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  • #941
  • Jul 8, 2008 3:55pm Jul 8, 2008 3:55pm
Quoting bigjim1958
Hi everyone: Does everyone agree USD/CHF getting ready to go long if the signal stays, I'm using FXDD?Jim
My opinion: It is not a valid AshFx_Daily signal. As Paris said it's going into the overbought area. Personally I wont trade this pair.
  • #942
  • Jul 8, 2008 4:02pm Jul 8, 2008 4:02pm
Quoting Paris Hilton
Ash, is EUR/CHF a valid signal for today? It looks like it's going into the overbought area. What do you think? Paris
I had signal on EURCHF yesterday, but on North Finance broker. I don't- know why...
Attached Image (click to enlarge)
Click to Enlarge Name: eurchf-08.06.jpg Size: 336 KB
  • #943
  • Jul 8, 2008 4:07pm Jul 8, 2008 4:07pm
From I distance I stand and watch, let the profits go, let the loses go..

I believe that Signal wouldn't suffice as a trade to me too risky.

Just took a on SHORT CHFJPY

Regards

SmartKenya
  • #944
  • Jul 8, 2008 4:11pm Jul 8, 2008 4:11pm
I see the two eventual LONG signals on Swissy (EUR/CHF and USD/CHF) are both on overbought area (above 80) so I wouldn't take any of those either.

There is a SHORT signal on CHF/JPY that "could" be a second strength trade (stochs are below 50). However as it involves the same currency as the other two above, I think I'll stay out as well.
  • #945
  • Jul 8, 2008 4:12pm Jul 8, 2008 4:12pm
The EA placed no new trades today...

CHF/JPY (Short) - AC not red
EUR/CHF (Long) - Stoch too high (over 80)
USD/CHF (Long) - Stoch too high (over 80)
  • #946
  • Edited 4:15pm Jul 8, 2008 4:13pm | Edited 4:15pm
Quoting mtaboneweb
The EA placed no new trades today...

CHF/JPY (Short) - AC not red
EUR/CHF (Long) - Stoch too high (over 80)
USD/CHF (Long) - Stoch too high (over 80)
AC is red on my FXDD chart for CHF/JPY.

http://i47.photobucket.com/albums/f2...e/chfjpy-1.gif
  • #947
  • Jul 8, 2008 4:17pm Jul 8, 2008 4:17pm
Quoting doblece
I see the two eventual LONG signals on Swissy (EUR/CHF and USD/CHF) are both on overbought area (above 80) so I wouldn't take any of those either.

There is a SHORT signal on CHF/JPY that "could" be a second strength trade (stochs are below 50). However as it involves the same currency as the other two above, I think I'll stay out as well.
AC is not green although it is red on the new bar unless price moves up a bit. Anyway you look at the signal bar it's not 100%. According to AshFX system the AC must be red for short (the AO can be green which should change).
  • #948
  • Jul 8, 2008 4:19pm Jul 8, 2008 4:19pm
Quoting doblece
AC is red on my FXDD chart for CHF/JPY.

http://i47.photobucket.com/albums/f2...e/chfjpy-1.gif
Take a 2nd look at your chart. The first PSAR above, the AC is green on that bar (the signal bar). It's not valid.
Attached Image (click to enlarge)
Click to Enlarge Name: chfjpy.gif Size: 30 KB
  • #949
  • Jul 8, 2008 4:20pm Jul 8, 2008 4:20pm
I see short signal on GOLD It could be good trade for 250-350 pips, becouse generaly trend is LONG.
Attached Image (click to enlarge)
Click to Enlarge Name: gold.jpg Size: 444 KB
  • #950
  • Jul 8, 2008 4:24pm Jul 8, 2008 4:24pm
Also, both of these are invalid because Stoch is over 80.

"Support and Resistance (Barry)"

Side note: EUR/CHF has broken the resistance and USD/CHF has plenty of room. Of course resistance could be lowered in a day or two based on the fact it's been high for a while.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eurchf.gif Size: 34 KB
Click to Enlarge Name: usdchf.gif Size: 34 KB
  • #951
  • Jul 8, 2008 4:27pm Jul 8, 2008 4:27pm
Quoting ventor
I see short signal on GOLD It could be good trade for 250-350 pips, becouse generaly trend is LONG.
Woooooow! How about this!
Can we tread Gold using this AshFX system?
  • #952
  • Jul 8, 2008 4:31pm Jul 8, 2008 4:31pm
Quoting mtaboneweb
Take a 2nd look at your chart. The first PSAR above, the AC is green on that bar (the signal bar). It's not valid.
You are absolutely right.
I guess I'm going daltonic, as I was convinced that both were red even after posting and seeing the chart several times.

:oops: Sorry for the mistake.
  • #953
  • Jul 8, 2008 4:33pm Jul 8, 2008 4:33pm
hi ashfx
are you going to short chfjpy ?? or we hold since we have 2 pairs still open from yesterday ?
thanks
imad
  • #954
  • Jul 8, 2008 4:33pm Jul 8, 2008 4:33pm
Quoting mtaboneweb
Also, both of these are invalid because Stoch is over 80.

"Support and Resistance (Barry)"

Side note: EUR/CHF has broken the resistance and USD/CHF has plenty of room. Of course resistance could be lowered in a day or two based on the fact it's been high for a while.
Hey Barry,

can I get

"Support and Resistance (Barry)"

Thanks and good night

Always

SmartKenya
  • #955
  • Jul 8, 2008 4:37pm Jul 8, 2008 4:37pm
Sorry for the late response guys.

I am not entering any trades for tonight, since I see no valid AshFX Daily signals.
  • #956
  • Jul 8, 2008 4:38pm Jul 8, 2008 4:38pm
Quoting imad
hi ashfx
are you going to short chfjpy ?? or we hold since we have 2 pairs still open from yesterday ?
thanks
imad
You better not to short it, read the above messages.
It was an invalid signal bar, AC was green, yesterday.
  • #957
  • Jul 8, 2008 4:39pm Jul 8, 2008 4:39pm
Here is the indicator, SmartKenya.
Attached File(s)
File Type: mq4 1_Support and Resistance (Barry).mq4   2 KB | 435 downloads
  • #958
  • Jul 8, 2008 4:40pm Jul 8, 2008 4:40pm
Quoting ventor
I see short signal on GOLD It could be good trade for 250-350 pips, becouse generaly trend is LONG.
Tell you what guys, this DOES look like a good short.

Yes, this is a valid SS Sell for Gold!
  • #959
  • Jul 8, 2008 4:40pm Jul 8, 2008 4:40pm
Quoting forexmoments
Sorry for the late response guys.

I am not entering any trades for tonight, since I see no valid AshFX Daily signals.
Thanks for reply Ash. Was USD/CHF invalid because one of the stoch was over 80? Do they both have to be under 80? I believed that as long as the signal line was under 80 it was valid. Thanks for all you do.Jim
  • #960
  • Jul 8, 2008 4:45pm Jul 8, 2008 4:45pm
Quoting doblece
You are absolutely right.
I guess I'm going daltonic, as I was convinced that both were red even after posting and seeing the chart several times.

:oops: Sorry for the mistake.

The bars play tricks with everyone's eyes and everyone wants to see a good trade setup so we're all anxious for that. That's why I like EAs to an extent because once programmed right they make the decision you told it to make. I have looked at my charts several times saying there must be a trade and something didn't work... Can't there please be a trade... Bottom line is the EA is a robot and doesn't get excited. It just trades like you say.

One downside is I may have taken certain trades out of excitement like the USD/JPY a day or two ago. Other people seemed to jump on it even though the Stoch was over 80. It makes a person wonder about loosening the decision (maybe not over 82.59634???, kidding) but the truth is that it's not the rules of the system. Those rules may vary over time and through trading but for now I stick to the system rules.

That's why I wont manually take the CHF/JPY, EUR/CHF, or the USD/JPY today. I may regret that decision in a couple of days but I'd rather wait for the right signal which is still not a guaranteed win either.

Who knows?
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