Cowabunga System Daily Update: 02/02/07
7:45 pm ET- There was a moving average crossover for a long trade. RSI>50, Stochastics were trending up, and MACD was negative and gaining value.
Read More7:45 pm ET- There was a moving average crossover for a long trade. RSI>50, Stochastics were trending up, and MACD was negative and gaining value.
Read MoreThe waves were choppy today and I couldn’t find any ones that I wanted to ride. I’ll have to wait until the waves are better duuuude…
Read More8:15 pm ET- There was a moving average crossover for a long trade. RSI>50, Stochastics were trending up, and MACD was negative and gaining value…
Read More1:00 pm ET- There was a moving average crossover for a long trade. RSI>50, Stochastics were trending up, and MACD was negative and gaining value…
Read More7:00 pm ET-There was a moving average crossover for a short trade. RSI<50, Stochastics were trending down, and MACD was positive and losing value. This is a valid entry. Entry was at the close of the candle which was at 9582 with a stop at the most recent swing high which was at 9613.
Read MoreThis is a recap of this past week’s trading for the Cowabunga System. We were fortunate enough to have a very good week! Hopefully we can finish the month out strong and continue this win streak.
Read More3:00 am ET- There was a moving average crossover for a short trade. RSI<50, Stochastics were trending down, and MACD was positive and losing value. This is a valid entry. Entry was at the close of the candle which was at 9633 with a stop at the most recent swing high which was at 9679.
Read More5:00 am ET- There is a moving average crossover for a short trade. RSI<50, Stochastics are trending down, and MACD is positive while losing value. This is a valid entry. Entry was at the close of the candle which was at 9683 with a stop at the most recent swing high which was at 9733.
Read More6:15 pm ET-Cowabunga signal generated. RSI > 50, Stochastics trending up, and MACD was negative and gaining value. The entry was at 9819 with a stop at the most recent swing low which was at 9800.
Read More6:30 pm ET-Cowabunga signal generated. RSI > 50, Stochastics trending up, and MACD went from negative to positive. Entry was at 9764 with a stop at the most recent swing low which was 9750. Normally, I would target 9800 in this case since the entry was a good distance away from a 00 or 50 level.
Read MoreThe discipline of writing something down is the first step toward making it happen.Lee Iacocca