by Ian McArthur | Feb 2, 2021 | Daily Results
Again there were ICS Balance conflicts in most of our currency pairs, especially GBP/AUD but again we were fully aware of this before our trading session started. However there were still decent points available though entries were a little tricky.
The Dom long German Dax gave the best points again but this is by far not for the faint hearted!
Tuesday 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 1, 2021 | Daily Results
ICS Balances and Negative German data made trading all of our instruments somewhat difficult today. However our Dom trend directions and timed entries did fairly well under the circumstances with decent points available in all.
Monday saw a very reasonable maximum potential of 745 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 74 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 | Jan 30, 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 3,015 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 301 points for the week.
FRIDAY
Friday started off with very poor ICS Balances in most currency pairs, restricting momentum and making entries a little tricky. We had most points again from the highly volatile and manic German Dax but again, some entries were easy and some weren’t.
Friday saw a greatly improved maximum potential of 925 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 92 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 | Jan 28, 2021 | Daily Results
ICS Balance were better in some and not so good in others. The first dismissal would have been the GBP/JPY with 2 strong ish currencies battling it out. However there was good points to be had in all.
The Dom long EUR/AUD did well, as did the Dom short Dax until later in the morning with the expectation of positive data.
Thursday saw a greatly improved maximum potential of 900 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 90 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 | Jan 27, 2021 | Daily Results
Today was a marked improvement on yesterday but still the markets seem to be consolidating and volumes remain on the low side. ICS Balance showed us the best currency pairs to trade, though points were restricted with some instruments up against major resistance.
Our usually plentiful Dax (Dom long) took a bit hit at the open with not only negative German consumer confidence, but a huge deviation from the forecast which saw the index plummet 230 points before the end of the UK morning/ US open session. There were still a couple of trades available but these were highly risky and wouldn’t have been recommended.
Wednesday saw a marginally better maximum potential of 440 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 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.
