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Main Trend
Current Trend
The trend was DOWN the entire day.
Today I only looked for short trades.
News events to watch for today :
- 4:30am EST– UK CIPS Market Services PMI
- 8:15am EST– US ADP Employment Survey
- 10:00am EST– US ISM Non-Manufacturing
Today’s Surf
2:00am EST– There was a moving average crossover for a long 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.
Trade Result: +0 pips R-Multiple: N/A
News events to watch for Thursday:
- 7:00am EST- UK BOE Base Rate
- 8:30am EST– US Initial Claims; Trade Balance
For a complete list of news events check out our Forex Economic Calendar.
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