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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Hi Ash
Nice signals, all in profit I think. I only took Aus and Eur (after the pullback) and both doing very nicely.
I got to admit it, as far as any trading system goes, particularly longer time frames trades, this system has to be very close to best.
So far in my short trading life, I have not been able to make profits on short time frames trading, as a matter of fact I keep losing. However, I make profit on this system.
So, have decided to only trade long time frames (it makes sense in my mind).
Sorry about the rant Ash...lol....and once again thanks for the system (free) and education (also free)!!
Cheers mate
Ezzy
