Individual currency indexes had a little more direction today but this doesn’t mean that there were very good ICS Balances. Most currency pairs had a bit of divergence apart from the GBP/AUD, both being ‘strong-ish’ and therefore a conflict. The AUD weakened more that the GBP and this saw a counter-trend against our short Doms. Still there were specific points available but this pair wouldn’t have been a choice at the UK open.
The German Dax, though officially Dom long and with good points, was pretty much non directional and ended up flat come the US open.
Today we saw a decent maximum potential of 520 from specific Max Day Trading time/price level entries from the UK morning session alone, with a minimum target of just 30.
A 10% target of this figure would have yielded 52 net points from specific Max Day Trading time/price level entries, with many additional opportunities in the US morning (UK afternoon) and US afternoon (UK evening) sessions.
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