Current Trend= The trend remained up the entire day
Today I only looked for long trades.
News events to watch for today :
- 2:00am EDT– UK Nationwide HPI m/m
- 4:30 am EDT– UK Services PMI
- 10:00 am EDT- US ISM Non-Manufacturing PMI; Pending Home Sales m/m;
- 2:00pm EDT– US FOMC Meeting Minutes
Main Trend
Today’s Surf
3:15 am EDT– There was a moving average crossover for a long trade. RSI was greater than 50, stochastics were trending up, but MACD was already positive. This canceled out the signal and I did not enter.
9:45 am EDT- There was a valid signal here but because it was right at our 10:00 am news events, I did not enter.
Trade Result: +0 pips R-Multiple: N/A
News events to watch for tomorrow :
- 8:15 am EDT- US ADP Non-Farm Employment Change
