by Ian McArthur | Dec 22, 2020 | Daily Results
Fundamentals played their part today, giving a well needed boost to all our currencies pairs on poor ICS Balances. The exception was the Dom short Dax having positive German data, causing an intraday trend change to long.
Tuesday saw a decent maximum potential of 945 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 94 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.
by Ian McArthur | Dec 21, 2020 | Daily Results
ICS Balances played a big part in instrument choice today, with top scores going to the Dom long GBP/JPY & GBP/USD with best divergence. Third on the list was the Dom long GBP/AUD, with a weak GBP against a weak-ish AUD. Still some decent points to be had. Dead last was the Dom long EUR/AUD, with equally weak currencies battling it out. Clearly the AUD ended up the weakest, sending this pair long from a Dom Cat 2 in the Asia session to eventually a Cat 3.
The Dom short German Dax did very well on negative EU trade talks and Covid infection rates.
Monday saw a very decent maximum potential of 1205 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 120 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.
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by Ian McArthur | Dec 19, 2020 | Weekly Roundup
WELCOME TO OUR WEEKLY ROUNDUP AND FRIDAYS 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 threat of a no deal saw the pound weaken in the latter part of the week.
WEEKLY POINTS TOTAL: Including Friday, there was a decent maximum potential of 3,405 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 340 points for the week.
FRIDAY
We had mixed Dom trend directions within our GBP pairs and early UK data that came in mainly positive. This would normally play havoc in deciding to trade the long or short pairs. However another factor was worsening EU trade negotiations which gradually weakened the pound throughout the morning. There were still trades at our usual times in both directions but fundamentals and poor ICS Balances restricted any momentum.
The Dom long EUR/AUD fared well on positive EU data, as did the Dax on positive German data.
Friday saw another reasonable maximum potential of 595 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 59 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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by Ian McArthur | Dec 17, 2020 | Daily Results
There were some obvious choices before we even started today regarding ICS Balances. We knew to avoid any Dom long pairings with the AUD, as this itself was strengthening from positive AU data at 00.30am. Better balances were found in the GBP/JPY and especially the GBP/USD, which we knew before we traded. The worst was the EUR/AUD as we had 2 strong currencies battling it out. Again we were fully aware of this at the UK open.
The Dom long German Dax gave some slightly less manic points today, as the limbo continues with trade talks.
Thursday saw a reasonable maximum potential of 530 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 53 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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by Ian McArthur | Dec 16, 2020 | Daily Results
The pound continues to err on the positive side, as EU trade talks continue to make steady progress but fisheries still remain a sticking point. Our Dom long GBP pairs fared very well under the circumstances with good points available in all.
There was a bit of a hiccup with the Dom short EUR/AUD with positive EU data but we still had some decent points at our usual times. There was also generally positive German data which further lifted the German Dax, giving excellent points up to the end of the UK morning session.
Wednesday saw another decent maximum potential of 865 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 86 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.
