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Main Trend
Current Trend
The trend was 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:
- 5:30am EST– UK Claimant Count Rate
- 8:30am EST– US CPI
- 10:00am EST– US NAHB Builders Survey
Today’s Surf
8:15am EST– Didn’t consider this possible entry because it was right before the 8:30am EST news event.
9:00am EST– Didn’t consider this possible entry because it was right before the 10:00am EST news event.
Trade Result: +0 pips R-Multiple: N/A
News events to watch for Thursday:
- 8:00am EST– UK BOE Base Rate
- 8:30am EST– US Philly Fed Survey
For a complete list of news events check out our Forex Economic Calendar.
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