There was little in the way of strength divergence within all our currency pairs today regarding our ICS Balances, so we know from the onset that trades were not going to be easy. Some of our ‘tipping point’ Dom Cat 3’s were trending only slightly but all ended up complying, although the lack of proper momentum made entries a little more difficult.
The German Dax is still nudging Major Resistance and this put a lid on the Dom Long trend but not overall point gains, which were still over the 300 mark.
Despite the lack of momentum within our currencies, we still managed another respectable maximum potential of 835 points from specific Max Day Trading time/price level entries from the London morning session alone, with a target of just 30.
A 10% target of this figure would have yielded a minimum of 83 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.
