Mate, I laughed even before seeing your reply knowing full well you were going to reply. I'm all for helping new people to the site and new traders. Hell, I'm still a new trader. I expect to get some assistance when I ask a question. But, ...

The Daily Fozzy Method

This is a trap that a lot of new Fozzy traders fall into. The system is a daily system and works off the close of the daily candle. It's no good getting all excited and hyped over a potential cross because, as in this case above pointed out by ...

FOZZY Method CROSSES

Fozzy trades yesterday and today — G'day all, Yesterday (26/6) the Fozzy EA v2.2 got me into AUDCAD, EURJPY, GBPJPY & USDJPY all short. All turned out to be winning trades. All except the AUDCAD were exited on the same bar. Today (27/6) the EA ...

FOZZY Method CROSSES

G'day Woopy, A bit of light reading on your part would have answered most of these questions of yours. My answers are in red. Cheers, Art...

The Daily Fozzy Method

Trades for week ending 22/6/2007 — G'day all, I had a very poor Fozzy week last week, and the fact that I could only trade up until Thursday didn't help the situation. The results were as follows: Open trades from last week that closed: ...

Art's REAL life Fozzy adventure

G'day Brolin, This is not meant to offend, merely a statement. Trades like this are a dime a dozen. I can safely say I've had a couple of dozen of my trades mimic the above scenario. This is all part and parcel of trading. They way I see it, we as ...

FOZZY Method CROSSES

Come and have a chat — G'day all, I think the Fozzy chat group is a great idea for all, but especially those new to the system. It's a place where you can ask questions from those are trading the system, albeit with their own little twist. All ...

Fozzy Chat Room

Trades for week ending 15/6/2007 — G'day all, Following are the Fozzy trades I took for the week: 12/6/07 - EURCAD Short @ 1.4141 - SL hit @ 1.4205: -64 13/6/07 - AUDJPY Short @ 102.08 - SL hit @ 102.65: -57 13/6/07 - GBPUSD Long @ 1.9744 - SL ...

Art's REAL life Fozzy adventure

G'day Bytebodger, Personally, I pay attention to the range of the bar on which the cross, and hence the signal, happened. If it's "considerably" more than the average range for the pair, I skip it. Of course, "considerable" is a subjective term. ...

FOZZY Method CROSSES

G'day Alex, I just went through my trades and only a few match what you have shown. Firstly, upto now I haven't been trading any swissy based pairs as they didn't forward test well for me, but they were all winners for you this week. However, I have ...

Art's REAL life Fozzy adventure

G'day Bytebodger, This has been my biggest "problem" todate - moreso, the TP part of the equation. Throughout the forward test and since going live I have used the default values of the EA for TP1 and TP2 - 40/130. After a lot of testing they ...

The Daily Fozzy Method

Week ending 8/6/2007 — G'day all, This week was a very slow week for my Fozzy. It was so slow I actually made the mistake of taking some non-fozzy trades around news times (that's 2 big woopsies for me). No damage done, but there could have ...

Art's REAL life Fozzy adventure

G'day Bb, But no matter which way you slice it, you do have to figure it out for yourself! Anything else is lunacy. If I, and 5 others say that we've consistently made 5% per week will you immediately start trading it on a live standard account? I ...

how successful has fozzy been to you

G'day RandomLight, Mate, nobody owes you a bone. Here or anywhere else. Do your research. If you had you'd know there's a couple of journals floating around documenting (to varying degrees) their fozzy trades. Mine is one of those. I trade a live ...

how successful has fozzy been to you

G'day nikim, I use the EA to get me into trades and it does take into account where the cross is in relation to BB mid line. I am still with interbankfx. I have chosen to not trade on Mondays unless the cross was from the previous bar (not Sunday ...

Art's REAL life Fozzy adventure

G'day Ronyn, From what you've written above I read it as you wanting your trailing stop of 15 to kick in when you're @ +15, correct? With what you've written above though, by setting 0.6808 as your stop once you've reached it, you're leaving ...

The Fozzy EA

G'day BB, I have come to realise this. I thought I could "pick" which trades to go with and which to avoid but if you pick wrong, you're toast! Best to let the Fozzy pick and your SL will weed out the bad ones. Cheers, Art...

Art's REAL life Fozzy adventure

G'day Alex, For me, it's good to see my own results reproduced by others. However, the above scenario has more to do with me and the way I'm trading fozzy (SL's too tight maybe, TP levels too ambitious?). Nonetheless, it wasn't working the way it ...

Art's REAL life Fozzy adventure

Week ending 25/5/2007 — G'day, Last week was a mixed bag, but overall it was a losing week: # Winning trades: 52 # Losing trades: 32 # BE trades: 12 Move from previous week (%): -1.69% Acct Increase (%): -8.57% MaxDD (%): -11.36% Cheers, Art...

Art's REAL life Fozzy adventure

Correct. Bad choices in lot size had a lot to do with this. For example, my first ever live trade accounts for 3.56% of that loss. Looking back through the trades, the biggest issue has been that even though my first TP target was reached often and ...

Art's REAL life Fozzy adventure