On the day we eventually have definitive strength or weakness in our currencies indexes, the pairings were actually terrible with no real divergence in strength within our pairs except for the rather ‘slow’ GBP/USD. Fortunately and as per usual, our early trades fared well at our specific times and levels with some good points available.
Again, we were fully aware of the impending manic movements before we even filled in our first deal ticket. We could have easily chose take it or leave it.
Today we managed a decent maximum potential of 810 points from specific Max Day Trading time/price level entries from the UK morning session, with a minimum target of just 30. However over half of these were from the German Dax alone.
A 10% target of this figure would have yielded 81 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.
