Another day where fundamentals got in the way of our technical Dom trading. Some days they benefit us, days like this they don’t. Mixed negative UK data disrupted our Dom long GBP pairs (all of them!) and negative German data weakened both the EUR/AUD and Dax. Even with data to stir the pot, volumes remain painfully low but despite all this we STILL had good trades in our respective Dom directions.
Tuesday saw another reasonable maximum potential of 470 points from specific Max Day Trading time/price level entries within our five instruments from the UK morning session alone, with a minimum target of just 30.
A TEN PERCENT target of this figure would have yielded 47 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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