by Ian McArthur | Jul 13, 2021 | Daily Results
Coronavirus fundamentals put a spanner in our Dom long GBP pairs, as ‘freedom day’ on the 19th of July gets reportedly more and more diluted. Thankfully there were still some trades at our usual times but prices in the GBP/JPY & GBP/USD ended up net short come the US open. The Dom short GBP/AUD fared much better with some very healthy points at our usual times, as did the Dom short EUR/AUD on lower volumes.
The Dom long German Dax did well on some very manic movements but momentum was poor.
Tuesday saw a reasonable maximum potential of 505 points from specific Max Day Trading time/trend entries within our five instruments from the UK morning session alone, with a minimum target of just 30.
JUST A TEN PERCENT target of this figure would have yielded 50 net points, with many additional opportunities in the US morning (UK afternoon) and US afternoon (UK evening) sessions.
by Ian McArthur | Jul 12, 2021 | Daily Results
ICS Balances (or lack thereof), along with continued low volumes kept momentum down to a minimum within our currency pairs today but thankfully we still had some good trades at our usual times.
The German Dax behaved a little better with some excellent points available.
Monday saw a decent maximum potential of 630 points from specific Max Day Trading time/trend entries within our five instruments from the UK morning session alone, with a minimum target of just 30.
JUST A TEN PERCENT target of this figure would have yielded 63 net points, with many additional opportunities in the US morning (UK afternoon) and US afternoon (UK evening) sessions.
by Ian McArthur | Jul 8, 2021 | Daily Results
Despite some poor ICS Balances, volumes have increased and our faithful Dom trends have got more precise with some excellent points today from all our currency pairs.
The casualty of the day was the Dom long Dax which suffered from negative German economic data. Even so, we still managed to salvage some good points before the US open.
Thursday saw a very healthy maximum potential of 955 points from specific Max Day Trading time/trend entries within our five instruments from the UK morning session alone, with a minimum target of just 30.
JUST A TEN PERCENT target of this figure would have yielded 95 net points, with many additional opportunities in the US morning (UK afternoon) and US afternoon (UK evening) sessions.
by Ian McArthur | Jul 7, 2021 | Daily Results
Individual currencies continue to be non directional, therefore ICS Balances were far from ideal and again our GBP pairs were trending in opposite directions. Mid morning positive UK economic data did little to lift the pound but we still had decent points at our usual times.
The rebel was again the Dom short Dax and even with negative German data, this climbed in conjunction with the Dom long US NAS100.
Wednesday saw a reduced maximum potential of 475 points from specific Max Day Trading time/trend entries within our five instruments from the UK morning session alone, with a minimum target of just 30.
JUST A TEN PERCENT target of this figure would have yielded 47 net points, with many additional opportunities in the US morning (UK afternoon) and US afternoon (UK evening) sessions.
by Ian McArthur | Jul 6, 2021 | Daily Results
Our GBP pairs were trending in both the Dom long and short directions today, along with having to contend with economic announcements and Covid fundamentals. Unfortunately an article appeared before the 9.30am data announcement, plummeting the UK pound because of a supposed new Covid variant that is more deadly than the Delta. Positive UK data did little to lift the pound shortly after. All in all we still managed some early points in our Dom long pairs (GBP/JPY & GBP/USD), with the benefit going to our Dom short pair (GBP/AUD).
The Dom short EUR/AUD did very well but the Dom long Dax suffered from mixed but mainly negative data which rebounded later in the morning.
Tuesday saw an increased maximum potential of 650 points from specific Max Day Trading time/trend entries within our five instruments from the UK morning session alone, with a minimum target of just 30.
JUST A TEN PERCENT target of this figure would have yielded 65 net points, with many additional opportunities in the US morning (UK afternoon) and US afternoon (UK evening) sessions.
by Ian McArthur | Jul 5, 2021 | Daily Results
There was only one decent ICS Balance at the UK open, the Dom long GBP/USD. This gave a very decent trend albeit on low volumes and the absent of US market movers in the afternoon due to the 4th July holiday. We had to rely on just Dom technical analysis for our remaining pairs and as expected, trend momentum was literally non existent. However we still had decent points at our usual times.
The Dom long Dax suffered again from economic data breaches, as negative German data at 8.55am had the price moving down far earlier than the official announcement. With the negativity already built in, the price recovered quickly giving us some good points on the way back up.
Monday saw a reasonable maximum potential of 410 points from specific Max Day Trading time/trend entries within our five instruments from the UK morning session alone, with a minimum target of just 30.
JUST A TEN PERCENT target of this figure would have yielded 41 net points, with many additional opportunities in the US morning (UK afternoon) and US afternoon (UK evening) sessions.
