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: 02/28/07
If this is your first time visiting this blog, read this first!
Main Trend
Current Trend= Trend stayed up until the new trend change candle formed a downtrend, which started forming at 11pm ET. After 3am ET, the trend remained down.
Today I only looked for long trades until 3am ET. After that I only looked for short trades.
Today's Surf
8:15 pm ET- There was a moving average crossover for a long trade. However, stochastics were trending down which cancelled the signal. No entry.
10:00 am ET- There was a signal for a short trade but it occurred during release of the New Home Sales report. No entry.
Trade Result: +0 pips
