The AshFX System - Version II

[rewing]

Originally Posted by King Pips

On the EJ I took it to buy. Broke the Triangle, then Broke the Par, Ashfx Signaled the first bar and went in, up 100 pips
On the UJ, I am waiting for the next bar Sunday to clear the Triangle better, and Ashfx signal on that bar, will see.

So you actually entered the trade before the close of the daily bar?
Also, you speak of the "Par"..What is the "Par"?
As for the UJ, will you enter that trade before the close of the next candle?
Thanks again for your insight.
Ron

[AlanT58]

i also went in before the candle closed on the daily
had the ash arrow showing
candle was above the daily and weekly pivots
also above the 200 ma & broke above the demark triangle.
so all was looking good to go long and jumped in before the close.
got a quick 65 pips and got out before the close, knowing that monday is a JPY & US bank holiday & the liquidity may suffer. im guessing that ASH may be thinking that this candle is to long to trade on monday & thus could be a good excuse to stay out .

cheers al.

[King Pips]

Originally Posted by rewing

So you actually entered the trade before the close of the daily bar?
Also, you speak of the "Par"..What is the "Par"?
As for the UJ, will you enter that trade before the close of the next candle?
Thanks again for your insight.
Ron

Parabolic SAR are the Dots below or above the candles. In the Ashfx Rules.
Also I went in the UJ. The Ashfx signal candle looks a little long, but the clean break of the Triangle and the Early Div. I am up 60 Pips Took 1/2 because of that big candle just to be cautious. Stay smoothe don't be creedy. There's a monthly Pivot Point at 90.45 and a weekly R1 Pivot to watch for, its now trading at 90.07 at 11.24pm est. as I write. My chart below, see the Div. on the CCI 20 at the bottom of chart where the purple line is, also on the chart where the bottom candles are to left of arrow there is a purple line too to show Div. and you can see that nice Triangle Break, and you can wait for the Ashfx signal. Good confirmations for a trade. The candle is also near the middle Bollinger Band this can mean to go back down to the other band, or up to the top band keep an eye out.

[AlanT58]

gee wiz check out this pic
talk about lucky

i went long usd/jpy today monday. got in late after the open of the candle following the ASH signal @90.018.
set my SL to just below the daily and weekly pivot of 89.24 instead of the swing low.
there was the R1 & a fractal SR @ 90.495 so i set TP @90.450 to allow for my spread.
my chart says the high reached 90.449 so i have no idea how my TP was hit at 90.450, but i'll take it anyhow.
the price has now bounced off this point and the candle is now a red doji.
still i banked 43 pips for the trade. so it cant be a bad trade.
so now its on to the next one

cheers from (yes it is raining in sunny brisbane)
al.

[AshFX]

Today we have a sell setup on the AUD/CAD.

However the lower wick is very long, which indicates some bullish strength.

Hence I would advise against taking this trade.

[buffer]

Originally Posted by AshFX

Today we have a sell setup on the AUD/CAD.

However the lower wick is very long, which indicates some bullish strength.

Hence I would advise against taking this trade.

Hi,

Don't know about you but the daily charts aren't throwing much up this last couple of months

Maybe we will get 4 in a row which are all perfect, thats trading for you

Paul

[airbeat]

I have been away for a while. Time to get back to some pip generating work. I would love to do this for a living but not consistent enough yet in profits.

[SAKIS]

Hello to all :d


i hate scalping -i lost a lot -now i am loking for a daily action


this systems looks great !!!!!!!!!!

[dojimon]

The 4hr TF has been working good for me with G/U and E/U. If it's a big candle, wait for the retrace.

[dual-c]

to all Canadians. So much to be thankful for in life. Especially the pips Ash's system makes!