Current Trend= The trend remained down the entire day.
On Friday I only looked for short trades
7:30am EDT– There was a moving average crossover for a short trade. RSI was less than 50, stochastics were trending down, but MACD was already negative. This cancelled out the signal and I did not enter.
Unfortunately this turned out to be a huge trade that we missed! You can’t catch them all but you have to remember to stick to your rules!
Trade Result: +0 pips; R-Multiple:0
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