Saturday, March 5, 2011

Cowabunga System Daily Update

Current Trend

The trend was up until 3am EST. From 11pm - 3am EST, a new trend change candle formed and changed the trend from up to DOWN. After 3am EST, the trend remained down the rest of the day.
Today I only looked for long trades until 3am EST. After 3am EST, I only looked for short trades.

Today's Surf

5:45am EST- There was a valid signal here but because it was right before a news event I did not enter.
10:00am EST- There was a valid signal here but because it was a news candle I did not enter.

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