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| Forex Laboratory Discussion forum for Forex traders. |
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Re: OzFx System :) 100-800 Pips Per Trade
Hello Friends,
We had an excellent start for this month. Though marred by slow market due to NFP we still manage to bank +350 Pips. We only took 4 trades last week and all 4 of them were successful. Some traders mentioned not getting filled on 2nd profit target for USD/CAD when we saw sudden price movement just after the news release. I can’t emphasize enough about trading with a good broker for same reason. All positions on my account and on managed accounts got filled easily. We have 4 open positions at this stage, all in green and currently we stand at 41/47 successful trades. Have a great weekend. Oz |
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Hello Friends,
Few days back I mentioned reconsidering 200SMA filter rule and now I am convinced that we can relax this rule a bit specially in times when most pairs are trending against the established trend. So here is what I recommend: 1. Wait for AC to cross “0″ line. 2. Go down to 4hr and 1hr to see if you still see AC and Stot in the same direction. 3. Risk less percent of equity for trades against the trend. I would welcome your ideas and thoughts on this. Cheers, Oz |
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Market Outlook: Apr' 29
Hello Friends,
Here are the trades for today: 1. Oz Special: None 2. Daily Signals: GBP/USD - Long 3. AES Signals: None Please note that there is holiday in Japan today. I am still holding all positions from yesterday: 1. Oz Special: EUR/USD - Short 2. Daily Signals: NZD/USD - Short USD/JPY - Long AUD/CAD - Short Cheers, Oz |
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Here the pips updates of trades from today and yesterday:
1. Oz Special: EUR/USD - Short First lot closed at +50 . Currently at +78 2. Daily Signals: NZD/USD - Short First lot closed at +50 . Currently at +71 USD/JPY - Long Currently at -41 AUD/CAD - Short Currently at -20 GBP/USD - Long Closed at -100 Cheers, Oz |
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Hello Friends,
Here are the trades for today: 1. Oz Special: EUR/CAD - Short (Stop Loss 130) CHF/JPY - Short 2. Daily Signals: None 3. AES Signals: None Previous Trade update: 1. Oz Special: EUR/USD - Short First lot closed at +50 . Currently at +48 2. Daily Signals: NZD/USD - Short Second lot closed at +100 . Currently at +95 USD/JPY - Long Closed at -100 AUD/CAD - Short Currently at -5 We will discuss the signals here. Cheers, Oz |
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Here the pips updates of trades from today and yesterday:
1. Oz Special: EUR/CAD - Short Second lot closed at +100 . Currently at +97 EUR/USD - Short Second lot closed at +100 . Currently at +85 CHF/JPY - Long Currently at -35 2. Daily Signals: NZD/USD - Short Second lot closed at +100 . Currently at +41 AUD/CAD - Short Currently at -11 |
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