Individual currencies themselves are suffering low volumes and lack of definitive strength or weakness. This in-turn is causing poor ICS Balances and little in the way of momentum. Our early trades fared well but entries were not well defined.

Yet again, our best mover was the German Dax but even here, volumes were down and points limited. The markets still seem to be waiting for something major to happen. The question is, what?

Wednesday saw another decent maximum potential of 465 points from specific Max Day Trading time/trend 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 46 net points from specific Max Day Trading time/trend entries, with many additional opportunities in the US morning (UK afternoon) and US afternoon (UK evening) sessions.