Cowabunga System Daily Update: 08/17/07

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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

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  • jsd1004

    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?