[QUOTE=lrathi;3439]Neo and others new to the system.
The key to the sucess to this strategy is learning and applying S&R into your decision to take the trade or not.
I second that!
A couple suggestions from a fellow noob!
1) Read the AshFXV2 PDF
2) RE read the AshFXV2 PDF All the rules are there! Don't over complicate!
3) Learn about Support and Resistance levels, THIS IS CRITICAL! (also mentioned in the PDF)
4) Study Fibonacci. It seems mystical, but if you look at it long enough it will start to click.
5) Ash mentions in this post about candle bodies, wicks, etc. After 1, 2, 3, & 4, check out some resources on candlesticks.
RE: all the above. If you have not been there yet, BABYPIPS.COM is a great resource. Busy now, but will try to get back with some more noob sites I'm looking at lately.
6) This system rocks. You've found the right place. Linger awhile.
PS: Yen & Irathi, thanks for being so quick to help!
Last edited by 123mcmc; 06-06-2009 at 01:07.
Reason: PS
|