Current Trend= The trend remained up the entire day

Today I only looked for long trades.

News events to watch for today :

  • 7:00 am EDT– UK Official Bank Rate
  • 8:30 am EDT– US Unemployment Claims

Main Trend

Today’s Surf

1:30 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.

4:00 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.

5:45 am EDT- There was a moving average crossover for a long trade. RSI was greater than 50, but stochastics were trending down and MACD was already positive. This canceled out the signal and I did not enter.

entry2

Trade Result: +0 pips R-Multiple: N/A

News events to watch for tomorrow :

  • 4:30 am EDT– UK Manufacturing Production m/m; PPI Input m/m
  • 8:30 am EDT– US Non-Farm Employment Change; Unemployment Rate