ICS Balance played a big part in our instrument choices today. There were immediate conflicts in the GBP/JPY and GBP/USD. This was exasperated by a further strengthening of the JPY and USD throughout the UK morning. Our best pairs were the strong GBP against a weak AUD and a flat plus (strengthening) EUR against the weak AUD with all this knowledge before the UK session even started. All in all there were good point gains in all our currency pairs.
The German Dax was the star of the day, literally falling off a cliff on an official Dom Cat 5 Short and some eye watering points available.
Thursday saw a very respectable maximum potential of 935 points from specific Max Day Trading time/price level entries within our five instruments from the UK morning session alone, with a minimum target of just 30.
A TEN PERCENT target of this figure would have yielded 93 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.
For the original postings at 6am of the above instruments, join out free Telegram channel ‘Trade Forex With MaxDayTrading. Full details below.
