59# OZ FX Trading System

Submit by Joy 22 (Written OZFX) 06/12/2011

 

 

Setup:

  • Open up a daily or 4H chart, curency pairs any.

  • Apply Bill Willam’s Accelerator Oscillator (AC).

  • Apply Stochastic with setting 5,3,3 on top of AC. Use the template if don’t know how to.

Short Entry: RED AC below 0 and Stot below 0
Long Entry: Green AC above 0 and Stot above 0
Exit: OppsiteBuy/Sell signal or as per Money Management.
Filter: Apply 200SMA. If price is below 200SMA then only take short trades. If Price is above 200SMA then only take long trades.


Money Management:

  • Trade with 5 Lots with Stop Loss 100 pips away

  • Take Profit on 1st Lot at 50 pips. Move Stop Loss to Break Even (BE).

  • Take Profit on 2nd Lot at 100 pips.

  • Take Profit on 3rd Lot at 150 pips.

  • Take Profit on 4th Lot at 200 pips.

  • Let the 5th Lot run until you see an opposite entry signal.

The Risk/Reward ratio turns out to be 1:1 or better depending on your 5th Lot. Since we trade on daily and would only take  trades with high probability of success, 1:1 would work just fine.


 

In the pictures below OZ FX Trading System in action.

OzFx Forex System
OzFx Forex System.pdf
Adobe Acrobat Document 119.0 KB
OzFx Squeeze-More + Sample Trades
Trading System
OzFx Squeeze-More + Sample Trades.pdf
Adobe Acrobat Document 470.5 KB
ozfx-squeezemore
trading indicator
ozfx-squeezemore.zip
Compressed Archive in ZIP Format 1.1 KB
OzFx-template
Forex System
OzFx-template.zip
Compressed Archive in ZIP Format 937 Bytes
Sample Trades
Sample Trades.pdf
Adobe Acrobat Document 231.2 KB
Advance Stop Loss.
Advance Stop Loss.pdf
Adobe Acrobat Document 62.9 KB

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