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.
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