Friday saw all our currency pairs comply very well with our technical Dom conclusions. This was despite some far from ideal ICS Balances. However we had the benefit of pre-news selloffs and then negative UK data for our Dom Short GBP pairs with some very good points available.
There was also plenty of negative EU data to bolster our Dom Short EUR/AUD but surprisingly enough, even negative German data did nothing to prevent the Dax rising against our short Doms but not before some excellent early trades in the short direction. My only technical explanation for this was the big rise and fall in price the previous day and our Dom 3 factored in this drop by showing short (along with 4 & 5).
We had another respectable maximum potential of 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 71 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.
