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coolshades replied Dec 18, 2006[ rogerha, i too am using the early exit. so while i have s/l at 50 pips, and even the t/p at 50 pips i generally exit as soon as i get 15-20 pips on the board.. largely because i am nervous, but the system is good and i am gaining confidence.. ...
Part Time Wealth Building Trading System
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coolshades replied Dec 18, 2006does that mean you exit a) when the rsi goes below 50 for long, or goes above 50 for short b) stop loss of 50 is triggered whichever of a or b happens earlier?
Part Time Wealth Building Trading System
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coolshades replied Dec 18, 2006so is the entry long = when price crosses high MA and rsi crosses 53 and low for price crosses low ma and rsi crosses 47?
Part Time Wealth Building Trading System
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coolshades replied Dec 17, 2006will, is that an hourly chart you have posted? i think most of us are commenting on the daily chart....
My Daily Fozzy Trades
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coolshades replied Dec 16, 2006jillyb, you using the CMC spreadbetting charts? try FXDD demo account and you will get MT4 charts on GMT + 2. so new daily candle starts at 10 pm GMT.
The Daily Fozzy Method
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coolshades replied Dec 15, 2006i have a fxdd demo account so maybe i can answer this. [QUOTE=howard Do FXDD demo accounts expire, do they have all the pairs on demo, and does their daily candle close at 10pm GMT? they have more than 18 pairs, and yes daily candle closes and opens ...
My Daily Fozzy Trades
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coolshades replied Dec 15, 2006ok i see what you mean.. on fxdd there are no saturday and sunday candles.. i trade the friday candle too, on sunday night and hence got confused
My Daily Fozzy Trades
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coolshades replied Dec 14, 2006hmmm..you dont take the sunday candle? so you take the trade monday morning for a cross that formed sunday... i thought some of your results showed a sunday/monday trade..
My Daily Fozzy Trades
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coolshades replied Dec 14, 2006last i looked on fxdd, chfjpy was heading for a cross..
My Daily Fozzy Trades
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coolshades replied Dec 14, 2006i took the long on this on 12th.. it gave me only 9 pips profit..but frankly i am ecstatic since i have stuck to my system for the 1st time without exiting early/late. now my laptop has crashed so i am twiddling my fingers till it gets back online.. ...
My Daily Fozzy Trades
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coolshades replied Dec 14, 2006possible.. as i said i havent studied the majors. when i have more info i will share.
The Daily Fozzy Method
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coolshades replied Dec 13, 2006jason, every since you pointed out sw i have been doing some research on historical fozzy crosses vis a vis sw .. and i am growing to believe the sw follows the fozzy cross.. to be honest i have researched only the lesser traded pairs such as ...
The Daily Fozzy Method
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coolshades replied Dec 13, 2006so far a consistent system. i missed the last long and current short due to work pressures, but good to see the system delivers
Part Time Wealth Building Trading System
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coolshades replied Dec 11, 2006tk, made 50 on the short today morning at abt 9 am gmt.. unfortunately missed the long that ocurred at 5 pm gmt.. waiting for the next reversal..
Part Time Wealth Building Trading System
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coolshades replied Dec 11, 2006i deliberately refrained from posting since i was posting too much noise.. empty vessels and all that.. and this is another redundant post.. but never fear.. we are all here
The Daily Fozzy Method
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coolshades replied Dec 11, 2006tk, that 9566 short should have still given you a 50 pip profit if you had moved your s/l once it had moved down 100 pips?
Part Time Wealth Building Trading System
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coolshades replied Dec 9, 2006wilf could you post the modified vegas daily which has level 0? thanks.
The Daily Fozzy Method
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coolshades replied Dec 8, 2006al, i am not tk but i think he reverses the trade only when both price closes above/below ma and rsi goes above/below 50. also me thinks he waits to be stopped out before reversing, though i am less sure of that
Part Time Wealth Building Trading System
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coolshades replied Dec 7, 2006paul, may i recommend london. its warm, sunny the year round, the people are friendly, never talk about the weather... oh wait a minute i was daydreaming
The Daily Fozzy Method
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coolshades replied Dec 7, 2006oh sorry they HAVE closed. i am short now at 19651 lets see. i have created a separate account for this system with a miniscule amount budgeted for it..
Part Time Wealth Building Trading System