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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November 2007

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Archives

Cowabunga System Week End Review: 11/05/07 - 11/09/07

This is the week end review for the Cowabunga system: Nov. 5-9, 2007

Monday: No trades
Tuesday: +28
Wednesday: +142
Thursday: +40
Friday: +34
Total: +244 pips

Total for the month of November: +244 pips

Full Track Record

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Archived Comments (2)

I've heard you say that this system is best suited to GPB/USD, and only during the session that you trade. Can you flesh that out a little more? For instance, what attributes of GPB/USD can you put a finger on that make it sympathetic to the Cowabunga system? Same question for the trading session; being a short-term system, is it more suited for moderate volitility sessions only? Are there any other pair/session combinations that you can think of that lend itself to this system? Thanks in advance!

If I may I would like to make the following suggestions :

1. When the signal candle is an engulfing candle wait for price to come back to the opening price of this candle.

2. Using Parabolic S.A.R. on 15 minute chart as exit.

Regards.

"Problems are only opportunities dressed in work clothes."
Henry Kaiser
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