The trend was up until 4am EST. From 12am – 4am EST a new trend change candle formed and changed the trend from up to DOWN.
The trend stayed down until 8am EST. From 4am – 8am EST another 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 long trades until 4am EST. From 4am – 8am EST I only looked for short trades. After 8am EST I only looked for long trades.
News events to watch for today :
There were no valid signals today.
Trade Result: +0 pips R-Multiple: N/A
News events to watch for Wednesday:
- 10:00am EST– US ISM Non Manufacturing