Just did a scalp using Daily Fozzy method applied to 5 min chart GBPUSD. S 2.0040 just out with 48 pips. I've decided to change the recording of win/loss as pip values vary. From a $10000 account with the 40% goal i.e. 20 pips per day = $4000. The ...

Can I make 40% per month consistently

A little scalp has turned out nicely, stop moved to 2.0020 so 20 pips locked in. A freebie trade from here. My profit target just got hit, I couldn't move it down further quick enough so 48 pips for a scalp, I'm happy (scarctic yes), very happy. As ...

Daily Fozzy on all time frames????

In between writing the first post just got into a scalp GBPUSD S 2.0040, stop moved to BE, and we are 14 pips up so far. On 5 min chart RSI went outside the BB crossed back in and then crossed the SMA which was the signal to enter.

Daily Fozzy on all time frames????

Hi just checking it, is all OK, you writing exams or are you just a bit amazed with what GBP is doing at the moment? I missed all sorts of fun yesterday, internet connection problems with a big storm and then some birthday celebrations (was 48 big ...

My Path To Financial Freedom

Whilst I hate trying to trade the news (I say trying because previously I've been burned) I have to seriously consider whether the market is telling us which way news is expected to go and if you can trade the news before the event??? Apart from the ...

Can I make 40% per month consistently

High inflation saw GBPJPY jump 100 pips from where I'd normally have liked to get in as per the previous post. Can you hear me scream neexxxxxt in frustration. Thankfully theres another trade out there waiting.

Can I make 40% per month consistently

On a normal day I'd be buying GBPJPY at 237.60 level as Daily Fozzy Indicator RSI has crossed SMA and the W's % R has crossed up -50. Price supported by a pivot level and 100 ema. All from 30 min chart. But not 35 mins before big UK news. Looks like ...

Can I make 40% per month consistently

Hi droesparky I use 50, 100 and 200 ema's standard on all charts. I don't trade these as cross overs but to determine trend and for support levels. My standard set up can be seen on my Can I make 40% per month consistently thread if you'd like to ...

Williams % R system

Since 29 Mar on EURJPY 30 min chart when 50, 100 and 200 ema's had their last cross upwards to confirm uptrend the 200 ema has effectively contained price. The 200 ema may give support at 161.10. The 2 hr chart has 50 ema at 161.12 and the 50% fib ...

Can I make 40% per month consistently

Again on EUR and GBP/JPY the 2 hr chart both currencies Daily Fozzy indicators have the RSI going below the lower Bol Band which doesn't happen that often and also seems to indicate we have a turn coming at some point.

Can I make 40% per month consistently

Day 1 came and went with no trades for me whilst I was able to be in front of the computer. I have to take TOD - the old dear yes mom to the doctor at 12 local time 6 am est so hopefully we'll have something this am. On that score I hate trying to ...

Can I make 40% per month consistently

Hi Kharvell, I've never even considered looking at those currencies I would tend to guess to use the lower time frames 15 min - 1 hr. Hope it helps with your yen trades which I see from your thread that you like. We at least have some movement down ...

Williams % R system

My pleasure, just a suggestion but add to all your time frames for all currencies, works well on most in 30 and 15 min time frames, 15 min charts don't work for me with yen pairs however. I use as listed here for the yen pairs where I struggled to ...

Williams % R system

Looks like a trade shaping on the GBP/USD. Histogram divergence on 4 hr MACD, potentially MACD divergence on 1 hr and 30 min, stoch div on 1 hr.

Can I make 40% per month consistently

I wonder if tradeigel or aicccia or any other programmer would care to do an EA?

Williams % R system

I move stop to breakeven once 50 pips up and move in multiples of 50 until stopped out. Where it gets interesting is if stopped out and the 2 hr charts W's % R is staying well above the -50 line you are still in an uptrend. You can take the same ...

Williams % R system

There has been an uptrend on this chart so as mentioned once the -50 line has crossed upwards buy the open of the next candle. On this chart you would have had -240 pips on losing trades, winners would have grossed 1100 pips max possible wins ...

Williams % R system

Apologies I see my screenhunter has expired. I have drawn a line where the -50 line has been crossed in uptrend. There is approx 50% win rate but the winners RRR far outstripts stops - I generally use 40 pip stops.

Williams % R system

Hi Clansman yes I am looking to trade Asian session in particular for my Williams % R system which I have just posted. There are quite a few trades 8 pm est which is 2am local time. I need my sleep (I'm 48 on 18/4 thats a big whohoo) and after a few ...

Can I make 40% per month consistently