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Current Trend= The trend remained down until 4am EST. From 12am – 4am EST, a new trend change candle formed and changed the trend from down to UP. After 4am EST, the trend remained up the rest of the day.
Today I only looked for short trades until 4am EST. After 4am EST, I only looked for long trades.
News events to watch for today :
- 8:30am EST- US PPI
12:15am EST- There was a moving average crossover for a short trade. However, MACD was already negative which cancelled out the signal so I did not enter.
Trade Result: +0 pips : R-Multiple: N/A
News events to watch for Monday :
- 4:30am EST- UK MPC Meeting Minutes
- 2:00pm EST- FOMC Meeting Minutes
For a complete list of news events check out our News Section