by Ian McArthur | Jan 18, 2021 | Daily Results
ICS Balance played a big part in our choices of which GBP pairs to trade. There was good divergence in the Dom short GBP/JPY & GBP/USD pairs and this is where we saw the best momentum. However the highest points came courtesy of the Dom long GBP/AUD but here the price was quite manic and not the easiest to trade.
The Dom short EUR/AUD gave some decent and straightforward points and again, we saw a ‘blip’ in the manic and Dom short German Dax, possibly on the announcement that their Covid infection cases were at the lowest since last September.
Monday saw another reasonable maximum potential of 595 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 59 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 17, 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 actually becoming president of the United States hang in the balance, as Trump discloses even more evidence.
Again, Coronavirus and the UK aconomy is causing temporary swings upon news announcements.
WEEKLY POINTS TOTAL: Including Thursday, there was a decent maximum potential over 4 days of 2,790 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 279 points for the week.
FRIDAY
Our Dom long GBP pairs had to endure poor ICS Balances and negative UK economic data directly from the UK open, making trades far from easy. Despite this, the ‘strong ish’ UK pound didn’t lose too much ground and decent points were still available.
The Dom short EUR/AUD again suffered from a poor ICS Balance and trades were a little awkward but still good at our usual times. We also had a little ‘blip’ in our Dom Short German Dax on early UK EU export data but the Doms resumed nearer the end of the UK morning session.
If there was ever a rare time to ‘have a day off,’ from the financial markets, this was definitely one. The beauty though, we knew this before the day got underway!
Friday saw another reasonable maximum potential of 425 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 42 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 14, 2021 | Daily Results
The UK pound started to lose the strength it had built up over the last couple of days, changing our GBP pairs from Dom long to short. However the pound wasn’t outright weak and this caused quite a bit of ranging in most pairs, however with some decent points still available in all.
The Dom short EUR/AUD was a little more definitive with a better ICS Balance, though still ranging a little. Last but not least, the Dom long German Dax did well at our usual times but lost quite a bit of strength leading up to the US open at 12PM GMT.
Thursday saw another reasonable maximum potential of 515 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 51 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 13, 2021 | Daily Results
The UK pound continued with yesterdays strength, making all our GBP pairs Dom long yet again with good points available in all.
Again we had a Dom short EUR/AUD with a far from ideal ICS Balance but in the end, the Doms took hold and ruled yet again. The German Dax was more ranging but officially Dom short with good points at our usual times.
Wednesday saw another decent maximum potential of 545 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 | Jan 12, 2021 | Daily Results
In contrast to yesterday, the UK pound started off strong and this continued throughout the UK morning session. This reflected in our Dom long GBP pairs, though ICS Balance weren’t ideal.
The Dom short EUR/AUD did very well, as did the Dom short German Dax with good points available in both.
Tuesday saw another decent maximum potential of 705 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 70 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.
