ICS Balances were poor in the GBP/AUD and EUR/AUD, restricting momentum and point gains. However there were still some decent points at our usual times though confidence wasn’t high. Again, we knew this before the UK morning open at 7am!
The best ICS Balance belonged to the Dom long GBP/JPY and here we had a fairly strong trend and good points with increased confidence of trade entries.
For the record, the Dom long German Dax gave some decent early trades but generally the price dropped throughout the session on slightly increasing tensions in eastern Europe. This also reflected in crude oil prices spiking a couple of dollars per barrel.
Thursday saw another reasonable maximum potential of 400 from specific Max Day Trading time/level entries within our three instruments from the UK morning session alone.
JUST A TWENTY PERCENT target would have yielded 80 net points, with many additional opportunities in the US morning (UK afternoon) and US afternoon (UK evening) sessions.