by Ian McArthur | May 6, 2021 | Daily Results
Again we had very little strength or weakness within our individual currencies today, therefore momentum within our pairs was always going to be limited. To make things worse, our GBP pairs were trending on both the Dom long and short direction. Despite all this, decent trades were still available at our usual times.
Positive German and Block EU data helped to lift the Dom short EUR/AUD but had little effect on the Dom long Dax but again, good points were had in both.
Thursday saw another reasonable maximum potential of 650 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.
JUST A TEN PERCENT target of this figure would have yielded 65 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 | May 5, 2021 | Daily Results
We knew from the onset that momentum was going to be restricted in our currency pairs today, as all individual indexes were all showing strength of some sought. However, the Doms comfortably gave very decent points at our usual times.
The Dom short German Dax was immediately red-flagged, trending against the Dom long US30, JPN225 and FTSE100. However there were still a few decent trades available before ending the morning net long.
Wednesday saw another reasonable maximum potential of 560 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.
JUST A TEN PERCENT target of this figure would have yielded 56 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 | May 4, 2021 | Daily Results
Individual currency strengths gave us little in the way diversions and therefore momentum within our technical Dom conclusions. However as usual, the Doms ruled with some very decent points, especially in our Dom long GBP pairs. Positive UK data also helped from 9.30am.
The EUR/AUD and German Dax were fairly manic but we still had some decent points with slightly increased volumes.
Tuesday saw another reasonable maximum potential of 700 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.
JUST 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.
by Ian McArthur | Apr 29, 2021 | Daily Results
During the UK morning session, there was an unusual weakening of the JPY Index and a slight strengthening of the US dollar. This affected trend momentum in related pairs with worsening ICS Balances but not our overall Dom trends. Decent points were available in all our currency pairs but again, volumes are very much restricting overall point gains.
Negative German economic data also had its effect on the Dom long Dax, with a net short come the US open but still decent points available at our usual times.
Thursday saw another reasonable maximum potential of 495 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.
JUST A TEN PERCENT target of this figure would have yielded 49 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 | Apr 28, 2021 | Daily Results
Yet again the UK pound started the day with little overall strength and continued to weaken throughout the UK morning session. This did little to help our Dom long GBP pairs, with reliance more on the weakness of the secondary currency. This sufficed for our usual trades with decent points available but again on painfully low volumes.
The Dom long EUR/AUD struggled a little with negative German economic data but the Dom short Dax counter-trended on UK, EU trade agreements. Good points were still available in both at our usual times.
Wednesday saw another reasonable 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.
JUST 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.
by Ian McArthur | Apr 27, 2021 | Daily Results
The pound Index started the day with little strength so trends were mainly reliant on the strength or weakness of its partner, and here our ICS Balances were far from ideal. Our GBP pairs were again trending in the long and short directions and thankfully we had decent points at our usual times.
With the AUD Index losing strength throughout the morning, this did little to help the Dom short EUR/AUD but fortunately we knew this before the UK morning session got underway.
There was a conflict between the German Dax, US30 and JPN225, with the former trending long and the latter two trending short. Again, good trades were available at our usual times.
Tuesday saw another reasonable maximum potential of 410 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.
JUST A TEN PERCENT target of this figure would have yielded 41 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.
