by Ian McArthur | Mar 9, 2021 | Daily Results
Individual currencies are themselves lacking definitive strength or weakness, reflecting in poor momentum and direction once paired together. Focus was again on the Dom long Dax once negative German economic data was absorbed from 7am.
There were still some very decent points to be had within our currency pairs at our usual trading times.
Tuesday saw another reasonable maximum potential of 625 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.
by Ian McArthur | Mar 8, 2021 | Daily Results
ICS Balances within our currency pairs were terrible today, with the Doms battling some and not others. This made it difficult to choose a pair that would yield good points from the open. In hindsight, the GBP/JPY & GBP/USD ended up being the best.
This put emphasis again on the Dom long German Dax for our points today and thankfully this delivered despite negative data at 7am.
Monday saw a reasonable maximum potential of 660 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 66 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 5, 2021 | Weekly Roundup
WELCOME TO OUR WEEKLY ROUNDUP AND FRIDAYS TOTAL.
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 3,555 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 355 points for the week.
FRIDAY.
GBP pairs were predicted as both Dom long and short today and didn’t disappoint with plenty points available in either direction. There was however a poor ICS Balance at 7am in the GBP/JPY, causing little momentum but even so, decent points were still available.
The Dom long EUR/AUD and German Dax didn’t disappoint either, as the price shot up in the currency pair and we had our usual manic movements but excellent points in the Dax.
Friday saw a very reasonable maximum potential of 770 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 77 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 4, 2021 | Daily Results
Individual currencies themselves lacked overall strength or weakness and this in turn reflected in lower currency pair momentum. Volumes seemed to have dropped a little too. Despite all this, our Dom trend directions in all instruments held up very well with good points available.
Thursday saw another reasonable maximum potential of 760 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 76 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 3, 2021 | Daily Results
Within our GBP pairs, two had decent ICS Balances, the GBP/JPY & GBP/USD. The odd one out was the GBP/AUD as two fairly strong currencies battled it out. There was a similar story with the EUR/AUD, restricting overall price movement.
The beauty was we knew these momentums before the UK had even opened! The only spanner in the works was negative UK economic data at 9.30am which saw some selloffs leading to the end of the morning session.
The Dax seemed to shrug off negative German economic data at 8.55am, with the Dom long trend lasting most of the morning.
Wednesday saw another reasonable maximum potential of 630 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 63 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.
