There was quite a lot of economic data covering Europe, the UK and the US. Starting with the UK, we has a string of negative data from 9.30am which we knew was going disrupt our long Doms. However our GBP pairs fared much better today than yesterday. We expected the usual pre-news selloffs, which we got and by the time the news was announced, the negative news was already built in and surprisingly enough the long Doms continued not long after.
Our ICS Balances were good in some pairs and not so good in other.
One of the best was the EUD/AUD which dropped like a stone on our short Doms. This was a similar with the German Dax. Dom Long with negative news with the price built in and our long Doms continued.
Today we had another very respectable maximum potential of 920 points from specific Max Day Trading time/price level entries from the London morning session alone, with a target of just 30.
A 10% target of this figure would have yielded a minimum of 92 net points from specific Max Day Trading time/price level entries, with many additional opportunities in the US morning (UK afternoon) and US afternoon (UK evening) sessions.
