Cowabunga System Daily Update: Tuesday, 12/02/2014

December 2, 2014 6:30 PM UTC in Trading Systems

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Main Trend

Cowabunga Forex System

Current Trend

The trend was UP until 11am EST. From 7am – 11am EST, a new trend change candle formed and changed the trend from up to DOWN.

Today I only looked for long trades until 11am EST. After 11am EST, I only looked for short trades.

News events to watch for today :

4:30am EST- UK CIPS Market Construction PMI

Today’s Surf

4:00am EST– I didn’t consider this possible signal because it was too close to the 4:30am EST news event.

Cowabunga Forex System

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

News events to watch for Wednesday:

4:30am EST– UK CIPS Market Services PMI
8:15am EST– US ADP Employment Survey
10:00am EST- US ISM Non Manufacturing

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.

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.

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If you do the things you need to do when you need to do them, then someday you can do the things you want to do when you want to do them.Zig Ziglar