Go Back   BabyPips.com Forex Forum > "The Holy Grails" > Free Forex Trading Systems
The Cowabunga System The Cowabunga System
Register FAQ Members List Calendar Search Today's Posts Mark Forums Read Chat Room
Free Forex Trading Systems Got the "Holy Grail" system? Want to share it for free and become everyone's hero? This is the place to do it. (No advertisers please!) Also, follow along as our very own Pip Surfer posts daily updates from his Cowabunga System in the Pip My System Forex Blog.

Welcome to the BabyPips.com forum!

You are currently viewing our boards as a guest which allows you to view the discussions, but prevents you from contributing. By joining our FREE community you will be able to do all of the following:

  • Post topics & responses to other discussions
  • Communicate privately with other members (PM)
  • Respond to polls
  • Upload content
  • Post comments on our blogs
  • Contribute on our Forexpedia

Registration is fast, simple and absolutely free so please, join our community today!

If you have any problems with the registration process or your account login, please contact us.


Reply
Page 20 of 71 « First < 101819 20 21223070 > Last »
 
LinkBack Thread Tools Display Modes
  #191 (permalink)  
Old 09-24-2007, 07:07 AM
Junior Member
  

Join Date: Jun 2007
Posts: 63
Default
GBP/USD and GBP/JPY lining up for a long - just need to wait for the current period's close, to make sure the signals stick.

Edit: GBP/USD would be my preference this time. Suits (my) money mngt better than what's potentially offered by GBP/JPY (this time)....notice the price action on GBP/JPY, looks more like a 123 pattern now on the 15min, the current candle may close as a 'Pin' - don't like it so will leave GBP/JPY alone this time for a more bullish setup....as I type, GBP/USD has turned more bearish and there's no ema cross upside, so time to sit aside and wait patiently for the next one.
Last edited by ChowClown; 09-24-2007 at 07:15 AM.
Reply With Quote
  #192 (permalink)  
Old 09-25-2007, 06:01 AM
Newbie
  

Join Date: Sep 2007
Posts: 11
Default
Hi tegasite,

As this is my first post you will have to have perhaps more patience than usual! I am so happy you made pips on your long position, however, was not the 4hour trend still down as indicated by the red "cowabunga" line? I thought the trend had to be up on the 4hour before going long? Have I got this all wrong? Anyway, it was a great result! Congrats!
Reply With Quote
  #193 (permalink)  
Old 09-25-2007, 07:10 AM
Junior Member
  

Join Date: Jun 2007
Posts: 63
Default
Short now on both Cable and GBP/JPY.
Attached Images
File Type: jpg Cowabunga T1 entry 25th Sept.jpg (78.5 KB, 70 views)
Reply With Quote
  #194 (permalink)  
Old 09-25-2007, 07:17 AM
Newbie
  

Join Date: Sep 2007
Posts: 11
Default
I agree. Only fly in the ointment is poss divergence in MACD, especially cable.
Reply With Quote
  #195 (permalink)  
Old 09-25-2007, 07:34 AM
Junior Member
  

Join Date: Jul 2007
Posts: 87
Default
At this point the cowabunga indicator does not work for me so I have been trading cowabunga mechanically
I forgot to post the H4 chart but i will do that with subsequent post that can be found on this thread:
Almighty GBP/JPY versus Cowabunga system

If you study the H4 chart you will observe an uptrend at that time............ you dont want to go aginst the main trend

Quote:
Originally Posted by cabletrader View Post
Hi tegasite,

As this is my first post you will have to have perhaps more patience than usual! I am so happy you made pips on your long position, however, was not the 4hour trend still down as indicated by the red "cowabunga" line? I thought the trend had to be up on the 4hour before going long? Have I got this all wrong? Anyway, it was a great result! Congrats!
Reply With Quote
  #196 (permalink)  
Old 09-25-2007, 07:38 AM
Junior Member
  

Join Date: Jul 2007
Posts: 87
Default
I had my trade open since yesterday but have not exit the trade yet but will make a post when done at the thread:
Almighty GBP/JPY versus Cowabunga system

watch out for lots of pips

Quote:
Originally Posted by ChowClown View Post
Short now on both Cable and GBP/JPY.
Reply With Quote
  #197 (permalink)  
Old 09-25-2007, 07:43 AM
Newbie
  

Join Date: Sep 2007
Posts: 11
Default
Short USD/JPY
Reply With Quote
  #198 (permalink)  
Old 09-25-2007, 07:47 AM
Junior Member
  

Join Date: Jun 2007
Posts: 63
Default
Profit taken on GBP/JPY at trendline - still forward testing that pair.
Attached Images
File Type: jpg Cowabunga T1 GY exit 25th Sept.jpg (78.5 KB, 57 views)
Reply With Quote
  #199 (permalink)  
Old 09-25-2007, 08:03 AM
tonymand's Avatar
FX-Men Honorary Member
  

Join Date: Jul 2007
Location: Perth, Western Australia
Posts: 1,304
Default
Quote:
Originally Posted by ChowClown View Post
Profit taken on GBP/JPY at trendline - still forward testing that pair.
Interesting Cowclown and Cabletrader with the use of other pairs. Are you still using the 4H for general direction only
Reply With Quote
  #200 (permalink)  
Old 09-25-2007, 08:04 AM
Junior Member
  

Join Date: Jul 2007
Posts: 87
Default
I am taking my profit on GBP/JPY at the support line 229.46 otherwise ride down to 228.40... still glued to my computer

Quote:
Originally Posted by ChowClown View Post
Profit taken on GBP/JPY at trendline - still forward testing that pair.
Reply With Quote
Reply
Page 20 of 71 « First < 101819 20 21223070 > Last »



« Previous Thread | Next Thread »
Thread Tools
Display Modes
Linear Mode Linear Mode

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On
Forum Jump


All times are GMT -4. The time now is 08:48 AM.
Content Relevant URLs by vBSEO 3.2.0
"Always listen to the experts. They'll tell you what can't be done and why. Then do it."
Robert Heinlein