The trend was UP the entire day.
Today I only looked for long trades.
News events to watch for today :
- 4:30am EST- UK BOE Minutes
- 6:00am EST- UK Distributive Trades
- 8:30am EST- US Housing Starts; Building Permits
7:45am EST- There was a moving average crossover for a long trade. RSI was greater than 50, MACD was negative and gaining value, but stochastics were still trending down. This cancelled out the signal and I did not enter.
Trade Result: +0 pips R-Multiple: N/A
News events to watch for Thursday:
- 4:30am EST-UK Retail Sales
- 8:30am EST- US Initial Claims; Core PCE Price Index; GDP
- 10:00am EST- US FHFA House Price Index
- Cowabunga System Daily Update: Tuesday, 12/18/2012 14:21 18 December 2012
- Cowabunga System Daily Update: Thursday, 02/24/11 12:17 24 February 2011
- Cowabunga System Daily Update: Wednesday, 10/19/2011 13:33 19 October 2011
- Cowabunga System Daily Update: Thursday, 12/16/2010 16:24 16 December 2010
- Cowabunga System Daily Update: Thursday, 02/23/12 11:56 23 February 2012