The markets remain in consolidation mode and very unstable with little to no momentum amongst our currency pairs. We are seeing unusual swings in strength and weakness within a couple of hours that would usually take over a day under normal circumstances.
The only instruments with decent down momentum are stock indices, as tensions increase between Russia and the Ukraine.
Friday saw a jittery but still reasonable maximum potential of 580 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 116 net points, with many additional opportunities in the US morning (UK afternoon) and US afternoon (UK evening) sessions.