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Main Trend
Current Trend
The trend was up the entire day.
Today I only looked for long trades.
News events to watch for today :
- 4:30am EST- UK CIPS Contruction PMI
- 10:00am EST– US Pending Home Sales
Today’s Surf
6:00am EST– 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 cancelled out the signal and I did not enter.
11:30am EST- There was a valid signal here but because it was right before 12noon EST (the end of our trading session), I did not enter.
Trade Result: +0 pips R-Multiple: N/A
News events to watch for Tuesday:
- 4:30am EST- UK CIPS Services PMI
- 10:00am EST– US ISM Non Manufacturing
For a complete list of news events check out our Forex Economic Calendar.
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