Browse > Home / Archive: February 2008

Today’s Signal

February 25, 2008

Hello Friends,

I’ll be heading off to airport very soon, however before I go I want to help you with what pairs to look for today.

1. USD/CAD - Short
2. EUR/JPY - Short
3. EUR/CHF - Short

Please note these trades are not official and you would need to analyze at 7PM EST (00 GMT) when the new daily candle pops up. Do you due diligence before placing the trades.

Alright then, I’ll see you all in 2 days :)

Take Care
Oz

Written by OzFx · Filed Under Market Outlook 

Performance Update +550 PIPS

February 24, 2008

Hello Friends,

What a great week we had. We banked a total of +550 pips. Two of our previous trades from week before reached +300 each and two from this week reached +100 and few +50. Here is the summary of the trades:

1. EUR/CAD—Closed ( from week before) — +300
2. EUR/USD—Open ( from week before) —–Locked +200 Currently at +270
3. CAD/JPY— Open ——————— —-Locked +100 Currently at +42
4. GBP/USD—Closed ———————— +100
5. USD/JPY—Open ————————–Locked +50 Currently at +23
6. EUR/GBP— Open————————-Locked +50 Currently at +44
7. EUR/AUD—Closed ———————– +50
8. CHF/JPY— Open————————- Currently at -38

Total for the month: +1070. So far we have 32/37 successful trades :)

Please note that we are trading on daily charts and there are times when we see pullbacks in prices before it goes in our favor. Most of the time 100 pip Stop Loss works fine but in some cases it won’t work and thats why we came up with ASL. Read ASL to learn how to put smarter SL.

I also want to let you know that I’ll away for next three days on business/holiday trip and won’t be able to send email alerts. I would still manage my open positions and would report profit/loss when I come back. Perhaps it is good time for everyone to practice on their own :)

Have a great weekend
Oz

Written by OzFx · Filed Under Trade Update 

Trade Update +100

February 23, 2008

OzFx Daily Method PIP Update
———————————

USD/JPY and CAD/JPY both had 1st lot closed for +50 each. I’ve moved Stop Loss to Break Even.

Currently open positions:

1. EUR/USD: +290
2. EUR/GBP: +39
3. CAD/JPY:  +60
4. USD/JPY:  +45
5. Some people also might have CHF/JPY open as well. If you do then I recommend to hold on to it.

Month Total:  +1020

Written by OzFx · Filed Under Trade Update 

CHF/JPY Trade - Update

February 22, 2008

Hello Friends,

There seems to be some confusion regarding the CHF/JPY trade. If you still in the trade then hold on to it and wait it out. I am reverting back the pip update to +920 for the month and would record the profit/loss on this trade later as it turns out.

Please note that 100 pip SL does not necessarily means that it will work on all pairs and all the time. Also read post on AES for better understanding.

In the future I’ll include my entry price to eliminate any confusion. Currently our EUR/USD trade is getting close to +300, however I’ll hold on to it until it reaches 1.5000 or we see a reversal signal. USD/JPY and CAD/JPY are both moving in our favor as well.

Please note that this is a free service only and I try my best to help everyone out :)

Cheers
Oz

Written by OzFx · Filed Under Trade Update 

Chart Setup - Feb’ 22

February 22, 2008

Here the charts for today:

a) USD/JPY

Cheers,

Oz

Written by OzFx · Filed Under Chart Setup 

Market Outlook: Feb’ 22

February 22, 2008

Hello Friends,

Here are the free forex signals for today:

a) USD/JPY - Short

Currently open positions:

1. EUR/USD: +260
2. EUR/GBP: +55
3. CAD/JPY: +10

Cheers,
Oz

Written by OzFx · Filed Under Market Outlook 

Trade Update CHF/JPY +50

February 22, 2008

OzFx Daily Method PIP Update
——————————–

CHF/JPY closed out at +50. We saw some wild movement in price and it is across the board for all JPY crosses. Some people reported to closed out at loss, for them I would recommend reading ASL

Currently open positions:

1. EUR/USD: +260
2. EUR/GBP: +55
3. CAD/JPY:  +15

Month Total: +970

Written by OzFx · Filed Under Trade Update 

Chart Setup - Feb’ 21

February 21, 2008

Here the charts for today:

a) CHF/JPY

Cheers,

Oz

Written by OzFx · Filed Under Chart Setup 

Market Outlook: Feb’ 21

February 21, 2008

Hello Friends,

Here are the free forex signals for today:

a) CHF/JPY - Short

Currently open positions:

1. EUR/USD: +160
2. EUR/GBP: +85
3. CAD/JPY: -40

We will discuss the trades here.

Cheers,
Oz

Written by OzFx · Filed Under Market Outlook 

Trade Update GBP/USD +100

February 21, 2008

OzFx Daily Method PIP Update
——————————–

GBP/USD 2nd lot closed for +100.

Positions still open so far:

1. EUR/USD: +150
2. EUR/GBP: +85
3. CAD/JPY: -55

Month Total: +920

Written by OzFx · Filed Under Trade Update 

« Previous Page — Next Page »