by Ian McArthur | Feb 5, 2022 | Weekly Roundup
The best ICS Balance within our currency pairs was again the EUR/AUD, with a strong EUR Index and a weak AUD index. Again we were informed of the strong long momentum before the UK open. Other balances were not as good so more reliance was placed on our Dom technical analysis and we still had good points at our usual times.
The Dom short Dax totally ignored positive German data, with the biggest one day loss this year so far, with some eye watering points were available.
Friday saw a very respectable maximum potential of 1,030 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 206 net points, with many additional opportunities in the US morning (UK afternoon) and US afternoon (UK evening) sessions.
by Ian McArthur | Jan 29, 2022 | Weekly Roundup
ICS Balances favoured the GBP/AUD & EUR/AUD, again with knowledge of this before the UK morning session started. This reflected in strong trends and excellent points from both pairs.
The conflict was in the GBP/JPY, as a strong GBP Index did battle with a strengthening JPY Index. However we still had some decent points at our usual times, with a net long come the end of the UK morning session.
The Dom long Dax suffered on negative German economic data and although earlier points were feasible and available, there was little confidence in long trades.
Friday saw another very reasonable maximum potential of 720 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 144 net points, with many additional opportunities in the US morning (UK afternoon) and US afternoon (UK evening) sessions.
by Ian McArthur | Jan 22, 2022 | Weekly Roundup
Negative UK economic data benefited our Dom short GBP/JPY but hindered our Dom long GBP/AUD. As this data was at the UK open at 7am, this set the tone for a weak GBP Index which lasted all day. It was obvious that the former would be our choice and this didn’t disappoint.
The Dom long EUR/AUD fared well, as did the Dom short German Dax, both giving some excellent points.
Friday saw an improved maximum potential of 600 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 120 net points, with many additional opportunities in the US morning (UK afternoon) and US afternoon (UK evening) sessions.
by Ian McArthur | Jan 16, 2022 | Weekly Roundup
Weak fundamentals are keeping the markets in consolidation mode, with little momentum anywhere. However our Dom trend directions and specific trade entries still remain reliable with good points from all our instruments.
The end of the week saw an improved maximum potential of 560 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 112 net points, with many additional opportunities in the US morning (UK afternoon) and US afternoon (UK evening) sessions.
by Ian McArthur | Dec 24, 2021 | Weekly Roundup
Volumes were extremely low today in the run up to the Christmas holidays. Currency pairs remain open at the moment but most stock indices, including the German Dax closed Thursday night at 21.59 GMT. Points within our instruments were still feasible at our usual times.
Friday (Christmas Eve) saw a reasonable maximum potential of 455 points from specific Max Day Trading time/trend entries within our five instruments from the UK morning session alone.
JUST A TWENTY PERCENT target of this figure would have yielded 191 net points, with many additional opportunities in the US morning (UK afternoon) and US afternoon (UK evening) sessions.
Have a great Christmas holiday and we’ll be back here on Wednesday 29th December.
by Ian McArthur | Dec 18, 2021 | Weekly Roundup
Even positive UK economic data couldn’t save the demise of the UK Pound under the latest Covid restrictions, which brought limited points in our Dom long GBP pairs.
The Dom long EUR/AUD remained fairly flat but there were still some good long trades at our usual times.
It also took a while for the Dom short Dax to react to negative German data and here again we had some very decent points.
Friday saw another reasonable maximum potential of 760 points from specific Max Day Trading time/trend entries within our five instruments from the UK morning session alone.
JUST A TWENTY PERCENT target of this figure would have yielded 152 net points, with many additional opportunities in the US morning (UK afternoon) and US afternoon (UK evening) sessions.
