The AshFX System - Version II

[skylion]

Thank you for alert.

Originally Posted by nosinbor

got signal on eur/cad entered @ 1.6586 sl @1.6686 tp @1.6235 (61.8 fib level)
Ithink ash's stop would have been 1.6970 in profit now

[AshFX]

Originally Posted by mrtwrrt

Ash,
I got the call from yesterday, tp was hit before I got up. Did you leave a trade in from that call knowing it was probably going to setup on the AshFX2 daily TF?.
I was waiting till all ind set today and for close of candle this evening.
shows what experience does for you......oh well I plan to get there eventually...

Troy..

Hi Troy,

Sorry you missed the trade.

Yeah, I actually entered two trades. The one that I emailed out, and another one with an open TP. So I'm out of the first one with a neat profit, and still in the second one.

[echnat0n]

Originally Posted by AshFX

Hi Troy,

Sorry you missed the trade.

Yeah, I actually entered two trades. The one that I emailed out, and another one with an open TP. So I'm out of the first one with a neat profit, and still in the second one.

Hi Ash,

Are you in the eur/cad trade?

[AshFX]

Originally Posted by blade2008

can you explain about your S/R levels and about your Fibs you use.

and is there a difference between using the japanese candles vs heikin ashi?

That would need an entirely dedicated thread/topic to be honest, because it's hard to explain in all these things in one post. It's a relatively lengthy process to learn and apply the above. It comes to you over time. My advice would be to check out the posts on this forum and others, buy some books on technical analysis, look and study charts on different timeframes from what the plethora of info you've amassed, test test test. It takes time and dedication. Have you read all the posts in both the AshFX threads on this forum? There are examples throughout showing S/R, Fibs, etc...

As for Japanese Candlesticks and Heiken Ashi: JC reflect price itself. They are the candles you generally see on most brokers. HA are delayed, lagging form of candles which I personally don't use. Having said that, others do use them successfully. Remember, something that works for one person, doesn't necessarily work for another. I tried using HA and I just didn't "get it", so to speak.

If anyone here likes using HA successfully, it would be cool to see a different perspective.

[AshFX]

Originally Posted by echnat0n

Hi Ash,

Are you in the eur/cad trade?

Yes, I am.

[King Pips]

Originally Posted by nosinbor

got signal on eur/cad entered @ 1.6586 sl @1.6686 tp @1.6235 (61.8 fib level)
Ithink ash's stop would have been 1.6970 in profit now

For S/R always refer to Weekly Charts. You will see Major S/R, then go to daily and see where they are on the Daily and mid S/R. There is a thread on the Forex Factory Called Silence Service Method Great on S/R.

[geppyme]

How far down do you guys think these Eur/Chf and Eur/Cad trades are gonna go??

[shiningstar]

Originally Posted by geppyme

How far down do you guys think these Eur/Chf and Eur/Cad trades are gonna go??

how long is a piece of string?

[geppyme]

Originally Posted by shiningstar

how long is a piece of string?

Excuse me???

[mrtwrrt]

Originally Posted by AshFX

Hi Troy,

Sorry you missed the trade.

Yeah, I actually entered two trades. The one that I emailed out, and another one with an open TP. So I'm out of the first one with a neat profit, and still in the second one.

Actually didn't miss the trade I just got in a little later than you called. I got in at 1.5328 where as you called for 1.5335. So I only missed it by 7 pips. And still very happy with the trade. I was just wondering about you putting in more than one trade and letting the other one run expecting the eurchf to setup for the daily system. Which it did. I am in it also, but not until the candle close of the day.

And once again thanks for the alert you emailed on that trade. Very much appreciated. And to let you know I really enjoy this forum. Very informative and seems to stay on track.

Troy