)Hi BB
This pair did cross on my chart, but sitting on Vegas daily.. Any comments?
thank you
I don't like "back-to-back" signals! Look at the history of any pair and you will see that when this happens it's a crap shoot. I like some space and THEN a signal. (oops, did I just post something I haven't commented on before? I have to be a careful poker player and not show all my cards..........
Thank you. A nice addition to " What will BB not do" file.. Listed in alphabetical order. Soon to be published by the Library of Congress. Feel free to release more clinically proven and confidential secrets.
Thank you
Thank you
Getting my ass kicked!!!!
I entered all of these positions last night on IBFX MT4 Platform GMT time zone. Looks like I could go 0 for 8 on this round. Did anyone else enter these trades? If not since there were signals on all of them can you please let me know why you stayed out so I can make better decissions in the future? Was this just a fluke? I am going to start posting all of the crosses I see every night on this thread. Hopefully we can have descussion on the signals.
To me, it's stuff I've noticed and picked up along my short journey.
G'day Joe,
With my limited trading experience in mind, I'll tell you why *I* didn't take that Fozzy trades. The fall in the yen pairs on the previous bar was the catalyst for those trades triggering. The fall was caused by news. The ranges on those bar were anywhere from 80-150 pips. Recalling previous news moves (and not necessarily the yens) there's almost always a retrace after a big move no matter what the direction. In previous weeks when similar scenarios occurred, the result was exactly as seen here - all pairs retraced hitting all SL's. JUst go back and see what happend a few weeks back when the Dow tumbled. Sure, fozzy trades were signalled but the WHY is the important bit here.
As BB said, it's a fluke but it happens. If it'd been 2 or 3 pairs, I'd have been in there right along side ya. But ALL the yen pairs? Something's gotta be up.
And, most importantly (and it's something I gotta drum into my thick skull), NOT being in a trade is a position as well. That's come up a lot over the last week or so for me.
Mate, I hope this doesn't sound like preaching coz I'm in no position to do that - just ask my account balance!
Cheers,
Art...
I like the EUR/CAD...........all my indicators point up. It may take a few days to develop, but I believe it's headed that way. A more conservative approach would be to wait one more day...............but then I've never really been accused of being conservative...............
PS.....
USD/JPY.....
EUR/GBP.....
AUD/NZD.....
OK, I got hammered on this one! This HAS been a difficult Fozzy week. Fortunately I have had some success this week, but it HAS been a struggle. My EUR/GBP is doing well and should be able to recoup my loss on the EUR/CAD.
G'day Joe,
With my limited trading experience in mind, I'll tell you why *I* didn't take that Fozzy trades. The fall in the yen pairs on the previous bar was the catalyst for those trades triggering. The fall was caused by news. The ranges on those bar were anywhere from 80-150 pips. Recalling previous news moves (and not necessarily the yens) there's almost always a retrace after a big move no matter what the direction. In previous weeks when similar scenarios occurred, the result was exactly as seen here - all pairs retraced hitting all SL's. JUst go back and see what happend a few weeks back when the Dow tumbled. Sure, fozzy trades were signalled but the WHY is the important bit here.
As BB said, it's a fluke but it happens. If it'd been 2 or 3 pairs, I'd have been in there right along side ya. But ALL the yen pairs? Something's gotta be up.
And, most importantly (and it's something I gotta drum into my thick skull), NOT being in a trade is a position as well. That's come up a lot over the last week or so for me.
Mate, I hope this doesn't sound like preaching coz I'm in no position to do that - just ask my account balance!
Cheers,
Art...
Fozzy people,
I have found myself chasing recent posts all over the different Fozzy threads. I post in one, and get the response to my post in another one. I read one interesting post and when I go back to look for it i have to go through all the "fozzies" cause I forgot in which one was it.
Here is my suggestion, can we limit our posts to one thread? In that way, all of us, that are following fozzy can be up to date in what is happening and not missing important coomentaries.
I do not know if this is sacrilege....just a suggestion
"discretion" as it seems that the technicals of this system are hard to beat and the trick lay in picking the winners
