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- January 4, 2007

Posted 20:38 04 January 2007 | Comments

Main Trend

Current Trend= Down

Only look for Short trades

Today's Surf

The Cowabunga produced a short signal late last night at 11:45 ET. RSI was less than 50, Stochastics was heading down, and MACD was positive and starting to lose momentum. I entered at 9511 with a stop at the most recent swing high which was at 9530.

I exited my trade at 9400 because it was a 00 level. You could've also exited at 9450. I felt like there was still momentum even after the pair hit 9450 which is why I decided to adjust my stop and go for 9400.

Trade Result: +111 Pips

Currently 4/5
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Rating: 4/5 (1 votes cast)

Cowabunga System Daily Update: 02/13/07 13:47 13 February 2007
Cowabunga System Daily Update: 03/19/07 15:25 19 March 2007
Cowabunga System Update- 01/11/07 19:37 11 January 2007
Cowabunga System Daily Update: 02/19/07 14:28 19 February 2007
Cowabunga System Daily Update: 03/28/07 15:55 28 March 2007

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blog comments powered by Disqus

Hi,

I am new to the forum. Hope my question is accepted here.
I am trying to impliment the cowabunga system on metatrader.
Is there a way to change meta to EST?
System looks interesting. Thanks for your info.

Mike

trader101 | Posted 22:51 04 January 2007

Unfortunately, there is no way to change Metatrader to EST. At least not that I know of.

bigpippin | Posted 23:14 04 January 2007

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