Update OzFx Gone Exclusive
June 4, 2008
Hello Everyone,
Thanks for tons of positive and negative feedback in last 24hr hours regarding the subscription service. I am grateful to the people who have stuck by the system in both good and bad times.
I appreciate every comment and nothing but good will come out of this whole thing. Please note that my system remains free and you can modify the way you wish. Also I’ve tried my best to show you how exactly I trade in over 950 posts on forex factory and 685 posts on my personal forum alone. It is all out there for you to take it from here.
All the posts on my website and charts I posted in the past will still remain there. Please feel free to go through them and use them to backtest and better your understanding. I hope that I’ve helped at least some of you and please don’t hesitate to say “hello”.
I hope to keep in touch with you and wish you all the best in your journey.
Cheers
Oz
P.S. Please note that WorldVision charity will continue and you will receive more updates coming in near future.
Subscription Link
June 4, 2008
Please note that subscription link has now been removed. Thanks for everyone who chose to subscribe. If you have missed out then you can send an email to admin@ozfx.com.au to put your name down for waiting list.
Cheers,
Oz
OzFx Gone Exclusive
June 3, 2008
Hello Friends,
As of today the daily signals will be an exclusive paid service. The reason to make these changes is to help people who are serious about learning and dedicated to excel in Forex market. In last six months, I’ve replied to more than 10,500 emails, thousands of posts and PMs across several forums. Now it is time to make this exclusive to people who would like to continue this journey.
Here is what you will receive:
1. Signals based on proprietary “Oz Special” System and popular Daily System.
2. Fast SMS and Reliable Email notifications of new trades and updates.
3. Coaching for traders who will like to learn more and sharpen their trading skills.
4. Access to private forum.
5. Custom Stop Loss and Profit Taking for each pair traded.
6. Custom Money Management to suit individual needs.
7. Market Commentary with personal view of market movements.
8. First one to know about future services. (Watch out for “OzZo”).
You get all the above for only USD 249 per month. Plus, you will have 7 days from the joining date to ask for a full refund if you are not happy with the service. No questions asked!
Here is the last month’s performance and pip total. If you like to know more details please don’t hesitate to ask me and also refer to FaQ.
Lets get started.
OzFx
www.OzFx.com.au
What are Oz Special Trades?
May 13, 2008
Hello Friends,
I received tons of emails and messages asking what are “Oz Special” trades and how to trade them. Basically these trades are based on daily charts and they are meant to catch a longer term trend lasting from few days to few weeks. Signals are generated from a proprietary indicator that I’ve been working on for more than 4 months. This indicator generates less signals per pair but more successful ones. As before the signals will remain free for everyone and Stop Loss and Take Profit are same as Daily Trades.
In coming weeks I’ll start sending signals on 4Hr chart and 1Hr Chart based on the same indicator. Stop Loss and Take Profit for those trades will be advised later. Please note that the original Daily and AES system still works great and “Oz Special” is simply an addition to it.
Cheers,
Oz
Daily Email Alerts
May 13, 2008
Hello Friends,
On receiving several complaints from email alert subscribers I contacted the hosting company and they advised that they can’t let me send emails in such a huge quantity at the same time. Total subscriber base has now grown over 5500+ and apparently it is too big for my hosting company. I am looking at alternatives and would most probably move over to a bigger company this weekend. Hence you might see the blog and forum down on the weekend.
Please bear with me while the changes are happening and everything should be back to normal by next week. In the meantime please visit the blog for updates rather than waiting for email alerts.
Cheers,
Oz
P.S. I would also like to encourage everyone to visit my post on Worldvision here
Important Update
April 17, 2008
Hello Friends,
Few days back I mentioned reconsidering 200SMA filter rule and now I am convinced that we can relax this rule a bit specially in times when most pairs are trending against the established trend. So here is what I recommend:
1. Wait for AC to cross “0″ line.
2. Go down to 4hr and 1hr to see if you still see AC and Stot in the same direction.
3. Risk less percent of equity for trades against the trend.
I would welcome your ideas and thoughts on this. I’ve opened up a new thread here.
Cheers,
Oz
P.S. Thanks for “pipkidnapper” and “forexnoob” for their suggestions.
Pip Calculations
March 31, 2008
Hello Friends,
With starting of the daily signals soon we need to find a way to report the daily pip profits. We had some big discussions in the past and would like to welcome you all share your thoughts for one last time here. Trading with 5 lots creates a challange to count pips in a way that truly reflects the total pips/profit made. My concern for the method to calculate pips is that it should also be comparable with other systems.
In the past people have suggested to average out the total pips. So for example if the trade makes +50 and rest of the lots are closed at BE then divide 50 by 5 and report 10 pips profit. Thats again is not accurate since it will be hard to compare with other systems who could trade with 1 lot and report 50 pips profit.
Another way suggested was to simply add the number of pips from each lot closed. So if a trade made 250 pips then add 50+100+150+200+250 making it a total of 750 pips. This again makes it harder to compare with other systems as I would be reporting thousand of pips whereas others would report only a handful.
What I’ve used in the past is the method that assumes that trade is placed with 1 lot and total pips gained/lost from the signal. This to some traders seems inaccurate since it doesn’t balances losses to gains properly.
Hence once and for all I would like you to participate in the discussion as to which is the best way to report pips. Please post your suggestions here.
Cheers,
Oz
1:1 Phone Chat - Update
March 24, 2008
Hello Friends,
Few weeks ago I posted on my blog “Committed To Succeed” and I asked if people are interested in having 1:1 phone chat to help them get started. In response to that I’ve received several hundred emails and the responses are far greater than I thought. Hence it made me think and I came up with a better solution.
What I am planning to do is to host a Webex session, it is like a web-conference / webinar session where I can share my desktop and communicate via voice and chat. This way I can help out more people at the same time and if someone still have questions then we can still do phone chat.
Initially I’ll do one session a week on Daily strategy and may have Squeeze-More session later on if more people are interested. I love to see hear your feedback and suggestions, so please post them here.
Cheers,
Oz
Chat Room…Please Vote!
March 20, 2008
Hello Friends,
I am posting a poll to see which chat room would everyone prefer. We have choice between mIRC, TradingRoom and Skpye. All three requires you to download software on your PC.
Please vote here
Cheers,
Oz
Important Changes
March 18, 2008
Hello Friends,
I am making few changes to the way we do things and hope to make it better.
1. I’ve removed Total Pips from my signature and would like everyone to have their own tally and record of their trades.
2. Following today there will not be any signals at 00GMT. However I will send an email few hours earlier stating what pairs I am looking at and potential trades. This would help everyone to make their own trading decisions and would give me some spare time to do other things.
3. I’ve added “Chat Room” link to my signature, please utilize this to ask questions and help each other. This room would be up 24/7 (thanks to “catch22″)
In my opinion changes above are positive and would help everyone to trade on their own. I would also like to request everyone to extend their support on the forums and “give back” if possible.
I’ve opened a thread here and I would appreciate your comments and suggestions.
Cheers,
Oz
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