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Main Trend
Current Trend= The trend remained up the entire day.
Today I only looked for long trades.
News events to watch for today :
- 2:00am EDT- GBP Nationwide House Prices
- 4:30am EDT– GBP Net Lending to Individuals
- 8:30am EDT– US Core PCE Price Index, Personal Spending
- 9:45am EDT– US Chicago PMI
- 10:00am EDT– US Consumer Sentiment
Today’s Surf
2:15am 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.
Trade Result: +0 pips; R-Multiple: N/A
News events to watch for Monday :
- 4:30am EDT– GBP Manufacturing PMI
- 10:00am EDT– US ISM Manufacturing Index