Pip Surfer

Pip Surfer

Follow along as I take a simple forex trading system and apply it to an unsimple market. If you're new, you should read the Cowabunga System FAQ.

Articles by Pip Surfer

Cowabunga System Daily Update: 01/29/07

7:00 pm ET-There was a moving average crossover for a short trade. RSI<50, Stochastics were trending down, and MACD was positive and losing value. This is a valid entry. Entry was at the close of the candle which was at 9582 with a stop at the most recent swing high which was at 9613.

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Cowabunga System Daily Update: 01/26/07

3:00 am ET- There was a moving average crossover for a short trade. RSI<50, Stochastics were trending down, and MACD was positive and losing value. This is a valid entry. Entry was at the close of the candle which was at 9633 with a stop at the most recent swing high which was at 9679.

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Cowabunga System Daily Update: 01/25/07

5:00 am ET- There is a moving average crossover for a short trade. RSI<50, Stochastics are trending down, and MACD is positive while losing value. This is a valid entry. Entry was at the close of the candle which was at 9683 with a stop at the most recent swing high which was at 9733.

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Cowabunga System Daily Update: 01/23/07

6:30 pm ET-Cowabunga signal generated. RSI > 50, Stochastics trending up, and MACD went from negative to positive. Entry was at 9764 with a stop at the most recent swing low which was 9750. Normally, I would target 9800 in this case since the entry was a good distance away from a 00 or 50 level.

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The discipline of writing something down is the first step toward making it happen.Lee Iacocca