Our Dom Long GBP pairs were put under immediate pressure from the UK open with the BoE Governor speaking at 11am (high volatility rating). The ‘flat plus’ GBP index quickly ran out of steam but we still had some good trades at our usual times with decent points available. However low volumes are very much limiting net gains with spreads that aren’t appearing to be dropping pro-rata.
The EUR/AUD behaved well and the German Dax gave very good points in its usual manic fashion.
Friday saw another decent maximum potential of 450 points from specific Max Day Trading time/price level entries from the UK morning session alone, with a minimum target of just 30.
A 10% target of this figure would have yielded 45 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.
