Individual currencies are themselves showing definitive strength and weakness but when paired in conflict (ICS Balance), momentum is seriously disrupted. This was very evident in the GBP/AUD & EUR/AUD, as weak individual currencies battled for the trend.

Economic data was also a problem today with early (negative) and mid morning (positive) GBP news, along with positive German data to disrupt the Dom short Dax. Despite all this, our technical Dom trends gave us good, reliable points at our usual times.

Wednesday saw another decent maximum potential of 645 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 64 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.