The trend was DOWN until 11am EST. From 7am – 11am EST, a new trend change candle formed and changed the trend from down to UP. After 11am EST, the trend remained up the rest of the day.
Today I only looked for short trades until 11am EST. After 11am EST, I only looked for long trades.
News events to watch for today :
- 10:00am EST– US NAHB Builders Survey
There were no valid signals today.
Trade Result: +0 pips R-Multiple: N/A
News events to watch for Wednesday:
- 4:30am EST– UK Claimant Count Rate; ILO Unemployment; BOE MPC Minutes
- 8:30am EST– US Housing Starts; Building Permits