The markets continue to consolidate with very little trend and momentum in either direction. However our Dom trend predictions remain accurate, despite poor ICS Balances and again, low volumes are limiting overall points gains.
The only hiccup we had was with the German Dax, which started the day Dom short but a news item mid morning regarding GDP recovery lifted stock prices and the index ended slightly higher than the 6am level but still with some good early short trades.
Today we managed another reasonable maximum potential of 565 points from specific Max Day Trading time/price level entries from the UK morning session alone, with a minimum target of just 30.
A 10% target of this figure would have yielded 56 net points from specific Max Day Trading time/price level entries, with many additional opportunities in the US morning (UK afternoon) and US afternoon (UK evening) sessions.
For the original 6am postings of the above instruments, join out free Telegram channel ‘Trade Forex With MaxDayTrading. Full details below.
