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
10:00 am ET- There was a moving average crossover for a long trade. RSI was greater than 50, stochastics were trending up, and MACD went from negative to positive. This was a valid entry. The entry was at the close of the candle which was at 9858 with a stop at the most recent swing low which was at 9836. Since I was 42 pips away from the nearest 00 level I set my target at 9900.
3:45 pm ET- I closed my trade out at the end of the day at 9842.
Trade Result: -16 pips ; R-Multiple= -0.72
Questions? Read the Cowabunga FAQ.
Want to discuss the Cowabunga System? Visit our Forums.
Related Posts:
- Cowabunga System Daily Update: 08/22/07 14:22 22 August 2007
- Cowabunga System Daily Update: 05/24/07 14:33 24 May 2007
- Cowabunga System Daily Update: 06/19/07 16:04 19 June 2007
- Cowabunga System Daily Update: 05/10/07 15:12 10 May 2007
- Cowabunga System Daily Update: 04/05/07 14:01 05 April 2007



