Cowabunga System Daily Update: 03/27/07
If this is your first time visiting this blog, read this first!
Main Trend
Current Trend= The trend remained up the entire day
Today I only looked for long trades.
Today's Surf
8:00 am ET - There was a moving average crossover for a long trade. RSI was greater than 50, stochastics were trending up, and MACD was negative and gaining value. This was a valid entry. The entry was at the close of the candle which was at 9653 with a stop at the most recent swing low which was at 9627. Since I was 47 pips away from the nearest 50 level I decided to set my target at 9700.
4:00 pm ET - My target was not hit and I manually closed out my trade. I exited at 9657.
Trade Result: +4 pips ; R-Multiple= 0.15
Questions? Read the Cowabunga FAQ.
Want to discuss the Cowabunga System? Visit our Forums.
Related Posts:
- Cowabunga System Daily Update: 03/28/07 15:55 28 March 2007
- Cowabunga System Daily Update: 04/16/07 17:37 16 April 2007
- Cowabunga System Daily Update: 07/19/07 21:50 19 July 2007
- Cowabunga System Daily Update: 06/19/07 16:04 19 June 2007
- Cowabunga System Daily Update: 06/21/07 16:50 21 June 2007
Forex Blog: Pip My System



