Cowabunga System Daily Update: 02/28/07

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

Main Trend

Current Trend= Trend stayed up until the new trend change candle formed a downtrend, which started forming at 11pm ET. After 3am ET, the trend remained down.

Today I only looked for long trades until 3am ET. After that I only looked for short trades.

Today's Surf

8:15 pm ET- There was a moving average crossover for a long trade. However, stochastics were trending down which cancelled the signal. No entry.

10:00 am ET- There was a signal for a short trade but it occurred during release of the New Home Sales report. No entry.

Trade Result: +0 pips

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

Comments (0)

Post a Comment

You are not signed in. You need to have a user name to post comments. Please sign in. If you don't have one yet, please register. It's free!

(If you haven't left a comment here before, you may need to be approved by the site owner before your comment will appear. Until then, it won't appear on the entry. Thanks for waiting.)

"You control your life by controlling your time."
Conrad Hilton
Clicky Web Analytics