by Ian McArthur | Sep 24, 2020 | Daily Results
ICS Balances really shone through at the UK open with 2 pairs having full divergence and 2 pairs having conflicts. The difference in trend momentum was obvious but this didn’t stop the conflicting pairs giving very decent trades in the technical Dom directions. In fact one of our fully diverging pairs, the EUR/AUD had that much momentum that we had a 4XL flag warning, an instrument range of 153% and a breach of a major resistance level which kept a lid on overall points.
The only hiccup today was negative plus German data that strengthened the Dax but not before some very good trades at our usual times.
Thursday saw another very decent maximum potential of 820 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 82 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 23, 2020 | Daily Results
Mixed/Negative UK data did little to our Dom short GBP pairs, with the initially weak pound strengthening a little come mid-morning. This could have been due to short contract profit taking from an over-sold pound at the bottom of the 4 hour chart. Our Dom long GBP/AUD fared well with this against an even weaker AUD Index. Regardless, very good points were available in the Dom long and short directions at our usual times.
The Dom long EUR/AUD behaved well despite a totally conflicting ICS Balance and suffering low volumes and volatility. Mixed EU data did little to disturb the Dom direction with some good steady points, as we also witnessed big style from the German Dax.
Wednesday saw another very decent maximum potential of 885 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 85 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 22, 2020 | Daily Results
The pound continues to be put under pressure with 2 out of 3 of our GBP pairs being Dom short on a weak GBP Index. The counter to this was the GBP/AUD on an even weaker AUD Index, with all giving reasonable points in their technical directions. There was also UK data to consider with a high volatility rated speech from the BOE at 8.30am, a medium rated BOE speech at 9.20am and medium volatility Industrial Trends Orders at 11am which ended up negative. The slight strengthening in the pound in early trading gave the impression of a ‘Hawkish’ theme to the speeches.
There was no morning data for the euro but conflicting ICS Balances in the EUR/AUD (Weak -v- Weak Ish) had the price meandering but with still some good points at our usual times.
The Dom short German Dax remained close to the previous days low with some good trades available.
Tuesday saw a very decent maximum potential of 1,055 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 105 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 21, 2020 | Daily Results
Mondays can sometimes be tricky to trade, as we often see sell-off spikes from Friday distorting our all-important Dom Cat 3. I’m happy to say that this wasn’t the case this morning with our technically Dom short GBP pairs dropping like a stones with excellent points available. This was despite poor ICS Balances in all pairs. To be fair, fundamentals played their part in the demise of the pound with the threat of even tougher coronavirus measures from central government.
The Dom long EUR/AUD behaved well with a conflicting ICS Balance but low volumes are amplifying movements on our charts with far less than expected points.
The Dom short German Dax gave us a hell of a ride today with some eye watering points available for those who could hold their nerve.
We saw a very respectable maximum potential of 1,120 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 120 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 17, 2020 | Daily Results
There were some large swings in our Dom long GBP pairs today with up-and-coming interest rate data at midday and also the conformation that the North East of England and other parts of the country are facing new coronavirus restrictions from midnight tonight. Our early trades were unaffected with some good trades and points available.
The EUR/AUD started the morning Dom short with conflicting ICS Balances (weak & weak) and expected CPI data at 10am. Good points were had and the weak euro strengthened the Dom short German Dax but not before some very good trades at our usual times.
Thursday saw another decent maximum potential of 620 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 62 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 16, 2020 | Daily Results
UK economic data boosted our already Dom long GBP pairs from from 7am, which wasn’t too bad a thing. The difference being our entry techniques are different for a PNA (post news aftermath) than a Jath, with more aggressive profit taking soon after. Regardless, all GBP pairs did well, despite some poor ICS Balances.
The Dom short EUR/AUD overpowered positive EU data and did well but low currency volumes are still keeping a lid on point gains.
The Dom long German Dax was up to its usual tricks with some large manic movements. Again, low volumes are amplifying the movements on our charts with far fewer points than appears.
Wednesday saw another reasonable maximum potential of 565 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 56 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.
