by Ian McArthur | Feb 16, 2021 | Daily Results
ICS Balances within our currency pairs weren’t the best today and in turn, trend momentum and entries were a little difficult but points were still available at our usual times. Currency volumes remain extremely low.
Positive EU and German economic data also went against our Dom short EUR/AUD and it appeared we had a pre-news selloff of the Dax before data sent the price higher. Despite this, decent points were still available at our usual times.
Tuesday saw an improved maximum potential of 450 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 45 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 15, 2021 | Daily Results
ICS Balances were better today and for a change we saw, what appeared to be some decent trends within a few of our currency pairs. However again, trading volumes are horrendously low for this time of year and this is keeping a firm lid on overall point gains. Todays’ numbers were far better but this was only due to decent ICS Balances. In fact the additional momentum caused major resistance to be breached in both the GBP/JPY & GBP/USD.
Monday saw an improved maximum potential of 400 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 40 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 14, 2021 | Weekly Roundup
WELCOME TO OUR WEEKLY ROUNDUP AND FRIDAYS DOM PROOFS
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.
Again, Coronavirus, the UK aconomy and even Brexit aftermath are causing temporary swings upon news announcements.
WEEKLY POINTS TOTAL: Including Friday, there was a decent maximum potential of 1,905 points from from specific Max Day Trading time/price level entries from the UK morning sessions. A TEN PERCENT target would have yielded a minimum of 190 points for the week.
FRIDAY
There was a mixed bag of positive & negative UK economic data at 7am. The results did very little to the GBP Index, which remained weak throughout the morning session. Again, individual currencies are literally trending nowhere and therefore our ICS Balances were way off the mark too, with the only decent pair being the GBP/USD. Volumes remain excruciatingly low but we still managed a few points, though entries were far from easy.
I have seen far higher volumes at the height of the summer holidays than I have at this time of year when the markets should be in full swing.
Friday saw another fairly poor maximum potential of 335 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 33 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 11, 2021 | Daily Results
Individual currencies themselves are continuing their consolidation themes, with little momentum anywhere and painfully low volumes keeping overall point gains to a minimum. ICS Balances in all currency pairs were far from ideal too.
The Dom short German Dax broke higher on positive economic data, making trades a little tricky.
Thursday saw a fairly poor maximum potential of 310 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 31 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 10, 2021 | Daily Results
ICS Balances within our currency pairs was better today and we had what at first appeared to be decent momentum. However low trading volumes are keeping overall gains down to a bare minimum. Despite this there were still decent points available at our precise times.
The technically Dom long German Dax went totally against the grain in the early hours on Covid restrictions that are going to last until mid March at the earliest.
Wednesday saw a reasonable maximum potential of 470 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.
