The UK pound continued its demise today, with the best ICS Balance being the Dom short GBP/AUD and some excellent points available. Balances in other pairs weren’t so good but we still had some decent points at our usual trading times, considering our GBP pairs were again trending in both long and short directions. Volumes in all currency pairs remain very low.

The strengthening EUR Index made trading a little difficult in the Dom short EUR/AUD but along with the Dom long German Dax, decent points were still available.

Thursday saw another decent maximum potential of 495 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 49 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.