Our GBP pairs were immediately ‘spannered’ with high volatility UK data at 7am again. The results were a mix bag and difficult to interpret so trading these wouldn’t have been easy. There were still some early trades available once the news was absorbed with some decent points to be had.
The EUR/AUD suffered from another spike in strength of the AUD which we’ve seen on several occasions. Price action from yesterdays US session may have been the cause. Again, there were still some earlier trades and decent points available.
The Dom Long German Dax gave some excellent, though manic points as usual.
Today we still managed a very decent maximum potential of 965 points from specific Max Day Trading time/price level entries from the UK morning session alone, with a target of just 30.
A 10% target of this figure would have yielded a minimum of 96 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.
