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AshFX Daily

  • #1,581
  • Jul 23, 2008 12:20pm Jul 23, 2008 12:20pm
Quoting femzy112
Ash you really need to put more input to this thread ; you started it; i think you should always be the one to finish because we see you as a leader and the teacher of this system.

So simple it might be but its obvious you have the better experience using this system
I disagree. This is a pretty straightforward system . . . it's either a signal or it's not, there's either strong S & R or there's not, etc., so it shouldn't require spoon feeding from the thread author on a daily basis.

Ash laid out the rules in the very first post, so a trader should be able to hit the ground running with this system and see how it goes. It either works or it doesn't.

Oz made the mistake of developing groupies who never tried to learn the system, instead depending on him for months on end to tell them what to trade. Even babies get weaned eventually. Traders need to learn to trade.

Just my 2 pips worth.
Greetings from Guanajuato, Mexico
  • #1,582
  • Jul 23, 2008 12:21pm Jul 23, 2008 12:21pm
Quoting forexmoments
Lol, just to clarify guys, RR is referring to the SYSTEMs, not the two individuals being "cousins".

The difference is Oz's system isn't working any more and mine is.
I'm smarter than my cousin too.

Oh wait, you said you and Oz weren't actually cousins.
Greetings from Guanajuato, Mexico
  • #1,583
  • Jul 23, 2008 12:24pm Jul 23, 2008 12:24pm
Quoting edeyj999
Count me in!
Good idea, if we all do it then we will have a majority decision to either do or not do a trade and then nobody can moan when it goes bad

Lets call it the ASHFX Democratic System, at least 10 have to post and the majority wins

Bring it on

Paul
  • #1,584
  • Jul 23, 2008 12:26pm Jul 23, 2008 12:26pm
Quoting forexmoments
Using the 200 SMA is something I would like to test. It is possible / probable that the system might work even better with the 200SMA.

If you do use it, i'd appreciate it if you can keep us updated.

Thanks.

Ash
Hi Ash,

Will put it on my entry criteria when i post an entry

Paul
  • #1,585
  • Jul 23, 2008 12:28pm Jul 23, 2008 12:28pm
Quoting yen44x
I disagree. This is a pretty straightforward system . . . it's either a signal or it's not, there's either strong S & R or there's not, etc., so it shouldn't require spoon feeding from the thread author on a daily basis.

Ash laid out the rules in the very first post, so a trader should be able to hit the ground running with this system and see how it goes. It either works or it doesn't.

Oz made the mistake of developing groupies who never tried to learn the system, instead depending on him for months on end to tell them what to trade. Even babies get weaned eventually. Traders need to learn to trade.

Just my 2 pips worth.

I AGREE

PAUL
  • #1,586
  • Jul 23, 2008 12:44pm Jul 23, 2008 12:44pm
Quoting pbalfe@tisca
Good idea, if we all do it then we will have a majority decision to either do or not do a trade and then nobody can moan when it goes bad

Lets call it the ASHFX Democratic System, at least 10 have to post and the majority wins

Bring it on

Paul
My EAs will vote for me
  • #1,587
  • Jul 23, 2008 12:44pm Jul 23, 2008 12:44pm
i'm testing this strategies and am seeing good results..

just wondering normally when we have a good signal & open a position how many days roughly are we looking at before we exit? i mean how long does the trend last if i may say... before we close the position & reopen another one in opposite dir? ... from what i have been seeing it looks like once in.. u stay in for atleast 4-5 days (i'm not complaining though) which does produce good results....

second thing, if you wanted to run a back test, is there a way to do this automatically in MT4? i'm using IBFX demo.

thx,
Pret
  • #1,588
  • Jul 23, 2008 12:50pm Jul 23, 2008 12:50pm
Quoting pbalfe@tisca
Good idea, if we all do it then we will have a majority decision to either do or not do a trade and then nobody can moan when it goes bad

Lets call it the ASHFX Democratic System, at least 10 have to post and the majority wins

Bring it on

Paul
What happens if it's a tie?
Greetings from Guanajuato, Mexico
  • #1,589
  • Jul 23, 2008 12:51pm Jul 23, 2008 12:51pm
Quoting yen44x
What happens if it's a tie?
Then there's no majority =D
  • #1,590
  • Jul 23, 2008 12:53pm Jul 23, 2008 12:53pm
Quoting Ronald Raygun
Then there's no majority =D
Exactly.

With that in mind, I think I'll stick to your EA or my own decisions. I don't want to blame or credit anyone else at the end of a trade.
Greetings from Guanajuato, Mexico
  • #1,591
  • Jul 23, 2008 1:03pm Jul 23, 2008 1:03pm
Why would anyone need signals called for them?

The rules are pretty straightforward.....a trade is either signaled or it isn't.

There are other factors that may influence your decision to trade... S/R, pivots, moon phase, the price of tea in China, etc. But if you are simply following the system to the letter, the EA's do fine.
  • #1,592
  • Jul 23, 2008 1:10pm Jul 23, 2008 1:10pm
Quoting orion70
Why would anyone need signals called for them?

The rules are pretty straightforward.....a trade is either signaled or it isn't.

There are other factors that may influence your decision to trade... S/R, pivots, moon phase, the price of tea in China, etc. But if you are simply following the system to the letter, the EA's do fine.
All right, orion70, who gave you my trading secret??!!

Drat . . . I thought I was the only one making trade decisions based on the price of tea in China.

Actually, I look at both the price of tea and rice. If prices look like they will go up, I trade "ooLONG". If they appear to be headed down, I trade "SHORT" grain.

Ouch, I can't believe I wrote that. Off to siesta.
Greetings from Guanajuato, Mexico
  • #1,593
  • Jul 23, 2008 1:18pm Jul 23, 2008 1:18pm
Quoting yen44x
All right, orion70, who gave you my trading secret??!!

Drat . . . I thought I was the only one making trade decisions based on the price of tea in China.

Actually, I look at both the price of tea and rice. If prices look like they will go up, I trade "ooLONG". If they appear to be headed down, I trade "SHORT" grain.

Ouch, I can't believe I wrote that. Off to siesta.
Sheesh...all this time I thought it was insider advice from burros!
  • #1,594
  • Jul 23, 2008 1:19pm Jul 23, 2008 1:19pm
Quoting yen44x
What happens if it's a tie?
Hi,

LOL , Typical, i knew someboday would say that

if its a tie then we decide individually what we want to do, thats the glory of a democratic system
  • #1,595
  • Jul 23, 2008 1:22pm Jul 23, 2008 1:22pm
Quoting orion70
Sheesh...all this time I thought it was insider advice from burros!
Don't give away all my secrets.
Greetings from Guanajuato, Mexico
  • #1,596
  • Jul 23, 2008 1:23pm Jul 23, 2008 1:23pm
Quoting Ronald Raygun
My EAs will vote for me
Hi Ronald,

Nice to see everybody putting there bit in, amazing how one suggestion gets everybody talikng

By the way what EA are you using and can you post it for me please

Thanks
Paul
  • #1,597
  • Jul 23, 2008 1:23pm Jul 23, 2008 1:23pm
Quoting pbalfe@tisca
Hi,

LOL , Typical, i knew someboday would say that

if its a tie then we decide individually what we want to do, thats the glory of a democratic system
Democracy--although fair--is remarkably slow. Ever wonder why the greek city-states couldn't really expand as much as the Roman empire did?
  • #1,598
  • Jul 23, 2008 1:24pm Jul 23, 2008 1:24pm
Quoting pbalfe@tisca
Hi,

LOL , Typical, i knew someboday would say that

if its a tie then we decide individually what we want to do, thats the glory of a democratic system
Don't tell that to Al Gore.
Greetings from Guanajuato, Mexico
  • #1,599
  • Jul 23, 2008 1:26pm Jul 23, 2008 1:26pm
Quoting femzy112
we might be looking to go short on either AUDCAD &/or AUDUSD later today....I am still in a twixt in how we will take em though....
Ltes see how it goes though
Hi,
Be carefull with AUDUSD Short.
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  • #1,600
  • Jul 23, 2008 1:26pm Jul 23, 2008 1:26pm
Quoting Ronald Raygun
Democracy--although fair--is remarkably slow. Ever wonder why the greek city-states couldn't really expand as much as the Roman empire did?
Sometimes I lay awake at night worrying about it.

See, that's the problem, RR, when you're as smart as you are. You wonder about Greek city-states . . . I just count burros until I fall asleep.
Greetings from Guanajuato, Mexico
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