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

Individual currency indexes are themselves began to form definitive directions but unfortunately this also gave some poor ICS Balances when you have 2 currencies on the strong side battling it out. Fortunately the initial superior strength of the UK pound gave some good trades in all our Dom long GBP pairs and this continued with positive UK economic data at 7am & 9.30am.

The main lack of ICS diversion was the Dom long EUR/AUD and again we were fully aware of this before the session started. Even so, there were still decent early points at our usual times though we had an overall expected net short come the US open.

The Dom long Dax struggled with negative German economic data at 8.30am but excellent trades were still had, though overall points were expectedly down.

Friday saw a reasonable maximum potential of 605 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 60 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.