Cowabunga System pulls in +20 pips

Main Trend

Current Trend= Up

Today’s trend was up and and I only looked for long trades.

Today’s Surf

The Cowabunga system had a long signal at 10:45 pm ET last night. The entry was at 9444 with a stop at 9425. Since the entry was right below the 50 level, I decided to go for the same amount of pips I was risking, which in this case was 19 pips. I rounded up and set my target for +20 pips at 9464, which was hit at 11:45 pm ET. I know I missed alot of that move during the Cable rally but my trade occurred before midnight so I was being extra careful. I also didn’t re-enter because although I did see more moving average crossovers, my MACD was already positive and that doesn’t fit into my trading rules.

Trade Result: +20 Pips

  • msimek

    Hi, I have question:
    Why is opened position after 4PM ET?
    Cowabunga system rules says opened position: 12AM – 4PM ET.
    Thank you.

  • msimek

    Hi, I have question:
    Why is opened position after 4PM ET?
    Cowabunga system rules says opened position: 12AM – 4PM ET.
    Thank you.