Brexit fundamentals and the increasing threat of a ‘no deal’ trade scenario is heaping pressure on the pound, as our left wing market movers dump the currency like there’s no tomorrow. This makes our short Doms even more predictable and we saw some very decent points in all our GBP pairs.
The Dom short EUR/AUD started to gain strength a good hour before the all-important Euro Block GDP, which low-and-behold was positive. Our early trades were unaffected by this and we saw some good points at our usual times.
The strengthening euro put the German Dax under pressure later in the morning but again, our early trades were unaffected with some very healthy points available.
Tuesday saw another decent maximum potential of 790 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 79 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.
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