Cowabunga System Daily Update: Thursday, 09/18/08

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Main Trend

Current Trend= The trend remained up the entire day.

Today I only looked for long trades.

News events to watch for today :

  • 4:30am EST- UK Retail Sales
  • 8:30am EST- US Unemployment Claims
  • 10:00am EST- US Philadelphia Fed Index

Today’s Surf

4:30am EST- There was a valid signal here but because it was a news candle, I did not enter. No trade.

entry2

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

News events to watch for tomorrow :

  • None

For a complete list of news events check out our News Section

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  • DZMouloudia

    Hi there, Can the Bollinger Band be used as resistance and support levels in this system. If not what can be used to measure the Resistance and support levels.

  • DZMouloudia

    Hi there, Can the Bollinger Band be used as resistance and support levels in this system. If not what can be used to measure the Resistance and support levels.