The trend was DOWN the entire day.
Today I only looked for short trades.
News events to watch for today :
- 4:30am EST– UK CIPS Market Services PMI
- 8:30am EST– US Trade Balance; Initial Claims
- 10:00am EST- US ISM Non-Manufacturing
1:00am EST– There was a moving average crossover for a short trade. RSI was less than 50, stochastics were trending down but MACD was already negative from the previous candle. This cancelled out the signal and I did not enter.
4:00am EST– There was a signal here but because it was right before the 4:30am EST news event, I did not enter.
Trade Result: +0 pips R-Multiple: N/A
News events to watch for Friday:
- 8:30am EST– US NFP