What do you guys think about the EURUSD, AUDNZD, and USDCHF willf crosses right now?
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
Disliked-I may be barking up the wrong tree here, and everyone's setup is different, but on my MTsetup, I'm looking at potential trades in
AUD/USD
EUR/CHF
EUR/JPN
be grateful for informed comments as to why people might not take these-that way I can amend my trade setup and perhaps more importantly, how I am visualising any potential trades.
Many thanks
KermitIgnored
DislikedMike C
Thanks for your input, i see where you are coming from. Perhaps, (although I am a simple soul, so it may have escaped me) there is an 'angle of dangle' measure that can be incorporated so that crosses that are almost horizontal get the thumbsdown, (although they can still be profitable) whereas those that are near vertical are potentially 'better' trades.
I recall that Woodies CCI has an angle measuring device for the moving average, as was incorporated into trading strategies, (on the Trade Navigator package) but we need a kindly programmer to help us out!!Ignored
DislikedJust wondering how others have faired this week? Wednesday's busy news day stopped me out of all positions except the eurcad. Not one of the better weeks but going by the Fozzy threads these weeks are few and far between.
I have taken no trades ydy or today so looking forward to next week and picking up some nice new trades. Have a good weekend everyone!Ignored
DislikedJust wondering how others have faired this week? Wednesday's busy news day stopped me out of all positions except the eurcad. Not one of the better weeks but going by the Fozzy threads these weeks are few and far between.
I have taken no trades ydy or today so looking forward to next week and picking up some nice new trades. Have a good weekend everyone!Ignored
DislikedHad a really poor week myself. But statistically speaking it was due.
Been riding high for quite a few weeks. Came back down to earth with a bump :Ignored
DislikedWillf - I will be implementing your RSI strategy (willf fozzy) as well as your ATR stops. I do have a question - when you use the vegas daily tunnel, do you just use 1, 3 on ALL pairs (both #'s) or do you use what vegas suggested for the majors? (I did see that you use just #1 I believe for two of those CHF pairs).Ignored
DislikedActually, one more quick question
I was looking through some back-history on GJ and noticed that in a heavy trend, during times of consolidation/retracement, the rsi crosses back down. Then once the trend continues, it crosses back up - all of this while still being above 50rsi. Has anybody considered adding to their position each time this happens? If so, what were the general results? It seems to me that this would definitely increase the profit with minimal risk...
Thanks,
Derek
Ignored