Individual currencies themselves (ICS Balance) were themselves without direction and conflicting within our pairs. This greatly reduced trend momentum which in turn limited our overall point gains. I announced the GBP/JPY and Dax as ‘borderline’ between long and short today which resulted in the Dom short GBP/JPY remaining fairly flat and the Dom short Dax going against the stated trend. Volumes still remain very low for this time of year.

The beginning of the week saw a reduced maximum potential of 490 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, with many additional opportunities in the US morning (UK afternoon) and US afternoon (UK evening) sessions.