Making use of charts which are free and user friendly, the Daily Fozzy Method walks users through chart set up in preparation of entering trades. The Fozzy Method is a Forex trading system using daily charts and an RSI/Moving Average crossover.
The method uses 8 period RSI with an 8 period exponential moving average laid over it. Average True Range is employed to help estimate exit levels. The entry signal occurs when RSI crosses its moving average. When RSI crosses its moving average from below a buy signal is generated, when it crosses from above a sell signal is generated. ... download the eBook to read more
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