No - It depends on what you like (and have forward tested to your satisfaction) Some use them. Some do not. It is an attempt to filter. Read the WHOLE Fozzy dailly thread AND do your own homework and see what you like.

Fozzy e-book - noobs can start here

Cannot say straight out. It depends (doesn't always?). You'd have to know YOUR system expectation, and then actually trade it. Pip counts are not the measure. Some traders have very high expectancies (a far more important number than pips - by far). ...

FOZZY Method CROSSES

Man o man. How true is THAT. I am finding this out via experience. I keep track of my trade - post close if I TP before I stop or hit my target, and It is true - it is a DUMB-ASS thing to do.

FOZZY Method CROSSES

Thanks. that additional column is interesting. To say the least! In my simple backtesting (eye-balling method), I find that waiting for the trade to run itself out has been a good play. I have not evaluated letting it run till stopped vs TP as a PPZ ...

The Daily Fozzy Method

Nice post Bill - I am building out a trading diary with the help of Dr Tharp. I am looking for any good ideas out there to build it. Would be willing to share what you are recording? I have a lot of data facts going into mine and like you, am ...

The Daily Fozzy Method

Can I BUM a tip? — You are a good sport! I like the FF very much. Lots of good people here - such as yourself and many others too numerous to mention. The last post to Sourour was the real deal. I've been doing some research and self ...

FOZZY Method CROSSES

Plan on a few months of simply consuming the mass of knowledge. Lots and lots of good stuff there. mqb11b (or what ever it is!) is one of the finest traders you will run into and is very active on the PF. See you in the PF!

james16 Chart Thread

DITTO! Best *few* dollars I have spent. What I like is that they are teaching me to fish, and not simply tossing me a trout every so often. Mike

james16 Chart Thread

You make the rules you follow. There are multiple ways of taking a cross - all the way from a restrictive BB filter to using the cross all by itself. Read the main thread - lots of goodies there. Here is the trick - You have to figure out what works ...

FOZZY Method CROSSES

What are you loking for? I notice the user name you selected is "Angler". Fishing for something? Know why they call it "Fishing"? Because it ain't "Catching" Go ahead and read all the posts in the Fozzy threads. There is a good e-book too. ...

FOZZY Method CROSSES

Easy now.... — Hey now. Did you set a reasonable stop and risk? If you did, what changed in less than 24 hours to throw you off? Why did you take the trade? Was it valid at the time you took it? Did you follow the rules or free lance a bit. If ...

FOZZY Method CROSSES

Don't poke the Bum!! — I said it before and I'll say it again - Do NOT ruffle the Bum. I love this thread!

FOZZY Method CROSSES

Very nice indeed. What is ultra-cool is this - Consider what happens when your account grows to the size where you can trade just few high probability setups a months, and using proper MM techniques risk 1 or 2% max, and make a KILLER living? What ...

FOZZY Method CROSSES

If you have different brokers, they closing time for each candle might be different. Hence the different looking screens. No one brker time is better as any time produces trade opportunities. The only time concern should be noted is when you get a ...

The Daily Fozzy Method

Good question of course. Check the James16 price action threads for additional education. First the buys are trading straight into a resistance zone. So are the sells. The pair is in a tradng range. You can successfully trade these - many do, but it ...

The Daily Fozzy Method

Monday Morning Quarterback — Interesting trade Tiki. Look at the chart I have snapshotted a few minutes ago. We have a strong trendline formed. We have bumped into a major resistance above, the RSI hooked down and is above 70 (Mikie likes it). ...

The Daily Fozzy Method

Please everyone, do NOT ruffle The Bum, do not poke The Bum, and do not feed The Bum.... (The Bum likes beer though...) But seriously folks - everyone needs to take command of their own destiny. Read a little. TAKE NOTES. Get Tharps on ...

The Daily Fozzy Method

A small bit of homework — I did a little bit of looking back From Feb 1 to Current on the USD. I was mostly interested in seeing if the bbsqueeze *really* helps. On this pair and very limited look, it kept me out of one trade that went well, ...

The Daily Fozzy Method

Heh. Ever since the internet, books became quaint!

The Daily Fozzy Method

So, you just simply trade the cross, period the end? I saw someplace in the myriad of posts that the tunnel comes into play at times - still considering it?

The Daily Fozzy Method