by Ian McArthur | Nov 17, 2020 | Daily Results
Just when we thought we had a nice morning ahead of us with little economic data, Brexit fundamentals broke up the party with news of a trade deal being agreed with the EU being now closer than ever (now Cummings has gone). This strengthened the pound and put a spanner in our Dom short GBP pairs, though early trades still did well at our usual times before the rot set in.
This also strengthened the euro and in conflict with our technically Dom short EUR/AUD but again not before some good early trades at our usual times. There was also a conflict with the German Dax, being the only stock index trending short but again, very decent points were to be had.
Tuesday saw a decent maximum potential of 565 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.
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by Ian McArthur | Nov 16, 2020 | Daily Results
Apart from the USD, all individual currency indexes started the day strong, giving conflicts and lack of momentum in the majority of our pairs. There was no real specific economic to get in the way of our technical Dom conclusions but just before the UK morning close, an article appeared on another coronavirus vaccine from the US. This spiked the pound, giving us some final extra points in our Dom long GBP pairs.
The Dom short EUR/AUD and the Dom long German Dax gave good points at our usual times.
Monday saw a greatly improved maximum potential of 755 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 75 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.
by Ian McArthur | Nov 15, 2020 | Weekly Roundup
WELCOME TO OUR WEEKLY ROUNDUP AND FRIDAYS DOM PROOFS
US presidential elections again took centre stage this week, with continued controversy over voting fraud and count totals. The uncertanty over who will eventually become president is still very predominant. Of course, Brexit and Coronavirus had their moments, causing temporary swings upon news announcements. The latest was the actual departure of Dominic Cummings which gave the pound a boost.
WEEKLY POINTS TOTAL: Including Friday, there was an overall healthy maximum potential of 4,520 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 452 points for the week.
FRIDAY
Another day where fundamentals caused major disruptions in literally all our technical Dom instruments. Most of our GBP pairs were Dom short, along with the German Dax. However an early news article stating the possibility of Dominic Cummings resigning as the PM’s chief advisor got our europhile market movers all excited at the prospects of a softer Brexit trade deal. This lifted the pound and also German stocks, mainly against our technical Dom conclusions, greatly limiting our point gains.
Our Dom long GBP/AUD fared a little better on a poor ICS Balance and EUR/AUD gave some decent points in early trading.
Friday saw a considerably reduced maximum potential of 375 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 37 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.
by Ian McArthur | Nov 12, 2020 | Daily Results
Unlike yesterday, economic data played a big part in our trading today with UK and German data out from the 7am UK open. This made our trades more of a post news aftermath than just after the hour, two very different trading approaches. The good news though, UK data was mainly negative, helping our Dom short GBP pairs and a weak individual pound.
The euro started the day strong and coupled with a weak AUD, the momentum in the Dom long direction was relentless. The strong euro put the dampeners on the Dom long German Dax, along with the fact this was trending against the US Dow. All in all, there were some excellent trades in all our instruments.
Thursday saw another healthy maximum potential of 775 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 77 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.
by Ian McArthur | Nov 11, 2020 | Daily Results
Lack of economic data gave our technical Doms a bit of a reprieve today, with some excellent trades in all our instruments. The continued euphoria from the Corona vaccine announcement ensured healthy worldwide stocks, and the German Dax was without exception.
Wednesday saw another healthy maximum potential of 900 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 90 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.
