Cowabunga System Daily Update: 02/28/07
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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
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Related Posts:
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- Cowabunga System Daily Update: 02/22/07 14:41 22 February 2007
- Cowabunga System Daily Update: 04/10/07 14:31 10 April 2007
- Cowabunga System Daily Update: Tuesday, 01/08/08 16:09 08 January 2008
- Cowabunga System Daily Update: 08/24/07 14:18 24 August 2007
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