The trend was down until 8am EST. From 4am to 8am EST a new trend change candle formed and changed the trend from down to UP. After 8am EST, the trend remained up the rest of the day.
Today I only looked for short trades.
News events to watch for today :
- 4:30am EST– UK Trade Balance
- 5:30am EST– BOE Quarterly Inflation Report
- 8:30am EST– US Trade Balance
There were no trades today!
Trade Result: +0 pips R-Multiple: N/A
News events to watch for Thursday:
- 4:30am EST– UK Manufacturing Production ; Industrial Production
- 8:30am EST– US Initial Claims ; Retail Sales; PPI
- 10:00am EST– UK NIESR GDP; US Business Inventories