Current Trend= The trend remained up the entire day.
Today I only looked for long trades.
4:30 am ET- This was a Cowabunga signal for a long trade but it was a result of a news candle. According to our rules, we do not take these trades so I stayed out.
7:00 am ET- There was a moving average crossover for a long trade. RSI was greater than 50, stochastics were trending up, but MACD was already positive which cancelled out the signal. I did not enter. It’s too bad though because this would’ve been a beauty! Don’t get down if you missed out. This happens sometimes when you trade. Just remember there are always plenty more opportunities to come.
Trade Result: +0 pips