ICS Balances were themselves fairly non-directional at the start of the UK open, resulting in weak momentum within our currency Dom TA conclusions. Positive UK economic data did little to lift the GBP Index. However very decent points were still available at our usual times in all pairs.
The Dom long Dax did well in the former part of the morning but Negative German data saw the price fall away soon after the announcement. Earlier points were still excellent.
Thursday saw another very decent maximum potential of 710 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 71 net points, with many additional opportunities in the US morning (UK afternoon) and US afternoon (UK evening) sessions.