We had to be wary of any Dom short GBP pairs (GBP/USD), even although our GBP Index started the day as ‘weak ish.’ This was due to an oversold UK pound at the bottom of the H4 chart. As expected the pound strengthened during the morning, giving a boost to our Dom long GBP/JPY & GBP/AUD pairs with some excellent points available. This was despite low volumes that we are still experiencing.

A strengthening AUD Index gave the Dom long EUR/AUD a poor ICS Balance and limited points, while the Dom long German Dax did well at our usual trading times.

The start of the trading week saw a reasonable maximum potential of 575 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 57 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.