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AshFX Daily

  • #181
  • Jun 19, 2008 12:55am Jun 19, 2008 12:55am
Quoting forexmoments
Hey dude, I've not really tested the EA. But personally, I prefer to enter manually.
Thanks for letting me know. And somebody here was enquiring as to your location. Would I be right to say you're in England?
Do not focus on making money; focus on protecting what you have.
  • #182
  • Jun 19, 2008 1:00am Jun 19, 2008 1:00am
no EA entries this morning,

but as I said earlier they will be few and far between, due to the lack of secondary trades

Steve.
  • #183
  • Jun 19, 2008 1:06am Jun 19, 2008 1:06am
Quoting Arnold49
No EA entries this morning, but as I said earlier they will be few and far between, due to the lack of secondary trades.
Thanks for letting me know. How many pairs are you on?
Do not focus on making money; focus on protecting what you have.
  • #184
  • Jun 19, 2008 1:19am Jun 19, 2008 1:19am
nine

Steve.
  • #185
  • Jun 19, 2008 2:48am Jun 19, 2008 2:48am
15 pairs here on a $5K demo FXDD.
So far no trades.
  • #186
  • Jun 19, 2008 3:52am Jun 19, 2008 3:52am
At least I know now that we're all in the same boat. Hopefully we'll all have the launch of a trade or two before the weekend.
Do not focus on making money; focus on protecting what you have.
  • #187
  • Jun 19, 2008 5:20am Jun 19, 2008 5:20am
I will post any trade signals I get with this system As for a very long time i've been looking to do some serious daily trading, because this is where the money and pips are guys.

Btw im from the UK, perfect time to trade this i guess. Please guys try and share any signals you get even just for a while to help others and each other out so that we know we are on the right track.
  • #188
  • Jun 19, 2008 5:37am Jun 19, 2008 5:37am
lets all post our thoughts and possible trade setups. Ive been looking for something like this because i work a fulltime day job and sitting in front of charts isnt really an option. thanks to all
by Thich Nhat Hanh "Smile, breathe and go slowly."
  • #189
  • Jun 19, 2008 5:49am Jun 19, 2008 5:49am
I wish we could find some one to code an indicator for this system.
When using multiple charts it would be much easier to spot a potential trade by looking at the indicator generating a signal and then checking the validity of the signal on the charts.

I know it is possible to use the EA for signals by disabling "live trading" but it is by no means a substitute for visual signals on the charts.
Regards
  • #190
  • Jun 19, 2008 6:01am Jun 19, 2008 6:01am
Quoting Why Oh Why
At least I know now that we're all in the same boat. Hopefully we'll all have the launch of a trade or two before the weekend.

It would help if we could alter the EA to take trades where the stoch was over the 50 line but under the 80/20 lines, I will have a go at it tonight but I don't have much experience with MQL4, so no promises.

I am also in the UK & in full time employment so this would be perfect, if we can get consistant results.

Steve.
  • #191
  • Jun 19, 2008 6:18am Jun 19, 2008 6:18am
Based on my tests I think the EAs may need some modifications before they enter trades in the closed candle mode. I'm using the visual method until I understand the system.
  • #192
  • Jun 19, 2008 6:40am Jun 19, 2008 6:40am
Quoting nvwine
Based on my tests I think the EAs may need some modifications before they enter trades in the closed candle mode. I'm using the visual method until I understand the system.
I did actually ask Ronald Raygun a couple of days ago if everything looked fine and his response is below.
Quoting Ronald Raygun
Looks like you're in the complete trading system. AshFX as opposed to AshFX Entry Only. The code ifgnores Takeprofit and Stoploss, and replaces those with the high/low where appropriate. The trailing stop function will override the existing SL. If the SL due to trailing stop is tighter than the current SL, the SL will be changed. Otherwise, those settings look good.
Are you saying that, in your opinion, nvwine, I am waiting in vain? I'd value your opinion even if you're not a 100 % certain.

My settings are below.

Attached Image
Do not focus on making money; focus on protecting what you have.
  • #193
  • Jun 19, 2008 7:33am Jun 19, 2008 7:33am
This looks like it could be a good setup.. I just opened this one a few mins ago. the sar is above, both AO/AC are red/short and the stoch is just crossing... however the candle has yet to turn, but the odds are good that it will shortly. How about this one Ash.. did I jump the gun?
Doc
  • #194
  • Jun 19, 2008 8:08am Jun 19, 2008 8:08am
What pair did you enter?

Quoting Docjazz
This looks like it could be a good setup.. I just opened this one a few mins ago. the sar is above, both AO/AC are red/short and the stoch is just crossing... however the candle has yet to turn, but the odds are good that it will shortly. How about this one Ash.. did I jump the gun?
Doc
  • #195
  • Jun 19, 2008 8:13am Jun 19, 2008 8:13am
He posted it in the subject, Usd/Jpy

  • #196
  • Jun 19, 2008 8:15am Jun 19, 2008 8:15am
You have to wait until the candle closes. In addition, it needs to be a bear candle.

Pete
  • #197
  • Jun 19, 2008 8:15am Jun 19, 2008 8:15am
I’m typing this at around 9am EST. The first lot on my USDCAD sell trade from a couple days ago has hit take profit for 41 pips. The second lot is still running in the right direction and has already garnered 53 pips at the 1.0128 level. I expect this lot to run for at least another 143 pips to the 0.9985 level. We’ll need to monitor it closely once it approaches the 1.0000 level.

As for today’s possible setup, a new PSAR has been spotted under today’s GBPUSD bullish bar. See the attached image. I don’t, however, have much confidence in this trade because of a couple reasons: 1) today’s bullish bar is pushing the upper trendline of a descending triangle. Combine this with my observation that the pair has been trending down in the last 8 months and this leaves me with little confidence this pair will be bullish for long. 2) The stochs at the moment look to be approaching the 80 level, which if today’s bar continues at its current pace may put the stochs well into the 80 level. This again would signal to me that the pair might not have significant enough upwards movement to warrant a trade. If the bar closes above the upper trendline at 5pm EST, I might consider this trade depending on where the stochs are at the time. But for now I’m playing it safe.

These are my very subjective thoughts. I’m just putting them up here to see what others think and so that I can document my thoughts.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusde20080619.gif Size: 24 KB
  • #198
  • Jun 19, 2008 8:28am Jun 19, 2008 8:28am
hi forexmoments, i love your system, because i don't have to be in front of my monitor all day. btw, i want to ask, please see these charts below, are they valid entries according to your system's rule?

thank you

http://i8.photobucket.com/albums/a46...1/GUdailiy.jpg

http://i8.photobucket.com/albums/a46...sdcaddaily.jpg
  • #199
  • Edited 8:32am Jun 19, 2008 8:30am | Edited 8:32am
I've spotted 3 setups that seem promising. They are AUDUSD (long), NZDUSD (long) and CHFJPY (short). Once again you have to wait until close of candle for confirmation. Also keep in mind that AUD and NZD are highly correlated pairs so taking both may be equavalent to being in the same trade with two different currencies, thereby increasing your risk exposure. I've attached the charts.

EDIT: The AUDUSD and NZDUSD stochs may not be ideal, so I don't know whether Ash would consider them to be valid Second Strength trades. Ash could you comment on this as we get closer to 5pm EST?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: audusd20080619.gif Size: 23 KB
Click to Enlarge Name: nzdusd20080619.gif Size: 28 KB
Click to Enlarge Name: chfjpy20080619.gif Size: 24 KB
  • #200
  • Jun 19, 2008 8:48am Jun 19, 2008 8:48am
the way i understand the system the usd/cad should have been entered on the close of mondays candle to maximize potential.
by Thich Nhat Hanh "Smile, breathe and go slowly."
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