Friday saw some very bizarre and unusual price movements within our domino channel and instruments. The strangest was negative UK data making our Dom Short GBP pairs rise and our Dom Long pairs fall. There was a conflict between UK stocks and the UK pound with both being weak. Seemed to be a ‘risk off’ within both. There’s always going to be a ‘something’s got to give’ scenario but it’s very hard to tell which.
Thankfully there were still some very good specific time/price level trades and we managed another very decent maximum potential of 835 points from specific Max Day Trading time/price level entries from the UK 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.
