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The Daily Fozzy Method

  • #901
  • Nov 14, 2006 9:51am Nov 14, 2006 9:51am
Make mine a James Squire Amber Ale.................

Quoting ratherbesailing
G'Day BB


I'm all about fishing so I can feed myself and in time, others. Thanks for the locals choice of bait, will be looking forward to having you over for a Tuna steak........and a beer!!!

Regards

RBS
  • #902
  • Nov 14, 2006 10:38am Nov 14, 2006 10:38am
Paul,


a novice suggestion -

me thinks you entered the trade a candle early. i think the trade should be entered tomorrow since in my charts the cross is still forming.

fozzy's post 52 is instructive on when to enter a trade. i tried to explain it more crudely in my post 884 when i mentioned the 3rd candle entry..

i am a novice so my comments should be considered with sufficient caution

my charts are metatrader running on GMT
Attached Image
  • #903
  • Nov 14, 2006 11:15am Nov 14, 2006 11:15am
If you check the chart i posted, you'll see that there was a cross between the prior two days, with today being the day to enter. As beachbum pointed out, this is one of the differences that crops up when you use different feeds with different bar times. On mine, it's already crossed, and on yours and beachbums, it's crossing now.

I'm going to re-enter tonight, depending on the action. My charts are GMT-4.

Quoting coolshades
Paul,


a novice suggestion -

me thinks you entered the trade a candle early. i think the trade should be entered tomorrow since in my charts the cross is still forming.

fozzy's post 52 is instructive on when to enter a trade. i tried to explain it more crudely in my post 884 when i mentioned the 3rd candle entry..

i am a novice so my comments should be considered with sufficient caution

my charts are metatrader running on GMT
So far so good.
  • #904
  • Nov 14, 2006 11:30am Nov 14, 2006 11:30am
got another 28 pips of the cable.. i frankly lost my nerve and cashed out early. i think at one point the cable gave +100 pips using fozzy on the gmt charts.

i am still in on the eurusd and usdchf trades.. how about you paul?

i also finally finished reading this thread end to end today and while it teaches a lot about trading, i think its also an ode to determination to be better traders and humility that market forces can have their occassional day..(hmm.. thats too soapboxy).

all newbies should read this thread before experimenting with various systems.

beach - somewhere you mention maintaining a journal. is that in the public domain?
  • #905
  • Nov 14, 2006 11:45am Nov 14, 2006 11:45am
Sorry cool................it's a private journal.


Quoting coolshades
beach - somewhere you mention maintaining a journal. is that in the public domain?
  • #906
  • Nov 14, 2006 2:55pm Nov 14, 2006 2:55pm
np beach.

btw was going thru your posts on fozzy. you take all crosses dont you regardless of bollinger and you use fibo and vegas for t/p.. do you use anything for trade confirmation or the cross is confirmation alone?

sorry if this has been asked and answered earlier
  • #907
  • Nov 14, 2006 3:43pm Nov 14, 2006 3:43pm
First of all........you need a "cool" avatar to go along with your "cool" name......

I will NOT trade INTO the Tunnel if closer than about 50 pips and I will NOT trade "outside" the extreme fib levels. Otherwise, I take ALL crosses regardless of the Bollinger Bands. Look for "patterns" in the chart history for guidance.


Quoting coolshades
np beach.

btw was going thru your posts on fozzy. you take all crosses dont you regardless of bollinger and you use fibo and vegas for t/p.. do you use anything for trade confirmation or the cross is confirmation alone?

sorry if this has been asked and answered earlier
  • #908
  • Nov 14, 2006 4:19pm Nov 14, 2006 4:19pm
Jjlowder !!!

Thank you, thank you! It works great!

Quoting jlowder
I took the original Fozzy indicator someone uploaded to this thread and added the alert on cross functionality.

Jason
"Though this be madness, yet there is method in it." -Hamlet Act II
  • #909
  • Nov 14, 2006 4:27pm Nov 14, 2006 4:27pm
Quoting Gee Seven
Jlowder !!!

Thank you, thank you! It works great!
Glad I could help.

Jason
  • #910
  • Edited 5:02pm Nov 14, 2006 4:44pm | Edited 5:02pm
I have the perfect avatar for coolshades... LOL

sorry for off topic... will delete the post my bad


Quoting BeachBum
First of all........you need a "cool" avatar to go along with your "cool" name......

I.
Attached Image
  • #911
  • Nov 14, 2006 5:33pm Nov 14, 2006 5:33pm
OK.............there is an advantage to receiving "instant notification" of a new post in a subscribed thread.

It seems I have an email about a post from my "stealthy" friend smjones. He has an idea for the perfect avatar for coolshades. But he must have changed his mind about it and removed the post. Hmmmmm????????

Come'on Scott...............give it up. What was it? A little too provocative? Or outrageous? I'm sure I'm not the only one who knows about the "vanishing" post! ..........................

Oh...........if only I had a moderator's power. What I could do!
  • #912
  • Nov 14, 2006 6:24pm Nov 14, 2006 6:24pm
The last Fozzy trade on GBPUSD yielded an average of 45 pips. At 40 pips, 1/2 the position was taken out, stops moved to breakeven. Trailing started and the price came back on the whipsaw to stop me out at +50 pips. The USDCHF and EURUSD trades did not fare well. This was a demo account as I'm forward testing the EA's.


Quoting coolshades
got another 28 pips of the cable.. i frankly lost my nerve and cashed out early. i think at one point the cable gave +100 pips using fozzy on the gmt charts.

i am still in on the eurusd and usdchf trades.. how about you paul?

i also finally finished reading this thread end to end today and while it teaches a lot about trading, i think its also an ode to determination to be better traders and humility that market forces can have their occassional day..(hmm.. thats too soapboxy).

all newbies should read this thread before experimenting with various systems.

beach - somewhere you mention maintaining a journal. is that in the public domain?
  • #913
  • Nov 14, 2006 6:47pm Nov 14, 2006 6:47pm
Ok BB there it is...lol
  • #914
  • Nov 14, 2006 7:27pm Nov 14, 2006 7:27pm
Quoting coolshades
...
i am still in on the eurusd and usdchf trades.. how about you paul?
...
smjones i love that avatar for cool.

cool- I entered usd/chf today, as the cross formed yesterday. Sorry for throwing you off earlier, my charts are a bit different from yours. However, i entered eur/usd and it's going sideways, basically.
So far so good.
  • #915
  • Nov 14, 2006 8:20pm Nov 14, 2006 8:20pm
Thanks for sharing all of your hard work. What version of the Vegas indicator are you using? <?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /><o></o>
  • #916
  • Nov 14, 2006 8:36pm Nov 14, 2006 8:36pm
Scott..............I was thinking of something more like this:

Quoting smjones
Ok BB there it is...lol
PS............cool, you know we are just teasing you. But seriously, you should pick a nice avatar for yourself because you've already seen what your "friends" at FF come up with.........lol!
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  • #917
  • Nov 14, 2006 9:29pm Nov 14, 2006 9:29pm
Ok I can't resist
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  • #918
  • Nov 14, 2006 10:38pm Nov 14, 2006 10:38pm
Quoting sami772
Hi BB

In attach I found two different signals for each platform I use interbank platform demo and stratgeybuilder platform, and as you see each one give different result,

So can you help to guide me what is the best one and can you give the last fozzy template, to make shore it is the same one I use,

<?xml:namespace prefix = o /><o></o>
Can you tell me how to put the Bolinger bands and MAs into your RSI part of the Interbank chart. Client services at Interbank can't seem to tell me how to do it.
Thanks
  • #919
  • Nov 14, 2006 10:48pm Nov 14, 2006 10:48pm
Quoting leslyn
Can you tell me how to put the Bolinger bands and MAs into your RSI part of the Interbank chart. Client services at Interbank can't seem to tell me how to do it.
Thanks
In the Navigator side bar click in the Indicators submenu (not the custom indicators) and drag it into the RSI subchart, choose apply to first indicator data. Do the same with the Bollinger.
  • #920
  • Nov 15, 2006 12:15am Nov 15, 2006 12:15am
Quoting milan47
In the Navigator side bar click in the Indicators submenu (not the custom indicators) and drag it into the RSI subchart, choose apply to first indicator data. Do the same with the Bollinger.
Thanks, but this doesn't work. Even tho I drag it to the RSI subchart it goes onto the main chart. I am using version 3.83. Any other thoughts.
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