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Main Trend

Current Trend

The trend stayed down until 7am EST. From 3am – 7am EST, a new trend change candle formed and changed the trend from down to UP. After 7am EST, the trend remained up the rest of the day.

Today I only looked for short trades until 7am EST. After 7am EST, I only looked for long trades.

News events to watch for today :

  • 4:30am EST- UK Claimant Count Change
  • 8:30am EST– US Core CPI m/m

Today’s Surf

3:30am EST– There was a valid entry here but because it was close to a news event I did not enter. (See video for more explanation)

entry2

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

News events to watch for tomorrow:

  • 4:30am EST- UK Retail Sales m/m
  • 6:00am EST– UK CBI Realized Sales
  • 8:30am EST– US Unemployment Claims
  • 10:00am EST– US Philly Fed Manufacturing Index

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