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  #231 (permalink)  
Old 04-10-2008, 01:04 AM
 

Join Date: Jan 2008
Posts: 2
Default
Quote:
Originally Posted by AAD View Post
The 200 MA is not used on the 4h strategy but it doesn't hurt to use it but it might keep you out of many good/bad trades, I left it on the template but you can take it off if you want.

I've attached the template and .PDF explaining the OzFx SqueezeMore rules, you can also read more about the SqueezeMore strategy at the FF forum...
Thanks AAD. Just looking at some of the sample trades, most were entered when the AO hadn't changed colour yet, so I guess that's okay to do that as long as you are taking only trades going with the trend... and if the AO happens to confirm also, it just makes the signal stronger.
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  #232 (permalink)  
Old 04-16-2008, 02:12 PM
 

Join Date: Mar 2008
Posts: 1
Smile AC changes throughout day
Maybe this has already been discussed, but I have a big problem with this system, and that is the fact that the AC indicator changes throughout the day. For example, you may go long the EUR/USD on a AC crossover, and a few hours later it will show that it didn't cross over! How can you trade a system that way? The only way to to it would be to lag behind a day, right?
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  #233 (permalink)  
Old 04-16-2008, 04:06 PM
Sweet Pip's Avatar
Superior Master Contributor and Member
  

Join Date: Nov 2007
Location: BC, Canada
Posts: 747
Default
Quote:
Originally Posted by mikegriz View Post
Maybe this has already been discussed, but I have a big problem with this system, and that is the fact that the AC indicator changes throughout the day. For example, you may go long the EUR/USD on a AC crossover, and a few hours later it will show that it didn't cross over! How can you trade a system that way? The only way to to it would be to lag behind a day, right?
This is what I'm finding with ANY indicator in ANY system...even if you wait one more day (bar). On one hand if you wait, then you may get less pips, but on the other if it's a false signal, then you lose pips.

So when following any system's rules, the idea is to stick with the rules regardless as the laws of probabilities should work in your favor in the long run...."lose a few, win many".

Hope that helps
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  #234 (permalink)  
Old 04-16-2008, 11:37 PM
Senior Member
  

Join Date: Feb 2008
Location: Australia
Posts: 103
Smile Important Update!
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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  #235 (permalink)  
Old 04-17-2008, 06:46 AM
 

Join Date: Apr 2008
Posts: 2
Default
do i have to downlaod MT4,

i am demo trading with FXCM, they seem ok, i like their software, is your system compatible with them?

i tried to find the AC indicator on it but its n ot on here.
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  #236 (permalink)  
Old 04-27-2008, 09:27 PM
Senior Member
  

Join Date: Feb 2008
Location: Australia
Posts: 103
Smile Market Outlook: Apr' 28
Hello Friends,

Here are the trades from today:

1. Oz Special:
EUR/USD - Short

2. Daily Signals:
NZD/USD - Short
USD/JPY - Long
AUD/CAD - Short

3. AES Signals:
None

Cheers,
Oz
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  #237 (permalink)  
Old 04-28-2008, 09:13 PM
Senior Member
  

Join Date: Feb 2008
Location: Australia
Posts: 103
Default 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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  #238 (permalink)  
Old 04-29-2008, 05:31 AM
Senior Member
  

Join Date: Feb 2008
Location: Australia
Posts: 103
Smile Trade Update
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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  #239 (permalink)  
Old 04-29-2008, 06:27 AM
Bill Clinton's Avatar
Newbie
  

Join Date: Apr 2008
Posts: 13
Default
I just want to thank you for the system. I will test it out for the next few weeks to see how it works. Much appreciate your kindness and the kindness of the people in the forums.
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  #240 (permalink)  
Old 04-29-2008, 09:11 PM
Senior Member
  

Join Date: Feb 2008
Location: Australia
Posts: 103
Smile Market Outlook: Apr' 30
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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