There were some obvious choices before we even started today regarding ICS Balances. We knew to avoid any Dom long pairings with the AUD, as this itself was strengthening from positive AU data at 00.30am. Better balances were found in the GBP/JPY and especially the GBP/USD, which we knew before we traded. The worst was the EUR/AUD as we had 2 strong currencies battling it out. Again we were fully aware of this at the UK open.
The Dom long German Dax gave some slightly less manic points today, as the limbo continues with trade talks.
Thursday saw a reasonable maximum potential of 530 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 53 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.
For the original postings at 6am of the above instruments, join out free Telegram channel; Trade Forex With MaxDayTrading. Full details below.