Markets Update 04.01.21

Markets Update 04.01.21

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ICS Balances were terrible in all currency pairs, so our focus was on the Dax, even although there was German data out at 8.55am. There were still feasible Dom trend trades in our pairs but momentum was limited, as expected.

Monday saw another reasonable maximum potential of 660 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.

A TEN PERCENT target of this figure would have yielded 66 net points from specific Max Day Trading time/trend entries, with many additional opportunities in the US morning (UK afternoon) and US afternoon (UK evening) sessions.

 

 

 

Markets Update 30.12.20

Markets Update 30.12.20

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There were many ICS Balance conflicts today apart from one, the Dom long GBP/USD which gave steady and reliable points throughout the morning. The worst and first to be eliminated from our choices was the Dom short GBP/AUD, which became even more relevant with positive UK housing data at 7am. Unsurprisingly this lifted the pair against our Doms but there were still a couple of early trades available.

The Dom short EUR/AUD and German Dax behaved fairly well on low volumes.

Wednesday saw another reasonable maximum potential of 465 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.

A TEN PERCENT target of this figure would have yielded 46 net points from specific Max Day Trading time/trend entries, with many additional opportunities in the US morning (UK afternoon) and US afternoon (UK evening) sessions.

 

 

Markets Updates 29.12.20

Markets Updates 29.12.20

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Even although Brexit trade negotiations have been agreed, the pound continues to see-saw through lack of clarity as to what the deal really means. The unanimous EU vote to accept the deal left many Brexitiers wondering how much of the 1,246 page agreement will actually benefit the UK. Only time will tell and it unfortunately looks like Brexit swings in the pound aren’t going to leave us anytime soon.

The EUR/AUD & German Dax remained fairly flat but still with decent trades at our usual times.

Tuesday saw another 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.

A TEN PERCENT target of this figure would have yielded 50 net points from specific Max Day Trading time/trend entries, with many additional opportunities in the US morning (UK afternoon) and US afternoon (UK evening) sessions.

 

 

Markets Update & Weekly Totals 24.12.20

Markets Update & Weekly Totals 24.12.20

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WELCOME TO OUR WEEKLY ROUNDUP AND THURSDAYS DOM PROOFS

US presidential elections continue to drag on with continued controversy over voting fraud and counting irregularities. The uncertanty over who will eventually become president is still very predominant.

Again, Brexit and Coronavirus had their moments, causing temporary swings upon news announcements. The expectations of an EU trade deal saw the pound strengthen in the latter part of the week.

WEEKLY POINTS TOTAL: Including Thursday, there was a decent maximum potential over 4 days of 3,385 points from from specific Max Day Trading time/price level entries from the UK morning sessions. A TEN PERCENT target would have yielded a minimum of 338 points for the week.

 

THURSDAY (Christmas Eve).

Most currency pairs had decent ICS Balances today, giving a little extra momentum where we were lacking in volumes because of the holidays. Good points were had in all pairs at our usual times. However in contrast, the German Dax was almost at a standstill but there were still points available.

Thursday saw another reasonable maximum potential of 560 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.

A TEN PERCENT target of this figure would have yielded 56 net points from specific Max Day Trading time/trend entries, with many additional opportunities in the US morning (UK afternoon) and US afternoon (UK evening) sessions.

 

For the original postings at 6am of the above instruments, join out free Telegram channel; Trade Forex With MaxDayTrading. Full details below.

 

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Markets Update 23.12.20

Markets Update 23.12.20

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The pound remained in limbo today without any economic data and the aftermath of EU trade talks which continue to drag on. All our GBP pairs were technically Dom long but we had restricted trend momentum on poor ICS Balances.

There was also conflict in the Dom short EUR/AUD but in all cases the Doms ruled, as they also did in the Dax which was helped on by positive German data at 7am.

Wednesday saw a reasonable maximum potential of 675 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.

A TEN PERCENT target of this figure would have yielded 67 net points from specific Max Day Trading time/trend entries, with many additional opportunities in the US morning (UK afternoon) and US afternoon (UK evening) sessions.

 

 

For the original postings at 6am of the above instruments, join out free Telegram channel; Trade Forex With MaxDayTrading. Full details below.

 

For those who have not joined either our Free Telegram Channel or VIP Channel why not come and see how we do what we do? Go to our homepage to find out full details.

MORE INFORMATION