The GBP is now beginning to lose steam now as market movers liquidate and take profits. This is making ICS Balances unfavourable and today we had our GBP pairs trending in the long and short direction. There were still good points available in our 3 GBP pairs at our usual times.

The Dom long EUR/AUD took most of its trend from a weak AUD rather than a strong EUR and again we had some good trades.

There was an initial warning in VIP of a ‘borderline’ German Dax which was also trending against the US DOW30. Come the 7am UK open, it was evident that the trend was short and combined analysis reflected this with some superb points available.

Thursday saw another decent maximum potential of 970 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.

JUST A TEN PERCENT target of this figure would have yielded 97 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.