UK economic data boosted our already Dom long GBP pairs from from 7am, which wasn’t too bad a thing. The difference being our entry techniques are different for a PNA (post news aftermath) than a Jath, with more aggressive profit taking soon after. Regardless, all GBP pairs did well, despite some poor ICS Balances.
The Dom short EUR/AUD overpowered positive EU data and did well but low currency volumes are still keeping a lid on point gains.
The Dom long German Dax was up to its usual tricks with some large manic movements. Again, low volumes are amplifying the movements on our charts with far fewer points than appears.
Wednesday saw another reasonable maximum potential of 565 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 56 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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