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 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.
by Ian McArthur | Mar 2, 2022 | Daily Results
The influence from the eastern Europe conflict continues to dominate market sentiment, as risk is transferred from stocks to currencies depending on the severity of the situation. Positive UK economic data lifted the GBP slightly, restricting points from our Dom long pairs.
The Dom short EUR/AUD did well on a decent ICS Balance, with the Dom short Dax gaining ground on positive German data.
All in all, there were some decent points in all our instruments at our usual times.
Wednesday saw another very decent maximum potential of 990 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 99 net points, with many additional opportunities in the US morning (UK afternoon) and US afternoon (UK evening) sessions.
by Ian McArthur | Mar 1, 2022 | Daily Results
The situation in eastern Europe dominated the markets again today, with risk being transferred from stocks to currencies as the situation between Russia and the Ukraine deteriorates. This was clearly evident in falling stocks and rising oil.
This made ICS Balances within our pairs far from ideal, with momentum and overall points being restricted. However good points were still available at our usual times.
Our main casualty today was our initially Dom long Dax, which started to plummet as soon as news came in of the conflict severity. There were a couple of decent early trades and late trades but overall, the later trades were risky but feasible.
Tuesday saw another very decent maximum potential of 760 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 76 net points, with many additional opportunities in the US morning (UK afternoon) and US afternoon (UK evening) sessions.
by Ian McArthur | Feb 28, 2022 | Daily Results
We start another week with high tensions in eastern Europe, with swings in stocks and oil. Both are indicating a ‘less severe’ situation with rising stocks and falling oil. Our technical Domino Effect (Dom) analysis again proved very well under such volatile conditions, with some excellent points at our usual times in all our instruments.
Monday saw another very decent maximum potential of 1,020 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 102 net points, with many additional opportunities in the US morning (UK afternoon) and US afternoon (UK evening) sessions.
