Cowabunga System Weekly Review: 01/29/07 - 02/02/07
This is the week in review for the Cowabunga system: January 29 - February 2, 2007
| Monday: | +32 |
| Tuesday: | +0 |
| Wednesday: | -13 |
| Thursday: | No trade |
| Friday: | +40 |
| Total: | +59 Pips |
Full Track Record
Related Posts:
- Cowabunga System Weekly Update: 02/19/07 - 02/23/07 11:46 24 February 2007
- Cowabunga System Weekly Review: 02/12/07 - 02/16/07 11:31 17 February 2007
- Cowabunga System Weekly Review: 02/05/07 - 02/09/07 11:00 10 February 2007
- Cowabunga System Weekly Recap: 01/22/07-01/26/07 22:21 27 January 2007
- Cowabunga System Weekly Review: 05/07/07 - 05/11/07 14:33 14 May 2007
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Forex Blog: Pip My System



Pacifier- I live by my alerts. Basically I just look at what trend I'm in from the 4hr chart and depending on which it is, I'll set alerts to notify me of a MA crossover (on the 15 min chart) in the direction of the current trend. Sometimes the signal will be false. And sometimes it's valid. I also set alerts to notify me if there is a trend change on the 4hr chart. I don't spend too much time on the charts unless I get an alert or the price is near my target and I'm watching the price action.
Ivan- If it hits my target, I'll watch it closely. I don't move my stop right away. I like to wait a little bit and just try to "feel" the market. Sometimes I'll move my stop too early and get stopped out. Other times I'll move it at the right time and catch more pips. It's an art, not a science, so you just have to keep working on it.