Our GBP pairs were trending both long and short today, with reasonable points in all on very low volumes. This was despite a strengthening in the GBP Index on positive UK economic data.
The Dom short EUR/AUD did well on a fair ICS Balance before the EUR Index strengthened up to the US open.
The odd one out was the the Dom short Dax. The index rose on early negative German data and didn’t start to fall again until more negative German data a couple of hours later.
Wednesday saw a decent maximum potential of 590 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 59 net points, with many additional opportunities in the US morning (UK afternoon) and US afternoon (UK evening) sessions.