by Ian McArthur | Oct 21, 2022 | News, Weekly Roundup
The UK political turbulance is causing far more fundamential moves within our GBP pairs, making technical trading far harder than usual. However being armed with this knowledge, combined with the Domino Effect strategy, we still managed some very nice points in the morning session.
See our totals below for the UK morning session alone, with many additional opportunities and points available in the US morning (UK afternoon) and US afternoon (UK evening) sessions.
by Ian McArthur | Oct 20, 2022 | Daily Results, News
The GBP continues to be influenced by fundamentals, making our technical analysis and trade entries / exits more difficult. ICS Balances reflected this also, with very little momentum anywhere.
The beauty however is we knew this before the start of the UK morning session and could chose to trade, or on to trade! Overall points were still fairly plentiful but in no way were easy.
We live to trade another day!
See our totals below for the UK morning session alone, with many additional opportunities and points available in the US morning (UK afternoon) and US afternoon (UK evening) sessions.
by Ian McArthur | Oct 19, 2022 | Daily Results, News
Like yesterday, the GBP was fundamentally (not technically) driven by continued political infighting. Today we had the added ‘thorn’ of UK economic data at 7am which drove the GBP further down, giving yet more fundamental moves.
Overall there were still some decent points available after the markets settled.
See our totals below for the UK morning session alone, with many additional opportunities and points available in the US morning (UK afternoon) and US afternoon (UK evening) sessions.
by Ian McArthur | Oct 18, 2022 | Daily Results, News
Political infighting saw a the GBP Index weaken from a ‘Strong Ish,’ through to a ‘Strong Minus’ to its current (and expected) Weak Ish. This made price movement within our GBP pairs far more fundamental than technical and harder to predict.
We still had some decent earlier points but entries and exits were fairly obscure. Understandably ICS Balances deteriorated throughout the morning but some decent points were still available at the start of the UK morning session.
See our totals below for the UK morning session alone, with many additional opportunities and points available in the US morning (UK afternoon) and US afternoon (UK evening) sessions.
by Ian McArthur | Oct 15, 2022 | Weekly Roundup
ICS Balances were no better than Fair today, as we contended with the aftermath of yesterdays spikes. The GBP Index continued to lose strength from a category of Strong Minus. Not good to trade with but we still had some good, though fairly manic points. The EURAUD looked strange, being technical Dom long but with such a low level from the UK open. Decent long trades were still available.
See our totals below for the UK morning session alone, with many additional opportunities and points available in the US morning (UK afternoon) and US afternoon (UK evening) sessions.
