We have completed a high cadence photometric monitoring survey of the young, open cluster NGC 2362. Observations were made with the Mosaic II imager on the 4m Blanco telescope at CTIO during 16 nights from February 2005 to January 2006. The youth (~ 5 Myr) and richness (~ 600 cluster members down to M = 0.04Msun) of NGC 2362 make it ideal for a monitoring campaign. The detection of a planet around a young star would provide important constraints for planetary formation mechanisms, migration timescales and dynamical evolution, and their relation to disk lifetimes and clearing timescales (Bodenheimer & Lin 2002). One of the major sources of variability in our lightcurves is the rotation of spots on the surface of the star, which contaminate any occultation search results. We detect rotational modulation in a significant fraction, ~ 40%, of the observed cluster members, which we remove from the lightcurves. We then perform a search for transits (Aigrain & Irwin 2004) and identify 12 eclipsing candidates, a few of which could be caused by planetary companions. We present the candidate eclipsing systems and discuss plans for further photometric and spectroscopic follow-up. Finally, we discuss continuing work to compare our results with predictions from the simulations of Aigrain et al. (2006).