Cowabunga System Daily Update: 08/08/07

Posted 14:24 08 August 2007 by Pip Surfer
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Main Trend

Current Trend= The trend remained down until 12pm ET. From 8am - 12pm ET, a new trend change candle formed which changed the trend from down to UP. After 12pm ET, the trend remained up for the rest of the day.

Today's Surf

Because our trend was down for most of the day we didn't have any crossovers for a short trade during our trading session since the Cable mostly rallied today.

Entry: None
Stop: None
Initial Target: None

Trade Result: +0 pips

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Comments (1)

i wanna ask some question about clean break... what if a candle break our target but pull back after? Example:(long @2.0220 , limit @2.0250 , stop @2.0205 at sometime the candle reach 2.0264 and pull back to 2.0248 in just 15 minutes.... if i close at 2.0250 but the candle make a clean break then i'll miss out target no.2 (2.0300) if i wait until the candle close then only close my trade i might be not earn the pips that i set.what's the solution?
leepaynesnake | Posted 09:02 10 August 2007

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