Our Dom Short GBP pairs were literally a write off from the UK open with this extremely annoying new time of 7am for UK data announcements. If we had the usual time of 9.30am we could have enjoyed pre news selloffs in the short direction, encompassing all our usual Jath times. The outcome of the news then would be irrelevant as our points would already have been made. Instead we had overall positive data at 7am which strengthened the pound against our short Doms. At this point it was always going to be the positive news versus the short Doms. The Doms won! However this seriously restricted the amount of trades and therefore points available but we still did OK and the price plummeted into the US open and beyond.
The Dom Long EUR/AUD suffered again by a strengthening AUD Index which started the day ‘flat plus’ and continued to gain strength until plummeting into the US session. There were still some very good trades and points available.
The Dom Short German Dax yielded some excellent points too but ended up fairly flat come the US open. This then proceeded to follow the US30 off a cliff on negative US data.
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.
