Cowabunga System Daily Update: Thursday, 10/07/2010

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Main Trend

Current Trend

The trend was down until 8am EST. From 12 midnight – 8am EST a new trend change candle(s) formed and changed the trend from down to UP. After 8am EST, the trend remained up the rest of the day.

Today I only looked for short trades until 8am EST. After 8am EST, I only looked for long trades.

News events to watch for today :

Today’s Surf

No trade signals were generated today.

entry2

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

News events to watch for Friday:

For a complete list of news events check out our Forex Economic Calendar.
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