ICS Balances were slightly better today but a warning was posted in VIP of our Dom short GBP/USD being borderline. This was due to 2 ‘Strong Ish’ currencies battling it out, with the strengthening UK pound eventually taking the centre stage. Even here there were still points available but it was evident that the intraday trend was long, in conjunction with our other GBP pairs. It’s worth noting the UK pound ‘fell off a cliff’ not long into the UK afternoon session on Coronavirus fundamentals (the possible delay of Freedom Day – June 21st). This however did not affect our morning trades at our usual times.

Mixed German data put the Dom long EUR/AUD on a bit of a roller-coaster ride and the mainly negative news bolstered the Dom short Dax with some excellent points available. Currency volumes and volatility are still extremely low, restricting overall point gains.

Wednesday saw a slight improvement, with a maximum potential of 495 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 49 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.