The eastern European crisis continues to disrupt the markets, as risk is transferred in and out of stocks and currencies at each new headline. This has made prices spike up and down with no real trend momentum anywhere.
The Dax started the day as Dom short with some high volatility trades leading up to positive German economic data. The price then lifted but was probably more so on ‘less severe’ news of the Russian/Ukrainian situation.
Overall, trading was challenging today but we still had some decent points at our usual times.
Tuesday saw another very reasonable maximum potential of 955 from specific Max Day Trading time/level entries within our four instruments from the UK morning session alone.
JUST A TWENTY PERCENT target would have yielded 191 net points, with many additional opportunities in the US morning (UK afternoon) and US afternoon (UK evening) sessions.