by Ian McArthur | Jun 29, 2021 | Daily Results
Our GBP pairs were predicted to be trending in both the long and short direction, and true to form, those trends prevailed all through the UK morning session with good points in all.
Even though the EUR/AUD had a poor ICS Balance, the Dom trend behaved very well but low volumes restricting all points.
The Dom short Dax was in conflict with the US NASDAQ 100. As these are mainly tech stocks, the Dax followed the US Index come the 8am trade, limiting our short point gains.
Tuesday saw another reasonable maximum potential of 520 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 52 net points, with many additional opportunities in the US morning (UK afternoon) and US afternoon (UK evening) sessions.
by Ian McArthur | Jun 28, 2021 | Daily Results
Covid fundamentals affected out Dom short GBP pairs, with the ‘Weak Plus’ Index strengthening throughout the morning on conformation (for now!) that Freedom Day on July 19th is still going ahead. Points were still available at our usual times but trend momentum was expectedly terrible.
Poor ICS Balance within the Dom short EUR/AUD also limited points, as did the manic Dom long German Dax but here points were a little better.
The beginning of the week saw a reasonable maximum potential of 560 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 56 net points, with many additional opportunities in the US morning (UK afternoon) and US afternoon (UK evening) sessions.
by Ian McArthur | Jun 26, 2021 | Weekly Roundup
WELCOME TO OUR WEEKLY ROUNDUP.
Coronavirus, EU relations (Brexit) and US voting fraud investigations continue to cause very low volumes and volatility, as the markets wait for clearer conclusions as to final outcomes.
The Arizona forensic audiit looks set to continue until the end of June, with the full findings being published by mid August. Several other counties are now pushing for similar forensic audits in the light of the highly praised conduct of the current one.
FRIDAY
Overall trading volumes on Friday remain painfully low and this is reflecting in weak trends and restricted point gains. Despite this our currency pairs did well with decent points at our usual times.
The odd one out was the Dom long German Dax. Even with positive economic data, Covid fundamentals reported an increased risk from the ‘Delta’ variant which is spreading fast. This took the edge off stock prices with a net short come the US open, though points were still available.
The end of the week saw another 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 | Jun 24, 2021 | Daily Results
Individual currency strengths were very ‘non directional’ today, so any combination (pair) was going to remain on the weak side, be it long or short. Our GBP pairs were trending in both directions but we still had some good points from all.
The Dom short EUR/AUD got a small lift on positive German data, as did the Dom short Dax and again, decent points from both.
Thursday saw a reasonable maximum potential of 605 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 60 net points, with many additional opportunities in the US morning (UK afternoon) and US afternoon (UK evening) sessions.
by Ian McArthur | Jun 23, 2021 | Daily Results
ICS Balances within our GBP pairs was more favourable today, with an immediate omission of the Dom short GBP/AUD as two strong currencies battled it out. Even so, we still managed some excellent points after a manic start and even a net short come the US open.
There was a similar ICS Balance with the Dom short EUR/AUD and again, some excellent points were available and a net short.
The odd one out was the Dom long German Dax, even with positive economic data. Apparently this was in line with profit taking from the US NAS100, (similar composite) being at a major resistance level. Early points were still available at our usual times.
Wednesday saw an improved maximum potential of 640 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 64 net points, with many additional opportunities in the US morning (UK afternoon) and US afternoon (UK evening) sessions.
