The markets continue to consolidate on poor ICS Balances. Again and ironically, it was the GBP/USD that gave best momentum on a decent ICS Balance. Despite all this, decent points were still available at our usual times.
Wednesday saw a reduced maximum potential of 470 from specific Max Day Trading time/level entries within our four instruments from the UK morning session alone.
JUST A TWENTY PERCENT target would have yielded 94 net points, with many additional opportunities in the US morning (UK afternoon) and US afternoon (UK evening) sessions.