by Ian McArthur | Oct 19, 2020 | Daily Results
We saw some very good technical Dom movements in all our long GBP pairs today and this was despite the general, though non specific negativity surrounding Brexit and Covid.
The EUR/AUD started the day Dom short but positive construction output data and a couple of ‘hawkish’ EU speech’s saw a brisk strengthening of the euro from weak to strong.
The strong euro put the dampeners on the Dom long German Dax but we still managed some good points in both.
Monday saw a decent maximum potential of 695 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 69 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 18, 2020 | Weekly Roundup
WELCOME TO OUR WEEKLY ROUNDUP AND FRIDAYS DOM PROOFS
Brexit and coronavirus continue to disrupt our technical Doms, making trades more difficult than usual. 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 low for this time of year.
WEEKLY POINTS TOTAL: Including Friday, there was an overall healthy maximum potential of 3,420 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 342 points for the week.
FRIDAY
Another very frustrating end to the week with fundamentals getting in the way of our technical Doms. Brexit talks boosted the pound which lifted our Dom short GBP pairs (all of them). This also lifted German stocks against our Dom short Dax. The GBP pairs then fell off a cliff just before the end of the morning session on what appeared to be aggressive profit taking. Regardless we still had some good points at our usual times in all our instruments.
Friday saw a very decent maximum potential of 840 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 84 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 15, 2020 | Daily Results
ICS Balance played a big part in our instrument choices today. There were immediate conflicts in the GBP/JPY and GBP/USD. This was exasperated by a further strengthening of the JPY and USD throughout the UK morning. Our best pairs were the strong GBP against a weak AUD and a flat plus (strengthening) EUR against the weak AUD with all this knowledge before the UK session even started. All in all there were good point gains in all our currency pairs.
The German Dax was the star of the day, literally falling off a cliff on an official Dom Cat 5 Short and some eye watering points available.
Thursday saw a very respectable maximum potential of 935 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 93 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 14, 2020 | Daily Results
The GBP was getting hammered since government coronavirus restrictions were announced last night and this continued well into the UK open. Even a weak currency paired against the GBP, giving a conflicting ICS Balance still saw a relentless drop as all GBP ‘pairs’ were getting sold in big volumes. This was until a Brexit news article stated that the UK PM would extend the trade negotiations beyond the October 15th deadline, sending the pound skyward. This was against our Dom short trends but not before our usual early trades.
This same news lifted German stocks too, sending the Dax up but this still finished net short with decent points come the US open, with the Dom short EUR/AUD behaving well too.
Wednesday saw another decent maximum potential of 665 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 13, 2020 | Daily Results
Another day where fundamentals got in the way of our technical Dom trading. Some days they benefit us, days like this they don’t. Mixed negative UK data disrupted our Dom long GBP pairs (all of them!) and negative German data weakened both the EUR/AUD and Dax. Even with data to stir the pot, volumes remain painfully low but despite all this we STILL had good trades in our respective Dom directions.
Tuesday saw another reasonable maximum potential of 470 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 47 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.
