All our instruments may now be experiencing an overall trend transition in both the long and short directions. The H4 chart which, visually covers over 1 month has seen major levels breached on several occasions, making prices highly stresses. This does not appear to be affecting the UK open and morning session but aggressive profit taking has sometimes counter-trended prices into the US open, not all the time though.
We had a mix bag of both UK and EU data which gave us ‘swings and roundabouts’ with our Dom trends. However all instruments behaved very well with precise points in the long and short direction.
Today we managed another decent maximum potential of 645 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 64 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.
