The trend was DOWN the entire day.
Today I only looked for short trades.
News events to watch for today:
- 4:30am EST– UK CIPS Market Services PMI
- 8:15am EST– US ADP Employment Survey
- 10:00am EST– US ISM Non Manufacturing
1:45am EST– There was a moving average crossover for a short trade. RSI was less than 50, stochastics were trending down but MACD was already negative from the previous candle. This cancelled out the signal and I did not enter.
3:30, 4:15am EST– Didn’t consider these possible signals because they were close to the 4:30am EST news event.
9:00am EST– Didn’t consider this possible signal because it was close to the 10:00am EST news event.
11:15am EST– Didn’t consider this possible signal because it was close to 12 noon EST.
Trade Result: +0 pips R-Multiple: N/A
News events to watch for Thursday:
- 8:30am EST– US Initial Claims