Cowabunga System Update- 01/05/07

Main Trend

Current Trend= Down

Only look for Short trades

Today’s Surf

The Cowabunga produced a short signal at 6 AM ET on Friday. However, to follow my rules, I exited right before the NFP report for a 1 pip loss. The trade would’ve worked in our favor if we held onto it, but at that point, it’s pretty much a gamble if you were still in the trade.

Trade Result: -1 Pip