The pound continued to strengthen on signs of a Brexit trade deal with the EU, giving our Dom long GBP pairs a nice boost. The only casualty was the GBP/AUD with an equally strong, if not stronger AUD, giving us an ICS Balance conflict. Regardless, points at our usual times were still decent.
The Dom short EUR/AUD gave some good points, as did the Dom long German Dax on two lots of positive data. However overall currency and stock volumes remain low for this time of year and are probably linked to the ‘waiting game’ between the US elections and an EU trade deal.
Tuesday saw another reasonable maximum potential of 480 points from specific Max Day Trading time/trend 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 48 net points from specific Max Day Trading time/trend entries, with many additional opportunities in the US morning (UK afternoon) and US afternoon (UK evening) sessions.
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