The Cowabunga System

[BrianDuffer]

Does this really work? Reason I ask is because it keeps changing. If it worked, you wouldn't have to change. That's just logical. Does anybody make money with this on a consistent basis?

[bigjim1958]

Does anyone know if PipSurfer uses just the ema crossover on the 4 hr to determine a trend change, or does the candle change color because of the cross and then he looks to see if the other indicators change. Also, has anyone found a way other than X-tick to have candles change color or some other notification in MT4. thanks

Jim

[frontier2002]

Originally Posted by Paythepipper

Did the cowabunga system die?? Or did it not work too well? I have not seen anyone post in a while

Any system will fail if you have lack of discipline in using it. Every traders are looking for precision and most often they are trying hard to seek the right time when the market will move. Unfortunately time always tell nobody knows exactly when the market move until today.

[lanula]

Hi everybody,

I am completely new to the trading and I have been trying to practice cowabunga system.

Last week Instead of EMA indicators I have accidently used DEMA (doubleEMA) and while I was looking at the todays video I have realized that my main trend direction was long and his main trend was Short.

Now I am a little puzzled.

Shall I stay with DEMA or should I switch it to EMA?

THANKS
and happy trades...

P.S:The DEMA indicator seems to give good indication as well but it contradicts with the main trend of the creator of this system which worries me a little bit.

[Kinetical]

Hello!

I have attached my FIRST screenshot of my FIRST time testing the Cowabunga system! WOW! This thing is awesome!

I have circled the entry points in red and the exit points following in blue. Great system!

The exit points were created by when the Stoch lines began to change direction.

[Shell25]

Well if there can only be one person in this forum that deserves to be named the sexiest member and at the same time seems to have some good advises and an effective trading system, you have to be a god around here. Just kidding. Now my actual question here is about the alarm system, that seems to be for day traders like me, one of the most important benefits anybody can get with cowabunga trading system Xtick, but what happens as ybop said if you don’t get to check the alarm on time?, Does it mean you are screwed?. I also want to ask about the difference between Xtick and MT4 in terms of trading. Have a good one!!!

[chady250]

Hi everyone, I am interested in this trading system. I just opened a small Micro account to trade this system only. I have a question regarding it, does the system usually have a huge risk to reward ratio??? I noticed that on certain trades, we start by risking about 50 to 100+ pips to gain 30 or more.

Thanks
Chady

[phil838]

Hi Chady,

The system usually has more reward than risk, but because of the current economic condition the markets are a little funny right now. Remember you don't have to take every trade that the system offers you. If the ratio is out of wack you can always skip that trade and wait for the next.

If you look on Pip Surfer's blog he has stats for all of his trades in 2007 and the first half of 2008. They list the average win and loss for each month. In 2007 the average win was 46 and average loss was 25, which is a little less than a 2:1 win/loss ratio.

Phil

[chady250]

I see, that is very true, it just seems odd to risk 200 pips to gain 26ish pips on thursdays trade. I will begin trading the system later tonight but I believe I wil avoid any high risk situation such as last thursdays trade. Thanks for the advice by the way

Originally Posted by phil838

Hi Chady,

The system usually has more reward than risk, but because of the current economic condition the markets are a little funny right now. Remember you don't have to take every trade that the system offers you. If the ratio is out of wack you can always skip that trade and wait for the next.

If you look on Pip Surfer's blog he has stats for all of his trades in 2007 and the first half of 2008. They list the average win and loss for each month. In 2007 the average win was 46 and average loss was 25, which is a little less than a 2:1 win/loss ratio.

Phil

[martin01]

Originally Posted by phil838

Hi Chady,

The system usually has more reward than risk, but because of the current economic condition the markets are a little funny right now. Remember you don't have to take every trade that the system offers you. If the ratio is out of wack you can always skip that trade and wait for the next.

If you look on Pip Surfer's blog he has stats for all of his trades in 2007 and the first half of 2008. They list the average win and loss for each month. In 2007 the average win was 46 and average loss was 25, which is a little less than a 2:1 win/loss ratio.

Phil

Hello Phil,

Here you described about Cowabunga trading system. Here you have told about pips with same pips i am trading with AVAFX then what is different between Cowabuga and AVAFX.