Cowabunga System Daily Update: Tuesday, 04/15/08

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Main Trend

Current Trend= The trend remained up until 4am EST. From 12am – 4am EST, a new trend change candle formed and changed the trend from up to DOWN. After 4am EST, the trend remained down the rest of the day.

Today I only looked for long trades until 4am EST. After 4am EST, I only looked for short trades.

News events to watch for today :
  • 4:30am EST– UK CPI
  • 8:30am ESTUS PPI, Empire State Index
  • 9:00am ESTUS TIC Data

Today’s Surf

Unfortunately there were no signals today.

entry2

Trade Result: +0 pips : R-Multiple: N/A

News events to watch for tomorrow :
  • 4:30am EST- UK Average Earnings Index
  • 8:30am EST- US Core CPI
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