by Ian McArthur | Jul 28, 2020 | Daily Results
ICS Balances were pretty much terrible today, leaving little choice between our currency pairs. One of the closest was the GBP/USD but even this wasn’t very good (Strong Minus -v- Weak Plus).
The EUR/AUD saw a convergence in individual currency strengths but despite this, ALL our currencies gave good points in the long Dom trend direction.
The Dax started the day as a Cat 3 long and we had some excellent points early on. However mid morning saw an article about a large spike in German coronavirus cases and the Dax subsequently plummeted to the US open session
Today we managed another decent maximum potential of 490 points from specific Max Day Trading time/price level entries from the UK morning session alone, with a minimum target of just 30.
A 10% target of this figure would have yielded 49 net points from specific Max Day Trading time/price level entries, with many additional opportunities in the US morning (UK afternoon) and US afternoon (UK evening) sessions.
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by Ian McArthur | Jul 27, 2020 | Daily Results
Our GBP pairs were both Dom Long and Short today with good trades and points in both directions. Lower volumes are still keeping a lid on overall currency pair gains.
The EUR/AUD and German Dax were both trending Dom Long and despite the strong euro, both did well with some good point gains.
We managed a decent maximum potential of 560 points from specific Max Day Trading time/price level entries from the UK morning session alone, with a minimum target of just 30.
A 10% target of this figure would have yielded 56 net points from specific Max Day Trading time/price level entries, with many additional opportunities in the US morning (UK afternoon) and US afternoon (UK evening) sessions.
For those who have not joined either our Free Telegram Channel or VIP Channel why not come and see how we do what we do? Go to our homepage to find out full details.
by Ian McArthur | Jul 23, 2020 | Daily Results
Apart from medium volatility German data at 7am and an EU block speech at 10am, there was nothing to stir the pot as far as momentum was concerned. Lower volumes are also amplifying movements on our screens with little in the way of points. We also have currency indexes pushing major levels where we are seeing profit takes and retraces soon after the UK open. Yet despite all this, our Dom trades behaved very well at our usual times with some very decent points available.
The Dom Long EUR/AUD had some very decent points and there was an assumption that the strong euro would put the lid on the Dom Long Dax but early German data gave this a very decent lift to the US open and good points in both.
Today saw a respectable maximum potential of 655 points from specific Max Day Trading time/price level entries from the UK morning session alone, with a minimum target of just 30.
A 10% target of this figure would have yielded 65 net points from specific Max Day Trading time/price level entries, with many additional opportunities in the US morning (UK afternoon) and US afternoon (UK evening) sessions.
For those who have not joined either our Free Telegram Channel or VIP Channel why not come and see how we do what we do? Go to our homepage to find out full details.
by Ian McArthur | Jul 22, 2020 | Daily Results
The pound index started the day as ‘weak ish’ and continued to weaken more after the UK open. This would make any Dom Long GBP pairs struggle, as our USD pairing did but not before some decent early points. Our Dom Short pairs did very well, especially the AUD pairing due to the strong divergence between the currency strengths with some exceptional points available.
We knew from the onset that the Dom Short EUR/AUD was going to struggle as both currencies were strong with literally full convergence within our ICS Balances. However our usual early trades did well and even some later ones did good.
There was a similar problem with the Dom Short German Dax. Despite having the benefit of a strong euro, there was a conflict with the US Dow 30 which was trending long. However again the Doms ruled with our early trades and after some manic spikes, there were some excellent trades later in the morning.
Today saw similar gains to yesterday with a respectable maximum potential of 765 points from specific Max Day Trading time/price level entries from the UK morning session alone, with a minimum target of just 30.
A 10% target of this figure would have yielded 76 net points from specific Max Day Trading time/price level entries, with many additional opportunities in the US morning (UK afternoon) and US afternoon (UK evening) sessions.
For those who have not joined either our Free Telegram Channel or VIP Channel why not come and see how we do what we do? Go to our homepage to find out full details.
by Ian McArthur | Jul 21, 2020 | Daily Results
Before we started trading today, there was one pair we knew to immediately dismiss, the GBP/AUD. Even although this was Dom Long, our ICS Balances showed us that both currencies were strong and therefore trend momentum would be very weak. Low and behold, that’s exactly what happened but even then, there were still 5 decent trades available in our direction before the price ended up net short come the US open. Our other GBP pairs did very well with good points on lower trading volumes.
The Dom Short EUR/AUD behaved very well and the weak euro helped the Dom Long German Dax with excellent points in both.
Today saw an improvement on yesterday with a respectable maximum potential of 780 points from specific Max Day Trading time/price level entries from the UK morning session alone, with a minimum target of just 30.
A 10% target of this figure would have yielded 78 net points from specific Max Day Trading time/price level entries, with many additional opportunities in the US morning (UK afternoon) and US afternoon (UK evening) sessions.
For those who have not joined either our Free Telegram Channel or VIP Channel why not come and see how we do what we do? Go to our homepage to find out full details.
by Ian McArthur | Jul 20, 2020 | Daily Results
Fundamentals, poor ICS Balances and low volumes are playing havoc with our currency pairs at the moment. Non official data relating to coronavirus economic recovery and a possible vaccine greatly lifted the initial ‘weak plus’ GBP strength index, putting a spanner in the works of our Dom Short GBP/JPY & GBP/AUD. Regardless there were still one or two early trades each before the rot set in. Our Dom Long GBP/USD did very well from this and we saw some very good points, even on very low volumes.
Again, the Dom Long EUR/AUD behaved very well but we are suffering from an overbought euro and profit taking was evident in the run up to the US open.
The Dom Long German Dax was its usual outlandish self with some huge trends and counter trends from the announcement of ‘negative plus’ German data at 7am.
Despite all this, we saw another decent maximum potential of 575 points from specific Max Day Trading time/price level entries from the UK morning session alone, with a minimum target of just 30.
A 10% target of this figure would have yielded 57 net points from specific Max Day Trading time/price level entries, with many additional opportunities in the US morning (UK afternoon) and US afternoon (UK evening) sessions.
For those who have not joined either our Free Telegram Channel or VIP Channel why not come and see how we do what we do? Go to our homepage to find out full details.
