ICS Balances within our currency pairs weren’t the best today and in turn, trend momentum and entries were a little difficult but points were still available at our usual times. Currency volumes remain extremely low.
Positive EU and German economic data also went against our Dom short EUR/AUD and it appeared we had a pre-news selloff of the Dax before data sent the price higher. Despite this, decent points were still available at our usual times.
Tuesday saw an improved maximum potential of 450 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 45 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.