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  #1  
Old Jun 15, 2008 4:28pm
forexmoments's Avatar
AshFX
 
Member Since Dec 2007
Default AshFX Daily

Dear all,

Here I present to you my new System, AshFX Daily. It's excellent for traders who work a full-time job, and/or can't/don't want to spend hours and hours staring at the screen.

I’ve been working on this system for quite a while; I wanted to make it accurate, yet simple at the same time. I believe I have achieved that. It is designed for the Daily Timeframe, and can be used on any currency pair.

The results that can be obtained from this system, is literally hundreds of pips a month. On average, the reward is greater than the risk.


These are the indicators that are required:


- Parabolic Stop and Reverse (PSAR, 0.03, 0.2)

- AC (Accelerator Oscillator)

- AO (Awesome Oscillator)

- Stochastics (5,3,3)


Take the attached template and apply it in Metatrader. Use it on the Daily Timeframe (D1), on any currency pair. By the way, these indicators can be found in any platform, so you are not limited to MT4.

See below for an example of what you should be seeing:

Two files attached - the actual AshFX System PDF manual, and the template for MT4 users. Please read carefully.

Look forward to questions/analysis/discussion/testing.

Regards,

Ash
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File Type: tpl AshFX_Daily.tpl (1.5 KB, 4867 views)
File Type: pdf AshFX_Daily.pdf (49.0 KB, 7424 views)

Last edited by forexmoments, Jun 17, 2008 8:40am
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  #2  
Old Jun 15, 2008 4:37pm
TJPLD's Avatar
Inertial Member
 
Member Since Jan 2008
Default

Somehow this seems to work much better on M15 at least watching Cable.
On the daily I have not found a single profitable trade.
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Mild Conviction EUR/USD
 
  #3  
Old Jun 15, 2008 4:51pm
Member
 
Member Since Apr 2006
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Quote:
Originally Posted by forexmoments View Post
Dear all,

Here I present to you my new System, AshFX Daily. It's excellent for traders who work a full-time job, and/or can't/don't want to spend hours and hours staring at the screen.

I’ve been working on this system for quite a while; I wanted to make it accurate, yet simple at the same time. I believe I have achieved that. It is designed for the Daily Timeframe, and can be used on any currency pair.

The results that can be obtained from this system, is literally hundreds of pips a month. On average, the reward is greater than the risk.


These are the indicators that are required:


- Parabolic Stop and Reverse (PSAR, 0.03, 0.2)

- AC (Accelerator Oscillator)

- AO (Awesome Oscillator)

- Stochastics (5,3,3)


Take the attached template and apply it in Metatrader. Use it on the Daily Timeframe (D1), on any currency pair. By the way, these indicators can be found in any platform, so you are not limited to MT4.

See below for an example of what you should be seeing:

Two files attached - the actual AshFX System PDF manual, and the template for MT4 users. Please read carefully.

Look forward to questions/analysis/discussion/testing.

Regards,

Ash
Do you enter only on closed bars?
Thanks
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  #4  
Old Jun 15, 2008 4:54pm
ljr
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Member Since Mar 2008
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Hi Ash

I got your email about this system last week and Demo traded with it. I found 3 trades that matched your entry criteria. GBPCHF long, AUDCAD short both of which hit the first take profit and then closed at break even. the other trade CADJPY short is still running. It was in profit but now slightly in the red, however first impression look very good.

I have a couple of question which I will post soon but so far so good.

Thanks a lot

Ljr
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  #5  
Old Jun 15, 2008 4:54pm
Member
 
Member Since Apr 2006
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Quote:
Originally Posted by Tjpld View Post
Somehow this seems to work much better on M15 at least watching Cable.
On the daily I have not found a single profitable trade.
Check the EUR/USD daily. There are many profitable trades.
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  #6  
Old Jun 15, 2008 5:06pm
lcfxtrader's Avatar
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Member Since Jan 2007
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Your last trade wouldn't qualify because the AO is green correct?
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  #7  
Old Jun 15, 2008 5:28pm
ljr
Member
 
Member Since Mar 2008
Default GBPCHF

Regarding stop loss. Where would you put it for the attached trade? This indicates a long but the low of the trigger candle is at or near the entry point.

On Demo what i did was put a 100 pip Stop loss and this work out quite well.
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  #8  
Old Jun 15, 2008 5:51pm
forexmoments's Avatar
AshFX
 
Member Since Dec 2007
Default

Quote:
Originally Posted by Tjpld View Post
Somehow this seems to work much better on M15 at least watching Cable.
On the daily I have not found a single profitable trade.
I'm sorry, but you are mistaken, the system produced over 400 pips on Cable over the past month. Please see screenshot. I haven't tried it on M15, nor was it designed for that timeframe. Thanks.
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  #9  
Old Jun 15, 2008 5:51pm
forexmoments's Avatar
AshFX
 
Member Since Dec 2007
Default

Quote:
Originally Posted by billbss View Post
Do you enter only on closed bars?
Thanks
Yes, I do.
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  #10  
Old Jun 15, 2008 6:06pm
yab
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Member Since Aug 2006
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is the AO & AC have to be below or above the 0 line or U wory just un the coler
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  #11  
Old Jun 15, 2008 6:09pm
forexmoments's Avatar
AshFX
 
Member Since Dec 2007
Default

Quote:
Originally Posted by ljr View Post
Hi Ash

I got your email about this system last week and Demo traded with it. I found 3 trades that matched your entry criteria. GBPCHF long, AUDCAD short both of which hit the first take profit and then closed at break even. the other trade CADJPY short is still running. It was in profit but now slightly in the red, however first impression look very good.

I have a couple of question which I will post soon but so far so good.

Thanks a lot

Ljr
You're welcome Ljr, appreciate the positive response.
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  #12  
Old Jun 15, 2008 6:11pm
forexmoments's Avatar
AshFX
 
Member Since Dec 2007
Default

Quote:
Originally Posted by billbss View Post
Check the EUR/USD daily. There are many profitable trades.
Correct Billbss, but it's not only the Eur/Usd. Like I said it works on any pair. Obviously some pairs will fare better than others, but that's the nature of FX of course.
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  #13  
Old Jun 15, 2008 6:12pm
yab
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Member Since Aug 2006
Default

is it posibel to post the signals to help the now traders
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  #14  
Old Jun 15, 2008 6:13pm
forexmoments's Avatar
AshFX
 
Member Since Dec 2007
Default

Quote:
Originally Posted by lcfxtrader View Post
Your last trade wouldn't qualify because the AO is green correct?
Actually it would. I've mentioned this in the PDF manual.
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  #15  
Old Jun 15, 2008 6:13pm
forexmoments's Avatar
AshFX
 
Member Since Dec 2007
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Quote:
Originally Posted by yab View Post
is it posibel to post the signals to help the now traders
Actually, since I released this system last week (privately), a lot of people had asked me whether I could supply Daily signals when entry conditions have been met. I'm thinking about it, but if I do it, I have to be consistent and persistent. (And no I'll never charge any money for the signals).
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