Quote:
Originally Posted by AshFX
Ok, so today we have 4 setups on the AshFX V2 System:
- SELL EUR/USD
- SELL AUD/USD
- SELL NZD/USD
- BUY USD/CHF
For the EUR/USD, the candle is too long, plus it's basically just bounced off the 38.2 Fib line, so a bit of a risky setup.
The AUD/USD looks like a good setup, the candle isn't too long, the Stochs look smooth, and the upper wick is longer than the lower wick. I'll be entering this.
The NZD/USD looks OK, not as good as the AUD/USD, but still worthwhile taking it in my opinion. Upper wick is longer than lower wick - good bearish sign.
The USD/CHF would have been a good setup had it not been for the long candle!
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Hello AshFx
thanx for your posting
I've been studying your system today,I've checked out some technical outlook from actionforex.com,then I've entered by myself the following positions,BEFORE seeing your post:
USDCHF LONG 1.0185 S\L 1.0074 T\P 1.0185
EURUSD SELL 1.4874 S\L 1.5052 T\P 1.4683
AUDUSD SELL 0.9156 S\L TO SET AND T\P NOT FIXED YET
NZDUSD SELL 0.7461 S\L TO SET
I'm not a newbie,and I'm not a gambler
Some risks on the first two trades,wish me luck!
(even if we both know Forex has nothing to do with luck)
whoops! I did it again...
