The trend was down the entire day.
Today I only looked for short trades.
News events to watch for today :
11:45am 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. Also because it was right before 12 noon EST I still would not have entered even if it was a valid signal.
Trade Result: +0 pips R-Multiple: N/A
News events to watch for Tuesday:
- 4:30am EST– UK Public Borrowing
- 6:00am EST– UK CBI Industrial Trends
- 10:00am EST– US Existing Home Sales