The beginning of the week started poorly with conflicting ICS Balances within our currency pairs. It was mainly secondary counterparts giving any trend or momentum and this limited overall point gains. There was also a large and very unusual weekend ‘gap’ in the German Dax and most other stock indices which made technical analysis very difficult. Because of this, I have omitted the Dax from our Dom Proofs for the very first time.
Monday saw a reduced but still 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.