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  #281 (permalink)  
Old 05-21-2008, 12:10 PM
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I think this is a stupid question, but won't hurt to ask - are we supposed to wait until we reach +50 pips to close one lot? I woke up this morning and EURUSD was at +125, so I Took Profit on the 1st and 2nd lots like you said...hope this is OK.
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  #282 (permalink)  
Old 05-21-2008, 09:10 PM
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Join Date: Feb 2008
Location: Australia
Posts: 103
Smile Market Outlook: May' 22
Hello Friends,

Here are the free forex signals for today:

1. Oz Special:
USD/CHF - Short

2. Daily Signal:
None

3. AES Signal:
NZD/JPY - Short

Entry price is as per ODL FX Demo MT4. For TP and SL please read here.
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  #283 (permalink)  
Old 05-21-2008, 09:39 PM
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Can someone please tell me what the Oz Special is?

1. Oz Special:
USD/CHF - Short

Also, for the 2nd lot with a take profit at 100 pips, does that mean 100 pips total (ie, an additional 50 pips away from where I took profit on the 1st lot for a total of 100 pips profit?)

TIA!
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  #284 (permalink)  
Old 05-22-2008, 01:12 AM
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Is there any way to automate at least some of the MM? I'm never home so I can't check if pips have hit 50 yet.

Would a pending order for 50 pips work?

bnb - Yep
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  #285 (permalink)  
Old 05-22-2008, 01:53 AM
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Quote:
Originally Posted by bnbb2004 View Post
Can someone please tell me what the Oz Special is?

1. Oz Special:
USD/CHF - Short

Also, for the 2nd lot with a take profit at 100 pips, does that mean 100 pips total (ie, an additional 50 pips away from where I took profit on the 1st lot for a total of 100 pips profit?)

TIA!
Visit Forex System Revealed | OzFx Forex System for more details.
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  #286 (permalink)  
Old 05-22-2008, 02:24 AM
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cadarkitek,

i think i have read everything on that site, but i'm still not finding what the "oz special" is (i maybe overlooking it)...if someone could pls provide a brief explanation, it would be greatly appreciated.
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  #287 (permalink)  
Old 05-22-2008, 06:22 AM
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Join Date: Feb 2008
Location: Australia
Posts: 103
Smile Trade Update
Hello Friends,

We are having a good run lately and here is the update from recent trades.

1. Oz Special:

EUR/USD - Long
Third lot closed at +150.

CHF/JPY - Short
Fourth lot closed at +200. Last lot closed at BE.

USD/CHF
Currently at -35

2. Daily Signal:

EUR/CHF - Short
First lot closed at +50.

GBP/CHF - Short
Fourth lot closed at +200. Still holding the last lot.

AUD/JPY - Long
Second lot closed at +100.

3. AES Signal:

EUR/CHF - Long
First lot closed at +50. Rest of the lots closed at BE.

NZD/JPY - Short
Closed at -100


Regards
OzFx
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  #288 (permalink)  
Old 05-22-2008, 09:08 PM
Senior Member
  

Join Date: Feb 2008
Location: Australia
Posts: 103
Smile Market Outlook: May' 23
Hello Friends,

Here are the free forex signals for today:

1. Oz Special:
USD/CHF - Short
GBP/USD - Long

2. Daily Signal:
None

3. AES Signal:
None

Entry price is as per ODL FX Demo MT4. For TP and SL please read here.
We will discuss the signals here.
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  #289 (permalink)  
Old 05-25-2008, 09:00 PM
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Join Date: Feb 2008
Location: Australia
Posts: 103
Smile Market Outlook: May' 26
Hello Friends,


I’ll advise to stay away from taking any new trades today. The reason primarily due to holiday in US and UK.


1. USA: Memorial Day
2. United Kingdom: Spring Bank Holiday


Please read the FAQ and learn how to use the signals here.


Cheers,
Oz
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  #290 (permalink)  
Old 05-25-2008, 09:57 PM
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Oz, can you explain the logic behind your money management? It says that you break even on step 2, but how does that happen? Maybe I'm just being stupid but I can't figure it out

Thanks
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