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WELCOME TO OUR WEEKLY ROUNDUP.

Coronavirus, EU relations (Brexit) and US voting fraud investigations continue to cause very low volumes and volatility, as the markets wait for clearer conclusions as to final outcomes. This still may take quite a bit of time.

 

FRIDAY

The end of the week saw volumes plummet again with very little momentum anywhere. Mixed German economic data and negative UK data had little effect on related instruments, with the pound actually gaining strength during the UK morning session.

Market hesitation could have possible been attributed to the up-and-coming US NFP, which ended up being some of the worst figures and deviations from expected that I’ve ever seen. Hardly surprising considering the current administration.

Despite all this, all our instruments still gave some decent points at our usual times, with the Dom long Dax stealing the show.

Friday saw another reasonable maximum potential of 560 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.

JUST A TEN PERCENT target of this figure would have yielded 56 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.

WEEKLY POINTS: 2,470 points over 4 days with the bank holiday. A 10% target would yield 247 net points.

 

 

 

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