The Cowabunga System

[cosgrove]

Maybe the surfer is on vacation, or something else more important in his life happened. Maybe we're going to see another change of identities with who keeps updating the cowabunga system trades?

[trian]

It just happen 2 days ago i read (enter) baby pip school ... and just for today i try the COWABUNGA "so easy hard to believe" system ... enter market 4 times (with those simple signal) ... and all hits ... wow ....

i guess i'll report again after a week ...

"try focus guys"

.....

[nitap]

Can someone please educate me as to what cowabunga is. I'm a newbie and still learning every aspect of forex. Thank you.

[joselb]

Anyone has used the original method posted in "school" doing swing trading in daily chart?

[metalhawk]

Originally Posted by nitap

Can someone please educate me as to what cowabunga is. I'm a newbie and still learning every aspect of forex. Thank you.

A look at the very first post of this thread should answer your question.

[djlucas]

I have a quick question. For the Stochastics in the cowabunga system. I know it is set to 10,3,3 but do you use the Stochastics fast or the slow. Could someone let me know.

thanks,

[cryten]

I'm pretty sure it's slow stochs

[maccer07]

Hi all,
I have finished the school and want to implement what I have learned so I want to learn thwe cowabunga system.I understand the system but what software packages do you guys use?I have installed about 15 and I can't get all of the following in 1 package;4 hr chart and enough historical data on the 15min chart.Does anyone know of a free charting package that allows me to create 4hr and 15min charts which start from april or may so I can learn the system properly by looking at old posts??Otherwise I will use FXCM for the 15min chart and use metatrader for the 4hr chart!
Thanks for any responses

[xrbor]

Hi,
I am just wondering if it would be possible to use the 1 HR chart to determine the main trend direction...IS there anybody who tried that? What do you think? Would it give too many false signals? And what about if we also lower our profit target?
Thanks!
All the best, xrbor.

[ajayrana77]

Originally Posted by xrbor

Hi,
I am just wondering if it would be possible to use the 1 HR chart to determine the main trend direction...IS there anybody who tried that? What do you think? Would it give too many false signals? And what about if we also lower our profit target?
Thanks!
All the best, xrbor.

Hi Xrbor !

I have tried it with 1 Hr Chart and u will definetly get many changes in trend.Probably 2 hr is the next bet.

As far as the question of lower profits is concerned it won't justify the risk reward ratio and u will find that many times it is as low as 1:1 with stop loss.lowering it further might give u 2-3 profits but one bad trade will equals the previous 2-3 good trades.
My thoughts !