by Ian McArthur | Aug 6, 2020 | Daily Results
A very fundamental start to our trading day with high UK and medium volatility German data (upgrade to high for the German Dax) at 7am, immediately putting a spanner in our technical Doms. Fortunately our GBP pairs were Dom long and interest rate news, although expected, is always seen as good or positive. The old proverbial ‘no news is good news.’ This pushed the price higher but in such a way that disrupted our usual 7am trades, becoming more of a Post News Aftermath than a Jath.
As usual, the price of the Dax started to rise direct from the EUO, one hour before the announcement and against our short Doms. Low and behold, not only positive but highly deviated from the forecast. However come 8.30-45am, the brief long spike fizzled out and the Dom 3 short overpowered the news with a net fall in the price come the US open with some excellent trades but only after the news spike.
Today we managed a very decent maximum potential of 795 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 79 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 5, 2020 | Daily Results
ICS Balances were not favourable within our pairs today, with the only definitive currencies being a strong AUD and a weak USD. This made the AUD/USD a relentless long trend but owing to the average volatility, we don’t trade this pair as it’s far too slow for our usual entries
Our GBP pairs were trending both Dom long and short with decent trades on lower volumes. The only one to buck the trend was the Dom short GBP/JPY, which suffered later in the morning due to a weakening in the JPY which saw a net long come the US open. Still some good early trades though with the ‘Negative Plus’ (actual above previous) UK data having little effect in either direction. All other currencies did very well with decent trades in all.
We knew to be wary of the German Dax from the onset, with high volatility data at 855am and a trending conflict with the US Dow. Here again we had ‘Negative Plus’ data that caused an intrasession trend change but again, the price rose before the announcement and continued to rise to a net long come the US open. There were still a couple of early trades before the rot set in.
Today we managed a reasonable maximum potential of 490 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 49 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 4, 2020 | Daily Results
Lack of economic data and little momentum within our ICS Balances made us think, day off today ?? However all our early currency trades from specific times did well considering, though not without some manic movements.
Same went for the Dom Long German Dax with some excellent early trades but quite a selloff in the run up to the US open.
Today we managed another decent maximum potential of 775 from specific Max Day Trading time/price level entries from theUK 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 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 3, 2020 | Daily Results
Monday saw many conflicting ICS Balances so more of a reliance on our Dom trends were required with our currency pairs and as usual, good points were available in all. High volatility UK data at 9.30an was not definitively negative as the actual was above the previous.
The Dom Short Dax saw an intraday trend change with positive German data at 8.55am and again, the price shot up several minutes before the announcement and continued through the US session.
Today we managed another decent maximum potential of 620 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 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 | Jul 30, 2020 | Daily Results
ICS Balances were responsible for some manic movements and also some good relentless trends within all our currency pairs today and again, all yielded some very good points in our Dom trend directions.
The big surprise today was the Dax. Without prejudice, I suspected (the usual) data leak direct from the UK open, 2 hours before the announcement with the price plummeting against the Dom Cat 3 Long. Strangely, German unemployment figures were positive at 8.55am but their all important GDP at 9am came in not only negative but a record low. This saw the down trend continue to the US open and beyond at what became an intraday trend changer. Because of this, there was only one trade available and that was our 6am Jath.
Lucky enough today, our currency pairs made up for the lack of points within the Dax and we still managed a half decent maximum potential of 465 points (identical to yesterday) 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 46 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.
by Ian McArthur | Jul 29, 2020 | Daily Results
All currency pairs behaved very well in their Dom trend directions today, though some manic movements were experienced with conflicting ICS Balances.
The only hiccup we had was the Dax which had positive German data released at 7am. This nullified our usual 7am trade but 8 & 9am saw a couple of decent movements.
Today we managed another decent maximum potential of 465 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 46 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.
