Individual currencies are still without definitive strength or weakness. When combined to make our pairs, momentum is obviously going to be affected. We were working on a ‘flat plus – strong ish’ UK pound today, so any GBP pair trending Dom short was going to struggle. Our Dom long pairs shone through nicely, despite far from ideal ICS Balances.
The Dom short EUR/AUD gave some decent points at our usual times, as did our Dom long German Dax.
The start of the week saw a reasonable maximum potential of 685 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 68 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.