Main Trend

Current Trend
The trend was DOWN the entire day.
Today I only looked for short trades.
News events to watch for today:
- 4:30am EST– UK CPI
- 8:30am EST– US Retail Sales
- 9:15am EST– US Capacity Utilization
- 10:00am EST– US Business Inventories
Today’s Surf
4:30am EST- Didn’t consider this possible signal because it was on a news candle.
6:30am 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 my signal and I did not enter.

Trade Result: +0 pips R-Multiple: N/A
News events to watch for Thursday:
- 4:30am EST– UK Retail Sales
- 8:30am EST– US Philly Fed Survey
For a complete list of news events check out our Forex Economic Calendar.
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