by Ian McArthur | Sep 1, 2021 | Daily Results
Our GBP pairs were trending both long and short today, with reasonable points in all on very low volumes. This was despite a strengthening in the GBP Index on positive UK economic data.
The Dom short EUR/AUD did well on a fair ICS Balance before the EUR Index strengthened up to the US open.
The odd one out was the the Dom short Dax. The index rose on early negative German data and didn’t start to fall again until more negative German data a couple of hours later.
Wednesday saw a decent maximum potential of 590 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 59 net points, with many additional opportunities in the US morning (UK afternoon) and US afternoon (UK evening) sessions.
by Ian McArthur | Aug 27, 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 should become public by mid September. Several other counties are now pushing for similar forensic audits in the light of the highly praised conduct of the previous one.
FRIDAY
The end of the week went out on a whimper with little momentum anywhere. This was exasperated by 2 currency indexes that had the dreaded ‘Strong Minus’ ratings, further restricting trend momentum.
The Dom short Dax also struggled on early positive German data and here too, points were restricted.
Friday saw a reduced maximum potential of 400 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 40 net points, with many additional opportunities in the US morning (UK afternoon) and US afternoon (UK evening) sessions.
Weekly totals came in at 2,790
by Ian McArthur | Aug 26, 2021 | Daily Results
Volumes and volatility, or lack thereof continue to greatly reduce our potential points out of the markets. Individual currencies within pairs are very non-directional (ICS Balance), further reducing momentum when paired up. Despite this, points were still decent in all currency pairs.
The Dom short Dax did very well on early negative German economic data.
Thursday saw another reasonable maximum potential of 580 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 58 net points, with many additional opportunities in the US morning (UK afternoon) and US afternoon (UK evening) sessions.
by Ian McArthur | Aug 25, 2021 | Daily Results
Our GBP pairs were again trending both long and short, with decent points on very low volumes.
The Dom short EUR/AUD had a similar ICS Balance as yesterday with some good points at our usual times and the Dom long Dax had some good points but the manic movements made things a tad difficult.
Wednesday saw a reasonable maximum potential of 500 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 50 net points, with many additional opportunities in the US morning (UK afternoon) and US afternoon (UK evening) sessions.
by Ian McArthur | Aug 24, 2021 | Daily Results
The GBP Index unusually lost strength once the UK session started. Dom long pairs did well earlier then picked up again from lower levels. The demise of the pound did well for the Dom short GBP/AUD with some excellent points available and the Dom short EUR/AUD gave some decent points on a far better ICS Balance.
The Dom long Dax seemed to struggle even on positive German data but still ended up giving some decent points at our usual times.
Tuesday saw an improved maximum potential of 730 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 73 net points, with many additional opportunities in the US morning (UK afternoon) and US afternoon (UK evening) sessions.
