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Main Trend
Current Trend= The trend remained up until 8am ET. From 4am – 8am ET, a new trend change candle formed and changed the trend from up to DOWN. After 8am ET, the trend remained down.
I looked for long trades until 8am ET. After 8am ET, I only looked for short trades.
Today’s Surf
1:00am ET– There was a moving average crossover for a short trade. RSI was less than 50 but stochastics were not trending up. This cancelled out the signal and I did not enter.
Trade Result: +0 pips
Tomorrow’s news events to watch out for:
- No important news events tomorrow
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