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The British pound started the day with little strength, as market movers contemplated the mixed UK economic data release at 7am. After an initial drop from negative GDP data, the pound rallied towards the end of the morning. Again our GBP pairs were trending both long and short and specific trades were plentiful at our usual times.

The Dom long EUR/AUD did well considering a poor ICS Balance and again, the odd one out was the Dom long Dax despite positive German data. We still caught some decent early points before the price ended up net short come the US open.

Wednesday saw another reasonable maximum potential of 540 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 54 net points, with many additional opportunities in the US morning (UK afternoon) and US afternoon (UK evening) sessions.

 

 

 

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