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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 :
- 8:30am EST– Retail Sales
- 10:00am EST– US Business Inventories
Today’s Surf
12:00am 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 my signal and I did not enter.
6:00am 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 my signal and I did not enter.
8:30am EST– Didn’t consider this possible signal because it was a news candle.
Trade Result: +0 pips R-Multiple: N/A
News events to watch for Friday:
- 8:30am EST– US PPI
- 10:00am EST– US Univ. of Mich. Sentiment
For a complete list of news events check out our Forex Economic Calendar.
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