The trend was UP until 4am EST. From 12am – 4am EST, a new trend change candle formed and changed the trend from up to DOWN. After 4am EST, the trend remained down the rest of the day.
Today I only looked for long trades until 4am EST. After 4am EST, I only looked from short trades.
News events to watch for today :
- 4:30am EST– UK Trade Balance; Manufacturing Production; Industrial Production
- 10:00am EST– UK NIESR GDP Est.
There were no valid signals today.
Trade Result: +0 pips R-Multiple: N/A