Another manic day in all our instruments, with coronavirus taking centre stage and the US elections a very close second. We had a weak ish pound but mostly long Dom GBP pairs. This was due to the fact that other currencies were themselves very much on the weak side, especially the USD.
Just before the end of the UK morning session, an announcement was made about a vaccine with a 90% success rate had been developed, tested and approved by Pfizer in the US. Immediately, all stocks shot up, along with some currencies too and this again gave us swings and roundabouts regarding final price levels at 12pm. These however did not affect our earlier trades and benefited some of our later ones.
Tuesday saw a very healthy maximum potential of 1440 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 144 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.
For the original postings at 6am of the above instruments, join out free Telegram channel ‘Trade Forex With MaxDayTrading. Full details below.
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Many thanks for your kind words Clem.
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Thanks Emanuel, hey, we are here every day purely giving our opinion and expertise for free. We update every day for traders Worldwide our thoughts, analysis and expectations based on our Max Day Domino Effect Programme. Thanks again.
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Thank you Dwain – We appreciate your kind words.
To all very appreciated comments, you will see the word ‘DOM’ appear very often in our daily updates. ‘DOM’ is a term we use daily to identify the market on three different levels within the Max Day Trading system. It is not a simple strategy, it needs time and effort to understand but we have a 85% success rate every day.
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