Dude! So you've read just about everything you could possibly get your hands on about the Forex. Now you want to get your feet wet but aren't sure where to start. Well then this blog is for you! Follow along as I take a simple system and apply it to an unsimple market. If you're new to the blog you should Cowabunga System Daily Update: Friday, 03/14/08
If this is your first time visiting this blog, read this first!
Sorry, there is no video update. My voice is officially gone and I don't know when it's coming back. Drinking alot of ginger right now!
Main Trend
Current Trend= The trend remained up the entire day.
Today I only looked for long trades.
News events to watch for today :
- 8:30am EST- US CPI
- 10:00am EST- Consumer Sentiment
Today's Surf
12:15am 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. This cancelled out the signal and I did not enter.
3:15am EST- There was a moving average crossover for a long trade. RSI was greater than 50, but stochastics were not trending up, and MACD was already positive. This cancelled out the signal and I did not enter.
9:00am 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. This cancelled out the signal and I did not enter.
Trade Result: +0 pips; R-Multiple: N/A
News events to watch for Monday :
- 9:00am EST- US TIC Data
