Cowabunga System Daily Update: Tuesday, 01/25/11

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Main Trend

Current Trend

The trend was up until 7am EST. From 3am – 7am EST, a new trend change candle formed and changed the trend from up to DOWN. After 7am EST, the trend remained down the rest of the day.

Today I only looked for long trades until 7am EST. After 7am EST, I only looked for short trades.

News events to watch for today :

Today’s Surf

10:00am EST- No entry because this was a news candle.

entry2

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

News events to watch for Wednesday:

For a complete list of news events check out our Forex Economic Calendar.
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  • jsd1004

    I have been following this blog and will update trades where there are gaps. ( Monday) where i record -16 (05.30 gmt) and -17 (14.15 GMT)off two trades. I will update daily if babypips cannot post. -33 in total ( excluding spread slippage)

  • jsd1004

    I have been following this blog and will update trades where there are gaps. ( Monday) where i record -16 (05.30 gmt) and -17 (14.15 GMT)off two trades. I will update daily if babypips cannot post. -33 in total ( excluding spread slippage)