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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 :
- 4:30am EST– UK Manufacturing PMI
- 8:30am EST- US Personal Spending
- 10:00am EST– US ISM Manufacturing Index
Today’s Surf
3:30am EST– There was a moving average crossover for a long trade. RSI was greater than 50, MACD went from negative to positive, but stochastics were trending down. This cancelled out the signal and I did not enter.
Trade Result: +0 pips : R-Multiple: N/A
News events to watch for tomorrow :
- 8:30am EST– US Non Farm Employment Change