by Ian McArthur | Mar 2, 2021 | Daily Results
Early UK & German economic data put a spanner into our GBP pairs and Dax index, with positive UK data on Dom short GBP pairs and negative German data on the Dom long Dax. However the Dom trends mainly stuck apart from some later movements due to poor ICS Balances.
Tuesday saw another reasonable maximum potential of 795 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 79 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 1, 2021 | Daily Results
ICS Balances were far from good today in all our currency pairs, so the focus was on the Dom long Dax. Positive German economic data at 8.55am boosted the trend until some late selloffs heading to the end of the UK morning session.
Our Dom long GBP pairs suffered from early pre-news selloffs but positive UK economic data gave all pairs a decent lift from the 9.30am announcement.
Monday saw a reasonable maximum potential of 600 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 60 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 | Feb 27, 2021 | Weekly Roundup
WELCOME TO OUR WEEKLY ROUNDUP, FRIDAYS DOM PROOFS & FEBRUARY 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 3,185 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 318 points for the week.
FEBRUARY MONTHLY TOTAL: 10,130 Points. A 10% target would yielded 1,013 points for the month.
FRIDAY
Well, what a contrast we have today in comparison literally from the turn of this year. Volumes up, points up and momentum good too. Considering our GBP pairs were trending in opposite directions again, excellent points were had both long and short at our usual times.
Even the EUR/AUD had some decent momentum and points for a change. The villain of the day was the German Dax with some quite manic movements after early economic data. Very decent points were still available.
Friday saw a hugely improved maximum potential of 1,325 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 132 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 | Feb 25, 2021 | Daily Results
ICS Balances were far from ideal, especially when we’ve got the GBP pairs trending in both directions. From the open, the best balance was the GBP/AUD, with some very good points available.
Again we had a major conflicting ICS Balance in the Dom short EUR/AUD, with early EU data giving strength to the euro.
Apparent positive German data did little to lift the Dom long Dax, which dropped throughout the morning. When I say ‘apparent’ – Consumer Climate came in at -12.9 which is still bad.
Thursday saw another reasonable maximum potential of 540 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 54 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 | Feb 24, 2021 | Daily Results
The GBP Index started the day on the strong side but there was high volatility rated data scheduled for later in the day. This resulted in GBP liquidations, taking the edge off its strength. ICS Balances were hitty missy with our best pair being the GBP/JPY. Again, we knew this before the UK open!
Our main casualty today was the Dom short Dax, reacting to positive German data at 7am. This actually could have been tradeable in the opposing Dom direction, based purely on the change of sentiment. However for our records, just one small trade was available at 6am in our technical Dom trend direction.
Wednesday saw a reasonable maximum potential of 430 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 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.
