This is going to be the roughest 3-6 months that the financial markets are going to experience in the last 100 years. We’ve already seen this with stocks and I would expect more of the same with some of the most horrendous forthcoming economic data releases in our lifetime.
Today, our early Doms did very well with excellent points owing to the increased volatility, though prices have become manic as fundamentals are observed.
All our instruments initially complied with our technical Doms with a maximum potential of 1,375 points from specific Max Day Trading time/price level entries from the London morning session alone, with a target of just 30. To reiterate, I have reflected the increased spreads that we are being charged and all figures quoted are net.
A 10% target of this figure would have yielded a minimum of 137 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.
Stay safe and keep well in this continued madness.
