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Main Trend

Current Trend

The trend stayed up until 3am EST. From 11pm – 3am EST, a new trend change candle formed and changed the trend from up to DOWN. After 3am EST, the trend remained down the rest of the day.

Today I only looked for long trades until 3am EST. After 3am EST, I only looked for short trades.

News events to watch for today :

  • 4:30am EST– UK BBA Mortgage Approvals
  • 8:30am EST- US Prelim GDP q/q
  • 9:00am EST- US S&P/CS Composite-20 HPI y/y
  • 10:00am EST- US CB Consumer Confidence

Today’s Surf

10:00am EST– There was a valid signal here but because it was a news candle I did not enter.


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

News events to watch for tomorrow:

  • 4:30am EST– UK Gross Domestic Product Price
  • 8:30am EST- US Initial Jobless Claims
  • 10:00am EST- US New Home Sales

For a complete list of news events check out our Forex Economic Calendar.
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