We saw some very good technical Dom movements in all our long GBP pairs today and this was despite the general, though non specific negativity surrounding Brexit and Covid.
The EUR/AUD started the day Dom short but positive construction output data and a couple of ‘hawkish’ EU speech’s saw a brisk strengthening of the euro from weak to strong.
The strong euro put the dampeners on the Dom long German Dax but we still managed some good points in both.
Monday saw a decent maximum potential of 695 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 69 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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