Before we started trading today, there was one pair we knew to immediately dismiss, the GBP/AUD. Even although this was Dom Long, our ICS Balances showed us that both currencies were strong and therefore trend momentum would be very weak. Low and behold, that’s exactly what happened but even then, there were still 5 decent trades available in our direction before the price ended up net short come the US open. Our other GBP pairs did very well with good points on lower trading volumes.
The Dom Short EUR/AUD behaved very well and the weak euro helped the Dom Long German Dax with excellent points in both.
Today saw an improvement on yesterday with a respectable maximum potential of 780 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 78 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.
