ICS Balances were conflicting in all but the EUR/AUD and even here they were far from ideal. The UK pound has continued to weaken from yesterday as ‘Freedom Day’ (June 21st) is looking more and more doubtful. This is making momentum very scarce and combined with exceptionally low volumes and volatility, how we’re able to get any points is beyond me but still they come.
Mixed German economic data had the Dom long Dax all over the place but still some decent points available.
Tuesday saw a reduced maximum potential of 435 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 43 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.