Cowabunga System Daily Update: Thursday, 05/01/08

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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

3:30am EST– There was a moving average crossover for a long trade. RSI was greater than 50, MACD went from negative to positive, but stochastics were trending down. This cancelled out the signal and I did not enter.

entry2

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

News events to watch for tomorrow :
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