The trend was down the entire day.
Today I only looked for short trades.
News events to watch for today :
- 10:00am EST- US Existing Home Sales
3:15, 7:15 am EST– There was a moving average crossover for a short trade. RSI was less than 50, stochastics were trending down, but MACD was already negative from the previous candle. This cancelled out the signal and I did not enter.
Trade Result: +0 pips R-Multiple: N/A
News events to watch for Tuesday:
- 4:30am EST- UK GDP
- 10:00am EST– US S&P Case-Shiller Home Price ; Consumer Confidence ; FHFA House Price Index