ICS Balances remained fairly poor today but we did see an increase in volumes from the UK open. Mixed UK economic data did little to change the ‘Weak Ish’ GBP Index but despite this, we still had very good points from GBP pairs that were trending both long and short.
The Dom long EUR/AUD did well on a good ICS Balance but the Dom long Dax suffered from negative German data later in the morning. Still some decent points available at our usual times.
Tuesday saw a much improved maximum potential of 690 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 69 net points, with many additional opportunities in the US morning (UK afternoon) and US afternoon (UK evening) sessions.