Our Dom long GBP pairs were decimated on Covid fundamentals today, as our pathetic government suddenly announced £5k fines for those leaving the country for no valid reason (including holidays) as of this coming Monday. This also made the EUR drop like a stone too but thankfully the GBP/AUD & Dom long EUR/AUD still did fairly well on a very weak AUD.
This news also had the German Dax heading south but here, the price rallied up to the end of the UK morning session.
Tuesday saw a decent maximum potential of 620 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 62 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.