by Ian McArthur | Aug 18, 2020 | Daily Results
ICS Indexes had much more in the way of definitive strength and weakness today but the huge problem was most were conflicts within pairs (strong & strong). There was just one glaringly obvious currency pair to trade, the Dom long GBP/USD (strengthening GBP, weak USD) with some very easy entries. The GBP was on the strong side so anything Dom short was going to struggle. The beauty of all this? We knew this before the main UK open at 7am! This is how invaluable our ICS Balances are. Regardless, even the short Doms yielded some decent early points.
Now we come to our wonderful German Dax. I use the word ‘wonderful’ in a very loose term, being it’s full of wonder or ‘we wonder where the hell it’s going!’ The Dax started the day Dom long but an article released at approx. 6am regarding German coronavirus infections sent the Dax plummeting. This was the reaction to western Europe and early UK market movers. However come 8am, later market movers concluded that the drop in price was already built in by that time and after the usual manic movements, the Dax shot back up, rising over 250 points before the US open.
Today we saw a decent maximum potential of 645 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 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.
by Ian McArthur | Aug 17, 2020 | Daily Results
Low volumes and lack of GB & EU economic data saw another ‘quiet’ UK morning session. ICS Indexes were hitty missy but all currency Doms trends yielded some very decent points, considering the overall lack of volatility.
The German Dax was up to its usual tricks with some very manic moves, especially at our 8am trade. The entry level was terrible but the times were neigh on perfect, with a fall in the price from 8.06am, dropping over 105 points. The 6am, 7am and 9am’s were far easier. The main culprits for this were a weakening EUR once the UK opened and also a conflict with the US Dow which was trending long.
Monday saw a decent maximum potential of 595 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 59 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.
by Ian McArthur | Aug 15, 2020 | Weekly Roundup
WELCOME TO OUR WEEKLY ROUNDUP & FRIDAYS DOM PROOF RESULTS.
There were little in the way of either economic or fundamental surprises this week. Corovavirus, continued or extended quaranteens and holiday disruptions are just the norm, while economies continue to suffer. We had swings and roundabouts in the UK with increased holiday restrictions but more leisure facilities being allowed to open.
WEEKLY POINTS TOTAL: Including Friday, there was an overall maximum potential of 2,955 points from specific Max Day Trading time/price level entries from the UK morning sessions. A 10% target would have yielded a minimum of 295 points for the week.
Friday saw minimal UK & EU data to disrupt our Doms but seriously low currency volumes are keeping firm lid on overall point gains. This is also reflecting in reduced momentum within individual currencies and the pairs they form. Despite all this, our currency Doms behaved very well with good points available in all pairs.
This just left the Dom short German Dax. After a jittery start the index dropped like a stone with some excellent trades to be had.
Today saw a very decent maximum potential of 745 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 74 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.
by Ian McArthur | Aug 13, 2020 | Daily Results
Individual currency indexes had a little more direction today but this doesn’t mean that there were very good ICS Balances. Most currency pairs had a bit of divergence apart from the GBP/AUD, both being ‘strong-ish’ and therefore a conflict. The AUD weakened more that the GBP and this saw a counter-trend against our short Doms. Still there were specific points available but this pair wouldn’t have been a choice at the UK open.
The German Dax, though officially Dom long and with good points, was pretty much non directional and ended up flat come the US open.
Today we saw a decent maximum potential of 520 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 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 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.
by Ian McArthur | Aug 12, 2020 | Daily Results
Positive UK data at 7am put an expected spanner in our Dom short GBP/USD. There were still a couple of later trades after the news wore off with some decent points. This news went to bolster our Dom long GBP/JPY and GBP/AUD with good trades, however the latter suffered a drop leading to the US open on a strengthening AUD but we still had some very decent early trades before the rot set in. Lower volumes due to the holidays are still keeping a lid on overall gains.
The EUR/AUD was pretty straightforward, as was the German Dax with good points in both.
Today we saw a decent maximum potential of 550 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 55 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 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.
