Cowabunga System Daily Update: Thursday, 09/10/09

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Main Trend

Current Trend

The trend stayed up the entire day.

Today I only looked for long trades.

News events to watch for today :

  • 7:00am EST- UK Official Bank Rate
  • 8:30am EST- US Trade Balance; Unemployment claims

Today’s Surf

6:45am EST- There was a valid signal here but because it was before news, I did not enter.

entry2

Trade Result: +0 pips (NOT INCLUDING SPREAD) R-Multiple: N/A

News events to watch for tomorrow:

  • 4:30am EST- UK PPI Input m/m
  • 8:30am EST- US Import Prices m/m
  • 9:55am EST- US Prelim UoM Consumer Sentiment

For a complete list of news events check out our Forex Economic Calendar.
Questions? Read the Cowabunga FAQ.

Want to discuss the Cowabunga System? Visit our Forex Forums.

  • soulja4lyf

    Hey pipsurfer, just wanted to ask, if the close of a news candle happens to be an entry signal do you take it? Thanks.

  • soulja4lyf

    Hey pipsurfer, just wanted to ask, if the close of a news candle happens to be an entry signal do you take it? Thanks.

  • PipRanger

    Would you consider entering before news but place a tight stop loss? By doing this you could have rode the wave of todays price move after the news.

  • PipRanger

    Several times you have commented on another babypip site that you use. It sounds like you are saying mepips.com, but it’s not very clear in the video audio. What is the site link?
    Thanks

  • PipRanger

    I found the answer, it’s meetpips.com.

  • PipRanger

    Would you consider entering before news but place a tight stop loss? By doing this you could have rode the wave of todays price move after the news.

  • PipRanger

    Several times you have commented on another babypip site that you use. It sounds like you are saying mepips.com, but it’s not very clear in the video audio. What is the site link?
    Thanks

  • PipRanger

    I found the answer, it’s meetpips.com.