The AshFX System - Version II

skylion · #**121** (**permalink**) 13-03-2009, 02:05

Thank you for longer time frame system.

shiva

mikec · #**122** (**permalink**) 13-03-2009, 03:10

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

lrathi · #**123** (**permalink**) 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 · #**124** (**permalink**) 13-03-2009, 04:28

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

lrathi · #**125** (**permalink**) 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 · #**126** (**permalink**) 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 · #**127** (**permalink**) 13-03-2009, 05:19

See chart attached

drbsprasad · #**128** (**permalink**) 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 · #**129** (**permalink**) 13-03-2009, 05:34

See chart attached.

SmartFx · #**130** (**permalink**) 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