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 Update- 01/05/07

Posted 22:56 07 January 2007 | Comments

Main Trend

Current Trend= Down

Only look for Short trades

Today's Surf

The Cowabunga produced a short signal at 6 AM ET on Friday. However, to follow my rules, I exited right before the NFP report for a 1 pip loss. The trade would've worked in our favor if we held onto it, but at that point, it's pretty much a gamble if you were still in the trade.