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Main Trend
Current Trend= The trend remained up the entire day.
Today I only looked for long trades.
Today’s Surf
7:00am EDT– There was a moving average crossover for a long trade. RSI was greater than 50, stochastics were trending up, but MACD was already positive. This cancelled out the signal and I did not enter.
8:00am EDT– There was a moving average crossover for a long trade. RSI was greater than 50, stochastics were trending up, but MACD was already positive. This cancelled out the signal and I did not enter.
10:00am EDT– There was a moving average crossover for a long trade. RSI was greater than 50, stochastics were trending up, but MACD was already positive. This cancelled out the signal and I did not enter. This was also a news candle, so even if I did have a valid signal I still would not have entered.
Trade Result: +0 pips; R-Multiple: 0
News events to watch for tomorrow :
- 8:30am EDT- US Durable Goods Orders
- 10:00am EDT– US Existing Home Sales
For a list of all of tomorrow’s news events, check out our Forex Calendar