Fundamentals had all our GBP pairs pushing Major Support this morning and again, overall point gains were a little restricted. There were still some healthy points available but major levels can be somewhat sticky to get past.
The euro Index started the day ‘Flat Minus’ and this weakness continued to the US open. This didn’t bode well with our Dom long EUR/AUD but early trades were again unaffected.
The weakening euro also boosted stocks later in the morning and again this was against our Dom short German Dax but not before some very good short trades in the earlier hours.
Wednesday saw another decent maximum potential of 630 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 63 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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