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Brand New Forum

January 30, 2008

Hello Friends,

I’ve created a new forum for all us on my blog. The idea is to keep the discussion of the two system separate and make it easier for people to follow.

Please feel free to visit and register Here.

Cheers,

OzFx

Written by OzFx · Filed Under Updates 

200 SMA Filter

January 30, 2008

Many trades seems to be concerned about using or not using 200SMA as a filter. So I would like to clarify few things.

Using the 200SMA filter and AES gives us plenty of signals every week. 200SMA does keep us out of many profitable trade which are against the trend. However we are not trying to capture every move.

It is not the number of pips which is important. If you can constantly make even 100 pips in a month, you can make a lot of money by using right number of lots.

Fewer but more successful trades is the way to go.

Cheers,
OzFx

Written by OzFx · Filed Under Updates 

Market Outlook: Jan’ 30

January 30, 2008

Hello Friends,

I don’t see any good trades today. However we have some good trades coming tomorrow.

Cheers,
OzFx

Written by OzFx · Filed Under Market Outlook 

Performance - Jan’ 24

January 24, 2008

Hello Friends,

I am closing off my week here with nice +500 Pips. As I wrote earlier today that I am taking some time off from tomorrow till 29th (Sydney Time). I’ll be back on Wed’ the 30th (Sydney Time) and would post the signals for that day.

In a way it is a good opportunity for everyone to try and trade them self. Some people have asked me to look into providing more professional service. If I see more interest then I’ll look into it once I get back from holidays.
Have a great weekend

Cheers
Oz

Written by OzFx · Filed Under Trade Update 

Chart Setup - Jan’ 24

January 24, 2008

 

Here the Charts of Trades from Today:

Click on the links to see the chart setup:

a) GBP/CHF
b) EUR/GBP

Cheers,

OzFx

Written by OzFx · Filed Under Chart Setup 

Market Outlook: Jan’ 24

January 24, 2008

 

 

Hello Friends,

Here are the free forex signals for today:

a) GBP/CHF- Short
b) EUR/GBP - Long

Cheers,
OzFx

Written by OzFx · Filed Under Market Outlook 

Advance Entry Signals (AES)

January 23, 2008

AES is simply an addition to Daily OzFx system. It is a method of finding entry signals for pairs which are deep in their trend.

How To Identify Pairs:

Look for pairs which have moved far from 200SMA. AC for these pair stays below or above 0 line without crossing.

Why Trade Such Pairs:

These pairs are excellent in catching big long sustainable moves. Trend is your friend until it bends :)

Entry Signals:

  1. Wait for price to pull back against the trend.
  2. Wait for Stot to cross in the direction of trend.
  3. Wait for AC to turn green for long and red for short.

Strong Signal:

  1. When AC is below 0 for short and above 0 for long.
  2. When AO is the same color as new AC line.

As you can see this method is very simple and helps us get good entry points for pairs that are in a trend.

 

Sample Trades - Download Here

 

Cheers,

OzFx

Written by OzFx · Filed Under Updates 

Chart Setup - Jan’ 23

January 23, 2008

Here the Charts of Trades from Today:

Click on the links to see the chart setup:

a) GBP/CHF

Please note this is based on our original method. However I used Advance Entry Signal to place this trade. I’ll update my blog later today with more details later.

Cheers,
OzFx

Written by OzFx · Filed Under Chart Setup 

Market Outlook: Jan’ 23

January 23, 2008

 

Hello Friends,

Here are the free forex signals for today:

a) GBP/CHF - Short

Cheers,
OzFx

Written by OzFx · Filed Under Market Outlook 

Chart Setup - Jan’ 22

January 22, 2008

 

Here the Charts of Trades from Today:

Click on the links to see the chart setup:

a) GBP/JPY

Cheers,
OzFx

Written by OzFx · Filed Under Chart Setup 

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