Cowabunga System Daily Update: Wednesday, 04/17/2013

April 17, 2013 4:07 PM UTC in Trading Systems

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Main Trend

Current Trend

The trend was UP until 8am EST. From 4am – 8am EST a new trend change candle formed and changed the trend from up to DOWN. After 8am EST, the trend remained DOWN.

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

News events to watch for today :

8:30am EST– US Initial Claims

Today’s Surf

Unfortunately there were no signals today.

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
10:00am EST– US Philly Fed Survey

For a complete list of news events check out our Forex Economic Calendar.
Questions? Read the Cowabunga FAQ.

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About Pip Surfer

Dude! So you've read just about everything you could possibly get your hands on about the forex. Follow along as I take a simple forex trading system and apply it to an unsimple market. If you're new trader, you should read this first.. Then check out the Cowabunga System FAQs.