ICS Balances were better today and for a change we saw, what appeared to be some decent trends within a few of our currency pairs. However again, trading volumes are horrendously low for this time of year and this is keeping a firm lid on overall point gains. Todays’ numbers were far better but this was only due to decent ICS Balances. In fact the additional momentum caused major resistance to be breached in both the GBP/JPY & GBP/USD.

Monday saw an improved maximum potential of 400 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 40 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.