Almighty GBP/JPY versus Cowabunga system

[markmilo1115]

Hi tegasite.

I have been reading this post and found it quite interesting as I myself love to trade the GBP/JPY pair.

My question is as I could not find an answer anywhere, could you please list exactly which indicators you use and how entry/exit is decided? I am curious to test out this system.

Thanks,
Mark

[20pips]

I'm also trading this pair (live trade). Incorporating Cowabunga makes me rake in more pips. Thanks to Cowabunga!

[n_aftab]

Hi,

Just a couple of questions for you on this, whats your win loss ratio?
and
Whats your risk to reward ratio?

and is anybody trading this live?

Thanks

Naeem

[andyk]

I trade this pair using the standard settings on the indicator, which is posted on another thread. It tend to do OK but I have had 6 in a row wrong in backtesting. I guess any system will do this though. Nice short signal today (2 of them)

[n_aftab]

this would have caught a massive move today!

[xfiles13]

Originally Posted by tegasite

There are just little changes made:
14 RSI
4 and 8 EMA
I think thats all

Hi Tegasite

I am new to this forum and would like to ask a few questions?

Original cowabunga system use 9 RSI and 5 - 10 EMA and your modification system use 14 RSI and 4 - 8 EMA.
Is there any reason why you use it?

Do you apply the 14 RSI and 4-8 EMA on both time frames (4 hours and 15 minutes)?

Thank you

[ocleo]

Hi there,

Finally finished reading all the posts. Thanks for selflessly sharing your method Tega.

Just wondering, any updates on the live mentoring/trading sessions? That way, we certainly could learn much faster as to why trades were taken or not taken etc.

Thanks again for the sharing. We need more people like you to help the newbies through the not so kind world of forex learning.

[john_tse]

Hi, is anyone still trading this system?

Regards.