The trend was UP the entire day.
Today I only looked for long trades.
News events to watch for today :
2:45, 3:15, 4:15, 6:00, 10:15am EST– There was a moving average crossover for a long trade. RSI was greater than 50, stochastics were trending up, but MACD was already positive from the previous candle. This cancelled out the signals and I did not enter.
Trade Result: +0 pips R-Multiple:N/A
News events to watch for Tuesday:
- 6:00am EST– UK CBI Distributive Trades
- 8:30am EST– US Durable Goods
- 9:00am EST– US S&P Case-Shiller Home Price
- 10:00am EST– US Consumer Confidence