The pound itself started the day as weak ish and that was with long Doms in our GBP pairs. We had the proverbial pre-news selloffs before manufacturing news at 9.30am. The positive data helped lift the pound and this in-turn helped the long Doms with some decent points available.
The Dom long EUR/AUD had a conflicting ICS Balance, with 2 weak currencies slugging it out. Positive EU data did little to lift the pair.
However, EU block data plus positive German data helped to further boost the Dom long Dax with some excellent points available.
Monday saw a greatly improved maximum potential of 920 points from specific Max Day Trading time/price level entries within our five instruments from the UK morning session alone, with a minimum target of just 30.
A TEN PERCENT target of this figure would have yielded 92 net points from specific Max Day Trading time/trend entries, with many additional opportunities in the US morning (UK afternoon) and US afternoon (UK evening) sessions.
For the original postings at 6am of the above instruments, join out free Telegram channel ‘Trade Forex With MaxDayTrading. Full details below.
