The Daily Fozzy Method 2,814 replies
The 4 Hour Fozzy Method 233 replies
The Fozzy EA 389 replies
Fozzy Alt... one more approach to the Daily Fozzy Method 40 replies
Monthly Fozzy Method 9 replies
DislikedMy Stop loss got hit by 3 pips on the GPB/USD and then took off just a little bit later. Congrats Billser on hitting that trade.Ignored
DislikedWell, everyone needs to have a personal strategy for setting SLs that suits their trading style. But IMHO, 28 pips is a very tight SL when trading GBPUSD on daily charts. I am currently showing an ATR for GBPUSD of 108.
According to my research in this thread:
http://forexfactory.com/showthread.php?t=27335
there is a 52.3% on any given day that GBPUSD will retrace by 28 pips before reversing course and heading in its true direction for the day.Ignored
QuoteDislikedWell, everyone needs to have a personal strategy for setting SLs that suits their trading style. But IMHO, 28 pips is a very tight SL when trading GBPUSD on daily charts. I am currently showing an ATR for GBPUSD of 108.
DislikedAnyone going to take or have any thoughts on:
AUD/USD I did not quite get a cross on this - would not have taken it if I did.
EUR/AUD Got the cross - did not take it.
AUD/JPY Took this one.Ignored
Dislikedno cross on aud/usd or gbp/chf for me yet... and only a nervous cross on eur/usd although this does seem like a possible continuation on the 4hr long ..anyones guess
have taken e/u will see what we see.. I am trying too take all crosses where poss as system has a reasonable expectancy so should all pan out sooner or later
RyeIgnored
DislikedSo these are all 4-hour trades? What fozzy variant are you using? In other words, are you filtering out any crosses?Ignored