About Pip My System

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.

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Cowabunga System Daily Update: Tuesday, 01/13/09

Posted 12:39 13 January 2009 | 3

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

Main Trend

Current Trend= The trend remained down the entire day

Today I only looked for short trades.

News events to watch for today :

4:30am EDT- UK Trade Balance
8:00am EDT- Bernanke Speaks
8:30am EDT- US Trade Balance

Today's Surf

The Cable's momentum was so bearish today that there weren't even any crossovers!

Trade Result: +0 pips R-Multiple: N/A

News events to watch for tomorrow :

8:30am EDT- US Retail Sales

For a complete list of news events check out our News Section

Questions? Read the Cowabunga FAQ.

Want to discuss the Cowabunga System? Visit our Forums.

Cowabunga System Update: Thursday, 06/12/08 13:30 12 June 2008
Cowabunga System Daily Update: Wednesday 12/17/08 13:48 17 December 2008
Cowabunga System Daily Update: Tuesday, 12/16/08 12:59 16 December 2008
Cowabunga System Daily Update: Tuesday, 06/10/08 14:01 10 June 2008
Cowabunga System Daily Update: Wednesday, 01/04/09 14:00 14 January 2009

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hi pip surfer. first of all, thank you very much for your work! my question: what to do if a second real (following the 4h trend) crossover appears while i am still holding the trade from the first crossover that didn't hit target yet. did you experience anything significant in these scenarios over the time? e.g. are following crossovers a hint for the target to be hit more likely, so that it could be wise to put another order (on top of the first) - or maybe the opposite...?

hurtzi | Posted 13:41 13 January 2009

Hi Dude, Did you trade on 01/12/2009?

Hotdog | Posted 14:21 13 January 2009

Hi Pip surfer. Pity there were no trades looming for us yesterday (13th), but I was wondering if you were able to pick up any pips via breakouts. Due to market conditions I am using a combination of your method alongside of Nick B's scalp line method. I have traded successfully with both methods over the past few months (live). Just wondering if you have any alternative methods for GBP/USD? Regardless, I hope today (14th) will open some doors for us.

MaoriPip | Posted 16:18 13 January 2009

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