The trend was DOWN the entire day.
Today I only looked for short trades.
News events to watch for today :
2:00am 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.
7:45am EST– Did not enter here because it was too close to the 8:30am EST news event.
Trade Result: +0 pips R-Multiple: N/A
News events to watch for Wednesday:
- 4:30am EST– UK Claimant Count Rate
- 8:30am EST– US Building Permits; PPI
- 9:15am EST– US Industrial Production