ICS Balances were far from good today in all our currency pairs, so the focus was on the Dom long Dax. Positive German economic data at 8.55am boosted the trend until some late selloffs heading to the end of the UK morning session.
Our Dom long GBP pairs suffered from early pre-news selloffs but positive UK economic data gave all pairs a decent lift from the 9.30am announcement.
Monday saw a reasonable maximum potential of 600 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 60 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.