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  #121  
Old 13-03-2009, 04:23
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Default eurchf daily

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
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The AshFX System - Version II-eurchf-ashfx-2.jpg  
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  #122  
Old 13-03-2009, 04:28
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Default If you missed eurchf daily trade

Look at NZDCHF and AUDCHF daily charts. Usually one follows the other.
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  #123  
Old 13-03-2009, 04:41
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Default SWING HIGH/LOW

Quote:
Originally Posted by mikec View Post
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
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File Type: ex4 Dinap_tar[1]._zig_zag.ex4 (3.4 KB)
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  #124  
Old 13-03-2009, 04:54
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Default chfjpy daily and 4h showing divergence

I have included daily and 4 h charts showing bearish divergence on the recent chfjpy trade. 4h chart is more clear.
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The AshFX System - Version II-chfjpy-daily.gif   The AshFX System - Version II-chfjpy-4h.gif  
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  #125  
Old 13-03-2009, 05:19
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Default chfjpy 4h possible re-entry SELL

See chart attached
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The AshFX System - Version II-chfjpy-4h.gif  

Last edited by lrathi; 13-03-2009 at 05:31.
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  #126  
Old 13-03-2009, 05:29
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Default MORE INFORMATION

Quote:
Originally Posted by ashfx View Post
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.
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  #127  
Old 13-03-2009, 05:34
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Default chfjpy daily showing more down movement

See chart attached.
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The AshFX System - Version II-chfjpy-daily.gif  
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  #128  
Old 13-03-2009, 06:20
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Default

Quote:
Originally Posted by okeydokey View Post
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
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  #129  
Old 13-03-2009, 06:37
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Default

Quote:
Originally Posted by SmartFx View Post
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
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  #130  
Old 13-03-2009, 06:49
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Default another risk management link

Position sizing in risk management - Mataf.net
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  #131  
Old 13-03-2009, 08:02
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Default

Quote:
Originally Posted by AshFX View Post
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...
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  #132  
Old 13-03-2009, 09:23
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Default Another good signal cooking

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. :)

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  #133  
Old 13-03-2009, 09:34
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Quote:
Originally Posted by Ben920FX View Post
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
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  #134  
Old 13-03-2009, 10:07
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Default

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.

:)
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  #135  
Old 13-03-2009, 12:26
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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
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  #136  
Old 13-03-2009, 13:17
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Default

Quote:
Originally Posted by Ben920FX View Post
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...........
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  #137  
Old 13-03-2009, 14:35
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Default

Quote:
Originally Posted by mikec View Post
Ash, do you have any suggestions on how to determine previous swing high/low?
Here's a definition.

Swing High
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  #138  
Old 13-03-2009, 14:36
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Quote:
Originally Posted by jimmi2 View Post
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.
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  #139  
Old 13-03-2009, 14:53
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Default CADJPY LONG

Quote:
Originally Posted by Ben920FX View Post
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)
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The AshFX System - Version II-cadjpy.gif  
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  #140  
Old 13-03-2009, 15:06
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Default hi....great work

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:)
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  #141  
Old 13-03-2009, 15:41
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Default Friday

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
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  #142  
Old 13-03-2009, 18:21
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Default

Quote:
Originally Posted by dryclean View Post
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
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  #143  
Old 14-03-2009, 06:08
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Default ASHFX on Skype

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.
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  #144  
Old 14-03-2009, 06:26
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Default

Quote:
Originally Posted by hedgehog View Post
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?
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  #145  
Old 14-03-2009, 07:06
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Default

Quote:
Originally Posted by hedgehog View Post
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.
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  #146  
Old 14-03-2009, 07:52
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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
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The AshFX System - Version II-chfjpy.jpg  
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  #147  
Old 14-03-2009, 08:19
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Default

Quote:
Originally Posted by Ben920FX View Post
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.
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  #148  
Old 14-03-2009, 10:35
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Quote:
Originally Posted by Ben920FX View Post
I definitely will not take this trade.
Hi Ben, what scared you about this trade, what can you see?
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  #149  
Old 14-03-2009, 13:51
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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.
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  #150  
Old 14-03-2009, 14:45
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Quote:
Originally Posted by lrathi View Post
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.
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  #151  
Old 14-03-2009, 17:39
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First post here. Great stuff Ash. Thanks.
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  #152  
Old 14-03-2009, 21:49
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Quote:
Originally Posted by AshFX View Post
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?

Last edited by nano_fx0; 15-03-2009 at 21:21.
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  #153  
Old 15-03-2009, 06:26
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Default cadjpy No trade Zone on daily chart

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Originally Posted by benscoobert View Post
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.
Attached Thumbnails
The AshFX System - Version II-cadjpy-monthly.gif   The AshFX System - Version II-cadjpy-weekly.gif   The AshFX System - Version II-cadjpy-daily.gif   The AshFX System - Version II-cadjpy-4h.gif  
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  #154  
Old 15-03-2009, 06:56
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Default skype v4

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Originally Posted by db-trader View Post
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!
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  #155  
Old 15-03-2009, 12:18
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1st post on the forum ... rippa stuff Ash

Will try to contribute where I can...

cheers
D_T
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  #156  
Old 15-03-2009, 13:44
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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
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  #157  
Old 15-03-2009, 14:34
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Quote:
Originally Posted by chamane View Post
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
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  #158  
Old 15-03-2009, 16:45
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Quote:
Originally Posted by chamane View Post
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.
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  #159  
Old 15-03-2009, 17:04
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Quote:
Originally Posted by lrathi View Post
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.
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  #160  
Old 15-03-2009, 17:12
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Quote:
Originally Posted by costard View Post
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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