Cowabunga System Daily Update: Wednesday, 07/10/2013

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Main Trend

Current Trend

The trend was DOWN the entire day.

Today I only looked for short trades.

News events to watch for today :

Today’s Surf

5:15 and 8:30am EST– At these times there were moving average crossovers for a short trade. RSI was less than 50, stochastics were trending down, but MACD was already negative from the previous candles. This cancelled out the signal and I did not enter.

entry2

Trade Result: +0 pips R-Multiple: N/A

News events to watch for Thursday:

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  • Drakorus Fellwing

    Was a pretty flat day.