The trend was UP the entire day.
Today I only looked for long trades.
News events to watch for today :
- 8:30am EST– US Initial Claims
5:30am 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.
8:15am EST– Didn’t consider this possible signal because it was right before 8:30am EST news.
11:15am EST– Didn’t consider this possible signal because it was right before 12 noon EST.
Trade Result: +0 pips R-Multiple: N/A