Cowabunga System Daily Update: 03/01/07

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Main Trend

Current Trend= There was no clear trend today as you can see from the chart. We had 4 different trend change candles!

Today’s Surf

As a result of the very choppy conditions today, there were no waves to catch during today’s surf.

Trade Result: +0 pips

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  • dcpeter3

    BigPippin,
    You have indicated that adjacent main trend candles are “choppy.” Is that a sufficient reason not to trade or did you not trade because there were no valid entries?

  • bigpippin

    Good question. I didn’t trade because I didn’t find any entries. The 15 minute chart was so hectic looking, which is why I didn’t post it.

  • dcpeter3

    BigPippin,
    You have indicated that adjacent main trend candles are “choppy.” Is that a sufficient reason not to trade or did you not trade because there were no valid entries?

  • bigpippin

    Good question. I didn’t trade because I didn’t find any entries. The 15 minute chart was so hectic looking, which is why I didn’t post it.