The trend was UP the entire day.
Today I only looked for long trades.
News events to watch for today:
2:00am EST– There was a moving average crossover for a long trade. RSI was greater than 50, stochastics were trending but MACD was already positive from the previous candle. This cancelled out the signal and I did not enter.
Trade Result: +0 pips R-Multiple: N/A
News events to watch for Friday:
- 10:00am EST– US Existing Home Sales