About Pip My System

Pip My System Author

Dude! So you've read just about everything you could possibly get your hands on about the Forex. Now you want to get your feet wet but aren't sure where to start. Well then this blog is for you! Follow along as I take a simple forex trading system and apply it to an unsimple market. If you're new to the blog you should read this first.

Cowabunga System FAQ

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August 2007

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Cowabunga System Daily Update: 08/17/07

If this is your first time visiting this blog, read this first!

Main Trend

Current Trend= The trend remained down the entire day

Today's Surf

11:15 am ET- This was a moving average crossover for a short trade. RSI was less than 50, stochastics was trending down, but MACD was already negative. This cancelled out the signal and I did not enter.

Entry: None
Stop: None
Initial Target: None

Trade Result: +0 pips

Questions? Read the Cowabunga FAQ.
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Archived Comments (1)

do you set limits on your trades? If you do how come you can reset your stops on a clean break and not suffer slippage? And if you dont have limits you will lose on a spike filling your target price? Or is there a method of filling your target and having an option of continuing your trade?

"Dream as if you'll live forever. Live as if you'll die today."
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