by Ian McArthur | Apr 26, 2021 | Daily Results
Our GBP pairs were trending both Dom long and short at the UK open, which always feels a bit odd. However looking at the ICS Balance and the end result, the analysis couldn’t have been any better. Good trades were available in both directions at our usual times.
The ‘dark horse’ was again the Dom long EUR/AUD with 2 strong currencies battling it out. Even with a net short come the US open, trades were still available at our exact times, which was reflected also in the Dom long German Dax. Volumes in all instruments remain very low for this time of year.
Monday saw a reasonable maximum potential of 480 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 48 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 22, 2021 | Daily Results
The UK pound continued its demise today, with the best ICS Balance being the Dom short GBP/AUD and some excellent points available. Balances in other pairs weren’t so good but we still had some decent points at our usual trading times, considering our GBP pairs were again trending in both long and short directions. Volumes in all currency pairs remain very low.
The strengthening EUR Index made trading a little difficult in the Dom short EUR/AUD but along with the Dom long German Dax, decent points were still available.
Thursday saw another decent 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 21, 2021 | Daily Results
Our GBP pairs were trending in both the Dom long and short direction, with an official index of weak. Mixed but mainly positive UK data at 7am gave a brief lift but the pound couldn’t really make its mind up. There were still some decent trades in both directions at our usual times.
Again there was a terrible ICS Balance within the Dom long EUR/AUD, with two weak currencies battling it out. There were still some good trades available but as expected, the price ended up net short come the US open.
The Dom short German Dax traded fairly flat but with some decent short trades at our usual times.
Wednesday saw another decent 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 | Apr 20, 2021 | Daily Results
The GBP Index was at the bottom of the H4 chart at the end of last week, so any rebound we saw yesterday may have just been temporary and this has reflected in its steady demise. Mixed but mainly positive UK economic data at 7am today did nothing to stop the decline. However there were still some good trades in our all our Dom long GBP pairs at our usual times.
The Dom long EUR/AUD took a while to move on a poor ICS Balance but did eventually with some very decent points. The ‘strong ish’ EUR Index helped the Dom short Dax, of which positive German data had literally no effect with some excellent short trades.
Tuesday saw another decent 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 15, 2021 | Daily Results
The strengthening AUD Index, along with the weakening GBP & EUR Indexes gave decent ICS Balances in our Dom short GBP/AUD & EUR/AUD pairs with excellent points available. On the flip side, the USD and JPY Indexes gave conflict in the GBP/JPY & GBP/USD pairs but still we managed some decent points at our usual times.
The odd one out was the Dom short German Dax, again in conflict with the US Dow and also the UK, FTSE100 and JPN225 which were all trading long.
Thursday saw another decent maximum potential of 550 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 55 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 14, 2021 | Daily Results
Individual currency strength indexes themselves continue to meander with no forceful direction, as low volumes continue to grip the markets. Balances were therefore far from ideal but we still managed some half decent points in all our instruments at the usual times. The strong AUD boded well for our Dom short GBP/AUD & EUR/AUD while the weak USD was in ICS Balance conflict with the GBP, giving no momentum in the GBP/USD pair.
The German Dax started the morning Dom long but Covid fundamentals put a stop to the index finishing net long come the US open.
Wednesday saw another decent maximum potential of 475 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 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.
