by Ian McArthur | Mar 31, 2021 | Daily Results
Early UK economic data at the London open came in mixed but mainly positive. This boosted our Dom long GBP pairs and showed us to avoid our Dom short GBP/USD. ICS Balances were not good again so faith was needed for our technical Dom trends, of which they didn’t disappoint.
The Dom long EUR/AUD and German Dax did well with good points available at our usual time and levels.
Wednesday saw another reasonable maximum potential of 510 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.
A MERE TEN PERCENT target of this figure would have yielded 51 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 | Mar 30, 2021 | Daily Results
The markets still appear to be in limbo, with low volumes and little momentum anywhere. Lack of economic data to stir the pot didn’t help either. We therefore had to put faith in our Dom trends and timed entries for our points, with some decent trades available.
Tuesday saw another reasonable maximum potential of 445 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.
A MERE TEN PERCENT target of this figure would have yielded 44 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 | Mar 29, 2021 | Daily Results
Individual currencies are still without definitive strength or weakness. When combined to make our pairs, momentum is obviously going to be affected. We were working on a ‘flat plus – strong ish’ UK pound today, so any GBP pair trending Dom short was going to struggle. Our Dom long pairs shone through nicely, despite far from ideal ICS Balances.
The Dom short EUR/AUD gave some decent points at our usual times, as did our Dom long German Dax.
The start of the week saw a reasonable maximum potential of 685 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.
A TEN PERCENT target of this figure would have yielded 68 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 | Mar 25, 2021 | Daily Results
Economic data in both the UK and Germany could do little to boost our instruments in either direction, as volumes remain painfully low. We had some poor ICS Balances which also kept momentum and overall points down. Despite this we again had some very reasonable points at our usual times.
Thursday saw another decent maximum potential of 700 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.
A TEN PERCENT target of this figure would have yielded 70 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 | Mar 24, 2021 | Daily Results
Individual currencies are themselves showing definitive strength and weakness but when paired in conflict (ICS Balance), momentum is seriously disrupted. This was very evident in the GBP/AUD & EUR/AUD, as weak individual currencies battled for the trend.
Economic data was also a problem today with early (negative) and mid morning (positive) GBP news, along with positive German data to disrupt the Dom short Dax. Despite all this, our technical Dom trends gave us good, reliable points at our usual times.
Wednesday saw another decent maximum potential of 645 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.
A TEN PERCENT target of this figure would have yielded 64 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.
