available.
Today we managed another very respectable maximum potential of 925 points from specific Max Day Trading time/price level entries from the London morning session alone, with a target of just 30.
A 10% target of this figure would have yielded a minimum of 92 net points from specific Max Day Trading time/price level entries, with many additional opportunities in the US morning (UK afternoon) and US afternoon (UK evening) sessions.
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by Ian McArthur | May 27, 2020 | Daily Results
Ironically today, the GBP pair with the worst ICS Balance actually gave us the most points, (GBP/AUD) although the price was very manic and far from relentless like the other 2 pairs (GBP/JPY & GBP/USD). All gave excellent points in both the Dom Long and Short direction.
The EUR/AUD was Dom Short and again, we had some excellent points on a relentless short trend that has now smashed Major Support.
The German Dax had a similar problem but at the opposite end of the scale, being tight up against a Major Resistance. However again there was still some very good long trades available but this kept a lid on overall points.
Today we managed a very respectable maximum potential of 885 points from specific Max Day Trading time/price level entries from the London morning session alone, with a target of just 30.
A 10% target of this figure would have yielded a minimum of 88 net points from specific Max Day Trading time/price level entries, with many additional opportunities in the US morning (UK afternoon) and US afternoon (UK evening) sessions.
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by Ian McArthur | May 21, 2020 | Daily Results
The big difference today was UK data being announced at the usual time of 9.30am. Even although the data was positive and went on to change the intrasession trend, we were able to perform all our early GBP trades in the short Dom direction, taking advantage of pre-news selloffs. The only limitations we had were the lack of trades later in the morning.
The Dom Short EUR/AUD had a terrible ICS Balance and suffered later in the morning with positive EU data but still yielded some very good points, proving that ‘the Doms always rule.’
The German Dax started the day as Dom Long but negative German data pulled the price lower into the US open (then rocketed in the early US hours). Decent points were still available.
Today we managed a maximum potential on lower volumes of 365 points from specific Max Day Trading time/price level entries from the London morning session alone, with a target of just 30.
A 10% target of this figure would have yielded a minimum of 36 net points from specific Max Day Trading time/price level entries, with many additional opportunities in the US morning (UK afternoon) and US afternoon (UK evening) sessions.
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by Ian McArthur | May 20, 2020 | Daily Results
Yet again, early negative UK data put an immediate spanner in the works of all our GBP pairs which were Dom Long at the UK open. This is very frustrating as all main UK data (apart from housing) is usually announced at 9.30am. The overall influence of the news didn’t last too long apart from the GBP/AUD on a strengthening AUD Index and all GBP pairs had decent overall trades.
The strengthening AUD also disrupted the EUR/AUD but the ICS Balance was terrible today and this would have been way down our pecking order. Still some decent early trades though.
The German Dax had some good early Dom Short trades before recovering into the US session.
Today we managed a decent maximum potential on lower volumes of 510 points from specific Max Day Trading time/price level entries from the London morning session alone, with a target of just 30.
A 10% target of this figure would have yielded a minimum of 51 net points from specific Max Day Trading time/price level entries, with many additional opportunities in the US morning (UK afternoon) and US afternoon (UK evening) sessions.
For those who have not joined either our Free Telegram Channel or VIP Channel why not come and see how we do what we do? Go to our homepage to find out full details.