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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
1:15am 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.
1:45am EDT– There was a moving average crossover for a long trade. RSI was greater than 50, but stochastics had crossed down and MACD was already positive. This cancelled out the signal and I did not enter.
4:30am 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.
7:30am 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.
Trade Result: +0 pips; R-Multiple: N/A
News events to watch for tomorrow :
- 4:30am EDT- GBP Business Investment
- 6:00am EDT- GBP CBI Distributive Trades
- 8:30am EDT- US PPI
- 10:00am EDT- US Consumer Confidence