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Main Trend
Current Trend
The trend was down until 4am EST. From 12am – 4am EST a new trend change candle formed and change the trend from down to UP. After 4am EST, the trend remained up the rest of the day.
Today I only looked for short trades until 4am EST. After 4am EST, I only looked for long trades.
News events to watch for today :
- 4:30am EST– UK Manufacturing Production ; Industrial Production
- 10:00am EST– UK NIESR GDP est.
Today’s Surf
9:30am EST– There was a valid signal here but because it was right before the 10am EST news I did not enter.
Trade Result: +0 Pips R-Multiple: N/A
News events to watch for Thursday:
- 4:30am EST– UK Trade Balance
- 7:00am EST- UK BOE Interest rate announcement
- 8:30am EST- US Trade Balance ; Initial Claims
For a complete list of news events check out our Forex Economic Calendar.
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