I have just completed over the weekend much larger tests on the EURUSD pair. As I mentionned elsewhere, I would take a trade if the RSI crosses with its average and the difference at the close of the candle is 5 points or more. There is absolutely ...

The Daily Fozzy Method

It's the least I can do after all your explanations throughout the Fozzy threads...

FOZZY Method CROSSES

Yes, yes I am. I guess I should share my results so far. I was hoping to wait until I get more in, but here's what I have so far... Using one lot with a fixed S/L and T/P, the optimal values I got for EURUSD are: From 05-May-05 to 18-Apr-06: ...

The Daily Fozzy Method

Weird. I use FXDD's demo account as well... I attached an example. The first highlighted on cross on June 25 had a RSI of 72.79 and a RSI average of 74.40. For me, that's too close to be considered a cross. I still see it as a bounce. What I do is ...

FOZZY Method CROSSES

Over the last week, I have written a little software that checks for the best S/L and T/P, taking a list of dates in. I have it try every combination (by increments of 5) for 1 lot trades and 2 lots (could handle 3 lots, but would take a long time). ...

The Daily Fozzy Method

The GBP/USD cross was barely a cross on the daily chart, almost a bounce. I never consider it a cross unless the difference between the RSI and its average is at least 5 or 6 points. Not to mention that there was Fibo. convergence there. And the ...

FOZZY Method CROSSES

And looking at the candlesticks of this chart, the long shadows on the last 2 bearish candles indicates that the bears may be running out of steam. Cover your shorts people.

The 4 Hour Fozzy Method

My belief is 3 (or 4) steps: Back-testing -> Forward testing -> Live micro account (-> Live mini/standard account). Although back-testing is not mandatory, you could save yourself a lot of time by not forward testing a losing system. Then again, I'm ...

The Daily Fozzy Method

I was referring to the principle of backtesting before doing anything live with a new method. But you are right though that backtesting alone is not going to make it easy to trade this (or any) method live. As for James16's thread, I guess I'll head ...

The Daily Fozzy Method

Thanks for the welcome. If this has not been ingrained into my brain by now after 166 pages and it being repeated hundreds of time, it never will be.

The Daily Fozzy Method

Hi folks, Let me be the latest one to jump aboard the Fozzy Train. After spending the last week or so reading all 166 pages of this monster (while experimenting progressively as more suggestions were made about S/Ls, T/Ps, adding indicators, ...

The Daily Fozzy Method