The trend was UP the entire day today.
Today I only looked for long trades.
News events to watch for today:
- 4:30am EST– UK Claimant Count Rate
- 8:30am EST- US CPI
- 9:15am EST– US Capacity Utilization
- 10:00am EST– US NAHB Builders Survey
1:30am 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 my signal and I did not enter.
9:30am EST– Didn’t consider this possible signal because it was close to the 10:00am EST news candle.
Trade Result: +0 pips R-Multiple: N/A
News events to watch for Thursday:
- 8:30am EST– US Philly Fed Survey