Cowabunga System Daily Update: 04/10/07

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

Main Trend

Current Trend= The trend remained down until 8am ET. From 4am-8am ET a new trend change candle formed and changed the trend from down to UP.

I only looked for short trades until 8am ET. After 8am ET, I only looked for long trades.

Today’s Surf

3:45 am ET – There was a moving average crossover for a short trade. However, MACD was already negative so it cancelled out the signal. No trade!

Trade Result: +0 pips

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