by Ian McArthur | Mar 25, 2021 | Daily Results
Economic data in both the UK and Germany could do little to boost our instruments in either direction, as volumes remain painfully low. We had some poor ICS Balances which also kept momentum and overall points down. Despite this we again had some very reasonable points at our usual times.
Thursday 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.
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 | Mar 24, 2021 | Daily Results
Individual currencies are themselves showing definitive strength and weakness but when paired in conflict (ICS Balance), momentum is seriously disrupted. This was very evident in the GBP/AUD & EUR/AUD, as weak individual currencies battled for the trend.
Economic data was also a problem today with early (negative) and mid morning (positive) GBP news, along with positive German data to disrupt the Dom short Dax. Despite all this, our technical Dom trends gave us good, reliable points at our usual times.
Wednesday saw another decent maximum potential of 645 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 64 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 | Mar 23, 2021 | Daily Results
Our Dom long GBP pairs were decimated on Covid fundamentals today, as our pathetic government suddenly announced £5k fines for those leaving the country for no valid reason (including holidays) as of this coming Monday. This also made the EUR drop like a stone too but thankfully the GBP/AUD & Dom long EUR/AUD still did fairly well on a very weak AUD.
This news also had the German Dax heading south but here, the price rallied up to the end of the UK morning session.
Tuesday saw a decent maximum potential of 620 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 62 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 | Mar 22, 2021 | Daily Results
The markets continue to consolidate with very low volumes for this time of year. Again this is affecting the strength of individual currencies, causing poor ICS Balances. Thankfully our Dom trend/time entries are still doing well.
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.
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 | Mar 18, 2021 | Daily Results
ICS Balances were so so today, leaving us a fairly strong UK pound and our GBP pairs trending in both directions. It was obvious that our short Dom GBP/AUD was going to struggle but decent points were had in all.
The EUR/AUD and German Dax did well at our usual times but volumes are still very low.
Thursday saw a reasonable maximum potential of 685 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 68 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 | Mar 15, 2021 | Daily Results
The markets continue to consolidate with low volumes and little momentum anywhere. Volatility is slower than at the height of the summer holidays, which is extremely unusual for this time of year. This is reflecting in poos ICS Balances and restricted points in all our instruments. Despite all this, our usual Dom trend, time entry trades did well with some decent points available.
Monday saw a reasonable 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.
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.
