The trend was UP the entire day.
Today I only looked for long trades.
News events to watch for today :
- 4:30am EST- UK BOE minutes; Public Borrowing
- 8:30am EST– US Initial Claims
- 10:00am EST– US Univ of Mich. Sentiment
3:15am 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 at the signal and I did not enter.
11:00am EST– There was a valid signal here but because it was close to 12 noon I decided not to enter the trade.
Trade Result: +0 pips R-Multiple: N/A
News events to watch for Thursday:
- US Holiday- Thanksgiving (will not trade)