The wonderful thing with Max Day Trading is on days like today, we were fully aware of the lack of momentum in all our currency pairs before the UK session had even started. This was perfectly clear by the ICS Balances. All individual currencies were on the strong side, meaning we had conflicts in all pairs with strong binaries battling against each other. We still had some good early trades at our usual times but the lack of momentum was clearly evident, along with the overall point gains which were very limited.
As the euro started to lose strength by mid-morning, this helped to lift the Dom short German Dax but not before some very decent early trades.
Thursday saw another decent maximum potential of 525 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 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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