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EUR/AUD +50

April 18, 2008

Hello Friends,

The EUR/AUD position from this morning has made us 50 pips. I’ve closed all my lot since I entered only small percentage on my equity. Signal is still good for more pips and you can continue to hold if you like.

Cheers,
Oz

Written by OzFx · Filed Under Trade Update 

USD/JPY +50

April 10, 2008

Hello Friends,

I’ve closed all lots on USD/JPY at +50. It does has more potential to go down and you can hold it further if you like. I am closing it early since I entered only 1% of account equity as opposed to usual 3%. I’ll look for further entry on 4hr Squeeze-More.

Cheers,
Oz

Written by OzFx · Filed Under Trade Update 

GBP/CHF +50

April 10, 2008

Hello Friends,

I’ve closed all lots on GBP/CHF at +50. It does has more potential to go down and you can hold it further if you like. I am closing it early since I entered only 1% of account equity as opposed to usual 3%. I’ll look for further entry on 4hr Squeeze-More.

Cheers,
Oz

Written by OzFx · Filed Under Trade Update 

All positons closed :)

April 8, 2008

Hello Friends,

I’ve closed all of remaining EUR/USD at +50 and EUR/GBP at +60. If you still in the trade then you can hold on it. I am closing because I only entered 1% of each trade and there was not much room to take partial profits.

Cheers,
Oz

Written by OzFx · Filed Under Trade Update 

EUR/GBP +50

April 8, 2008

Hello Friends,

EUR/GBP trade reached +50 and I’ve closed 50% of my trade.

Cheers,
Oz

Written by OzFx · Filed Under Trade Update 

EUR/USD +40

April 8, 2008

I’ve closed the 50% of my EUR/USD position at 40 pips.

Cheers,
Oz

Written by OzFx · Filed Under Trade Update 

Market Outlook: Apr’ 04

April 4, 2008

Hello Friends,

Today is NFP day and I would be wary of taking any new trades. From next week I would post the daily and Squeeze-More trades that I’ll personally take. I’ll also send updates when possible and report results as per our discussion here.

Cheers,
Oz

Written by OzFx · Filed Under Trade Update 

Weekend Wrap-up

March 23, 2008

Hello Friends

There are few important updates so please read the complete post. First of all Happy Easter and I hope you are enjoying the holidays. Market is expected to be slow again on Mon, however marker will be in full swing for rest of the four days. Last week I didn’t took many daily trades but traded 4Hr Squeeze-More quite frequently. I’ve also started trading Squeeze-More on Managed accounts risking only 0.5-1% of total equity. I will increase this to 1-2% in coming weeks as we gain more confidence.

 

I am still re-considering sending out daily signals after receiving several hundred emails asking to do so and also to add 4Hr Squeeze-More. I’ll probably make up my mind a week or so. In the meantime try to learn and don’t hesitate to ask questions on the forum.

 

Regarding Chat room poll, Skype seems to win over mIRC, however Skype has a limitation of 100 users and in long run it won’t scale well. Hence I would recommend to use mIRC, you can find the instructions here. I would still spend most of my time on the forums since it helps to build database for future reference :)

 

If you are using ODL MT4 demo for charting then you would have noticed that most CAD pairs are not showing up. I called up ODL and they said that some traders were taking unfair advantage of some sort on those pairs. InterbankFX seems to have EUR/CAD & AUD/CAD and I would use their demo along with ODL for now. I am also looking for broker which offer GBP/CAD and CAD/JPY.

 

Regarding Managed Accounts I’ve opened few more slots and feel free to drop an email at support@ozfx.com.au to get more info. For existing clients please mail me at admin@ozfx.com.au if you have questions.

 

 

 

Enjoy the rest of the holidays :)
Oz

Written by OzFx · Filed Under Trade Update 

AUD/CAD Closed

March 13, 2008

Hello Friends ,

Price failed to reach our 50 pips TP by few pips and pulled back all the way down to -20. At this stage I’ve closed AUD/CAD and would look at shorter time frames to recover the pips.

Month Total - 175

Cheers,
Oz

Written by OzFx · Filed Under Trade Update 

PIP Update

March 12, 2008

Hello Friends,

Below are the pips from yesterday loosing trades:

1.  AUD/JPY  -135
2.  NZD/JPY -155
3.  EUR/JPY -150
4.  GBP/CHF -65

A total loss of 505 pips.  Which brings the month total to -155 pips. I am aware that some people like to calculate the pips in a different way, so feel free to change to suit yourself.

Cheers,
Oz

Written by OzFx · Filed Under Trade Update 

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