ICS Balances remain in conflict within our currency pairs and this very much reduced trend momentum. The beauty is we knew this before the UK morning session even started. You could confidently choose whether to battle with the markets (and still gain points) or just take the day off until momentums strengthen again.
Mixed German economic data did little to deter the Dom short Dax but the big observation here is volatility. All currency pairs have increased in volumes recently but the Dax has increased massively. This can make trading quite dangerous as even small counter trends could trigger a stop-loss. Overall point gains were exceptional.
Tuesday saw another vastly improved maximum potential of 1,025 (just 20 down on yesterday) 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 205 net points, with many additional opportunities in the US morning (UK afternoon) and US afternoon (UK evening) sessions.