Cowabunga System Daily Update: 08/17/07

If this is your first time visiting this blog, read this first!

Main Trend

Current Trend= The trend remained down the entire day

Today's Surf

11:15 am ET- This was a moving average crossover for a short trade. RSI was less than 50, stochastics was trending down, but MACD was already negative. This cancelled out the signal and I did not enter.

Entry: None
Stop: None
Initial Target: None

Trade Result: +0 pips

Questions? Read the Cowabunga FAQ.
Want to discuss the Cowabunga System? Visit our Forums.

Comments (1)

do you set limits on your trades? If you do how come you can reset your stops on a clean break and not suffer slippage? And if you dont have limits you will lose on a spike filling your target price? Or is there a method of filling your target and having an option of continuing your trade?

Post a Comment

Oh snap! You need to be signed in to post comments! If you're already a BabyPips.com member, please sign in. If you aren't part of our ridiculously cool club, please register. It's free! And cool.

"Nothing great was ever achieved without enthusiasm."
Ralph Waldo Emerson
Clicky Web Analytics
Feedback Form