The markets continue to consolidate with some horrendously low volumes, especially the German Dax. I would say the rate of time/movement in the usually volatile Dax is less than one quarter of its normal. Some very strange times we’re experiencing here. Despite this, decent points were still available in all our instruments at our usual times.
Thursday saw a reduced 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.