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Main Trend
Current Trend= The trend remained down the entire day.
Today I only looked for short trades.
News events to watch for today :
- 7:00am EST– UK Official Bank Rate
- 8:30am EST– ECB Press Conference
Today’s Surf
12:45am EST– There was a moving average crossover for a short trade. However, stochastics were trending up which cancelled out the signal. No entry.
7:00am EST– There was a valid signal here, but because it was a news candle, I did not enter.
7:45am EST– There was a moving average crossover for a short trade. However, MACD was already negative which cancelled out the signal. No entry.
10:15am EST– There was a moving average crossover for a short trade. However, MACD was already negative which cancelled out the signal. No entry.
10:45am EST– There was a moving average crossover for a short trade. However, MACD was already negative which cancelled out the signal. No entry.
Trade Result: +0 pips : R-Multiple: N/A
News events to watch for tomorrow :
- 8:30am EST– US Trade Balance