Even although it’s the case that ‘the Doms always rule’ 2 currency pairs could be immediately dismissed through conflicting ICS Balances. These being the GBP/AUD and EUR/AUD. Points were still available but without divergence there was no momentum in our Dom directions.
This only left our GBP pairs of which we had an immediate spanner in the works with high volatility news at 7am. This new time is extremely annoying and costing us points! However there were some 6am trades available and also some later trades when the news ‘point value’ was exhausted.
This left the German Dax of which we saw a pre-news selloff on Long Doms, positive data at 10am and a continuation of the long Doms up to the US open and way beyond.
Despite our many troubles today, we still managed a decent maximum potential of 765 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 76 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.
