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lrathi · #**121** 13-03-2009, 04:23

another visual aid I use to help me is to look bullish/bearish divergence. This clearly showed BULLISH DIVERGENCE and therefore a very profitable trade which the ASHFX2 signal lined up

lrathi · #**122** 13-03-2009, 04:28

Look at NZDCHF and AUDCHF daily charts. Usually one follows the other.

lrathi · #**123** 13-03-2009, 04:41

Quote:

Originally Posted by mikec

Ash, do you have any suggestions on how to determine previous swing high/low?

I am not Ash but I find this indicator very useful

lrathi · #**124** 13-03-2009, 04:54

I have included daily and 4 h charts showing bearish divergence on the recent chfjpy trade. 4h chart is more clear.

lrathi · #**125** 13-03-2009, 05:19

See chart attached

drbsprasad · #**126** 13-03-2009, 05:29

Quote:

Originally Posted by ashfx

the loosening of the psar was done after lots of testing, and this was found to be the best parameter. In addition, the previous system entered before the awesome turned red/green. This system waits for the awesome to come into line, so actually, you'll find there are slightly less signals.

And by "first sign of profit", this doesn't necessitate that the reward/risk ratio will be reduced at all, because we close at the end of the day, whether it's 30pips profit, or 300pips profit. The tp is based on price action, it's not fixed like it was before.

can i take 25% of the day's atr value as my stop loss level.

lrathi · #**127** 13-03-2009, 05:34

See chart attached.

SmartFx · #**128** 13-03-2009, 06:20

Quote:

Originally Posted by okeydokey

How did you get a margin call?

You must have been trading HUGE lots!

Two trade got together to margin me out... my account is small at the mo that am running on AshFX

64141449 2009.03.10 23:57 sell 0.10 usdcad 1.2803 0.0000 0.0000 2009.03.12 11:02 1.2931 0.00 0.00 0.18 -98.99
64141460 2009.03.11 21:26 sell 0.10 usdcad 1.2900 0.0000 0.0000 2009.03.12 11:02 1.2931 0.00 0.00 0.09 -23.97
64277249 2009.03.12 02:52 buy 0.10 eurchf 1.4800 0.0000 0.0000 2009.03.12 11:02 1.4775 0.00 0.00 0.00 -21.57

Funny all this trades turned my direction later.. This proves ASHFX works for those non believer, it needs patience and good collaboration

Always

lrathi · #**129** 13-03-2009, 06:37

Quote:

Originally Posted by SmartFx

Two trade got together to margin me out... my account is small at the mo that am running on AshFX

64141449 2009.03.10 23:57 sell 0.10 usdcad 1.2803 0.0000 0.0000 2009.03.12 11:02 1.2931 0.00 0.00 0.18 -98.99
64141460 2009.03.11 21:26 sell 0.10 usdcad 1.2900 0.0000 0.0000 2009.03.12 11:02 1.2931 0.00 0.00 0.09 -23.97
64277249 2009.03.12 02:52 buy 0.10 eurchf 1.4800 0.0000 0.0000 2009.03.12 11:02 1.4775 0.00 0.00 0.00 -21.57

Funny all this trades turned my direction later.. This proves ASHFX works for those non believer, it needs patience and good collaboration

Always

this link may help to calculate position size. I trade 1% each trade.
Position Size Calculator, Forex Position Size Calculator

lrathi · #**130** 13-03-2009, 06:49

Position sizing in risk management - Mataf.net

yosih36 · #**131** 13-03-2009, 08:02

Quote:

Originally Posted by AshFX

Ok guys, update on these two trades from last night. I have closed half my position on both of them, and moved SL to BE.

Great

Very nice day

Congratulations...

Ben920FX · #**132** 13-03-2009, 09:23

Okay guys, we got another good set up building, this time it is CADJPY. If the candle will close as bullish, I will definitely enter this one. To those who missed the EURCHF signal, this might be a good one. :)

db-trader · #**133** 13-03-2009, 09:34

Quote:

Originally Posted by Ben920FX

Okay guys, we got another good set up building, this time it is CADJPY. If the candle will close as bullish, I will definitely enter this one. To those who missed the EURCHF signal, this might be a good one. :)

Thank you Ben920FX for sharing this with us. Much appreciated

SteveHopwood · #**134** 13-03-2009, 10:07

Thanks for posting this, Ash. I am new here, and new to this system - came via a link a pal sent me to direct me to your thread at FF. I am looking forward to trying it out.

:)

jimmi2 · #**135** 13-03-2009, 12:26

Ash,

Thanks for posting the new version, but my PC refuses to open the zip files. I can insert the indicators manually of couse, but could you kindly post a copy of the instructions?
Many thanks

waybeck · #**136** 13-03-2009, 13:17

Quote:

Originally Posted by Ben920FX

Okay guys, we got another good set up building, this time it is CADJPY. If the candle will close as bullish, I will definitely enter this one. To those who missed the EURCHF signal, this might be a good one. :)

Would definitely have to see a break of 78.00 level, as we could possibly see a bearish turn...........

AshFX · #**137** 13-03-2009, 14:35

Quote:

Originally Posted by mikec

Ash, do you have any suggestions on how to determine previous swing high/low?

Here's a definition.

Swing High

AshFX · #**138** 13-03-2009, 14:36

Quote:

Originally Posted by jimmi2

Ash,

Thanks for posting the new version, but my PC refuses to open the zip files. I can insert the indicators manually of couse, but could you kindly post a copy of the instructions?
Many thanks

Ok, I've uploaded them as individual files, on the first post.

Let me know if you're still having issues.

lrathi · #**139** 13-03-2009, 14:53

Quote:

Originally Posted by Ben920FX

Okay guys, we got another good set up building, this time it is CADJPY. If the candle will close as bullish, I will definitely enter this one. To those who missed the EURCHF signal, this might be a good one. :)

Looking good . Price already broken trendline. Weekly trend is UP as well. However, Stochastics looks in the OB zone.

Done some fib studies and found a fib cluster using weekly 38% retracement and daily fib 127% ext. Profit target = $83.16 to $83.68. (LONGER TERM)

forexme · #**140** 13-03-2009, 15:06

hi
it is really a great system....thanks more than much...
dear Ash I need to know exactly where to put my stoploss? as far as I understand it should be in the previous day h/l , correct me if I am wrong pls.
and one more thing , does the system work with gold ,oil, indices and stocks?
please I need your answer.
thanks again for the great system
keep going on to more success
best wishes to all

forexme:)

dryclean · #**141** 13-03-2009, 15:41

If there is a set up for a buy or sell on fri
do you take it monday or never do that over a week end

benscoobert · #**142** 13-03-2009, 18:21

Quote:

Originally Posted by dryclean

If there is a set up for a buy or sell on fri
do you take it monday or never do that over a week end

The open of the new candle, which for me on Alpari is 11pm GMT Sunday night

EDIT: although that is Mondays candle with alpari

hedgehog · #**143** 14-03-2009, 06:08

Hi all:

I recall reading that many here are enthusiastic about having a signaling service for AshFXv2.

So I have started a live forum on Skype. Although I know that Ash would like us to post here on matters relating to AshFXv2, I thought with Skype we could IM each other as traders and share our thoughts and teachings live. The link is here and at the moment requires permission to join.

Honestly I would like to talk to traders live especially the creator of the system. I know of a few scalping systems which have public chats on Skype.

Join Public Chat

Tell me if this is a good idea.

Thanks.

lrathi · #**144** 14-03-2009, 06:26

Quote:

Originally Posted by hedgehog

Hi all:

I recall reading that many here are enthusiastic about having a signaling service for AshFXv2.

So I have started a live forum on Skype. Although I know that Ash would like us to post here on matters relating to AshFXv2, I thought with Skype we could IM each other as traders and share our thoughts and teachings live. The link is here and at the moment requires permission to join.

Honestly I would like to talk to traders live especially the creator of the system. I know of a few scalping systems which have public chats on Skype.

Join Public Chat

Tell me if this is a good idea.

Thanks.

I think this is a great idea indeed. You can even send charts easily to those on the chat. However, one problem. I get a message that this public chat is not available on the latest version of skype which I have already which is version 4. Sooner or later old versions of skype become obsolete.
Thanks,
What are the other alternatives?

db-trader · #**145** 14-03-2009, 07:06

Quote:

Originally Posted by hedgehog

Hi all:

I recall reading that many here are enthusiastic about having a signaling service for AshFXv2.

So I have started a live forum on Skype. Although I know that Ash would like us to post here on matters relating to AshFXv2, I thought with Skype we could IM each other as traders and share our thoughts and teachings live. The link is here and at the moment requires permission to join.

Honestly I would like to talk to traders live especially the creator of the system. I know of a few scalping systems which have public chats on Skype.

Join Public Chat

Tell me if this is a good idea.

Thanks.

Go for it. I think the idea is brilliant. I trade with a friend who follows his own system and the two of us have learned from each other. I'm also in a Skype room with a few serious traders and what they have taught me has been invaluable. To chat with traders who follow the same system can only make us better traders as we can discuss set ups and why they will or wont work. End of the day the decision to click the buy/sell button is your own.

giovi · #**146** 14-03-2009, 07:52

hi guys , my first post here, i am exeperiment also on H4 .......look this chart if i was correct....setting for long, first bar was red and i didn't the long on second bar...then seccond bar was green and i took the trade on therd bar......am i right ? thanks

Ben920FX · #**147** 14-03-2009, 08:19

Quote:

Originally Posted by Ben920FX

Okay guys, we got another good set up building, this time it is CADJPY. If the candle will close as bullish, I will definitely enter this one. To those who missed the EURCHF signal, this might be a good one. :)

I definitely will not take this trade.

bill77 · #**148** 14-03-2009, 10:35

Quote:

Originally Posted by Ben920FX

I definitely will not take this trade.

Hi Ben, what scared you about this trade, what can you see?

benscoobert · #**149** 14-03-2009, 13:51

I think you missed the move there, look at the size of the wick below the body. I wouldnt enter if i was trading manually.

db-trader · #**150** 14-03-2009, 14:45

Quote:

Originally Posted by lrathi

I think this is a great idea indeed. You can even send charts easily to those on the chat. However, one problem. I get a message that this public chat is not available on the latest version of skype which I have already which is version 4. Sooner or later old versions of skype become obsolete.
Thanks,
What are the other alternatives?

Hi Irathi

I had Skype 4 and didnt like it and reinstalled the older version. There is a website that has all the older versions for download. Lets hope they never remove them.

costard · #**151** 14-03-2009, 17:39

First post here. Great stuff Ash. Thanks.

nano_fx0 · #**152** 14-03-2009, 21:49

Quote:

Originally Posted by AshFX

Correct, AS SOON AS the candle closes, we enter.

Doesn't matter what colour the next day's candle is, for entry, we only look at that initial day's colours.

Hope that helps. Anything you're not sure about, ask away.

ash... thanks for clear explanation.

now I know when to enter the trade, when do we get out and take profit?

lrathi · #**153** 15-03-2009, 06:26

Quote:

Originally Posted by benscoobert

I think you missed the move there, look at the size of the wick below the body. I wouldnt enter if i was trading manually.

On a daily TF: no trade zone.

Included is my TOP to DOWN analysis of this currency. See charts.

From 4h chart: price will initially go down.

to

Monthly chart: Price will likely hit $83ish with very strong resistance.

lrathi · #**154** 15-03-2009, 06:56

Quote:

Originally Posted by db-trader

Hi Irathi

I had Skype 4 and didnt like it and reinstalled the older version. There is a website that has all the older versions for download. Lets hope they never remove them.

Thanks, for this, I will consider if the chat for forexmonents is active.
I do like the many new features for version 4 especially with the webcam video calls and the world wide friends and family I communicate with regularly. Far bigger screen for the video and better resoluton and clarity of sound too!

D_Trader · #**155** 15-03-2009, 12:18

1st post on the forum ... rippa stuff Ash

Will try to contribute where I can...

cheers
D_T

chamane · #**156** 15-03-2009, 13:44

Hi,

Just to clarify. If all the conditions are fullfilled but 1 or two candles after the first PSAR dot, will it be a valid signal then or is it better to wait for a new first PSAR with other indicators already in agreement?

Thanks.

Chamane

lrathi · #**157** 15-03-2009, 14:34

Quote:

Originally Posted by chamane

Hi,

Just to clarify. If all the conditions are fullfilled but 1 or two candles after the first PSAR dot, will it be a valid signal then or is it better to wait for a new first PSAR with other indicators already in agreement?

Thanks.

Chamane

See post 154 for the answer. Also read the first post with pdf manual and example. It is clearly illustrated there.
Hope this helps

benscoobert · #**158** 15-03-2009, 16:45

Quote:

Originally Posted by chamane

Hi,

Just to clarify. If all the conditions are fullfilled but 1 or two candles after the first PSAR dot, will it be a valid signal then or is it better to wait for a new first PSAR with other indicators already in agreement?

Thanks.

Chamane

IT all needs to happen on the same candle. When the candle closes, ie midnight, you open your trade if they are all aligned at the close of the cande.

costard · #**159** 15-03-2009, 17:04

Quote:

Originally Posted by lrathi

On a daily TF: no trade zone.

Included is my TOP to DOWN analysis of this currency. See charts.

From 4h chart: price will initially go down.

to

Monthly chart: Price will likely hit $83ish with very strong resistance.

Thanks for sharing your interesting analysis, Irathi.

I'd be interested in learning who your broker is and where they are based. A 6.5 hours time difference from GMT could work nicely for me on a daily system.

lrathi · #**160** 15-03-2009, 17:12

Quote:

Originally Posted by costard

Thanks for sharing your interesting analysis, Irathi.

I'd be interested in learning who your broker is and where they are based. A 6.5 hours time difference from GMT could work nicely for me on a daily system.

The broker link is below. ActivTrades® is located in London and regulated with the Financial Services Authority, registration number 434413. We offer direct access brokerage on all major financial markets combined with the latest and best integrated platforms/solutions for trading Futures, Options, CFDs and Forex instruments.

ActivTrades Brokers - Trading on Forex, CFDs and Futures with Metatrader

Which part of the world are you?

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