The trend was UP until 8am EST. From 4am – 8am EST, a new trend change candle formed and changed the trend from up to DOWN. After 8am EST, the trend stayed DOWN the rest of the day.
Today I only looked for long trades until 8am EST. After 8am EST, I only looked for short trades.
News events to watch for today:
No valid signals today!
Trade Result: +0 pips R-Multiple: N/A
News events to watch for Wednesday:
- 4:30am EST– UK GDP
- 8:30am EST– US Durable Goods
- 9:00am EST– US FHFA House Price Index
- 10:00am EST– US New Home Sales