Friday was an interesting trading day. Things can get a little manic at the end of the week when traders are looking to get out of the market completely until Monday. Our Dom Long GBP pairs were always going to struggle with high volatility news out at 9.30am and the pressure was further put on with negative Manufacturing data. Despite this, our long trades did very well, even after the announcement.
Our best ICS balances were in the GBP/AUD and EUR/AUD and these pairs gave us our best points. There was also some excellent trades in our Dom Short German Dax.
We managed a very 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.
