UK Interest Rate data at 12pm had the GBP index on a slippery slide from the 7am UK open, putting a spanner in our Dom long pairs. One of our worst pairs was the GBP/JPY which was compounded with a strengthening JPY Index. Overall there were still some decent points right up to the 12pm announcement which saw the UK pound plummet at the top of the hour.
The Dom short EUR/AUD did well on a conflicting ICS Balance and the Dax had a bit of a rollercoaster ride on mixed German economic data.
Thursday saw a reasonable maximum potential of 470 points 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.
JUST A TWENTY PERCENT target of this figure would have yielded 94 net points, with many additional opportunities in the US morning (UK afternoon) and US afternoon (UK evening) sessions.