Individual Currency Strength Balances (ICS Balance) were not particularly good today so there was more reliance in our Dom technical conclusions, and they did not disappoint. Volumes appear to have increased too so the combination gave us some excellent points at our usual times.
Negative UK economic data at 9.30am helped our Dom short GBP/JPY, yet our Dom long GBP/AUD still gave us some good points despite the negative news.
The Dom long EUR/AUD gave some good points but the big surprise was the Dom short Dax. Positive German economic data did little to stem the short trend and here we had the highest point gains this year.
Monday saw a vastly improved maximum potential of 1,045 from specific Max Day Trading time/level entries within our four instruments from the UK morning session alone.
JUST A TWENTY PERCENT target would have yielded 209 net points, with many additional opportunities in the US morning (UK afternoon) and US afternoon (UK evening) sessions.