OzFx System :) 100-800 Pips Per Trade

[Sweet Pip]

HI OZFX,

I like the simplicity of this system and am curious to find out if it might fit my lifestyle better. I've been watching the charts too much if you know what I mean, although I tell my family it's just the learning curve part and won't last forever...or will it? .

So to help myself backtest this to find out, I'm in the middle of creating an MT4 EA for this. I've never done one before but it seems like an easy system to code, and to sink my "baby" teeth into while learning the language.

I am getting some test results and so far it is profitable. I have some more tweaking and condition logic debugging to do but it's keeps getting better and I can easily test it on all pairs. Currently trying to figure out how to program for the MM but for now just using one s/l, t/s, t/p level for all lots.

Will hopefully upload a results report in a few days.

[CyberG]

I am beginning to learn something..hahahhaha...and guess what? I did 2 trades with this method, going short on the EURJPY and I made a profit of 9.32 and 0.66. I am excited because this time I am not looking at any other thing but just trying to use the information you provided in your setup. I am gonna keep trying to be sure I am able to understand you all entirely and this trades are not a fluke for me.

Okay so my question is: I am still not able to understand how to easily use the 200SMA which I believe it is the straight horizontal line drawn across the price action window in the trade. Am I correct?

Can the system send an email to me or alert me?

Thanks and I am still new at this in case my questions are too elementary but I will keep learning.

[walkonwallstreet]

Originally Posted by CyberG

I am beginning to learn something..hahahhaha...and guess what? I did 2 trades with this method, going short on the EURJPY and I made a profit of 9.32 and 0.66. I am excited because this time I am not looking at any other thing but just trying to use the information you provided in your setup. I am gonna keep trying to be sure I am able to understand you all entirely and this trades are not a fluke for me.

Okay so my question is: I am still not able to understand how to easily use the 200SMA which I believe it is the straight horizontal line drawn across the price action window in the trade. Am I correct?

Can the system send an email to me or alert me?

Thanks and I am still new at this in case my questions are too elementary but I will keep learning.

when prices are below 200SMA, you could only look for short entry to enter.

[OzFx]

OzFx Daily Method PIP Update
-----------------------------

First lot of EUR/JPY closed for +50. Move SL to BE.

[OzFx]

Originally Posted by CyberG

Can the system send an email to me or alert me?

Thanks and I am still new at this in case my questions are too elementary but I will keep learning.

I am not too sure if there is such system. however you can check my blog and register for daily signals.

[OzFx]

Originally Posted by Sweet Pip

HI OZFX,

I like the simplicity of this system and am curious to find out if it might fit my lifestyle better. I've been watching the charts too much if you know what I mean, although I tell my family it's just the learning curve part and won't last forever...or will it? .

So to help myself backtest this to find out, I'm in the middle of creating an MT4 EA for this. I've never done one before but it seems like an easy system to code, and to sink my "baby" teeth into while learning the language.

I am getting some test results and so far it is profitable. I have some more tweaking and condition logic debugging to do but it's keeps getting better and I can easily test it on all pairs. Currently trying to figure out how to program for the MM but for now just using one s/l, t/s, t/p level for all lots.

Will hopefully upload a results report in a few days.

Thanks for taking to write EA. Let us know how you go. I'll be looking forward to hear from you.

Cheers,
OzFx

[OzFx]

Originally Posted by walkonwallstreet

ozfx, thanks for your system... i will give a try for the next few weeks...

just one questions, what is the best currency pair for you to trade? EUR/JPY and why?

once again, thank you!

EuR/JPY was just an example. You can trade on any pair you like.

Cheers,
Oz

[OzFx]

Originally Posted by polishpip

well so far so good, im impressed. Im up 200 pips on the first trade.

And where is your blog??

Cheers!

Good to hear my friend. You can Google "ozfx". Some how the moderator doesn't like me to post links here

[Pips pursuer]

Hi OzFx, thanks for your system, Im just wondering how I can set up Stoch on top of AC? I know I can use your template but if I do that, I cant seem to add any more indicators on the chart..

[OzFx]

Originally Posted by Pips pursuer

Hi OzFx, thanks for your system, Im just wondering how I can set up Stoch on top of AC? I know I can use your template but if I do that, I cant seem to add any more indicators on the chart..

You can simply use the template provided on my blog or click on navigator->indicators-> locate stot and click hold drag on top of AC.

Cheers,
OzFx