The trend was UP until 8am EST. From 4am – 8am EST, a new trend change candle formed and changed the trend from up to DOWN. After 8am EST, the trend remained down the rest of the day.
Today I only looked for long trades until 8am EST. After 8am EST,
I only looked from short trades.
News events to watch for today :
4:15am EST– There was a signal here but because it was right before the 4:30am EST news I did not enter.
Trade Result: +0 pips R-Multiple: N/A
News events to watch for Wednesday:
- 4:30am EST– UK ILO Unemployment Rate; Claimant Count Change; Claimant Count Rate; Average Earnings
- 10:00am EST- US NAHB Builders Survey