by Ian McArthur | Sep 6, 2020 | Weekly Roundup
WELCOME TO OUR WEEKLY ROUNDUP AND FRIDAYS DOM PROOFS
There’s been plenty contoversy surrounding coronavirus and travel news, along with the lack of progress with Brexit negotiations which is keeping the GBP on the weak side. Other than that, we’ve a fairly quiet week on low currency volumes with no big surprises to report. Hopefully we’ll see a gradual increase in volumes and volatility over the next week to ten days.
WEEKLY POINTS TOTAL: Including Friday, there was an overall maximum potential of 2,720 points from a 4 day week from specific Max Day Trading time/price level entries from the UK morning sessions. A 10% target would have yielded a minimum of 272 points for the week.
FRIDAY
Lack of commercial market movers is keeping volumes and volatility low, which has a tendency to amplify movements on our charts without yielding many points. ICS Balances weren’t great either with no real strong momentum in any direction. Our GBP pairs were both Dom long and short and we also had high volatility data to contend with. As usual, our early trades gave some decent points in both directions.
The EUR/AUD was Dom long and also suffered from mixed data but still some good trades were to be had.
Finally our wonderfully manic Dom short Dax had both negative and positive data, giving us a bit of a rollrecoaster ride and good points as usual.
Friday saw another decent maximum potential of 585 points from specific Max Day Trading time/price level entries from the UK morning session alone, with a minimum target of just 30.
A 10% target of this figure would have yielded 58 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 3, 2020 | Weekly Roundup
Low currency volumes and economic data made trading a little tricky today, with data out from the European block, Germany and the UK. UK data was negative which was good for point gains in our Dom short GBP pairs. Even our Dom long GBP/AUD did very well for the vast majority of the UK morning session.
The only hiccup was the Dom short EUR/AUD on generally positive EU data. However there were some decent early trades at our usual times. Positive German data also lifted the German Dax on long Doms with good points available.
Today we managed another decent maximum potential of 770 points from specific Max Day Trading time/price level entries from the UK morning session alone, with a minimum target of just 30.
A 10% target of this figure would have yielded 77 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 2, 2020 | Daily Results
There was very little momentum within our currency strength indexes and this resulted in manic movements and some deep Domino channels with poor ICS Balances. We are now seeing (from yesterday) the pound being sold from the top of the Daily chart. Regardless, there were some good early trades, even in the Dom long GBP pairs.
The EUR/AUD also had a poor ICS Balance but the Doms ruled with some nice short trades at our usual times and a net short come the US open.
The weak euro played well with the Dom long German Dax and again we saw some superb points available.
Today we managed a decent maximum potential of 725 points from specific Max Day Trading time/price level entries from the UK morning session alone, with a minimum target of just 30.
A 10% target of this figure would have yielded 72 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 1, 2020 | Daily Results
We generally had a strong pound today so we knew from the onset that our Dom short GBP/AUD was going to struggle. This was due to an equally strong AUD which was a major conflict within our ICS Balances. We still had some decent early short trades before the pound took dominance. Our other (long) GBP pairs did superbly with much better ICS Balances.
There was also a conflict within the EUR/AUD with 2 strong currencies battling it out. In this case, the long Doms took control on a weakening AUD due to some selling at the top of the Daily chart.
Swiftly on to the Dom short Dax. The first annoying part was advertised data on our ‘Investing’ calendar that failed to materialise at 7am. This is now scheduled for tomorrow. Secondly was an apparent data leak (again) of generally positive German data at 8.55am. This resulted in price rising from just under 1 hour before the announcement at a time we usually see selloffs. Once the data was released, the price was already built in and we saw some aggressive profit taking with the price dropping sharply. After this, the price ended up understandably net long come the US open.
Today we managed a decent maximum potential of 640 points from specific Max Day Trading time/price level entries from the UK morning session alone, with a minimum target of just 30.
A 10% target of this figure would have yielded 64 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 | Aug 29, 2020 | Weekly Roundup
WELCOME TO OUR WEEKLY ROUNDUP AND FRIDAYS DOM PROOFS
Another fairly quiet week with no big surprises on the data front. Currencies continue to suffer from low volumes and volatility while large market movers are still on holiday. Expect much of the same until mid September.
WEEKLY POINTS TOTAL: Including Friday, there was an overall maximum potential of 3,315 points from specific Max Day Trading time/price level entries from the UK morning sessions. A 10% target would have yielded a minimum of 331 points for the week.
Again we had our GBP pairs trading both long and short on Friday according to our Dom technical analysis, with good points in either direction. Only the Dom long GBP/JPY ended net short at the US open but not before some very decent long points at our usual times.
The EUR/AUD, like the GBP/AUD looked like it was going against the short Doms but come the UK open, the short trends were well on their way. Again, low currency volumes are keeping volatility and overall points down.
The Dom short Dax was helped along with mixed but mainly negative German data, with some excellent though manic points available.
Today we managed a very decent maximum potential of 865 points from specific Max Day Trading time/price level entries 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 6am postings 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.
