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 actually becoming president of the United States hang in the balance, as Trump discloses even more evidence.
Again, Coronavirus and the UK aconomy is causing temporary swings upon news announcements.
WEEKLY POINTS TOTAL: Including Thursday, there was a decent maximum potential over 4 days of 2,790 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 279 points for the week.
FRIDAY
Our Dom long GBP pairs had to endure poor ICS Balances and negative UK economic data directly from the UK open, making trades far from easy. Despite this, the ‘strong ish’ UK pound didn’t lose too much ground and decent points were still available.
The Dom short EUR/AUD again suffered from a poor ICS Balance and trades were a little awkward but still good at our usual times. We also had a little ‘blip’ in our Dom Short German Dax on early UK EU export data but the Doms resumed nearer the end of the UK morning session.
If there was ever a rare time to ‘have a day off,’ from the financial markets, this was definitely one. The beauty though, we knew this before the day got underway!
Friday saw another reasonable maximum potential of 425 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 42 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.