by Ian McArthur | Jun 14, 2021 | News
The UK pound started off the day on the weak side and this continued throughout the UK morning session. Trends in our GBP pairs were at the mercy of their counterparts, giving us trends in both directions. Points were hitty missy but still available on low volumes at our usual times.
The Dom long EUR/AUD did fairly well on moderate initial ICS Balance, as did the Dom long German Dax.
Monday saw an almost identical maximum potential of 550 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 55 net points from specific Max Day Trading time/trend entries, with many additional opportunities in the US morning (UK afternoon) and US afternoon (UK evening) sessions.
by Ian McArthur | Jun 12, 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, where full findings will be published.
FRIDAY
The UK pound remained on strong side after mixed economic data at the UK open, but unfortunately so did it’s counterparts in our GBP pairs. There was an unusual strengthening of the USD and more especially the AUD indexes by mid morning.
The AUD both bolstered and hindered our related pairs, with the Dom short EUR/AUD making the most of the move.
I made an official warning against the Dom long Dax as being borderline, however after a slow start, the price quickly shot up with some decent points on very low volumes.
Friday saw an identical 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 from specific Max Day Trading time/trend entries, with many additional opportunities in the US morning (UK afternoon) and US afternoon (UK evening) sessions.
Weekly totals: 2,660 points.
by Ian McArthur | Jun 10, 2021 | Daily Results
We knew from the onset that momentum was going to be restricted in our currency pairs today, as all individual indexes were mostly all showing weakness of some sought. However, the Doms comfortably gave very decent points at our usual times.
The Dom short German Dax was immediately red-flagged, trending against the Dom long US30, JPN225 and FTSE100. However there were still a few decent trades available at our usual times.
Thursday saw another 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 from specific Max Day Trading time/trend entries, with many additional opportunities in the US morning (UK afternoon) and US afternoon (UK evening) sessions.
by Ian McArthur | Jun 9, 2021 | Daily Results
ICS Balances were slightly better today but a warning was posted in VIP of our Dom short GBP/USD being borderline. This was due to 2 ‘Strong Ish’ currencies battling it out, with the strengthening UK pound eventually taking the centre stage. Even here there were still points available but it was evident that the intraday trend was long, in conjunction with our other GBP pairs. It’s worth noting the UK pound ‘fell off a cliff’ not long into the UK afternoon session on Coronavirus fundamentals (the possible delay of Freedom Day – June 21st). This however did not affect our morning trades at our usual times.
Mixed German data put the Dom long EUR/AUD on a bit of a roller-coaster ride and the mainly negative news bolstered the Dom short Dax with some excellent points available. Currency volumes and volatility are still extremely low, restricting overall point gains.
Wednesday saw a slight improvement, with a maximum potential of 495 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 49 net points from specific Max Day Trading time/trend entries, with many additional opportunities in the US morning (UK afternoon) and US afternoon (UK evening) sessions.
by Ian McArthur | Jun 8, 2021 | Daily Results
ICS Balances were conflicting in all but the EUR/AUD and even here they were far from ideal. The UK pound has continued to weaken from yesterday as ‘Freedom Day’ (June 21st) is looking more and more doubtful. This is making momentum very scarce and combined with exceptionally low volumes and volatility, how we’re able to get any points is beyond me but still they come.
Mixed German economic data had the Dom long Dax all over the place but still some decent points available.
Tuesday saw a reduced maximum potential of 435 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 43 net points from specific Max Day Trading time/trend entries, with many additional opportunities in the US morning (UK afternoon) and US afternoon (UK evening) sessions.
