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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Cowabunga System Daily Update: Thursday, 09/10/09

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

Main Trend

Current Trend

The trend stayed up the entire day.

Today I only looked for long trades.

News events to watch for today :

  • 7:00am EST- UK Official Bank Rate
  • 8:30am EST- US Trade Balance; Unemployment claims

Today's Surf

6:45am EST- There was a valid signal here but because it was before news, I did not enter.

entry2

Trade Result: +0 pips (NOT INCLUDING SPREAD) R-Multiple: N/A

News events to watch for tomorrow:

  • 4:30am EST- UK PPI Input m/m
  • 8:30am EST- US Import Prices m/m
  • 9:55am EST- US Prelim UoM Consumer Sentiment

For a complete list of news events check out our Forex Economic Calendar.
Questions? Read the Cowabunga FAQ.
Want to discuss the Cowabunga System? Visit our Forex Forums.

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Archived Comments (4)

Hey pipsurfer, just wanted to ask, if the close of a news candle happens to be an entry signal do you take it? Thanks.

Would you consider entering before news but place a tight stop loss? By doing this you could have rode the wave of todays price move after the news.

Several times you have commented on another babypip site that you use. It sounds like you are saying mepips.com, but it's not very clear in the video audio. What is the site link?
Thanks

I found the answer, it's meetpips.com.

"If we all did things we are capable of doing, we would literally astound ourselves."
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