Continued low volumes and poor ICS balances are still plighting our trades. No matter what, trends are difficult to predict and when we eventually do get a trend, momentum is not the best. The UK pound was under further pressure on Covid fundamentals, more specifically the possible delay of June 21st restrictions lift. However we still managed some decent early points at our usual times.

The ‘rogue’ of the day was most definitely the Dom short Dax. The price started heading north way before positive German data was announced. More ‘data breaches’ which are very common with this instrument!

Tuesday saw a reduced maximum potential of 320 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 32 net points from specific Max Day Trading time/trend entries, with many additional opportunities in the US morning (UK afternoon) and US afternoon (UK evening) sessions.