Within our GBP pairs, two had decent ICS Balances, the GBP/JPY & GBP/USD. The odd one out was the GBP/AUD as two fairly strong currencies battled it out. There was a similar story with the EUR/AUD, restricting overall price movement.
The beauty was we knew these momentums before the UK had even opened! The only spanner in the works was negative UK economic data at 9.30am which saw some selloffs leading to the end of the morning session.
The Dax seemed to shrug off negative German economic data at 8.55am, with the Dom long trend lasting most of the morning.
Wednesday saw another reasonable maximum potential of 630 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 63 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.