by Ian McArthur | May 3, 2020 | Weekly Roundup
Friday was an interesting trading day. Things can get a little manic at the end of the week when traders are looking to get out of the market completely until Monday. Our Dom Long GBP pairs were always going to struggle with high volatility news out at 9.30am and the pressure was further put on with negative Manufacturing data. Despite this, our long trades did very well, even after the announcement.
Our best ICS balances were in the GBP/AUD and EUR/AUD and these pairs gave us our best points. There was also some excellent trades in our Dom Short German Dax.
We managed a very respectable maximum potential of 715 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 71 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 1, 2020 | Daily Results
The unusual weakening of the AUD from the UK open put a huge spanner in the works of our related pairs and we had no Dom trades in the GBP/AUD & EUR/AUD. My only explanation for this is the strength of the AUD has had those pairs pushing major supports for several days and both were at the very bottom of the 4 hour chart. The strong rebounds we saw weren’t so much strength in the GBP & EUR but weakness in the AUD.
On a more positive note, the GBP/JPY & GBP/USD did very well and the Dax did ok until negative German data put a halt to our long Doms but not before some nice high scoring trades.
Despite the lack of instruments today we still managed a maximum potential of 375 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 37 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.
by Ian McArthur | Apr 29, 2020 | Daily Results
Today wasn’t quite so dramatic and relentless as yesterday. However we still had the majority of our instruments finishing net as per our Dom trend conclusions at the US open and ALL had good points in said trends in the first two to three hours of the UK open. The GBP Index started as Flat Plus but quickly lost any strength from the onset which favoured well with our Dom Short GBP pairs.
The EUR/AUD again suffered from an initial strong AUD Index which weakened from 7am. I can only put this down to profit taking from the Asia session where there was positive AU Data. Still some good early trades to be had.
The Dom Long Dax suffered a little with early negative German Data but this didn’t prevent our usual long trades with some excellent points and the price really took off in the US session.
Volumes and volatility are still on the low side but we still managed a respectable maximum potential of 690 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 69 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.
by Ian McArthur | Apr 28, 2020 | Daily Results
I had a thought first thing today that with the lack of economic data and apparent consolidation within the markets, our Doms may lack the pin-point accuracy we’re so much accustomed to. How astonishingly wrong I was!
Seriously, to accurately predict the GBP as being both long and short with strong trends and very good points within our pairs ?? I’ll say no more!
The EUR/AUD and German Dax behaved exactly as expected too with excellent points in each.
Lower volumes and volatility kept a lid on overall point gains but we still managed a 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.
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.
by Ian McArthur | Apr 27, 2020 | Daily Results
The lack of economic data today and for the majority of this week had the markets in much more of a consolidation mode. However we had both long and short Doms in our GBP pairs and good points were had in both directions but on lower volumes and volatility. There is literally just one important UK item this week and that is Manufacturing on Friday, so don’t expect much momentum until a week on Tuesday when we kick off with Construction then Interest Rates a week on Thursday.
Thursday this week sees the only decent group of EU data so it looks like even the EUR/AUD and German Dax won’t be going very far either. Both instruments did very well though with excellent points available.
We had a maximum potential of 600 points on reduced volumes 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 60 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.
