I had a thought first thing today that with the lack of economic data and apparent consolidation within the markets, our Doms may lack the pin-point accuracy we’re so much accustomed to. How astonishingly wrong I was!
Seriously, to accurately predict the GBP as being both long and short with strong trends and very good points within our pairs ?? I’ll say no more!
The EUR/AUD and German Dax behaved exactly as expected too with excellent points in each.
Lower volumes and volatility kept a lid on overall point gains but we still managed a respectable maximum potential of 835 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 83 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.