WELCOME TO OUR WEEKLY ROUNDUP AND FRIDAYS DOM PROOFS
US presidential elections continue to drag on with continued controversy over voting fraud and counting irregularities. Bidens chance of continuing as president of the United States are diminishing, as Trump discloses even more and more evidence.
Again, Coronavirus, the UK aconomy and even Brexit aftermath are causing temporary swings upon news announcements.
WEEKLY POINTS TOTAL: Including Friday, there was a decent maximum potential of 2,300 points from from specific Max Day Trading time/price level entries from the UK morning sessions. A TEN PERCENT target would have yielded a minimum of 231 points for the week.
FRIDAY
There was only one decent ICS Balance today, the GBP/USD with the GBP/JPY a half decent second. All the rest of our currencies were terrible, with equally strong individual currencies battling it out and negative UK economic data helping with counter-trends. Again we were fully aware of this come 7am and gave us our best choices where good points were available.
The German Dax had one of the most roller-coaster of rides today, with low volumes amplifying movements on our charts with reduced overall points.
Friday saw a reduced maximum potential of 465 points from specific Max Day Trading time/trend entries within our five instruments from the UK morning session alone, with a minimum target of just 30.
A TEN PERCENT target of this figure would have yielded 46 net points from specific Max Day Trading time/trend entries, with many additional opportunities in the US morning (UK afternoon) and US afternoon (UK evening) sessions.
