by Ian McArthur | Mar 9, 2022 | Daily Results
We knew from the onset that the best pair with the most trend momentum was the GBP/JPY on a decent ICS Balance, and this did not disappoint with some excellent points at our usual times.
A ‘Weak Plus’ AUD Index restricted movements and overall points in our related Dom long pairs but still, good points were available.
For the record, the Dom long Dax did very well on an easing of the eastern European conflict, which was also reflected in plummeting oil.
Wednesday saw a decent maximum potential of 395 from specific Max Day Trading time/level entries within our four instruments from the UK morning session alone.
JUST A TWENTY PERCENT target would have yielded 79 net points, with many additional opportunities in the US morning (UK afternoon) and US afternoon (UK evening) sessions.
DAX CLOSE PRICE: 13413.4
IMPORTANT NOTE. Owing to the extreme volatility of the German Dax (and all other stock indices), point gains will no longer be displayed for this instrument until further notice. Early analysis will still be posted in VIP and combined analysis will be posted in Forex Trading Results (Telegram) showing how the price reacted from the usual 6am to 12pm time slot.
by Ian McArthur | Mar 8, 2022 | Daily Results
ICS Balance, or lack thereof within the GBP/JPY warned us of a lack of momentum and possibility of counter trending against our Dom technical conclusions. However there were still some decent points at our usual times.
ICS Balances were better in the GBP/AUD and EUR/AUD and here we had some steady momentum and good points.
For the record, the Dom short Dax rebounded on positive German economic data.
Tuesday saw another reasonable maximum potential of 475 from specific Max Day Trading time/level entries within our four instruments from the UK morning session alone.
JUST A TWENTY PERCENT target would have yielded 95 net points, with many additional opportunities in the US morning (UK afternoon) and US afternoon (UK evening) sessions.
IMPORTANT NOTE. Owing to the extreme volatility of the German Dax (and all other stock indices), point gains will no longer be displayed for this instrument until further notice. Early analysis will still be posted in VIP and combined analysis will be posted in Forex Trading Results (Telegram) showing how the price reacted from the usual 6am to 12pm time slot.
by Ian McArthur | Mar 7, 2022 | Daily Results
We had some decent ICS Balances again today, indicating relentless short trends within our 3 currency pairs. The only problem we had was all instruments are continuing to push Major Support levels, leaving little room manoeuvre.
Despite this, we still had some very decent points at our usual times,
Monday saw a reasonable maximum potential of 535 from specific Max Day Trading time/level entries within our four instruments from the UK morning session alone.
JUST A TWENTY PERCENT target would have yielded 107 net points, with many additional opportunities in the US morning (UK afternoon) and US afternoon (UK evening) sessions.
IMPORTANT NOTE. Owing to the extreme volatility of the German Dax (and all other stock indices), point gains will no longer be displayed for this instrument until further notice. Early analysis will still be posted in VIP and combined analysis will be posted in Forex Trading Results (Telegram) showing how the price reacted from the usual 6am to 12pm time slot.
by Ian McArthur | Mar 4, 2022 | Weekly Roundup
ICS Balances were actually good today for a change, giving some excellent trend momentum and points within our currency pairs. Continuing eastern European conflict kept the pressure on stocks and the German Dax didn’t disappoint.
Friday saw a very decent maximum potential of 1,210 from specific Max Day Trading time/level entries within our four instruments from the UK morning session alone.
JUST A TEN PERCENT target would have yielded 121 net points, with many additional opportunities in the US morning (UK afternoon) and US afternoon (UK evening) sessions.
by Ian McArthur | Mar 3, 2022 | Daily Results
Eastern European news continues to disrupt the markets, with risk being transferred back and fourth between stocks and currencies depending on the seriousness of the content.
Our Dom long Dax initially plummeted on negative German economic data, but less severe news regarding the Russian/Ukrainian conflict lifted stocks a little and have thankfully continued this mode throughout the day. Oil is also down since lunchtime which is another good sign.
Based on our ICS Balances, our first dismissal today was the GBP/AUD, as two strong currencies battled it out within the pair. Our other pairs did well, with the best initial balance going to the EUR (Weak side) and the AUD (Strong side). Good points were available at our usual times.
Thursday saw a decent maximum potential of 690 from specific Max Day Trading time/level entries within our four instruments from the UK morning session alone.
JUST A TEN PERCENT target would have yielded 69 net points, with many additional opportunities in the US morning (UK afternoon) and US afternoon (UK evening) sessions.
