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Main Trend
Current Trend
The trend was DOWN the entire day.
Today I only looked for short trades.
News events to watch for today :
- 7:00am EST– UK BOE MPC Base Rate
- 8:30am EST– US Initial Claims
Today’s Surf
12:45am EST- There was a moving average crossover for a long trade. RSI was greater than 50, stochastics were trending up but MACD was already negative from the previous candle. This cancelled out the signal and I did not enter.
8:00am EST– Did not consider this possible signal because it was right before the 8:30am EST news.
Trade Result: +0 pips R-Multiple: N/A
News events to watch for Friday:
- 4:30am EST- UK Trade Balance
- 10:00am EST- US Wholesale Inventories
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.
