by Ian McArthur | Apr 1, 2020 | Daily Results
The markets aren’t getting any better and we can look forward to some absolutely horrendous economic data in the months to come. Will this prevent or even slow down our technical Dom trading? Hell no!!
It’s pretty much business as usual with good, though volatile trades in both the long and short Dom directions.
Today we managed another very healthy maximum potential of 1,510 points from specific Max Day Trading time/price level entries from the London morning session alone, with a target of just 30.
To reiterate, I have reflected the increased spreads that we are being charged, though these are slightly decreasing and all figures quoted are net.
A 10% target of this figure would have yielded a minimum of 151 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 | Mar 31, 2020 | Daily Results
Coronavirus fundamentals are playing havoc with our technical Doms but we are still seeing excellent trades in the former half of the London open.
The big surprise today was a plummeting AUD in early trading. My only guess is there was positive AU data in the early hours which strengthened the AUD. There then seemed to be some aggressive profit taking from the long spike once the UK market movers came online. This obviously affected all pairs linked to the AUD. Still, there were some good early trades to be had.
Today we managed another healthy maximum potential of 1,205 points from specific Max Day Trading time/price level entries from the London morning session alone, with a target of just 30.
To reiterate, I have reflected the increased spreads that we are being charged, though these are slightly decreasing and all figures quoted are net.
A 10% target of this figure would have yielded a minimum of 120 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 | Mar 30, 2020 | Daily Results
In all this madness it’s wonderful to see that the Doms are behaving very well and continue giving great points.
Volatility is dropping a little and again this is being reflected in slightly lower spreads from our brokers. Hopefully all this is due to reports of possible cures, death rates slowing down and mass ventilator manufacturing. Seems to be a small light at the end of this very long tunnel.
Today we managed another healthy maximum potential of 1,420 points from specific Max Day Trading time/price level entries from the London morning session alone, with a target of just 30.
To reiterate, I have reflected the increased spreads that we are being charged and all figures quoted are net.
A 10% target of this figure would have yielded a minimum of 142 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 | Mar 26, 2020 | Daily Results
This is going to be the roughest 3-6 months that the financial markets are going to experience in the last 100 years. We’ve already seen this with stocks and I would expect more of the same with some of the most horrendous forthcoming economic data releases in our lifetime.
Today, our early Doms did very well with excellent points owing to the increased volatility, though prices have become manic as fundamentals are observed.
All our instruments initially complied with our technical Doms with a maximum potential of 1,375 points from specific Max Day Trading time/price level entries from the London morning session alone, with a target of just 30. To reiterate, I have reflected the increased spreads that we are being charged and all figures quoted are net.
A 10% target of this figure would have yielded a minimum of 137 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.
Stay safe and keep well in this continued madness.
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 | Mar 25, 2020 | Daily Results
Just when we thought that Brexit fundamentals were finally receding to make our technical analysis easier, Coronavirus comes along and makes things twice as bad (at least!). Unfortunately these fundamentals are going to last for many months and will have a more profound effect for possibly years to come. Businesses and economies are going to take a long time to recover, with government debt and QE reaching all time highs to pay for it all.
The saving grace for us traders is we have a reliable strategy that literally never fails to pull in consistent points whatever the market is doing, though we must be aware of any news that may swing the markets (vaccines, cures etc.)
It was nice to get back to a full itinerary of instruments today and the figures didn’t disappoint.
All our GBP instruments were Dom Long and fared well with good points available until some big swings after the US open.
The EUR/AUD started off Dom Short but the euro in itself strengthened during the morning but there were still some good trades available.
The Dax was initially Dom Long but negative German data caused a big selloff leading to the US open. This did not affect our long trades earlier on with massive points available with the increased volatility.
The increased volatility continues to bring in higher than average points, with a maximum potential of 1,665 points from specific Max Day Trading time/price level entries from the London morning session alone, with a target of just 30. To reiterate, I have reflected the increased spreads that we are being charged and all figures quoted are net.
A 10% target of this figure would have yielded a minimum of 166 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 | Mar 24, 2020 | Daily Results
The UK is now literally on full lock-down and our liberties have been drastically reduced, mainly due to the morons who ignored government advice and congragated in their thousands in parks and beaches last weekend. Anyway, rant over.
Our usual trading platform has suffered technical problems so there’s been quite a reduction on the charts and information that I usually post. Hopefully this will be resolved by tomorrow.
Our personal currency trades did very well, with the help of other MT4 platforms. In particular, the Dax gave some excellent points in the long direction after good German data and the fact that stocks have recovered a little on the back of Boris Johnsons’ speech last night, outlining restrictions that may finally slow down the spread of the Coronavirus disease in the UK. Measures that should have been taken weeks ago.
I do hope you are all keeping safe and well in this very, very strange time.
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.