by Ian McArthur | Sep 29, 2021 | Daily Results
The pound continued its decline today as fuel shortages and lack of lorry drivers intensifies. Long queues were reported earlier but these have eased a little. This gave us an excellent opportunity to short our GBP pairs, which were confirmed by our Dom technical analysis. Very good points were had throughout the UK morning session on a weak GBP Index.
The Dom long EUR/AUD did well but the Dom short Dax started to rise on positive German data at 7am. Decent points were available at our usual times.
Wednesday saw another very decent maximum potential of 880 points from specific Max Day Trading time/trend entries within our five instruments from the UK morning session alone, with a minimum target of just 30.
JUST A TEN PERCENT target of this figure would have yielded 88 net points, with many additional opportunities in the US morning (UK afternoon) and US afternoon (UK evening) sessions.
by Ian McArthur | Sep 28, 2021 | Daily Results
The GBP has been on a rollercoaster ride over the past 48 hours. After Sundays panic buying of fuel that saw long queues outside of petrol stations, tensions seemed to ease over the crisis and the pound gained strength after Mondays UK open, putting a spanner in our Dom short GBP pairs. The pound remained on the strong side at todays open but as news filtered in of increased panic buying, very long queues and even violence at petrol stations, the pound took another tumble, putting a spanner in our Dom long GBP pairs. Despite this, feasible points were still available at out usual times.
The Dom short EUR/AUD also counter-trended on a weakening of the AUD but again, some early points were still available.
The star of the show today was the Dom short Dax. Even positive German data couldn’t overcome the Doms and the price fell away right ’till the end of the morning session, with some excellent points available.
Tuesday saw a very decent (under the circumstances) maximum potential of 760 points from specific Max Day Trading time/trend entries within our five instruments from the UK morning session alone, with a minimum target of just 30.
JUST A TEN PERCENT target of this figure would have yielded 76 net points, with many additional opportunities in the US morning (UK afternoon) and US afternoon (UK evening) sessions.
by Ian McArthur | Sep 27, 2021 | Daily Results
The beginning of the week got off to a slow start with individual currencies ranging, reflecting in poor ICS Balances. All our Dom short GBP pairs suffered with a ‘weak plus’ GBP Index which gained considerable strength throughout the morning. Thankfully we were fully aware of this before the UK open and despite this, decent early points were still available.
The Dom long EUR/AUD did well, as did the Dom long German Dax, though the index fell dramatically leading to the US open session (12pm UK).
Monday saw another reasonable maximum potential of 630 points from specific Max Day Trading time/trend entries within our five instruments from the UK morning session alone, with a minimum target of just 30.
JUST A TEN PERCENT target of this figure would have yielded 63 net points, with many additional opportunities in the US morning (UK afternoon) and US afternoon (UK evening) sessions.
by Ian McArthur | Sep 24, 2021 | Weekly Roundup
WELCOME TO OUR WEEKLY ROUNDUP.
Coronavirus, EU relations (Brexit) and US voting fraud investigations and now the summer holidays continue to cause low volumes and volatility, as the markets wait for clearer conclusions as to final outcomes.
The Arizona forensic audiit is complete, with the full findings now released to the Senet and being made public today. Several other counties are now conducting similar forensic audits in the light of the highly praised conduct of the previous one.
FRIDAY
Another quiet end to the week with the markets having no real direction. The AUD Index lost its strength from the UK open and disrupted our Dom short GBP & EUR pairings with restricted points.
Friday saw a reasonable maximum potential of 540 points from specific Max Day Trading time/trend entries within our five instruments from the UK morning session alone, with a minimum target of just 30.
JUST A TEN PERCENT target of this figure would have yielded 54 net points, with many additional opportunities in the US morning (UK afternoon) and US afternoon (UK evening) sessions.
by Ian McArthur | Sep 23, 2021 | Daily Results
Again we had to rely on our Dom technical conclusions today, as individual currencies within pairs remain non-directional. There was also a strange weakening in the USD Index which disrupted our Dom short GBP/USD. Apart from this, our Dom TA was spot on as usual with some decent points, despite some poor ICS Balances.
The Dom long German Dax gave some very nice points at our usual times too.
Thursday saw a very respectable maximum potential of 760 points from specific Max Day Trading time/trend entries within our five instruments from the UK morning session alone, with a minimum target of just 30.
JUST A TEN PERCENT target of this figure would have yielded 76 net points, with many additional opportunities in the US morning (UK afternoon) and US afternoon (UK evening) sessions.
