There was only one decent ICS Balance at the UK open, the Dom long GBP/USD. This gave a very decent trend albeit on low volumes and the absent of US market movers in the afternoon due to the 4th July holiday. We had to rely on just Dom technical analysis for our remaining pairs and as expected, trend momentum was literally non existent. However we still had decent points at our usual times.

The Dom long Dax suffered again from economic data breaches, as negative German data at 8.55am had the price moving down far earlier than the official announcement. With the negativity already built in, the price recovered quickly giving us some good points on the way back up.

Monday saw a reasonable maximum potential of 410 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 41 net points, with many additional opportunities in the US morning (UK afternoon) and US afternoon (UK evening) sessions.