by Ian McArthur | Oct 26, 2020 | Daily Results
Fundamentals played a huge part in todays trading with Brexit talks boosting the pound and coronavirus weakening the euro. Swings and roundabouts yet again but still some good points available, especially from our early trades.
Monday saw a reasonable maximum potential of 610 points from specific Max Day Trading time/price level 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 61 net points from specific Max Day Trading time/price level 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 | Oct 24, 2020 | Weekly Roundup
WELCOME TO OUR WEEKLY ROUNDUP AND FRIDAYS DOM PROOFS
Brexit and coronavirus continue to disrupt our technical Doms but a delay in EU trade negotiations helped to lift the pound for most of the week. The quicker these two thorns in our sides are completely settled, the quicker we can return to normal and easy technical Dom trading.
Volumes again remain unusually low for this time of year.
WEEKLY POINTS TOTAL: Including Friday, there was an overall healthy maximum potential of 3,170 points from from specific Max Day Trading time/price level entries from the UK morning sessions. A 10% target would have yielded a minimum of 317 points for the week.
FRIDAY
Two separate lots of high volatility UK data, one set positive and the other negative ensured a roller-coaster ride of our Dom short GBP pairs. The GBP/AUD had the best ICS Balance and this was the pair least affected. All in all there were some decent though manic points available.
The Dom long Dax was quite volatile too with mixed but overall positive German data and a decent ICS Balance ensured the Dom short EUR/AUD.
Friday saw another decent maximum potential of 660 points from specific Max Day Trading time/price level 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/price level 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 | Oct 22, 2020 | Daily Results
The wonderful thing with Max Day Trading is on days like today, we were fully aware of the lack of momentum in all our currency pairs before the UK session had even started. This was perfectly clear by the ICS Balances. All individual currencies were on the strong side, meaning we had conflicts in all pairs with strong binaries battling against each other. We still had some good early trades at our usual times but the lack of momentum was clearly evident, along with the overall point gains which were very limited.
As the euro started to lose strength by mid-morning, this helped to lift the Dom short German Dax but not before some very decent early trades.
Thursday saw another decent maximum potential of 525 points from specific Max Day Trading time/price level 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 52 net points from specific Max Day Trading time/price level 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 | Oct 21, 2020 | Daily Results
Fundamentals played their part early today UK data out at 7am. This set a positive tone from the UK open with mix but overall positive figures. This meant swings and roundabouts for our GBP pairs, good for our Dom longs, bad for the Dom short.
We had a conflicting ICS balance in the Dom short EUR/AUD and this kept momentum down but still with good points available. It has to be noted that currency volumes are still exceptionally low for this time of year.
The star of the day again was the Dom short German Dax. Even with a conflict with the US Dow (long), the Doms took control and the Dax literally fell off a cliff as the morning went on with excellent points available.
Wednesday saw another decent maximum potential of 675 points from specific Max Day Trading time/price level 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/price level 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 | Oct 20, 2020 | Daily Results
A fairly quiet day with little official UK & EU economic data and the odd rumor of Brexit and Covid. This kept momentum down and was reflective in our ICS Balances and a couple of pairs pushing the H4 major resistance.
The euro index started the day strong and remained that way with some good points in the Dom long EUR/AUD. The Dom short Dax had an immediate spanner put in the works with positive German data at 7am (not the 8am as now showing on the ‘investing’ calendar but on all others). Still some good points to be had if you had the nerve to trust the Doms and not the data!
Tuesday saw a decent maximum potential of 615 points from specific Max Day Trading time/price level 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 61 net points from specific Max Day Trading time/price level 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.
