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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:
- 4:30am EST– UK CIPS Market Construction PMI
- 8:15am EST– US ADP Employment Survey
- 10:00am EST– US ISM Non-Manufacturing
Today’s Surf
3:30am EST– Didn’t consider this possible signal because it was close to the 4:30am EST news event.
6:30am 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.
Trade Result: +0 pips R-Multiple: N/A
News events to watch for Thursday:
- 4:30am EST- UK BOE Net Consumer Credit
- 8:30am EST– US Trade Balance
- 10:00am EST– US Factory Orders
For a complete list of news events check out our Forex Economic Calendar.
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