by Ian McArthur | Oct 3, 2020 | Weekly Roundup
WELCOME TO OUR WEEKLY ROUNDUP AND FRIDAYS DOM PROOFS
Brexit dominated the headlines with with large swings in the British pound from ever changing headlines. This gave us a ‘swings and roundabouts’ scenario with the fundamental movements being either for or against our technical Doms. Again there were a few high volatility data releases stirring the pot but nothing that caused intraday trend changes.
Volumes, especially within our currency pairs remain low but we’re now starting to see a slight increase in volumes and volatility.
WEEKLY POINTS TOTAL: Including Friday, there was an overall maximum potential of 4,105 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 410 points for the week.
SEPTEMBER MONTHLY TOTAL: 17,010 points. A 10% target would have yielded 1,701 points for the month.
FRIDAY
Fundamentals set the tone for Fridays trading, with Brexit boosting the pound on favourable trade negotiations. Again this put a spanner in out Dom short GBP pairs but boosted our Dom long GBP/AUD. There were still some early short trades at our usual times but our Dom long pair more than made up with additional points.
The Dom long EUR/AUD saw some big swings too with excellent points available and the strong euro helped the Dom short Dax, along with negative German data and earlier news that the US President had contracted coronavirus.
Friday saw another decent maximum potential of 930 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 10% 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 1, 2020 | Daily Results
Brexit fundamentals played a huge part of our trading today with two specific articles. Firstly a news item portraying difficulties in trade negotiations between the UK and EU saw the pound drop of a cliff. This affected the whole of the UK morning session and our technical Doms until just after 12pm. Shortly after, a second article appeared mentioning a compromise and the pound shot up again, reversing earlier losses. This was on the back of an initially strong GBP Index.
The initial article put a spanner in our Dom long GBP/JPY and GBP/USD pairs but not before some decent early points at our usual times. However our Dom short GBP/AUD did exceptionally well.
The euro started the day weak so there was little disruption in the Dom short EUR/AUD but the the Dom long Dax suffered from the Brexit news and also negative German data. Good points were still available.
Despite all this, Thursday saw another decent maximum potential of 700 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 10% target of this figure would have yielded 70 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 | Sep 30, 2020 | Daily Results
High volatility data made a comeback today covering all our instruments from the 7am UK open. Despite being positive on most counts, our long and short Doms remained pretty much as they were. This included all our GBP pairs, the EUR/AUD and German Dax with good, though slightly manic points in all.
Wednesday saw another decent maximum potential of 865 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 10% target of this figure would have yielded 86 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 | Sep 29, 2020 | Daily Results
Currency volumes remain stubbornly low and a lack of economic data is showing in our ICS Balances, with little momentum anywhere. Our GBP pairs were both Dom long and short today with decent points in both directions at our usual times.
The Dom short EUR/AUD had some good points and the weak euro should have benefited the Dom long German Dax but this struggled from the UK open. Two possibilities for this was an article citing coronavirus concerns, with also a hint of political uncertainty surrounding Brexit and German data that was due out at 13.00. All in all there were still some good points but entries were a little more tricky than usual.
Tuesday saw a greatly reduced but decent maximum potential of 605 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 10% target of this figure would have yielded 60 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 | Sep 28, 2020 | Daily Results
Despite some initially poor ICS Balances, all our Dom long GBP pairs did exceptionally well today with very good and easy points available. The same can’t be said for the EUR/AUD. Again there was a conflicting ICS Balance but the Domino Channel itself was very deep, indicating very manic movements. Early trades were fair but this pair wouldn’t have been one of our top choices.
We had a bit of a dilemma with the German Dax which started the day with a virtually flat Dom 3. Should we trade long or short? Let’s look at the evidence; Dom 1 & 2 relentless long (not usually tradable), euro generally weak (good for stocks), Dow & CHN50 both trading long. Long it was with some excellent points to be had.
Monday saw a very healthy maximum potential of 1,005 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 10% target of this figure would have yielded 100 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.
