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Main Trend
Current Trend= Although we had a big drop in the GBP/USD, the trend remained up the entire day.
Today I only looked for long trades.
Today’s Surf
2:00 pm ET- There was a moving average crossover for a long trade. RSI was greater than 50, stochastics were trending up and MACD was negative and gaining value. This was a valid entry. However because the entry occurred very late in the day I decided not to enter this trade.
Trade Result: +0 pips