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Main Trend
Current Trend
The trend was up until 7am EST. From 3am – 7am EST, a new trend change candle formed and changed the trend from up to DOWN. After 7am EST, the trend remained down the rest of the day.
Today I only looked for long trades until 7am EST. After 7am EST, I only looked for short trades.
News events to watch for today :
- 4:30am EST– UK GDP
- 9:00am EST- US S&P Case-Shiller Home Price
- 10:00am EST– US Consumer Confidence
Today’s Surf
10:00am EST– No entry because this was a news candle.
Trade Result: +0 pips R-Multiple: N/A
News events to watch for Wednesday:
- 10:00am EST– US New Home Sales
- 2:00pm EST– US FOMC Interest Rate Statement
For a complete list of news events check out our Forex Economic Calendar.
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