The AshFX System - Version II

[bee]

The AUD/CAD has a double top and hammer(not completed) on the weekly.

[AshFX]

Originally Posted by andybob0001

Ash thanks again for this system.

I took the recent ASH signals on the AUD/USD and NZD/USD and I'm up 450 pips on my trades.

I made profit on these as I was patient (Finally) and waited for everything to line up as per your system.

Much appreciated.

Hi Andy,

My pleasure.

This system definitely requires and teaches patience. An impatient trader will fail in the long term.

Well done on the 450pips!

[roberr]

I took AUD/JPY and because I was all thay out from the comp I put TP 125 pips lower didn't think it will be so big selloff on the market. Need to stick with ASH rules more
Didn't put TP on aud/usd and still holding 200pips of profit

Thank you Ash for you system. Why I didn't follow you before ;/

[MykeFX]

Originally Posted by AshFX

Ok, so today we have the following setups:

- Buy AUD/NZD
- Buy EUR/AUD
- Sell GBP/JPY
- Sell AUD/CAD

Personally I wouldn't advise trading taking the first two. AUD/NZD's candle is too long. EUR/AUD's Stochastics are too choppy, plus candle too long.

As for short GBP/JPY and short AUD/CAD, these two look like much better setups. The problem with AUD/CAD is its indecision due to the lower wick being quite long. GBP/JPY is definitely the best setup of all, but before I enter I'm going to wait for a retracement to the fib line and then we'll decide.

Hi Ash, can you post a GBP/JPY chart, or tell us which Fib line you are referring to?

Thanks and Cheers,

Mike.

[Jim67]

The GBP/JPY looks to me to be have bounced off 50% of the large downmove that started from Aug 10th - and is currently at 38% ?

[ollynick]

AUDJPY is on sell, can you guess whether it will be on sell all through the week. GBPAUD is about to signal BUY, but the Stochs is not too smooth, can this pair make it?

Originally Posted by AshFX

Ok people,

There was a SELL signal on AUD/JPY today. Despite the fact that both the upper and lower wicks are equally as long as each other (which indicates indecision), it still looks like a decent setup to enter, (primarily due to the smooth Stochs, and helped by the similarities shown in the AUD/USD short).

[aharon.amir]

Originally Posted by AshFX

Ok, so today we have the following setups:

- Buy AUD/NZD
- Buy EUR/AUD
- Sell GBP/JPY
- Sell AUD/CAD

Personally I wouldn't advise trading taking the first two. AUD/NZD's candle is too long. EUR/AUD's Stochastics are too choppy, plus candle too long.

As for short GBP/JPY and short AUD/CAD, these two look like much better setups. The problem with AUD/CAD is its indecision due to the lower wick being quite long. GBP/JPY is definitely the best setup of all, but before I enter I'm going to wait for a retracement to the fib line and then we'll decide.

Hi Ash,
I have 2 question:
1 - In GPB/JPY where do you place the stop? is it on 153.20.
2 What fib line retracement, the fib line from the last swing high or from yesterday's candle?

[agent0711]

Originally Posted by AshFX

GBP/JPY is definitely the best setup of all, but before I enter I'm going to wait for a retracement to the fib line and then we'll decide.

I guess this is the hard part of the system? How do you or we determine the key S&R? Do you have any pivot indicator for mt4? When we talk about S&R, is it the original calculated one, or the fibo pivot calculation or use the self drawing fibo retracement of line studies of mt?

thanks!

sorry, me totally new and want to learn about the system

[12345]

Whats do you think of long GBP/CHF? It hase about 400-500 pips profit potencials. What to GBP/JPY I suppose that GBP is preparing for long term jump up. What is your opinions? Thank you,

[SteveHopwood]

Just so people know, the latest update to my trading robot is available from
http://forexmoments.com/forums/syste....html#post5844