Hi Every body,
I’m so excited, I just did my first tread using Cowabunda astrategy.
I started a short tread in GBP/USD at 2.0576 at 5:30 EST, SL at 2.0600 TP at 2.0550. As price went down I moved the SL as Trailing stop at about 3 to 10 pips behind. And when price was close to 2.0550 I changed the TP to 2.0500. The tread was stoped by the SL at 2.0530. that means I earned 46 pips. Isn’t that great, for a first deal with the system?
Thaks,
Dafna.
Thankyou very much Tonymand.
Did you ever tried to run the cowabunda system with a 1h instead of 4h chart, as the long piriod? What’s the statistical line? Is it alot worser?
Cause I feel like missing alot of opertunities, till the 4h chart change trand.
Dont know. I dont actually trade Cowabunga but I do follow it and have the charts set up for interest