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The Systems Forex Strategies & Methods. Scalping M1, M5, M15 minute charts, intra day trading M30, H1, swing trading H4, D1, or position trading W1, MN? Trend or reversal?

The AshFX System - Version II


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  #2891 (permalink)  
Old 07-03-2010, 21:41
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Quote:
Originally Posted by andybob0001 View Post
There are a few set ups I can see G/U looks best for me anyone got any thoughts?
Hi Andybob,
Yeah G/U looks pretty good to me too - just that long tail a few days ago means SL would be 350+ - I might stay on the sidelines for a retracement then enter ...
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  #2892 (permalink)  
Old 08-03-2010, 06:26
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Quote:
Originally Posted by FokkerCharlie View Post
Imf

Can you tell us what pair(s) and timescale(s) you're using the system on?

Charlie
im following the rules given by Ash
trading daily TF and all the pairs my broker has

last weeks trade was AUD/JPY i closed it early for 140pips
but if i left it, it would have gotten 200+ pips

i chickened out

can anyone here can give me some tips on when to exit the trade?

Last edited by lmf8888; 08-03-2010 at 06:27. Reason: typo
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  #2893 (permalink)  
Old 08-03-2010, 12:02
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Quote:
Originally Posted by lmf8888 View Post
im following the rules given by Ash
trading daily TF and all the pairs my broker has

last weeks trade was AUD/JPY i closed it early for 140pips
but if i left it, it would have gotten 200+ pips

i chickened out

can anyone here can give me some tips on when to exit the trade?
nice one.

why don't you follow the original instructions for an exit strategy?

happy tradin...
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  #2894 (permalink)  
Old 11-03-2010, 21:06
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So I jumped in on the G/U signal a few days back its been in a negative position for a while but now looks like its just hit a double bottom so will be interesting to see if it takes off in right direction :0)
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  #2895 (permalink)  
Old 14-03-2010, 11:56
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New G/U signal has appeared, anyone else in? It looks good to me. A bit double-bottom-ish, as well, I think.

Charlie
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  #2896 (permalink)  
Old 17-03-2010, 04:53
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OK, well, I took my first live trade using this system on the GU pair, and have made a few pips, hooray!

One thing, though, about closing the second half of the trade. It looks like we don't get that close to the perfect exit using the system. Is anyone using a trailing stop on this?

Cheerio
Charlie
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  #2897 (permalink)  
Old 17-03-2010, 05:21
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Quote:
Originally Posted by FokkerCharlie View Post
One thing, though, about closing the second half of the trade. It looks like we don't get that close to the perfect exit using the system. Is anyone using a trailing stop on this?

Cheerio
Charlie
Well done Charlie on your first Live success!
I just close the second half when the AO changes or the PSAR flips at the Close of the daily candle - as per t Ash's rules/system.
I've found TS no good as doesn't let the trade 'breathe'
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  #2898 (permalink)  
Old 18-03-2010, 15:18
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Cheers, Jim

Looks like USDSEK setting itself up for tonight. I might have a pop. Any thoughts?

Charlie
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  #2899 (permalink)  
Old 18-03-2010, 21:36
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Unhappy

Quote:
Originally Posted by FokkerCharlie View Post
Cheers, Jim

Looks like USDSEK setting itself up for tonight. I might have a pop. Any thoughts?

Charlie
My broker (FXDD - recommended for Ash's system) doesn't offer USDSEK so don't know.
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  #2900 (permalink)  
Old 19-03-2010, 03:24
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I have uploaded a screeny for you, so you don't feel left out

I'm looking for a dip to buy it on...

Cheerio
Charlie
Attached Images
File Type: png screenshot4.png (16.0 KB, 40 views)
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ashfx , eur/jpy , eur/usd , forex , forex trading , forexmagnates , forexmoments , gbp/jpy , gbp/usd , metatrader , mt4 , psar , stochastics , usd/chf , usd/jpy

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