The markets are very much ‘meandering’ with little economic data to stir the pot and major players who are still on holiday. This is reflecting in our currency indexes which themselves have little momentum on low volumes. When these are combined for our ICS Balances, we are seeing little overall momentum within our Dom trends. That being said, good trades were still plentiful in all our instruments, especially our early entries.
Today we saw a respectable maximum potential of 615 from specific Max Day Trading time/price level entries from the UK morning session alone, with a minimum target of just 30.
A 10% target of this figure would have yielded 61 net points from specific Max Day Trading time/price level entries, with many additional opportunities in the US morning (UK afternoon) and US afternoon (UK evening) sessions.
For the original 6am postings of the above instruments, join out free Telegram channel ‘Trade Forex With MaxDayTrading. Full details below.
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