Aaagh!! This #$*@ kills me. I was just going by the new daily bar that starts on FXDD at 0000 which is 1700 EST....
The 4 Hour Fozzy Method 233 replies
FOZZY Method CROSSES 808 replies
Fozzy Alt... one more approach to the Daily Fozzy Method 40 replies
My Daily Fozzy Trades 337 replies
Monthly Fozzy Method 9 replies
Quoting PalmerDislikedOK...let me clear up this can of worms. I'm not trying to modify anything, I'm just double checking that what I see coincides with the rules stated.
The RSI and its MA are below the middle BB.
I use FXDD and there day starts at 1700 EST USA which is 0000 GMT. With FXDD's data on 10/13 the RSI was at 27 and the MA was at 31 on the close.
On 10/16 the RSI was at 34 and the MA was at 32 on the close at 0000 GMT; the RSI crossed above the MA for a long signal.
On 10/17 (Today according to FXDD) you would enter long on the open of the 0000 GMT bar.
Just double checking...Ignored
Quoting PalmerDislikedstockwet:
I looked back and said that GMT to EST incorrectly, thanks for clearing that up for me. I've got a time chart
that that has the conversions and whad'ya know 0000GMT = 2000EST.
turin0107:
Since FXDD begins their daily bars at 0000 FXDD time which is 1700EST (2100GMT), I'm not sure how to go about
figuring out the time discrepency with FXDD being GMT + 3. It may not matter. It sounds like you are seeing
the same numbers that I am and looking back at the daily charts, Fozzy still looks like a good method to follow....Ignored
Quoting PalmerDislikedstockwet:
I looked back and said that GMT to EST incorrectly, thanks for clearing that up for me. I've got a time chart
that that has the conversions and whad'ya know 0000GMT = 2000EST.Ignored
Quoting BeachBumDislikedBecause we are not all on the same time frame with our charts, we are going to get different signals at different times. How this will impact using the "fozzy" method over a long period of time, remains to be seen. But I don't think it is difficult to set up the charts using fozzy's preferred indicators and then watching for the correct signals. Or, we can use one of the excellent Indicators prepared and provided for us by stockwet (see his thread for fozzy indicators).
4rex: GMT+2 is 6PM ESTIgnored
Quoting PalmerDislikedI agree, whenever your daily bar begins your stuck with that unless you want to change brokers.
Trade on.Ignored
Quoting stockwetDislikedI know. This whole time conversion stuff is just painful for everyone. I still have to check my reference time site every once in a while.Ignored
Quoting stockwetDislikedBB,
You've done an excellent job on several occassions citing your "add-ons" to the system. Thanks for doing that. It's very helpful and does a lot to minimize confusion.
The EA works great. It kept me out of what I would call the "false" signals late last week and successfully entered trades yesterday. I'm up on all the pairs Fozzy got in on, though, I don't know if my EURUSD trade is going to pan out given the news.
For those who are interested, I'll be posting the most recent version (unless I already did - these things tend to merge together in my mind) which includes an option to receive alerts via email and to turn live trading off. So, you can run the EA and just get an alert that a cross occurred and input the trades yourself. It will be up on the Fozzy EA thread.
Regards,
stockwetIgnored
Quoting BeachBumDisliked
Tues-Wed 10/10-11
eur/cad....................still open (currently +28)..............closed +100
eur/jpy.....................still open (currently +32)..............closed +100
gbp/jpy(F)................still open (currently -14)...............closed B/E
aud/nzd....................B/E
Wed-Thurs 10/11-12
cad/jpy.....................still open (currently even).............closed +100
Thurs-Fri 10/12-13
eur/usd.....................still open (currently -49)...............still open even
gbp/usd....................still open (currently -29)...............still open +25
usd/chf.....................still open (currently -49)...............still open +30
usd/jpy(F).................still open (currently -31)................still open +70
aud/usd(F)................still open (currently even)..............still open +25
usd/cad(F)................still open (currently -36)................still open -45
nzd/usd(F)................still open (currently -34).................still open +45
Booked for the week:...................132 pips
Open trades:..............................(-182 pips)
Week ending 9/30.................+202
Week ending 10/6.................+462
Week ending 10/13...............-50
Three week total:.................+614Ignored
Quoting stockwetDislikedBB,
You've done an excellent job on several occassions citing your "add-ons" to the system. Thanks for doing that. It's very helpful and does a lot to minimize confusion.
The EA works great. It kept me out of what I would call the "false" signals late last week and successfully entered trades yesterday. I'm up on all the pairs Fozzy got in on, though, I don't know if my EURUSD trade is going to pan out given the news.
For those who are interested, I'll be posting the most recent version (unless I already did - these things tend to merge together in my mind) which includes an option to receive alerts via email and to turn live trading off. So, you can run the EA and just get an alert that a cross occurred and input the trades yourself. It will be up on the Fozzy EA thread.
Regards,
stockwetIgnored
Quoting 4rexDislikedBBum,
Thanks for the heads up... so I guess StrategyBuilderFX must be GMT+1 because my new daily bar will start at 5:00pm Eastern Standard Time here in Naples, Florida. Please correct me if I am incorrect.
ThanksIgnored