by Ian McArthur | May 28, 2020 | Daily Results
Our GBP pairs were both Dom Long and short again, as per technical analysis before 7am today and there were many precise points in both directions right throughout the UK morning session.
There was a similar story with our Dom Short EUR/AUD with some very good early trades. However the Euro gained strength in the latter half of the morning and I can only attribute this to 3 ‘hawkish’ EU speeches from 8.30am.
I would also say, in the absence of any solid data, that this bolstered the Dom Long German Dax with some excellent points available.
Today we managed another very respectable maximum potential of 925 points from specific Max Day Trading time/price level entries from the London morning session alone, with a target of just 30.
A 10% target of this figure would have yielded a minimum of 92 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 | May 27, 2020 | Daily Results
Ironically today, the GBP pair with the worst ICS Balance actually gave us the most points, (GBP/AUD) although the price was very manic and far from relentless like the other 2 pairs (GBP/JPY & GBP/USD). All gave excellent points in both the Dom Long and Short direction.
The EUR/AUD was Dom Short and again, we had some excellent points on a relentless short trend that has now smashed Major Support.
The German Dax had a similar problem but at the opposite end of the scale, being tight up against a Major Resistance. However again there was still some very good long trades available but this kept a lid on overall points.
Today we managed a very respectable maximum potential of 885 points from specific Max Day Trading time/price level entries from the London morning session alone, with a target of just 30.
A 10% target of this figure would have yielded a minimum of 88 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 | May 21, 2020 | Daily Results
The big difference today was UK data being announced at the usual time of 9.30am. Even although the data was positive and went on to change the intrasession trend, we were able to perform all our early GBP trades in the short Dom direction, taking advantage of pre-news selloffs. The only limitations we had were the lack of trades later in the morning.
The Dom Short EUR/AUD had a terrible ICS Balance and suffered later in the morning with positive EU data but still yielded some very good points, proving that ‘the Doms always rule.’
The German Dax started the day as Dom Long but negative German data pulled the price lower into the US open (then rocketed in the early US hours). Decent points were still available.
Today we managed a maximum potential on lower volumes of 365 points from specific Max Day Trading time/price level entries from the London morning session alone, with a target of just 30.
A 10% target of this figure would have yielded a minimum of 36 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 | May 20, 2020 | Daily Results
Yet again, early negative UK data put an immediate spanner in the works of all our GBP pairs which were Dom Long at the UK open. This is very frustrating as all main UK data (apart from housing) is usually announced at 9.30am. The overall influence of the news didn’t last too long apart from the GBP/AUD on a strengthening AUD Index and all GBP pairs had decent overall trades.
The strengthening AUD also disrupted the EUR/AUD but the ICS Balance was terrible today and this would have been way down our pecking order. Still some decent early trades though.
The German Dax had some good early Dom Short trades before recovering into the US session.
Today we managed a decent maximum potential on lower volumes of 510 points from specific Max Day Trading time/price level entries from the London morning session alone, with a target of just 30.
A 10% target of this figure would have yielded a minimum of 51 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 | May 19, 2020 | Daily Results
Early fundamentals played a big part in all our currency pairs today with the annoyingly early UK data at 7am, along with German and Euro block data at 10 & 11am. The 7am UK data was mixed but the pound generally strengthened, benefiting our Dom Long pairs. However our Dom Short GBP/AUD remained short despite the positive news.
The EUR/AUD started the day Dom Short but positive German data and EU ZEW Economic Sentiment saw the Euro strengthen for the rest of the morning.
The strange one today was the German Dax. This started the day Dom Long and we witnesses what seemed to be a genuine (for a change) pre-news selloff until the data release. 10am saw a huge deviation of positive German data that would normally have skyrocketed the index after a 230 point selloff, yet there was no price spike on the announcement and the price even fell until the end of the UK morning session. I realise that a stronger Euro can counter German stock prices but not usually to this extent.
All instruments yielded excellent points in both the technical long and short Dom directions and we managed a very respectable maximum potential of 870 points from specific Max Day Trading time/price level entries from the London morning session alone, with a target of just 30.
A 10% target of this figure would have yielded a minimum of 87 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 | May 18, 2020 | Daily Results
Our ICS Balances were again very mixed strengths today. The main concern was the grossly oversold GBP at the bottom of the H4 chart major support. The ‘weak plus’ index continued to gain strength throughout the UK morning session and as expected, put a bit of a spanner in our GBP/JPY and GBP/USD . However the GBP/AUD was not only net short come the US open, this continued to the end of the US session as I write. This was due to the AUD again gaining strength from the UK open. ALL GBP pairs had decent early trades but more so the AUD pairing.
The Dom Long EUR/AUD also suffered from the strengthening AUD but not before some decent early trades.
The German Dax was Dom Long with some excellent points available and this continued strongly by following Dow30 ’till the end of the US session.
Despite this, we still managed a decent maximum potential of 470 points from specific Max Day Trading time/price level entries from the London morning session alone, with a target of just 30.
A 10% target of this figure would have yielded a minimum of 47 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.
