The trend was UP the entire day.
Today I only looked for long trades.
News events to watch for today:
- 8:30am EST– US CPI
6:15am 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 my signal and I did not enter.
10:45am EST– I didn’t consider this possible signal because it was already close to 12 noon EST.
Trade Result: +0 pips R-Multiple: N/A
News events to watch for Friday:
- 10:00am EST– US UoM Consumer Sentiment