The UK pound started to lose the strength it had built up over the last couple of days, changing our GBP pairs from Dom long to short. However the pound wasn’t outright weak and this caused quite a bit of ranging in most pairs, however with some decent points still available in all.
The Dom short EUR/AUD was a little more definitive with a better ICS Balance, though still ranging a little. Last but not least, the Dom long German Dax did well at our usual times but lost quite a bit of strength leading up to the US open at 12PM GMT.
Thursday saw another reasonable maximum potential of 515 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.
A TEN PERCENT target of this figure would have yielded 51 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.