The UK pound continues to struggle to gain any decent strength. Even very early positive Housing data failed to filter through come the UK open and into the US open too. ICS Balances weren’t perfect but they still allowed some excellent Dom short trades in all our GBP pairs.
The Dom long EUR/AUD struggled with an ever strengthening AUD, as did the Dom long Dax on expected German economic data. Dax volatility was very low today in comparison to the last few days, with drastically reduced points available
Thursday saw another reasonable maximum potential of 475 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.
JUST A TEN PERCENT target of this figure would have yielded 47 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.