WELCOME TO OUR WEEKLY ROUNDUP AND FRIDAYS DOM PROOFS
US presidential elections took centre stage this week, with much controversy over voting fraud and count totals. This mainly had the effect of consolidation, as the uncertanty over who will eventually become president may remain unclear for several days or even weeks. Of course, Brexit and Coronavirus had their moments, causing temporary swings upon news announcements.
WEEKLY POINTS TOTAL: Including Friday, there was an overall healthy maximum potential of 3,225 points (over 4 days) from from specific Max Day Trading time/price level entries from the UK morning sessions. A 10% target would have yielded a minimum of 322 points for the week.
FRIDAY
Markets remained subdued in the aftermath of the US presidential elections, and will remain so with a proper and legitimate winner being possibly weeks away. Individual currencies had little direction and this affected momentum in our currency pairs.
Despite all this and along with unfavourable economic data, trades were still good in all our instruments.
Friday saw another decent maximum potential of 720 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 72 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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