OzFx System :)

[prawn_86]

Nice (if true). But fairly useless information unless put in the context of the number and scale of losers.

Yeh a breakdown of average win/loss, number of trades, RR etc etc would be nice

Man, im starting to sound like a techie... time to go back to my fundy roots

 

[IFocus]

OZFx nice fishing expedition

Why use a demo account?

OK whats the real price?

The old question if its so good why don't you just hammer it and make Zillions?

Trading a few years Hmmmmm?

Psychology 101 seen you before..........many times, one day I will get it wrong but haven't so far in 8 years..... may be this time is different......

 

[tayser]

How was the swap when you shorted both AUD/JPY and NZD/JPY? aieeeeee! (hope you're not executing on EFX!)

 

[>Apocalypto<]

Yeh a breakdown of average win/loss, number of trades, RR etc etc would be nice

Man, im starting to sound like a techie... time to go back to my fundy roots

LOL Prawn don't u follow Linuxtrolls scalping! I think u are quite the techie already!

 

[prawn_86]

LOL Prawn don't u follow Linuxtrolls scalping! I think u are quite the techie already!

Yeh, but not as succesfully as I would like yet...

 

[professor_frink]

I haven't tested any EAs as I still like doing things manually.

See the attached Sample trades file.

Cheers,
Oz
P.S. Is there anyway I can attach this file to first post?

Nice cherrypicking of trades there. It's interesting to note that they all occur recently when the markets have been nice and volatile. And even then the amount you claimed the trades to have moved in your favour is pretty unreasonable in some of them like Kauri pointed out earlier.

Personally I'd be pretty surprised if you even trade this method,though would be happy to see you prove us wrong and log a few of your trades live on the thread- all seems pretty unreasonable to me. So how much does it cost for you to provide us with your signal service(or whatever it is your trying to get out of this)??

 

[tayser]

There's over 8000 posts on ForexFactory on this system...

And there's plenty more where people are free to make their own decisions if they work or not: http://www.forexfactory.com/forumdisplay.php?f=71

 

[Sean K]

There's over 8000 posts on ForexFactory on this system...

And there's plenty more where people are free to make their own decisions if they work or not: http://www.forexfactory.com/forumdisplay.php?f=71

LOL.

Started to go through it and realised there was nothing there to support this at all.

 

[OzFx]

Nice cherrypicking of trades there. It's interesting to note that they all occur recently when the markets have been nice and volatile. And even then the amount you claimed the trades to have moved in your favour is pretty unreasonable in some of them like Kauri pointed out earlier.

Personally I'd be pretty surprised if you even trade this method,though would be happy to see you prove us wrong and log a few of your trades live on the thread- all seems pretty unreasonable to me. So how much does it cost for you to provide us with your signal service(or whatever it is your trying to get out of this)??

It is all for free my friend. I post daily signals on my blog at 10 AM Sydney time and will post here if it helps

Cheers,
OzFx

 

[OzFx]

OZFx nice fishing expedition

Why use a demo account?

I think I mentioned this before, I use ODL demo for charting and use a different broker for live trading.

OK whats the real price?

All for free my friend

The old question if its so good why don't you just hammer it and make Zillions?

Who said I am not

Trading a few years Hmmmmm?

A total of 3 and 1 with this system

 

[OzFx]

Hello Friends,

I want to drop quick note to let everyone know that I'll be going short on EUR/USD, GBP/USD and JPY pairs like USD/JPY, NZD/JPY and AUD/JPY. You might have already noticed that EUR/USD has gapped down more than 100 pips resulting from the comments coming out of G7 meeting on last Fri. I personally see an incredible opportunity here.

I'll later send an update with my entry price of the trades I took.

Cheers,
Oz

 

[OzFx]

Hello Friends,

I've taken the following trades today.

1. EUR/USD - Short - 1.5695
2. GBP/USD - Short - 1.9657
3. AUD/JPY - Short - 93.69
4. EUR/JPY - Short - 158.99

Please note that I've taken positions earlier than our usual time of 8PM EST. If you wish you can enter later on at 8PM EST or wait for some pullback on EUR/USD and GBP/USD, since quite often pairs move against to cover the gap.

Cheers,
Oz

 

[>Apocalypto<]

Hell of a gap fill!

 

[OzFx]

Market Outlook: Apr' 15

Hello Friends,

I don't see any good daily trades today. I'll be looking for 4hr Squeeze-More trades later in the day.

Cheers,
Oz

 

[Kauri]

Re: Market Outlook: Apr' 15

Hello Friends,

I've taken the following trades today.

1. EUR/USD - Short - 1.5695
2. GBP/USD - Short - 1.9657
3. AUD/JPY - Short - 93.69
4. EUR/JPY - Short - 158.99

Please note that I've taken positions earlier than our usual time of 8PM EST. If you wish you can enter later on at 8PM EST or wait for some pullback on EUR/USD and GBP/USD, since quite often pairs move against to cover the gap.

Cheers,
Oz

Hello Friends,

I don't see any good daily trades today. I'll be looking for 4hr Squeeze-More trades later in the day.

Cheers,
Oz

Do you have stops on yesterdays positions, are they still open, how are they looking?? If this is going to be a commentary/log of your system a regular update of open trades would be a good thing, or not??
Cheers
...........Kauri

 

[OzFx]

Re: Market Outlook: Apr' 15

Do you have stops on yesterdays positions, are they still open, how are they looking?? If this is going to be a commentary/log of your system a regular update of open trades would be a good thing, or not??
Cheers
...........Kauri

Hi Kauri,
I usually post updates on my blog. For the last trades, I end up as follows:
1 AJ +50 (3%)
2 EJ +50 (1%)
3 EU -40 (1.5%)
4 GU -80 (1%)

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

Cheers,
Oz

 

[prawn_86]

Re: Market Outlook: Apr' 15

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

Could you please disclose your risk and position size when you advise what you have bought at?

I'm interested in trialling the method, but without knowing these things its hard to see how you were profitable with the previous results.

thanks

prawn

 

[OzFx]

Market Outlook: Apr' 16

Hello Friends,


Most of the pairs are trending against the established trend and hence I choose not to take any daily trades today. I’ll be on look out for 4hr Squeeze-More trades and in general would look to long Yen crosses and short USD pairs.


Cheers,
Oz

 

[Sean K]

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

 

[OzFx]

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.