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Today we saw a bit more trend momentum and direction within our Dom Short GBP pairs and this was despite positive UK data at 7am.

The Doms quickly overpowered the news and even our 7am trades went short at their usual times, apart from the GBP/JPY and GBP/USD of which we understandably had to wait for the 7.15am bar before the drop with some good trades in all.

The EUR/AUD remained long and the Dax ended up fairly flat on negative German data.

We managed a decent maximum potential of 610 points from specific Max Day Trading time/price level entries from the UK morning session alone, with a minimum target of just 30.

A 10% target of this figure would have yielded 61 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.

 

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