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Main Trend
Current Trend
The trend was UP the entire day.
Today I only looked for long trades.
News events to watch for today :
- 4:30am EST- UK Claimant Count Change; Claimant Count Rate; ILO Unemployment Rate; Average Earnings; Meeting Minutes
Today’s Surf
1:30, 2:30 am 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 signal and I did not enter.
4:00am EST– There was a valid signal here but because it was right before the 4:30am EST news event I did not enter.
Trade Result: +0 pips R-Multiple: N/A
News events to watch for Thursday:
- 8:30am EST– US Initial Claims
- 10:00am EST– US Philly Fed Survey; Existing Home Sales
For a complete list of news events check out our Forex Economic Calendar.
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