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: 05/08/07

Posted 15:35 08 May 2007 | 1

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

Main Trend

Current Trend= The trend remained up until 12pm ET. From 8am - 12pm ET, a new trend change candle formed and changed the trend from up to DOWN. After that, the trend remained down for the rest of the day.

Today I looked for long trades until 12pm ET. After 12pm ET, I only looked for short trades.

Today's Surf

Because of the new trend that formed, there were no signals generated today.

Trade Result: +0 pips ; R-Multiple= 0

Questions? Read the Cowabunga FAQ.

Want to discuss the Cowabunga System? Visit our Forums.

Cowabunga System Daily Update: 09/05/07 13:56 05 September 2007
Cowabunga System Daily Update: Monday, 10/08/07 14:00 08 October 2007
Cowabunga System Daily Update: 05/16/07 14:08 16 May 2007
Cowabunga System Daily Update: 03/26/07 15:05 26 March 2007
Cowabunga System Daily Update: 04/30/07 16:43 30 April 2007

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If you enter at the beginning of a move couldn't just ride the wave and use the retraces on the 15min to add to your position?

fxdiva | Posted 14:07 10 May 2007

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