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Fundamentals are having a far greater influence in predictable technical conclusions no matter what strategy you work, with markets literally in ‘meltdown’ over the Coronavirus pandemic. This is now being compared to 9/11 and the crash of 2008.
Despite all this, our Doms have been absolutely spot on yet again with excellent trades available in our chosen directions.
Thursday saw high volatility again with a maximum potential of 1,715 points from specific Max Day Trading time/price level entries from the London morning session alone, with a target of just 30.
A 10% target of this figure would have yielded a minimum of 171 net points from specific Max Day Trading time/price level entries, with many additional opportunities in the US morning (UK afternoon) and US afternoon (UK evening) sessions.

GBP/UDS down to $1.25223

 

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