Individual currency strengths within pairs remain either flat or conflicting, which is seriously limiting any sort of trend momentum. Thankfully our ‘timed’ entries still yielded some decent points on low volumes.
The Dom short Dax continued its demise from yesterday, which was also helped along with negative German economic data. There was a brief period of profit taking at the end of the UK morning session which lifted the price slightly. Here again, there were some excellent points available at our usual times.
Wednesday saw a very reasonable maximum potential of 805 points from specific Max Day Trading time/trend entries within our five instruments from the UK morning session alone.
JUST A TWENTY PERCENT target of this figure would have yielded 161 net points, with many additional opportunities in the US morning (UK afternoon) and US afternoon (UK evening) sessions.