OzFx System :) 100-800 Pips Per Trade

[OzFx]

Originally Posted by popoola

Guys

The GBP/USD is setting up (short)
AudCad (long)

My signal for today is GU short 1.9850

[popoola]

great trade today. The trading in the GBP/USD today teaches a good lesson. The pound collapsed 170 pips then subsequently retraced it all and went on to gain close to 100pips. Even trades on the daily chart need monitoring.

[OzFx]

Hello Friends,


We had an excellent start for this month. Though marred by slow market due to NFP we still manage to bank +350 Pips. We only took 4 trades last week and all 4 of them were successful.



Some traders mentioned not getting filled on 2nd profit target for USD/CAD when we saw sudden price movement just after the news release. I can’t emphasize enough about trading with a good broker for same reason. All positions on my account and on managed accounts got filled easily.


We have 4 open positions at this stage, all in green and currently we stand at 41/47 successful trades.


Have a great weekend.
Oz

[popoola]

Hi DepthTrade

I am not fight OzForex battles for him but one of your statements is wrong. Scroll up to post #17 he called a sell for the GBUSD @1.9850. If you followed his post from #1 you will see that he has a blog and he post his calls there most of the time. Again if you scroll back you will see where Ozforex agreed on the same trade for different reasons.

DepthTrade I read your posts with interest and you are an excellent contributor but on this ocassion you are mistaken and have railed on OzForex for no real reason.

[OzFx]

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.

Cheers,
Oz

[OzFx]

Hello Friends,

Here are the trades from today:

1. Oz Special:
EUR/USD - Short

2. Daily Signals:
NZD/USD - Short
USD/JPY - Long
AUD/CAD - Short

3. AES Signals:
None

Cheers,
Oz

[OzFx]

Hello Friends,

Here are the trades for today:
1. Oz Special:
None

2. Daily Signals:
GBP/USD - Long

3. AES Signals:
None

Please note that there is holiday in Japan today. I am still holding all positions from yesterday:

1. Oz Special:
EUR/USD - Short

2. Daily Signals:
NZD/USD - Short
USD/JPY - Long
AUD/CAD - Short

Cheers,
Oz

[OzFx]

Here the pips updates of trades from today and yesterday:

1. Oz Special:
EUR/USD - Short
First lot closed at +50 . Currently at +78

2. Daily Signals:
NZD/USD - Short
First lot closed at +50 . Currently at +71

USD/JPY - Long
Currently at -41

AUD/CAD - Short
Currently at -20

GBP/USD - Long
Closed at -100

Cheers,
Oz