Another very frustrating day where Brexit fundamentals disrupted our currency pairs, (all Dom long) though benefiting the Dom short Dax. Even early positive German data wasn’t enough to overpower the short Doms, with the Dax plummeting on 7am release. This, along with all our currencies took a further hit just after 8am with a statement release on unfavourable EU trade negotiations. This nullified our 8am trades in all our GBP pairs but we managed to squeeze an 8am trade from the EUR/AUD. Despite this ALL our early trades did well, with the Dax yielding right up to the end of the UK morning session.
Wednesday saw another decent maximum potential of 485 points on reduced trades from specific Max Day Trading time/trend 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 48 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.
