ICS Balances were far from ideal, especially when we’ve got the GBP pairs trending in both directions. From the open, the best balance was the GBP/AUD, with some very good points available.

Again we had a major conflicting ICS Balance in the Dom short EUR/AUD, with early EU data giving strength to the euro.

Apparent positive German data did little to lift the Dom long Dax, which dropped throughout the morning. When I say ‘apparent’ – Consumer Climate came in at -12.9 which is still bad.

Thursday saw another reasonable maximum potential of 540 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 54 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.