Friday saw volatility drop slightly throughout all our instruments, which have reflected in lower spreads but still nowhere near their normal average. Expect higher broker charges ’till at least the end of this year.
Our GBP pairs performed very well, along with the EUR/AUD. The German Dax started the morning Dom Long with very good points but it wasn’t long until more coronavirus fatality details filtered through and the price started to plummet again, ending up net short come the US open.
Today we managed another healthy maximum potential of 1,390 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 139 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.
