The trend was down the entire day.
Today I only looked for short trades.
News events to watch for today:
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.
9:00am EST– Didn’t consider this possible signal because it was right before the 9:30am EST news event.
Trade Result: +0 pips R-Multiple: N/A
News events to watch for Friday:
- 4:30am EST– UK Public Sector Net Borrowing
- 6:00am EST– UK CBI Industrial Trends Orders
- 10:00am EST– US Existing Home Sales