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Anyone here trading the OzFX systems? Forex System - OzFx - Free Forex Currency Trading Signal is the site. Check it out if you haven't already as they are very profitable and easy to setup and use. The systems are free and all he asks in return is that you help donate to World Vision to sponsor children.
I am using it, but with a few additions for filtering.
It also works quite well on a 4 hour timeframe.
What sort of filtering are you using?
I took an nzd/cad short tonight and last night eur/usd short that's going nicely :)
I use CCI and a couple of WMA's as a kind of 'tunnel' to filter out a lot of bad trades.
This system has made me lean more towards longer term trading as it is much less stressful compared to watching 30 min and hourly charts.
True. Looking at daily charts once per day, then 4H charts once or twice per day is far less stressful and ultimately, way more profitable than scalping.Quote:
Originally Posted by investor
I don’t use too much of filters because I am not used to them. But on the FreshForex platform, there are several indicators you can use and get the ideal result, without the need to start to filter out anything.
Sketch out a loss plan to gain Forex trading. This plan is effective for traders as long as they take lessons from every single mistake. It will gradually increase your trading risk, provided that you stick to taking lessons from every single mistake. FXOpulence offers a technical errors-free trading platform and two types of accounts including ECN and classic.
Forex trading can indeed be highly profitable when we understand and master everything correctly. That's why I continue to study diligently and accurately with Tickmill as my broker.