by Ian McArthur | Mar 16, 2021 | News
The markets continue to consolidate with terrible ICS Balances and very little momentum anywhere. Luckily enough most of our trades at our usual times and levels still gave some very decent points.
As expected, the Dom short Dax rose well before positive German data and continued this way for the rest of the morning.
Tuesday saw a reduced maximum potential of 475 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 47 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 15, 2021 | Daily Results
The markets continue to consolidate with low volumes and little momentum anywhere. Volatility is slower than at the height of the summer holidays, which is extremely unusual for this time of year. This is reflecting in poos ICS Balances and restricted points in all our instruments. Despite all this, our usual Dom trend, time entry trades did well with some decent points available.
Monday saw a reasonable 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.
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 | Mar 13, 2021 | Weekly Roundup
WELCOME TO OUR FRIDAY ROUNDUP AND WEEKLY TOTALS.
US presidential elections continue to drag on with continued controversy over voting fraud and counting irregularities. Bidens chance of continuing as president of the United States are diminishing, as Trump discloses even more and more evidence.
WEEKLY POINTS TOTAL: Including Friday, there was an overall maximum potential of 2,990 available points from from specific Max Day Trading time/price level entries from the UK morning sessions. A TEN PERCENT of this target would have yielded a minimum of 299 points for the week.
FRIDAY.
Individual currencies (separate indexes) are themselves trending with little momentum and in turn this is affecting overall momentum with far from ideal ICS Balances within our pairs. We saw our GBP pairs trending in opposite technical Dom directions but our usual trades remained mostly unaffected, albeit with low volumes and restricted point gains. Nearing the end of the UK morning session, the GB Pound literally fell off a cliff after very mixed economic data at 7am. I can only attribute this to negative Covid fundamentals and the the fact that the GBP Index was at the top of the H4 hour chart and we saw some aggressive profit taking.
The Dom short EUR/AUD had a poor ICS Balance with the EUR & AUD being fairly evenly matched. Early Dom trades ensured our points, as did the Dom short German Dax with very nice points available.
Friday saw a decent maximum potential of 530 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 53 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 11, 2021 | Daily Results
Again, ICS Balances were not ideal today, which also saw our GBP pairs trending in both the long and short direction. Good points were still available at our usual times albeit again on much lower volumes for this time of the year.
There was a major ICS Balance conflict in the Dom short EUR/AUD and this reflected in little momentum and difficult entries.
The German Dax was up to its usual tricks but still gave us some decent points at our usual times.
Thursday saw another reasonable maximum potential of 555 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 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 | Mar 10, 2021 | Daily Results
Due to very weak individual currencies, our GBP pairs were trending in both the long and short direction on poor ICS Balances. Volumes have dropped yet again, restricting our overall points. However despite all this, Our technical Dom trades gave some excellent, though limited points at our usual times in all our instruments.
Wednesday saw another reasonable maximum potential of 620 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 62 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.
