OzFx System :) 100-800 Pips Per Trade

Hello Friends,

I would like to share with you a system that has consistently been successful for me, that I would like to call OzFx System.

What can You expect?
This system has a potential of banking 100-800+ pips per trade trading with Daily Chart.

Why Daily Chart?
As you could guess by now that this is not a 5 min scalping system. I believe in trading longer time frame simply because first of all rules of
technical analysis hold true more often and second I don?t want to sit in front of pc all day long.

Think like this, most of us one day would like to be full time traders; however it doesn?t mean that we spend all that time in front of PC.
I would rather go flying and playing golf. So I developed this system thinking of long term and hence it is based on Daily Chart.

See It For Yourself:
Let?s see if you can spot the correlation between the indicator and the price action.



I bet you were able to spot that short entry (300+ pips). Tell me that you noticed that every time AC changes color and crosses the 0 line
it gives us an entry signal. Am I right or right??

Did you see another short trade towards the left side of the chart?? That trade was worth 835 pips in 5 days.

No Clue So far:
I believe 90% of the people will be able to spot the correlation mentioned above. If you are one of the unlucky 10%, then I would recommend
to try some other system and not to waste your time on this post.

The reason I say above is that we should trade using strategy that is intuitive and easy to follow. Technical analysis is not perfect science;
I believe it is an ART, an ART to pick signals as they happen. I am terrible at spotting Flags, Triangles and Head & Shoulders. Hence I keep away
from them and don?t want to spend years to master them.

A Bit Of History:
I started with Forex few years ago simply because I like the volatility and leverage. I?ve never traded stocks in my life and no plans to do so ever.
The only stock I ever held was given to me by the IT company I worked for.

As most of us I tried systems provided on Forums and also commercial system. I tried News Trading, 5 min scalping and astrology (just kidding),
but had no luck. I wasted a fair bit of money and precious time on several systems that were not worth their while.

However the learning that took from that was these systems were complex, had too many indicators (or none) and required a great deal of discretion.
So I went and did my own research to see what indicators make sense, what setting works best and what time frame they should be used on.


So What Is The System?

Setup:

Open up a daily chart on EUR/JPY.
Apply Bill Willam?s Accelerator Oscillator (AC).
Apply Stochastic with setting 5,3,3 on top of AC. Use the template if don?t know how to.
Try and use demo MT4 from ODL securities. Every broker has different time when they start a new daily candle.
ODL seems to have the time that works best. I only use their demo account for charts and place my trades on totally different broker.

Short Entry: RED AC below 0 and Stot below 0
Long Entry: Green AC above 0 and Stot above 0
Exit: OppsiteBuy/Sell signal or as per Money Management.
Filter: Apply 200SMA. If price is below 200SMA then only take short trades. If Price is above 200SMA then only take long trades.

Money Management:

Trade with 5 Lots with Stop Loss 100 pips away
Take Profit on 1st Lot at 50 pips. Move Stop Loss to Break Even (BE).
Take Profit on 2nd Lot at 100 pips.
Take Profit on 3rd Lot at 150 pips.
Take Profit on 4th Lot at 200 pips.
Let the 5th Lot run until you see an opposite entry signal.

The Risk/Reward ratio turns out to be 1:1 or better depending on your 5th Lot. Since we trade on daily and would only take
trades with high probability of success, 1:1 would work just fine.

If you choose to do back-testing then take special care for signals from late November to end of Dec. Low volume during this time
of the year creates wild swings.

My Challenge To You:
Spend 2 mins every day to analyze 8-10 of your favorite pairs. Demo it for 2-3 weeks and post the screen shots of your trades for everyone
to see and learn.

What?s In For Me?
It is time for me to Give Back. I learned a great deal from forums and thought there can?t be another way to share something that can make
us all a lot of money. Plus I hope to learn from others on how to improve this system.

Up Next:

Advance Entry Signals - Go Here
Advance Stop Loss(SL) and Profit Taking(PT) - Go Here
What pairs to trade and what corresponding Stop Loss to use?
What are other tradable Time Frames?
Squeeze-More ? An Intraday Strategy - Go Here
FAQ - Go Here


Email Alerts:
You can also subscribe to free signals send out via email everyday around 8PM EST. Go Here

I?ll reveal more info about the system once I start to see more interest in this post from Forum members.

Hello Friends,

I want to drop quick note to let everyone know that I'll be going short on EUR/USD, GBP/USD and JPY pairs like USD/JPY, NZD/JPY and AUD/JPY. You might have already noticed that EUR/USD has gapped down more than 100 pips resulting from the comments coming out of G7 meeting on last Fri. I personally see an incredible opportunity here.

I'll later send an update with my entry price of the trades I took.

Hello Friends,

I've taken the following trades today.

1. EUR/USD - Short - 1.5695
2. GBP/USD - Short - 1.9657
3. AUD/JPY - Short - 93.69
4. EUR/JPY - Short - 158.99

Please note that I've taken positions earlier than our usual time of 8PM EST. If you wish you can enter later on at 8PM EST or wait for some pullback on EUR/USD and GBP/USD, since quite often pairs move against to cover the gap.

Hello Friends,

I don't see any good daily trades today. I'll be looking for 4hr Squeeze-More trades later in the day.

Cheers,

Hello Friends,


Most of the pairs are trending against the established trend and hence I choose not to take any daily trades today. I?ll be on look out for 4hr Squeeze-More trades and in general would look to long Yen crosses and short USD pairs.

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.

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

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

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

Hello Friends,

Here are the trades for today:

1. Oz Special:
EUR/CAD - Short (Stop Loss 130)
CHF/JPY - Short

2. Daily Signals:
None

3. AES Signals:
None

Previous Trade update:

1. Oz Special:
EUR/USD - Short
First lot closed at +50 . Currently at +48

2. Daily Signals:
NZD/USD - Short
Second lot closed at +100 . Currently at +95

USD/JPY - Long
Closed at -100

AUD/CAD - Short
Currently at -5

We will discuss the signals here.

Here the pips updates of trades from today and yesterday:

1. Oz Special:
EUR/CAD - Short
Second lot closed at +100 . Currently at +97

EUR/USD - Short
Second lot closed at +100 . Currently at +85

CHF/JPY - Long
Currently at -35

2. Daily Signals:
NZD/USD - Short
Second lot closed at +100 . Currently at +41

AUD/CAD - Short
Currently at -11

Here the pips updates of trades from today and yesterday:

1. Oz Special:
EUR/CAD - Short
Second lot closed at +100 . Currently at +97

EUR/USD - Short
Second lot closed at +100 . Currently at +85

CHF/JPY - Long
Currently at -35

2. Daily Signals:
NZD/USD - Short
Second lot closed at +100 . Currently at +41

AUD/CAD - Short
Currently at -11

Hello Friends,

I don't see any good trades. Also due to "May Day" holiday I would recommend not to trade today. Later I'll send an email with updated open and closed positions.

Here the pips updates of trades from today and yesterday:

1. Oz Special:
EUR/CAD - Short
Third lot closed at +150 . Currently at +90

CHF/JPY - Long
First lot closed at +50 . Currently at +48

EUR/USD - Short
Second lot closed at +100 . Rest of the lots closed at BE.

2. Daily Signals:
NZD/USD - Short
Second lot closed at +100 . Rest of the lots closed at BE.

AUD/CAD - Short
Closed at -100

Hello Friends,

Japan and London markets will be closed today due to holidays in both countries. I would recommend not to take any trades. Remember we don't have to trade for the sake of trading.

1. United Kingdom-----May Day Bank Holiday-----05 May 2008
2. Japan-----Children?s Day-----05 May 2008

Upcoming Holidays:

1. Canada-----Victoria Day-----19 May 2008
2. United Kingdom-----Spring Bank Holiday-----26 May 2008
3. USA-----Memorial Day-----26 May 2008

Hello Friends,

Here are the trades for today:

1. Oz Special:
None

2. Daily Signals:
AUD/USD - Long

3. AES Signals:
EUR/JPY - Long

Please also note that there is holiday in Japan - Greenery Day.

Previous Trade update:

1. Oz Special:

CHF/JPY - Short
Second lot closed at +100 . Currently at +60

EUR/CAD - Short
Third lot closed at +150. Rest of the lots closed at BE.

We will discuss the signals here.

CHF/JPY - Short
Fourth lot closed at +200 . Currently at +150

EUR/JPY - Short
Second lot closed at +100. Currently at +70

EUR/GBP - Long
Currently at -25

2. Daily Signals:
EUR/JPY - Short
Fourth lot closed at +200 . Currently at +170

GBP/CHF - Short
Fourth lot closed at +200 . Currently at +280

CAD/JPY - Short
Third lot closed at +150. Currently at +123

NZD/USD - Short
First lot closed at +50. Currently at +50

A total of 900 pips in last few days.

Hello Friends,

Here are the trades for today:

1. Oz Special:
None

2. Daily Signals:
AUD/CAD - Short
GBP/CHF - Short
EUR/JPY - Short

3. AES Signals:
None

We will discuss the signals here.

Previous Trade update:

1. Oz Special:
CHF/JPY - Short
Second lot closed at +100 . Currently at +110

2. Daily Signals:
CAD/JPY - Long
First lot closed at +50. Rest of the lots closed at BE.

3. AES Signals:
EUR/CAD - Short
Third lot closed at +150. Rest of the lots closed at BE.

EUR/JPY - Long
Closed at -100

1. Oz Special:
CHF/JPY - Short
Fourth lot closed at +200 . Currently at +190

2. Daily Signals:
EUR/JPY - Short
Third lot closed at +150. Currently at +165

GBP/CHF - Short
First lot closed at +50. Currently at +15

AUD/CAD - Short
Currently at -15

Hello Friends,

1. Oz Special:
CHF/JPY - Short
Fourth lot closed at +200 . Currently at +150

2. Daily Signals:
EUR/JPY - Short
Third lot closed at +150. Currently at +105

GBP/CHF - Short
Second lot closed at +100. Currently at +90

AUD/CAD - Short
First lot closed at +50. Rest closed at BE.

Please note that new signals will be posted at 8PM EDT.

Hello Friends,

Here are the trades for today:

1. Oz Special:
EUR/JPY - Short

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

3. AES Signals:
None

Entry price is as per ODL Demo MT4. For TP and SL please read here

Hello Friends,

Here are the trades for today:

1. Oz Special:
EUR/JPY - Short

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

3. AES Signals:
None

Entry price is as per ODL Demo MT4. For TP and SL please read here

Hello Friends,

We had great last few days and we banked 900 pips. I?ll send an update later of those trades.

Here are the free forex signals for today:

1. Oz Special:
EUR/GBP - Long

2. Daily Signal:
None

3. AES Signal:
None

Entry price is as per ODL Demo MT4. For TP and SL please read here.

Некоторое время мониторил контент инет, неожиданно к своему восторгу обнаружил интересный сайт. Вот посмотрите: натяжные потолки в спальню. Для моих близких этот веб-сайт показался очень важным. Хорошего дня!