Thanks and question — mtaboneweb, First, thanks for your hard work. I do have a question about the DayStartHour. I'm in the Eastern time zone and use FXDD which starts a new daily candle at 5PM. I see you use IBFX but I don't know when their ...

DailyHighLow (EA - MTaboneWeb)

I noticed that as well, so I'm glad you mentioned it. I'm contemplating a short at 50% retracement of that strong bearish candle... but that's probably a discussion for another thread as it has nothing to do with the rules here. -Dave

AshFX Daily

Oil, Gold, Etc — I don't have Oil on FXDD to see the setup. At least, I don't see the symbol. Do I need to use a different server, or do all of FXDD's servers carry the same instruments? What's the per-pip value on spot gold on a full ...

AshFX Daily

Just curious Paris, other than the fact that AUDUSD has been trending up since about 2006, is there anything else that would keep you out of shorting this pair? TIA! -Dave

AshFX Daily

Ash, does this hold true when you are still in a trade and a valid reverse signal is thrown (either 1st or 2nd strength)? Do you still hold on to the trade or do you close your positions & go the other way?

AshFX Daily

Be careful with this pair using this system... it ranges very tightly, and if you follow the rules, my observations are that you end up with more losers than winners. You might get lucky, but I won't be taking this one. -Dave

AshFX Daily

USDCHF — How's the USDCHF looking for a second strength short? Any takers? -Dave

AshFX Daily

I'm waiting for EURGBP long next day or two. Backtesting with this pair on this system looks very promising. Of course, with my luck I've just jinxed it for everyone, so sorry in advance!! -Dave

AshFX Daily

1st PSAR dot is the swing high/low — I'll be showing my newb-ness here for sure, but I haven't used the PSAR in depth at all. I just noticed something interesting, though... when the dot changes sides, its value is the same as the most recent ...

AshFX Daily

Ahh, Stoch below the 50. I guess that was it. So both stoch values must be above 50 (below for long) to make it a "primary" trade? -Dave

AshFX Daily

Was it? I didn't think it was, but if you're correct then clearly there is something that I'm not understanding about the entry rules (simple as they are). What did I miss? -Dave

AshFX Daily

I got stopped out on this one. Friday candle high was 108.05, which is where I placed my SL. SL got his about 30 minutes ago. I'm on FXDD. Some saw 108.07... was this on FXDD as well? -Dave

AshFX Daily

I just noticed that the PSAR dot is coincidentally the same as my SL, so this question is kind of moot, BUT... generally if the PSAR or AO changes against the trade before the SL is hit should we close all positions? Thanks! -Dave

AshFX Daily

I took that trade as well for a loss (small, thankfully), but on FXDD the trigger candle on 6/17 was red. Really seems to make a difference which broker you're using for signals! -Dave

AshFX Daily

I also use FXDD, and it's on my list... odd. At any rate, my PSAR dot hasn't dropped yet, but everything else looks good. Thanks for the heads-up, kobra11! I wasn't even watching that pair. -Dave

AshFX Daily

I had another question about this as well. In the Entry Rules of the "revised" PDF, you note that the candle must agree with the rest of the signals. In the Final Points section (quoted above) you say that order of the indicators doesn't matter, but ...

AshFX Daily

Ahhh... I was still reading the "original version." I hadn't grabbed the update from this morning. Thanks!

AshFX Daily

Ash, Wouldn't that have been stopped out on 5/29? And when the stoch crosses on 5/30, it's above the 50, so I wouldn't consider it a valid signal. Am I misunderstanding something? Thanks!! -Dave

AshFX Daily

This is brilliant! Many thanks to stockwet for helping a newbie get some sleep!

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