Cowabunga System Daily Update: 07/18/07

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Main Trend

Current Trend= The trend remained up the entire day.

Today I only looked for long trades.

Today’s Surf

10:00 am ET– There was a moving average crossover for a long trade. RSI was greater than 50, stochastics were trending up but MACD was already positive which cancelled out the signal. No Entry!

Trade Result: +0 pips

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