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: Tuesday, 10/07/08
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Main Trend
Current Trend= The trend remained down the entire day.
Today I only looked for short trades
News events to watch for today :
- 4:30am EST- UK Manufacturing Production
- 1:15pm EST- Bernanke Speaks
- 2:00pm EST- FOMC Meeting Minutes
Today's Surf
2:45am EST- There was a moving average crossover for a short trade but RSI was greater than 50 and MACD was already negative. No entry.
Trade Result: +0 pips R-Multiple: N/A
News events to watch for tomorrow :
- 10:00am EST- US Pending Home Sales
For a complete list of news events check out our News Section
