The AshFX System - Version II

Jim67 · #**2891** (**permalink**) 07-03-2010, 22:41

Quote:

Originally Posted by andybob0001

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 ...

lmf8888 · #**2892** (**permalink**) 08-03-2010, 07:26

Quote:

Originally Posted by FokkerCharlie

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?

pangufx · #**2893** (**permalink**) 08-03-2010, 13:02

Quote:

Originally Posted by lmf8888

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...

andybob0001 · #**2894** (**permalink**) 11-03-2010, 22:06

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)

FokkerCharlie · #**2895** (**permalink**) 14-03-2010, 12:56

New G/U signal has appeared, anyone else in? It looks good to me. A bit double-bottom-ish, as well, I think.

Charlie

FokkerCharlie · #**2896** (**permalink**) 17-03-2010, 05:53

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

Jim67 · #**2897** (**permalink**) 17-03-2010, 06:21

Quote:

Originally Posted by FokkerCharlie

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'