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  #11 (permalink)  
Old 05-11-2007, 11:20 PM
redrum redrum is offline
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Join Date: Dec 2006
Posts: 14
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I've been doing the fozzy on a live mini account for about a month now. I use the absolute orignal method with the bbands. I've found this to be a very good system.

My only gripe is when you get a cross candle, the market closes, everything looks good, you place an order, then the trade moves against you and then the rsi crosses again the opposite way. It doesn't happen all of that much but what it does do is create false "backtesting" results. You can go back through months of trades and most all will look good, but you can't tell on some of them if they double back quickly after open or not.

I give it a thumbs up though. I use the original method but I only take 10 pip profits on each trade so I even win on some of the trades that double back.
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