by Ian McArthur | Mar 29, 2020 | Weekly Roundup
Friday saw volatility drop slightly throughout all our instruments, which have reflected in lower spreads but still nowhere near their normal average. Expect higher broker charges ’till at least the end of this year.
Our GBP pairs performed very well, along with the EUR/AUD. The German Dax started the morning Dom Long with very good points but it wasn’t long until more coronavirus fatality details filtered through and the price started to plummet again, ending up net short come the US open.
Today we managed another healthy maximum potential of 1,390 points from specific Max Day Trading time/price level entries from the London morning session alone, with a target of just 30. To reiterate, I have reflected the increased spreads that we are being charged and all figures quoted are net.
A 10% target of this figure would have yielded a minimum of 139 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 | Mar 26, 2020 | Daily Results
This is going to be the roughest 3-6 months that the financial markets are going to experience in the last 100 years. We’ve already seen this with stocks and I would expect more of the same with some of the most horrendous forthcoming economic data releases in our lifetime.
Today, our early Doms did very well with excellent points owing to the increased volatility, though prices have become manic as fundamentals are observed.
All our instruments initially complied with our technical Doms with a maximum potential of 1,375 points from specific Max Day Trading time/price level entries from the London morning session alone, with a target of just 30. To reiterate, I have reflected the increased spreads that we are being charged and all figures quoted are net.
A 10% target of this figure would have yielded a minimum of 137 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.
Stay safe and keep well in this continued madness.
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 | Mar 25, 2020 | Daily Results
Just when we thought that Brexit fundamentals were finally receding to make our technical analysis easier, Coronavirus comes along and makes things twice as bad (at least!). Unfortunately these fundamentals are going to last for many months and will have a more profound effect for possibly years to come. Businesses and economies are going to take a long time to recover, with government debt and QE reaching all time highs to pay for it all.
The saving grace for us traders is we have a reliable strategy that literally never fails to pull in consistent points whatever the market is doing, though we must be aware of any news that may swing the markets (vaccines, cures etc.)
It was nice to get back to a full itinerary of instruments today and the figures didn’t disappoint.
All our GBP instruments were Dom Long and fared well with good points available until some big swings after the US open.
The EUR/AUD started off Dom Short but the euro in itself strengthened during the morning but there were still some good trades available.
The Dax was initially Dom Long but negative German data caused a big selloff leading to the US open. This did not affect our long trades earlier on with massive points available with the increased volatility.
The increased volatility continues to bring in higher than average points, with a maximum potential of 1,665 points from specific Max Day Trading time/price level entries from the London morning session alone, with a target of just 30. To reiterate, I have reflected the increased spreads that we are being charged and all figures quoted are net.
A 10% target of this figure would have yielded a minimum of 166 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 | Mar 24, 2020 | Daily Results
The UK is now literally on full lock-down and our liberties have been drastically reduced, mainly due to the morons who ignored government advice and congragated in their thousands in parks and beaches last weekend. Anyway, rant over.
Our usual trading platform has suffered technical problems so there’s been quite a reduction on the charts and information that I usually post. Hopefully this will be resolved by tomorrow.
Our personal currency trades did very well, with the help of other MT4 platforms. In particular, the Dax gave some excellent points in the long direction after good German data and the fact that stocks have recovered a little on the back of Boris Johnsons’ speech last night, outlining restrictions that may finally slow down the spread of the Coronavirus disease in the UK. Measures that should have been taken weeks ago.
I do hope you are all keeping safe and well in this very, very strange time.
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 | Mar 22, 2020 | Weekly Roundup
There’s definitely something not right with what’s going on today. There’s now unprecedented measures being implemented that are more severe than that of the last world war. This is a ‘life changing event’ that has already surpassed 9/11 and the crash of 2008. Looking on the bright side, closed borders could limit mass immigration that has already damaged many countries, the UK included.
The other ‘silver lining’ is that trading the financial markets has literally been unaffected, while other sectors have seen mass redundancies. IF the ‘elite’ are orchestrating this, they need the markets as much as we do!
And another silver lining has been the accuracy of the Doms! They cease to amaze me and I’m the creator! Increased volatility has also seen a huge increase in potential point gains too.
Friday saw another eye watering maximum potential and a Max Day Trading record of 2,770 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 277 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.
