OzFx System :)

[Kauri]

But, what's going on with the other trades Fx? Are you still in, out, and what's the % against each? Cheers, kennas

Old trades are already closed. I don't have any open trades. I will send an email alert if I enter any 4hr Squeeze-More trades.

Hey Kennas,
How is it that you are lucky enough to be on his Email alert list... ..
Cheers
............Kauri

 

[prawn_86]

Seems to me as though you either dont know what you are doing, or are only highlighting your good trades.

You never said previously that your trades were closed, and you also said that despite being -ve in pip amount you still came out +ve because of position size, which of course you didnt disclose when you said you were entering the trades.

Full disclosure is needed otherwise it seems like a waste of time...

 

[Sean K]

Hey Kennas,
How is it that you are lucky enough to be on his Email alert list... ..
Cheers
............Kauri

I get them for free as a prize I won as part of a stockmarket game on the back of the cereal box. Amazing what sort of prizes they offer on the back of Wheaties here in Lima!

 

[OzFx]

Seems to me as though you either dont know what you are doing, or are only highlighting your good trades.

You never said previously that your trades were closed, and you also said that despite being -ve in pip amount you still came out +ve because of position size, which of course you didnt disclose when you said you were entering the trades.

Full disclosure is needed otherwise it seems like a waste of time...

Yeah you are right. I usually don't mention what % I've entered on my personal account, I let everyone make their own decisions. When you asked me I told you exactly what I did and what was the end result.

 

[prawn_86]

Yeah you are right. I usually don't mention what % I've entered on my personal account, I let everyone make their own decisions. When you asked me I told you exactly what I did and what was the end result.

So then if you do not disclose your position sizes you cannot say that a day with overall -ve pips turned a profit.

You cant have it both ways...

 

[theasxgorilla]

Re: Market Outlook: Apr' 15

Though pips looks overall -ve, I end in profit since I had different % risk for each trade.

Do you define this position sizing anywhere so that others may emulate? Or is it likely that someone else following these trades would be in the red by now?

 

[nahman]

Recently went long on the AUD/USD early this morning, at 0.9279 - stop loss 0.9265, needless to say support at 0.9270 & closed 0.9338. I closed early wanted to sleep . Resistance is at the 0.9400 mark, my safest bet limit sell at 0.9360.

Ive only been doing this about a month, still learning about doji, flags, triangles etc any pointers appreciated.

 

[OzFx]

Market Outlook: May' 01

Hello Friends,

I don't see any good trades. Also due to "May Day" holiday I would recommend not to trade today. Later I'll send an email with updated open and closed positions.

Cheers,
Oz

 

[OzFx]

Trade Update

Here the pips updates of trades from today and yesterday:

1. Oz Special:
EUR/CAD - Short
Third lot closed at +150 . Currently at +90

CHF/JPY - Long
First lot closed at +50 . Currently at +48

EUR/USD - Short
Second lot closed at +100 . Rest of the lots closed at BE.

2. Daily Signals:
NZD/USD - Short
Second lot closed at +100 . Rest of the lots closed at BE.

AUD/CAD - Short
Closed at -100

Cheers,
Oz

 

[wayneL]

Re: Trade Update

Here the pips updates of trades from today and yesterday:

1. Oz Special:
EUR/CAD - Short
Third lot closed at +150 . Currently at +90

CHF/JPY - Long
First lot closed at +50 . Currently at +48

EUR/USD - Short
Second lot closed at +100 . Rest of the lots closed at BE.

2. Daily Signals:
NZD/USD - Short
Second lot closed at +100 . Rest of the lots closed at BE.

AUD/CAD - Short
Closed at -100

Cheers,
Oz

Posting "hindsight" trades is strongly discouraged.

There is no objection to posting trade results, providing that the entries are posted in real time (i.e. shortly after making the trade) not a day later when there is a profit showing

 

[theasxgorilla]

Re: Market Outlook: Apr' 15

Do you define this position sizing anywhere so that others may emulate? Or is it likely that someone else following these trades would be in the red by now?

In addition, you never answered my question?

 

[OzFx]

Market Outlook: May' 05

Hello Friends,

Japan and London markets will be closed today due to holidays in both countries. I would recommend not to take any trades. Remember we don't have to trade for the sake of trading.

1. United Kingdom-----May Day Bank Holiday-----05 May 2008
2. Japan-----Children’s Day-----05 May 2008

Upcoming Holidays:

1. Canada-----Victoria Day-----19 May 2008
2. United Kingdom-----Spring Bank Holiday-----26 May 2008
3. USA-----Memorial Day-----26 May 2008

Cheers,
Oz

 

[OzFx]

Re: Market Outlook: Apr' 15

Do you define this position sizing anywhere so that others may emulate? Or is it likely that someone else following these trades would be in the red by now?

I recommend to risk not more than 3% on each trade and overall 9% at one time. When giving out signals I usually don't advise what %, I'll leave that to individual to decide.

 

[OzFx]

Re: Trade Update

Posting "hindsight" trades is strongly discouraged.

There is no objection to posting trade results, providing that the entries are posted in real time (i.e. shortly after making the trade) not a day later when there is a profit showing

I completely understand your point. From now on you will see my signals posted in each morning in real time and results posted later on.

For the results above all signals were posted (in real time) on my blog and more than 5000 people were notified via email.