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Main Trend
Current Trend= The trend remained down the entire day.
Today I only looked for short trades.
Today’s Surf
12:00am EDT– There was a moving average crossover for a short trade. RSI was less than 50, stochastics were trending down, but MACD was already negative which cancelled out the signal.
9:00am EDT– There was a moving average crossover for a short trade. RSI was less than 50, MACD was positive and losing value, but stochastics were already in oversold territory which cancelled out the signal.
Trade Result: +0 pips ; R-Multiple: N/A
News events to watch for Monday :
- 4:30am EDT- GBP PPI Input