OzFx System :) 100-800 Pips Per Trade

[ramrocket]

Originally Posted by OzFx

That entry is based on AES. Google "aes ozfx" to read more.
For some reason the moderator doesn't like me posting links.

AO is same as AC only a little slower. Read AES to get better understanding


Cheers,
OzFx

Oz, I dont use MT4. Can you tell me what are the settings on your AO?

short MA = 5
long MA = 34
signal MA = 5

Is this correct? I can't tell on your pdf.

thanks,

[OzFx]

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

USD/CAD moved in our last night making us +50 pips. Later on it hit our SL
for the rest of the lots.

I also closed out our EUR/CHF at +20 since I didn't see much movement. I am
still holding USD/CHF which is close to BE.

Month Total: +270 Pips.
Previous Month: +1720 Pips

[OzFx]

Originally Posted by ramrocket

Oz, I dont use MT4. Can you tell me what are the settings on your AO?

short MA = 5
long MA = 34
signal MA = 5

Is this correct? I can't tell on your pdf.

thanks,

For some reason it doesn't say on MT4. Try using ODL for charts. It is free anyways.

[ramrocket]

Originally Posted by OzFx

For some reason it doesn't say on MT4. Try using ODL for charts. It is free anyways.

Oz, can you please post a couple of charts. I'd like to compare setups.

Here is my GBPUSD 2/11/2008 17:00. Does this chart setup looks correct?

thanks,

[tmg19103]

Hey OzFx!

Thanks so much for posting this. Looks very promising.

Question - when you say "Oppsite Buy/Sell signal" as your exit, what do you mean? What indicators exactly?

As I backtrack I see quite few examples where the stock goes up and down in a semi-circle. If you get out at the peek - the top of the semi-circle, you are golden. I guess you will still make money with the money management system, but once it drops from the peek of the semi-circle, it often goes down to your break-even. Sometimes this happens in a matter of a few days - a short period of time with a daily system.

What indicators should be looked for at the top of, say, an uptrend with this system (i.e. the opposite buy/sell signals you mention)? Once you are at the top of an up or down trend, it is either reversing or ranging, but I want to catch the reverse as close to the top of a buy or bottomof a sell as I can so I don't lose just about everything when it drops back towards break-even.

Thanks!

Tom

[OzFx]

Originally Posted by ramrocket

Oz, can you please post a couple of charts. I'd like to compare setups.

Here is my GBPUSD 2/11/2008 17:00. Does this chart setup looks correct?

thanks,

I would wait for AC to cross 0 line before going long. I've plenty of charts posted on my blog. Try n google "OzFx"


Cheers,
OzFx

[OzFx]

Originally Posted by tmg19103

Hey OzFx!

Thanks so much for posting this. Looks very promising.

Question - when you say "Oppsite Buy/Sell signal" as your exit, what do you mean? What indicators exactly?

As I backtrack I see quite few examples where the stock goes up and down in a semi-circle. If you get out at the peek - the top of the semi-circle, you are golden. I guess you will still make money with the money management system, but once it drops from the peek of the semi-circle, it often goes down to your break-even. Sometimes this happens in a matter of a few days - a short period of time with a daily system.

What indicators should be looked for at the top of, say, an uptrend with this system (i.e. the opposite buy/sell signals you mention)? Once you are at the top of an up or down trend, it is either reversing or ranging, but I want to catch the reverse as close to the top of a buy or bottomof a sell as I can so I don't lose just about everything when it drops back towards break-even.

Thanks!

Tom

Hi Tom,
When you are already in the trade then for exit you should look at opposite signal. For example a long signal will be negated when you see AC crossing 0 line below and stot also showing reversal.

Hope this helps.

Cheers,
OzFx

[tmg19103]

Originally Posted by OzFx

Hi Tom,
When you are already in the trade then for exit you should look at opposite signal. For example a long signal will be negated when you see AC crossing 0 line below and stot also showing reversal.

Hope this helps.

Cheers,
OzFx

Thanks! Also, are you using Metatrader 4? I'm in the U.S. and the MT4 download I have does not have AUD and NZD currency pairs. I actually trade through forex.com and they have these pairs to trade, but their charts won't overlay AC and Stoch and don't even have Williams and AC. I prefer MT4 for charting, just wish I had the major and cross AUD and NZD pairs.

Do you, or does anyone, know of a MT4 download demo through a broker that has AUD and NZD pairs?

Mucho appreciated if anyone can help with that!

[Summerpip]

You can try Alpari (UK).

[OzFx]

Originally Posted by tmg19103

Thanks! Also, are you using Metatrader 4? I'm in the U.S. and the MT4 download I have does not have AUD and NZD currency pairs. I actually trade through forex.com and they have these pairs to trade, but their charts won't overlay AC and Stoch and don't even have Williams and AC. I prefer MT4 for charting, just wish I had the major and cross AUD and NZD pairs.

Do you, or does anyone, know of a MT4 download demo through a broker that has AUD and NZD pairs?

Mucho appreciated if anyone can help with that!

I use and recommend ODL demo for charting.