At the end of certain days, you can look back at how the markets reacted and see how bad they actually were. Today was one of those days but the beauty for us, we knew this before the 7am UK session even started! Low volumes and very poor (initial) ICS Balances predicted little or manic momentum in all our currency pairs.

The only instrument with a half decent trend was the Dax but even this was against the Doms on positive German data right from the open. Maybe a day off ??

Monday saw another reduced maximum potential of 400 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 40 net points, with many additional opportunities in the US morning (UK afternoon) and US afternoon (UK evening) sessions.