The big difference today was UK data being announced at the usual time of 9.30am. Even although the data was positive and went on to change the intrasession trend, we were able to perform all our early GBP trades in the short Dom direction, taking advantage of pre-news selloffs. The only limitations we had were the lack of trades later in the morning.
The Dom Short EUR/AUD had a terrible ICS Balance and suffered later in the morning with positive EU data but still yielded some very good points, proving that ‘the Doms always rule.’
The German Dax started the day as Dom Long but negative German data pulled the price lower into the US open (then rocketed in the early US hours). Decent points were still available.
Today we managed a maximum potential on lower volumes of 365 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 36 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.
