Cowabunga System Daily Update: Friday, 03/14/08

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

Sorry, there is no video update. My voice is officially gone and I don’t know when it’s coming back. Drinking alot of ginger right now!

Main Trend

Current Trend= The trend remained up the entire day.

Today I only looked for long trades.

News events to watch for today :

Today’s Surf

12:15am EST– There was a moving average crossover for a long trade. RSI was greater than 50, stochastics were trending up, but MACD was already positive. This cancelled out the signal and I did not enter.

3:15am EST– There was a moving average crossover for a long trade. RSI was greater than 50, but stochastics were not trending up, and MACD was already positive. This cancelled out the signal and I did not enter.

9:00am EST– There was a moving average crossover for a long trade. RSI was greater than 50, stochastics were trending up, but MACD was already positive. This cancelled out the signal and I did not enter.

entry2

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

News events to watch for Monday :
  • 9:00am EST– US TIC Data
Questions? Read the Cowabunga FAQ.
Want to discuss the Cowabunga System? Visit our Forums.