Trading Systems

We had a strong start with the Cowabunga system this month, netting over 100 pips this week! Lets see if we can continue this awesome momentum…

It was a nice day for the Cowabunga system with an 82 pip gain. See how it all went down…

5:30 am ET- There was a moving average crossover for a long trade. RSI>50, Stochastics were trending up, and MACD was negative and gaining value.

9:45 pm ET- There was a moving average crossover for a long trade. RSI>50, Stochastics were trending up, and MACD was negative and gaining value.

11:15 pm ET- There was a moving average crossover for a short trade. RS<>50, Stochastics were trending down, and MACD was positive and losing value.

4:15 am ET- There was a moving average crossover for a short trade. RSI<50, Stochastics were trending down, and MACD was positive and switched to negative.

Find out how the Cowabunga system held up in this last week of January…

7:45 pm ET- There was a moving average crossover for a long trade. RSI>50, Stochastics were trending up, and MACD was negative and gaining value.

The waves were choppy today and I couldn’t find any ones that I wanted to ride. I’ll have to wait until the waves are better duuuude…

8:15 pm ET- There was a moving average crossover for a long trade. RSI>50, Stochastics were trending up, and MACD was negative and gaining value…

1:00 pm ET- There was a moving average crossover for a long trade. RSI>50, Stochastics were trending up, and MACD was negative and gaining value…

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.

This is a recap of this past week’s trading for the Cowabunga System. We were fortunate enough to have a very good week! Hopefully we can finish the month out strong and continue this win streak.

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.

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.

6:15 pm ET-Cowabunga signal generated. RSI > 50, Stochastics trending up, and MACD was negative and gaining value. The entry was at 9819 with a stop at the most recent swing low which was at 9800.

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.

There was a Cowabunga signal at 6:15 am ET. The entry was at 9744 with a stop at the most recent swing low at 9718. Since the entry was near the 50 level (9750) I decided to target the same amount of pips I was risking which in this case was 26 pips.

This is the weekly recap of the Cowabunga System from January 15-19, 2007

After the consumer sentiment report there was a Cowabunga signal at 11:00 am ET. The entry was at the close of the candle which was at 9735 and the stop was at the most recent swing low which was at 9694.