The trend was down the entire day.
Today I only looked for short trades.
News events to watch for today :
9:15am EST– There was a signal here but because it was close to the 10am EST news event I did not enter.
10:30am EST– There was a moving average crossover for a short trade. RSI was less than 50, MACD was positive and losing value, but stochastics were trending up. This cancelled out the signal and I did not enter.
Trade Result: +0 pips R-Multiple: N/A
News events to watch for Wednesday:
- 4:30am EST– UK Trade Balance
- 5:30am EST– BOE Quarterly Inflation Report
- 8:30am EST– US Trade Balance