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Main Trend
Current Trend
The trend was down the entire day.
Today I only looked for short trades.
News events to watch for today :
- 10:00am EST– US IBD Consumer Optimism
Today’s Surf
1:45am EST– There was a moving average crossover for a short trade. RSI was less than 50, MACD was positive and went to negative, but stochastics were still trending up. This cancelled the signal and I did not enter.
4:30am 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 the signal and I did not enter.
11:15am EST- There was a signal here but because it was close to 12 noon EST I did not enter.
Trade Result: +0 pips R-Multiple: N/A
News events to watch for Wednesday:
- 4:30am EST– UK Trade Balance ; Visible Trade Balance
For a complete list of news events check out our Forex Economic Calendar.
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