The GBP has been on a rollercoaster ride over the past 48 hours. After Sundays panic buying of fuel that saw long queues outside of petrol stations, tensions seemed to ease over the crisis and the pound gained strength after Mondays UK open, putting a spanner in our Dom short GBP pairs. The pound remained on the strong side at todays open but as news filtered in of increased panic buying, very long queues and even violence at petrol stations, the pound took another tumble, putting a spanner in our Dom long GBP pairs. Despite this, feasible points were still available at out usual times.

The Dom short EUR/AUD also counter-trended on a weakening of the AUD but again, some early points were still available.

The star of the show today was the Dom short Dax. Even positive German data couldn’t overcome the Doms and the price fell away right ’till the end of the morning session, with some excellent points available.

Tuesday saw a very decent (under the circumstances) maximum potential of 760 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 76 net points, with many additional opportunities in the US morning (UK afternoon) and US afternoon (UK evening) sessions.