waiting for the market to open and to see what Ash's comments are. Just my opinion, there are some valid signals today, however, tough calls. The EU is near 1.60 again, the GU just bounced off a huge downward trendline, the USD/CHF, is ranging/downward trend and the NZD also looks like it is ranging. Just my thoughts, feel free to jump in anyone.
I was wondering where people have disapeared to. The fact that the later part of last week was not too rosy should not cause an unusual calm in the house. I believe there are greater trading days ahead. Happy new week. Ash please key us in. I am with you
waiting for the market to open and to see what Ash's comments are. Just my opinion, there are some valid signals today, however, tough calls. The EU is near 1.60 again, the GU just bounced off a huge downward trendline, the USD/CHF, is ranging/downward trend and the NZD also looks like it is ranging. Just my thoughts, feel free to jump in anyone.
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Got to agree. Waiting for Ash to give some guidance on these potential trades. Do we take the signals or take cognisance of the price action and walk away?
Got to agree. Waiting for Ash to give some guidance on these potential trades. Do we take the signals or take cognisance of the price action and walk away?
learn to trade independently. Ash will not be here forever. if u feel that the mkt is not too good for trading. then stay off!
I was wondering where people have disapeared to. The fact that the later part of last week was not too rosy should not cause an unusual calm in the house. I believe there are greater trading days ahead. Happy new week. Ash please key us in. I am with you
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Lask week was not good for me.
I lost many pips in GBPCHF. Now its not going well in AUDCAD but I am sure this week will end different. I know Ash is not going to be here always, also I know we have to trade by our own, but Ash comments will always be welcome!
usd/chf seems to be in a tight range, with a slight downward slope. I'm it might go down but it's hard to tell whether it will be enough of a ride to warrant the risk.
Just my 2 cents. I've been wrong before. Let's see what Ash says.
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Joined Nov 2007
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Status: Commercial Member
|694 Posts
The last thread unfortunately was flagged as spam and has been moved to the Recycle bin. Hpefully that thread will be deleted soon so there's no confusion with the new one. I got a little excited and tried to create threads for my other EAs as well since I felt doing this was a great way of separating the EA from the systems. I just did too many in a short time and... It was suggested here that I do this and I agree with it.
Things are now straight so please post any EA specific things on this thread...
Hi Ash & Everybody on the thread:
Can some one please tell me around what time frame the trade calls/signals are posted on this thread every day? I was thinking that it would be GMT + 3 Hours, as per FXDD. Not sure though.
Thanks.
Happy Trading all.
Hi Ash & Everybody on the thread:
Can some one please tell me around what time frame the trade calls/signals are posted on this thread every day? I was thinking that it would be GMT + 3 Hours, as per FXDD. Not sure though.
Thanks.
Happy Trading all.
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The purpose of this thread is to learn to trade Ash's system not to follow someone's signals. There is a PDF in the first post that will explain the system. You can learn the information by reading that PDF and the thread. There are usually people discussing what trades they see around the start of the new day on FXDD.
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Joined Jul 2007
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Status: FX Till I Dieeeee
|438 Posts
Personally I dont usually take sunday's trade;also i think we all shouldnt be too dependent on Ash to be spoon-fed
@forexxer; he usually takes trades as soon as he feels the system's criteria are all meet mixed with some judgement calls. But i dont know why he has not been around for today though.At least to give more light to our views.
To all those still holding gbp/chf, nows your better exit point! Im watching it like a hawk. Just climbed 100pips in a few minutes, watching to see if it stabilises in an up trend
Well I decided to stay out of these trades, and at the moment all 3 trades are going against us. after last weeks trades and now last nights trade indications it seems the Ash system is going through a bad patch, is there any reasons for this?
can we improve the system in any way that will help our decision to take the trade or to stay out?
learn to trade independently. Ash will not be here forever. if u feel that the mkt is not too good for trading. then stay off!
My 100 naira contribution
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Thanks for your comments. I do wonder though why you are on this forum if you do indeed follow your own advice and trade independently (in which case you wouldn't need or want to be here).
However, we are all learning, aren't we? This is Ash's system and I am merely interested to know how he operates it profitably for himself. This is why I asked the question I did.
Well I decided to stay out of these trades, and at the moment all 3 trades are going against us. after last weeks trades and now last nights trade indications it seems the Ash system is going through a bad patch, is there any reasons for this?
can we improve the system in any way that will help our decision to take the trade or to stay out?
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Yeah i seel those signals too. However, problem with trading the daily time frame imo is that you just can't go in anytime of the day expecting it to go your direction.
For me, I drill down to the hourly time frame and using fibo retracement + trendlines to approx my entry.
Currently I'm monitoring the USD/JPY, USD/CHF, and EUR/USD. I think for the past few hours since opening its probably doing a retracement. U can draw trendlines on it right now and you'd probably see a bull flag or a wedge. How I'm planning to trade these pairs is to wait till they break out of the trendlines (wedge or flags) in the direction of the overall daily direction.
Yeah i seel those signals too. However, problem with trading the daily time frame imo is that you just can't go in anytime of the day expecting it to go your direction.
For me, I drill down to the hourly time frame and using fibo retracement + trendlines to approx my entry.
Currently I'm monitoring the USD/JPY, USD/CHF, and EUR/USD. I think for the past few hours since opening its probably doing a retracement. U can draw trendlines on it right now and you'd probably see a bull flag or a wedge. How I'm planning to trade these pairs is to wait till they break out of the trendlines (wedge or flags) in the direction of the overall daily direction.
Ignored
So, you look for daily signals from Ash's system and then trade hourly using your own - is that correct?
