My Daily Fozzy Trades | Page 17 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Mouteki Vs Fozzy 8 replies

The Daily Fozzy Method 2,814 replies

Daily Fozzy on all time frames???? 16 replies

The Fozzy EA 389 replies

Fozzy Alt... one more approach to the Daily Fozzy Method 40 replies

Attachments: My Daily Fozzy Trades
Exit Attachments

My Daily Fozzy Trades

  • #321
  • Feb 15, 2007 12:32pm Feb 15, 2007 12:32pm
Quoting traderone
A buy signal? Looks like if the day continues it would be a sell. But far too early to tell.
Wasn't there a buy signal generated by yesterdays close? I agree with cool that the other signals may offer a better opportunity (cadjpy & chf jpy) but I've always liked to "buy dips" & the gbp sure has that!

shotshell
  • #322
  • Feb 15, 2007 12:38pm Feb 15, 2007 12:38pm
there will be most certainly no willf buy signal on gbpusd today. there needs to be a massive price reversal for that to happen & and rsi needs to cross ma downwards first.

there was a buy signal yesterday.. but not today.

Quoting shotshell
Wasn't there a buy signal generated by yesterdays close? I agree with cool that the other signals may offer a better opportunity (cadjpy & chf jpy) but I've always liked to "buy dips" & the gbp sure has that!

shotshell
  • #323
  • Feb 15, 2007 2:40pm Feb 15, 2007 2:40pm
Quoting coolshades
there will be most certainly no willf buy signal on gbpusd today. there needs to be a massive price reversal for that to happen & and rsi needs to cross ma downwards first.

there was a buy signal yesterday.. but not today.
And I took that signal. Currently down 93 pips but is slowly pulling back. It did at one point come within 3 pips of my stop.
  • #324
  • Feb 15, 2007 3:10pm Feb 15, 2007 3:10pm
oh i am in it too.. i also took quite a few of the eur trades of this week and last week and eur is not my fave currency now

Quoting willf
And I took that signal. Currently down 93 pips but is slowly pulling back. It did at one point come within 3 pips of my stop.
  • #325
  • Feb 15, 2007 3:50pm Feb 15, 2007 3:50pm
Quoting willf
And I took that signal. Currently down 93 pips but is slowly pulling back. It did at one point come within 3 pips of my stop.
Some currencies are very volatile and typically retrace the previous day's candle before moving in the right direction. GBP/USD is one of them. That's why I never get in at the close price. I got in at 1.9580. I'm still losing on this one, but it's not as painful.
Hi, my name is Barry and you can keep your doctor...
  • #326
  • Feb 15, 2007 3:55pm Feb 15, 2007 3:55pm
fozzy rocks, im poisoned


happy trading.
Attached Image
  • #327
  • Feb 16, 2007 4:55am Feb 16, 2007 4:55am
stopped out now. chfjpy and cadjpy still in play. never a dull moment.

hope springs eternal as always.

Quoting willf
And I took that signal. Currently down 93 pips but is slowly pulling back. It did at one point come within 3 pips of my stop.
  • #328
  • Feb 19, 2007 2:12am Feb 19, 2007 2:12am
Quoting poekmeister
Here is the summary of my trading analysis. As of this week, I will loose the 50%ATR and original Fozzy exits in keeping records. I will continue to track 70%ATR(20) and my Fibo level exits.

I also simplified my trading rules: only trade with the tunnel, be careful when entering at the outer vegas levels.
Thanks for sharing your results / research, Poekmeister - I really appreciate the detail you keep.

I take trades both into and away from the tunnel and both with and against the weekly trend, although I always know where these are : I am wondering how effective you find your filter to only trade with the tunnel ? As for the outer bands, I like reversal entries provided the RSI is coming back from an extreme (>80 or <20).

J.
  • #329
  • Feb 21, 2007 6:34pm Feb 21, 2007 6:34pm
EURCAD - Short 1.5242; ATR=84 therefore SL=1.5349; TP=1.5195.
Comment: Concerned that the bottom trendline might not be breached. Let’s see!

EURCHF - Long 1.6267; ATR=53 therefore SL=1.6214; TP=1.6305.
Comment: rather than using the vegas fib lines for TP, I used the trendline.

EURJPY - Long 158.86; ATR=109 therefore SL=157.77; TP=159.40
Comment: trendline present, consequently, do not anticipate a huge move up. That's why TP placed just above trendline.

USDCAD - Short 1.1606; ATR=71 therefore SL=1.1677; TP=1.1560
Comment: this could be the start of a big move down, one hopes :-)

USDJPY - Long 120.94: ATR=84 therefore SL=120.10; TP=121.35
Comment: I was really torn between which Vegas fib level to use. Should my TP be at 121.35 or 121.80. In the end I chose 121.35, the safer option.

USDCHF - No Trade
Comment: RSI is below 50. It seems like a good trade since the Solar Wind is about to cross into blue. Furthermore, I have a RSI cross up on the GBPCHF and the EURCHF within the last two days. Let's see and wait; maybe RSI moves above 50.

Comments from all most gladly welcome.
Attached Images
  • #330
  • Feb 22, 2007 4:57am Feb 22, 2007 4:57am
have taken eurcad, usdjpy, usdcad and eurchf.

tped on eurcad and usdjpy at first fib. other 2 trades still in place.
  • #331
  • Feb 22, 2007 4:58am Feb 22, 2007 4:58am
if anyone took these of last week, they are roaring.. recovered quite a few of my lost pips of the previous weeks, in these two pairs.
  • #332
  • Feb 22, 2007 5:47am Feb 22, 2007 5:47am
Quoting coolshades
have taken eurcad, usdjpy, usdcad and eurchf.

tped on eurcad and usdjpy at first fib. other 2 trades still in place.
Absolutely...took the pairs I mentioned above.

Retrospectively looking at USDCHF, the pair I avoided going Long on because RSI was below 50, I can see U?SDCHF turned out to be a winner. Retrospections a great tool, he says sarcastically. If RSI remains above 50 today, then I'll go Long.

Attached Image


What I left out in mentioning yesterday because I was too tired, was that I avoided trading CHFJPY. This is because of the the strong resistance trendline.

Attached Image


Again, all comments gladly welcome.
  • #333
  • Feb 23, 2007 1:20am Feb 23, 2007 1:20am
as i mentioned, there is an argument for taking all trades, which i am currently experimenting with

Quoting Tush
Absolutely...took the pairs I mentioned above.

Retrospectively looking at USDCHF, the pair I avoided going Long on because RSI was below 50, I can see U?SDCHF turned out to be a winner. Retrospections a great tool, he says sarcastically. If RSI remains above 50 today, then I'll go Long.

Attachment

What I left out in mentioning yesterday because I was too tired, was that I avoided trading CHFJPY. This is because of the the strong resistance trendline.

Attachment

Again, all comments gladly welcome.
  • #334
  • Feb 23, 2007 3:20am Feb 23, 2007 3:20am
Quoting coolshades
as i mentioned, there is an argument for taking all trades, which i am currently experimenting with
I wouldn't agree more. I find sometimes that analysis a paralasis and one's got to bite the bullet at some point.

Looking at the charts this morning I can see that CHFJPY has gone through the trendline in a direction that would have been in my favour.
  • #335
  • Apr 28, 2007 9:01pm Apr 28, 2007 9:01pm
Any chance we can revive this thread? I'm beginning fozzy on Monday and need some support and want to offer any support I can! :-)
  • #336
  • Apr 29, 2007 10:04am Apr 29, 2007 10:04am
Hello JD...........

You might find this thread a better choice for daily discussion of Fozzy trades:

http://www.forexfactory.com/showthread.php?t=19282

Quoting JoshDance
Any chance we can revive this thread? I'm beginning fozzy on Monday and need some support and want to offer any support I can! :-)
  • #337
  • Jul 18, 2007 5:45pm Jul 18, 2007 5:45pm
Quoting poekmeister
4. FX SNIPER T3-CCI is a good early indicator.
Hi guys, I am not an MT user, does anyone know of a VT Trader version of this indicator? whats in it? I could possibly write it.

thanks,
  • #338
  • Last Post: Jul 19, 2007 1:53pm Jul 19, 2007 1:53pm
Quoting ramrocket
Hi guys, I am not an MT user, does anyone know of a VT Trader version of this indicator? whats in it? I could possibly write it.

thanks,
Just sign up with a demo account at another broker. that's what i do.
So far so good.
1 trader viewing now