If this is your first time visiting this blog, read this first!
The trend was DOWN the entire day.
Today I only looked for short trades.
News events to watch for today :
9:45am EST– There was a moving average crossover for a short trade. RSI was less than 50, stochastics were trending down but MACD was already negative. This cancelled out the signal and I did not enter.
Trade Result: +0 pips R-Multiple: N/A
News events to watch for Tuesday:
- 10:00am EST– US Wholesale Inventories; IBD Consumer Optimism
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.