Current Trend= The trend remained up the entire day.
Today I only looked for long trades.
1:45 am ET– There was a moving average crossover for a long trade but MACD was already positive which cancelled out the signal. No entry.
7:30 am ET– There was a moving average crossover for a long trade. RSI was greater than 50, stochastics were trending up and MACD went from negative to positive. This was a valid entry. The entry was at the close of the candle which was at 9922 with a stop at the most recent swing low which was at 9885. Since I was 28 pips away from the nearest 50 level I decided to put my target at 9950.
4:00 pm ET– My target wasn’t hit by 4pm ET so I manually closed out my trade at breakeven.
Trade Result: +0 pips