Forex & Markets Update Thursday 09.07.20

Forex & Markets Update Thursday 09.07.20

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Today saw another quite straightforward day will little in the way of economic data to get in the way. However this is again reflecting in lower volumes and volatility within our currency pairs. This is now getting exasperated with some of the larger market movers heading out (or in!) for their holidays.

Regardless, our Doms did very well again with a decent maximum potential of 615 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 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.

 

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Forex & Markets Update Wednesday 08.07.20

Forex & Markets Update Wednesday 08.07.20

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The markets continue to consolidate with little economic data to stir the pot. ICS Balances were also far from ideal so didn’t help either. The best pair was the GBP/AUD but at 7am, the daily average instrument range stood at 117%.

Once the price dropped to within range, we saw a nice channel with some nice points available.

All our earlier trades did very well regardless and we we managed another decent maximum potential of 630 points from specific Max Day Trading time/price level entries on reduced currency volatility from the UK morning session, with a minimum target of just 30.

A 10% target of this figure would have yielded 63 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.

 

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Forex & Markets Update Tuesday 07.07.20

Forex & Markets Update Tuesday 07.07.20

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Fundamentals and poor ICS Balances within our currency pairs played their part in ranging prices with little trend momentum or even volatility.

The only thing with decent movement was the German Dax. This started the day virtually flat within our Dom Cat 3 pivot, however negative (plus) news drove the price down leading to the US open.

Today and again on greatly reduced currency volatility, we managed another decent maximum potential of 700 points from specific Max Day Trading time/price level entries from the UK morning session, 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.

 

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Forex & Markets Update Monday 06-07-20

Forex & Markets Update Monday 06-07-20

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The markets seem to have little direction at the moment and this is reflecting in very low volatility in our currency pairs. There was high volatility UK data at 9.30am which saw a decent pre-news selloff before the announcement. This bode well for our Dom Short GBP/AUD with some good early trades. Our Dom Long GBP/JPY & GBP/USD saw a counter-trend up to the announcement but there was no real spike from lower levels on positive Construction data.

The Dom Short EUR/AUD did well in early trading but positive EU Retail Sales data at 10am strengthened the euro from mid-morning. Todays data failed to ‘stir the pot’ or give us any additional volatility.

The Dom Long German Dax briefly suffered on early negative German Factory Orders data. However the outcome may have been below expectations but was way higher than previous and this helped the price up to the US open.

Today we managed another decent maximum potential of 635 points on lower currency volatility from specific Max Day Trading time/price level entries from the UK morning session, with a minimum target of just 30.

A 10% target of this figure would have yielded 63 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.

 

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Forex & Markets Update Thursday 02.07.20

Forex & Markets Update Thursday 02.07.20

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A very straightforward and easy day regarding Dom trend directions and point gains. There was little in the way of economic data to get in the way of the UK morning session, however we had the biggest announcement of the month, US NFP which sent the Dow up approx 270 points before profit taking settled the price to pre-data release levels.

Today we managed another decent maximum potential of 650 points from specific Max Day Trading time/price level entries from the UK morning session, with a minimum target of just 30.

A 10% target of this figure would have yielded 65 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.

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