Fundamentals played their part early today UK data out at 7am. This set a positive tone from the UK open with mix but overall positive figures. This meant swings and roundabouts for our GBP pairs, good for our Dom longs, bad for the Dom short.
We had a conflicting ICS balance in the Dom short EUR/AUD and this kept momentum down but still with good points available. It has to be noted that currency volumes are still exceptionally low for this time of year.
The star of the day again was the Dom short German Dax. Even with a conflict with the US Dow (long), the Doms took control and the Dax literally fell off a cliff as the morning went on with excellent points available.
Wednesday saw another decent maximum potential of 675 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 67 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.
For the original postings at 6am of the above instruments, join out free Telegram channel ‘Trade Forex With MaxDayTrading. Full details below.
