The solution is what we are here for; use fozzy on 4hr chart
Regards
The Daily Fozzy Method 2,814 replies
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DislikedDamn you BB, now you got me interested and I have to open a new demo account to test this out hehe
I'm setting up on 4H charts with the HMMA posted by JokersWild as filter and as he said, alert to tell me to go and take a look.Ignored
beach?
ps : hope you dont mind if i make some calls for some time..
Dislikedbeach?
ps : hope you dont mind if i make some calls for some time..
Ignored
i have taken only 3 trades,all on gbp chf, all + ve
i am keen to know how many trade the 4 hr fozzy alone rather than combining it with the daily fozzy
DislikedHi guys, I thought I will post this here. I studied the daily version but I've been trading live on 4H. I took the same same Fozzy configuration and placed it on my 4H chart and saw alot of trade opportunities today 10AM MTN but I went with EUR/JPY.
Fozzy 4H works! I just used MACD for confirmation.
+92pips gained.Ignored
Dislikedramrocket.............I'm not sure how you did this because I did not get a valid signal on the 4 hour chart until the very long down candle was complete. However, there was a 'sell' signal on the 1 hour and the price broke below the trend line on the 4 hour. Either way..............well done!Ignored
DislikedBeach, I'm not sure if we have a diff in charting but it was a beautiful signal with a small round top of the MACD pattern. The pair still going +10 pips since I closed. I am now eye'ing cad/jpy, gbp/usd for a long signal.
I like 4H - I won't hesitate trading this system using this time frame.Ignored
DislikedHi ramrocket
You have taken a trade which has been very good, however even on your chart the fozzy signal appears at the close of the very long bar where in fact you have taken your profits.
The entry was not a confirmed fozzy signal.Ignored