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AshFX Daily

  • #2,461
  • Oct 1, 2008 11:03pm Oct 1, 2008 11:03pm
Quoting The_One
What is going on here? Why someone paying to provide free service?
Free losing signals. Paid winning signals.
  • #2,462
  • Oct 2, 2008 1:00am Oct 2, 2008 1:00am
Quoting andante9


I am posting this not in defense of EA traders but rather in defense of AshFx system.

Where have all the manual traders gone? I hope I am not stepping on any toes by posting EA results here but it seems the manual traders have lost interest.

Attachment
I guess the reason is lack of interaction between traders on the thread.

Also, if you read back there was some pretty "bad blood" between some traders because of questions asked and comments made. There was no need for some of the more "robust" postings that were made. This sort of thing puts people off, IMO.

Interesting to see your EA results. I tried the EA some months back and it produced significant losses. I guess timing may be the issue. On reflection, some of the trades the EA takes are countertrend, up against significant SR etc. etc. There are many postings on this thread that suggest that an EA is not the way to go because of the inherent limitations in this regard.

Best wishes with your future trades!
James The Beekeeper
  • #2,463
  • Oct 2, 2008 8:17am Oct 2, 2008 8:17am
Quoting edeyj999
I guess the reason is lack of interaction between traders on the thread.

Also, if you read back there was some pretty "bad blood" between some traders because of questions asked and comments made. There was no need for some of the more "robust" postings that were made. This sort of thing puts people off, IMO.

Interesting to see your EA results. I tried the EA some months back and it produced significant losses. I guess timing may be the issue. On reflection, some of the trades the EA takes are countertrend, up against significant SR etc. etc. There are many postings on this thread that suggest that an EA is not the way to go because of the inherent limitations in this regard.

Best wishes with your future trades!
Thanks for the best wishes, same to you!
  • #2,464
  • Oct 2, 2008 8:20am Oct 2, 2008 8:20am
Hi All

Here is an EA by RonaldRaygun that has been making money on this demo account. Even in these rough times for traders. . .

Attached Image (click to enlarge)
Click to Enlarge Name: 2 askfx oct 02 08.jpg Size: 319 KB
  • #2,465
  • Oct 2, 2008 8:35am Oct 2, 2008 8:35am
I know someone will ask so here is the preset file I am using on the chart you see in the picture above.

Be advised that the amount I am using for SL and TS vary on each chart. Other than that the inputs are the same across the pairs. I believe that when I set up the account I used about 2times the 4hrATR(100) for SL and TS. Note that there is no TP! Only SL and TS. I am using 3 different demo EA's at the current time using this basic setup for taking profits that are all currently in profit. I am trying to limit the losses and not the profits .

RR has given us a good EA here to test for free. Thanks Ronald!

I think that both this system and EA are worth looking into further and that everyone should really give them a fair chance.

Attached File(s)
File Type: zip 1.zip   < 1 KB | 342 downloads
  • #2,466
  • Oct 2, 2008 11:47am Oct 2, 2008 11:47am
Quoting andante9


I am posting this not in defense of EA traders but rather in defense of AshFx system.

Where have all the manual traders gone? I hope I am not stepping on any toes by posting EA results here but it seems the manual traders have lost interest.
Appreciate the defence mate. This system works, even the EA has proven this. Yes it's important to implement Support and Resistance into your trading, but even without that, you can make a fair amount of pips if you pick the stronger setups.


Quoting lrathi

I am amazed how selfish/self-centred some traders are and they expect FREE service from others without a conscience of contributing something back to forums like this one. Very one-sided attitide!
The problem is people want to be spoon-fed. I'm not naming any names, but I've had countless emails asking me to provide specific signals for AshFX Daily. Guys, I'm not going to sacrifice my time, effort and energy by posting my signals EVERY DAY FOR FREE and then if there are some bad ones (which will and do happen) I get slaughtered for it.


Quoting lrathi

I can see why experienced traders start charging for their experience to others...
Exactly...
  • #2,467
  • Oct 2, 2008 11:49am Oct 2, 2008 11:49am
Quoting The_One
What is going on here? Why someone paying to provide free service?
They're actually not paying, because someone got free credit.
  • #2,468
  • Edited Oct 7, 2008 2:09pm Oct 2, 2008 4:27pm | Edited Oct 7, 2008 2:09pm
Nice catch of about 150 pips and still going
Attached Image (click to enlarge)
Click to Enlarge Name: usdcad.gif Size: 78 KB
  • #2,469
  • Oct 2, 2008 6:02pm Oct 2, 2008 6:02pm
Among dozens of systems I have come across, this one is the simplest, easiest, most effective and reliable.

No need to buy expensive "Black box" systems. No need to fret about complicated patterns, set ups or calculations. Just download Meta Trader Platform from FXDD (Live or Demo), and insert the prescribed indicators.

No need to Sit in front of monitor all day, putting unnecessary stress on your blood pressure. From Sunday to Thursday, around 16.30 to 17.30 pm EST, just scan your favourite Pairs (or all the pairs available on FXDD) and note down the likely candidates for Full Strength as well as Secondary Strength potential Trades. Prefer Full Strength Trades and enter.

Be patient. If there is no trade one day, don't push your luck. Wait for another day. Simply enter the trade, when all conditions are literally met and there is reasonable room for the pair to move in the direction of your trade (before price hits some major Support or Resistance).

This routine of minimum effort, easy to follow system and simple discipline of not taking any "Weak" trades, will, in time, bring you impressive profits without too much heartache and panic attacks.

Good Luck and Good Trading.


Quoting forexmoments
Appreciate the defence mate. This system works, even the EA has proven this. Yes it's important to implement Support and Resistance into your trading, but even without that, you can make a fair amount of pips if you pick the stronger setups.




The problem is people want to be spoon-fed. I'm not naming any names, but I've had countless emails asking me to provide specific signals for AshFX Daily. Guys, I'm not going to sacrifice my time, effort and energy by posting my signals EVERY DAY FOR FREE and then if there are some bad ones (which will and do happen) I get slaughtered for it.




Exactly...
  • #2,470
  • Oct 2, 2008 10:00pm Oct 2, 2008 10:00pm
Quoting minortrader
Among dozens of systems I have come across, this one is the simplest, easiest, most effective and reliable.

No need to buy expensive "Black box" systems. No need to fret about complicated patterns, set ups or calculations. Just download Meta Trader Platform from FXDD (Live or Demo), and insert the prescribed indicators.

No need to Sit in front of monitor all day, putting unnecessary stress on your blood pressure. From Sunday to Thursday, around 16.30 to 17.30 pm EST, just scan your favourite Pairs (or all the pairs available on FXDD) and note down the likely candidates for Full Strength as well as Secondary Strength potential Trades. Prefer Full Strength Trades and enter.

Be patient. If there is no trade one day, don't push your luck. Wait for another day. Simply enter the trade, when all conditions are literally met and there is reasonable room for the pair to move in the direction of your trade (before price hits some major Support or Resistance).

This routine of minimum effort, easy to follow system and simple discipline of not taking any "Weak" trades, will, in time, bring you impressive profits without too much heartache and panic attacks.

Good Luck and Good Trading.
My EA tests, IMO, agree totally with your analysis in this post. There is only one thing I must point out from my point of reference - my EA is set to take both FS and SS trades. I have not (yet) tested using TakeSStraders=False in any accounts but I think I is worth looking into.

  • #2,471
  • Oct 3, 2008 2:57pm Oct 3, 2008 2:57pm
I have been using AshFx for the past month. I have had some bad trades and some good ones but as of right now, I am up from a month ago.

Has anybody looked at using this system outside Forex? Say on index funds or commodities?
  • #2,472
  • Oct 4, 2008 7:15am Oct 4, 2008 7:15am
I have the hard copy of Ash's formula to enter the SL TP and such
but is there an indicator that would show it visually. I'm fairly new to this been trading demo and some live for 6 months now. I agree ASH's system is soooo easy. I bought his EA but I use it to signal me for manual trades. The ease of the system doesn't warrant use of the EA only. I use it as a guide and then manually confirm the trade. I've had the EA do a few trades that didn't look like it followed the buy / sell formula. If I can find the examples I'll post them

Thanks ASH
PS I need help understanding the second strength trade
  • #2,473
  • Oct 4, 2008 7:17am Oct 4, 2008 7:17am
Quoting dryclean
I have the hard copy of Ash's formula to enter the SL TP and such
but is there an indicator that would show it visually. I'm fairly new to this been trading demo and some live for 6 months now. I agree ASH's system is soooo easy. I bought his EA but I use it to signal me for manual trades. The ease of the system doesn't warrant use of the EA only. I use it as a guide and then manually confirm the trade. I've had the EA do a few trades that didn't look like it followed the buy / sell formula. If I can find the examples I'll post them

Thanks ASH
PS I need help understanding the second strength trade
Before I help you on SS trades, can I ask...

Who did you buy this EA off?
  • #2,474
  • Edited 11:48am Oct 4, 2008 7:18am | Edited 11:48am
Quoting Ronald Raygun
Free losing signals. Paid winning signals.
My members would beg to differ. My free short call on the Eur/Jpy last weekend generated around a 1000 pips, thank you very much. And I am not selling any paid signals either. Cheers.

And guys can we please keep our resolutions of any JPG attachments not too wide. Thanks.
  • #2,475
  • Oct 4, 2008 7:26am Oct 4, 2008 7:26am
Quoting minortrader
Among dozens of systems I have come across, this one is the simplest, easiest, most effective and reliable.

No need to buy expensive "Black box" systems. No need to fret about complicated patterns, set ups or calculations. Just download Meta Trader Platform from FXDD (Live or Demo), and insert the prescribed indicators.

No need to Sit in front of monitor all day, putting unnecessary stress on your blood pressure. From Sunday to Thursday, around 16.30 to 17.30 pm EST, just scan your favourite Pairs (or all the pairs available on FXDD) and note down the likely candidates for Full Strength as well as Secondary Strength potential Trades. Prefer Full Strength Trades and enter.

Be patient. If there is no trade one day, don't push your luck. Wait for another day. Simply enter the trade, when all conditions are literally met and there is reasonable room for the pair to move in the direction of your trade (before price hits some major Support or Resistance).

This routine of minimum effort, easy to follow system and simple discipline of not taking any "Weak" trades, will, in time, bring you impressive profits without too much heartache and panic attacks.

Good Luck and Good Trading.
I'm glad that people are appreciating the system. Too many just try it for a bit, then if they get a couple of bad trades, whammo, they move on to a different system.

"System Hoppers" would do well to take the advice of "minortrader".
  • #2,476
  • Oct 4, 2008 9:33am Oct 4, 2008 9:33am
Quoting forexmoments
Before I help you on SS trades, can I ask...

Who did you buy this EA off?
I think MTABoneweb was the one selling the EA.
  • #2,477
  • Oct 4, 2008 11:06am Oct 4, 2008 11:06am
Quoting forexmoments
I'm glad that people are appreciating the system. Too many just try it for a bit, then if they get a couple of bad trades, whammo, they move on to a different system.

"System Hoppers" would do well to take the advice of "minortrader".
As we roll through what will probably be one of the worst economic upheavels in our lifetime, you should expect some losses (and hopefully some wins). With US stock market swings of +/- 10% per day, people are going to run too and from currencies like changes in wind direction.

As for the EA for this system. Why would you want to use an EA? Manual trading takes about 5 minutes a day (some days 30 minutes, some days 1 minute) and will keep you out of weak feeling signals.

Just my 2 cents.
  • #2,478
  • Oct 5, 2008 12:06am Oct 5, 2008 12:06am
Quoting Ronald Raygun
I think MTABoneweb was the one selling the EA.
I don't think so. He was kind enough to email me and seek permission as to whether he can sell any EA based off my systems (such as Pip Nailer / AshFX). I said to him I want Pip Nailer / AshFX and any signals/documentation/programming/etc related to these two systems to remain totally free. And he agreed and promised me he wouldn't sell them.

Just trying to figure out who it could be, perhaps someone on eBay?
  • #2,479
  • Oct 5, 2008 12:08am Oct 5, 2008 12:08am
Quoting forexmoments
I don't think so. He was kind enough to email me and seek permission as to whether he can sell any EA based off my systems (such as Pip Nailer / AshFX). I said to him I want Pip Nailer / AshFX and any signals/documentation/programming/etc related to these two systems to remain totally free. And he agreed and promised me he wouldn't sell them.

Just trying to figure out who it could be, perhaps someone on eBay?
It was a "package deal" You got the ash fx EAs as a 'free bonus' if you bought his other EAs.

I'll look for the website, it may still be up.
  • #2,480
  • Edited 12:35am Oct 5, 2008 12:25am | Edited 12:35am
Quoting forexmoments
I don't think so. He was kind enough to email me and seek permission as to whether he can sell any EA based off my systems (such as Pip Nailer / AshFX). I said to him I want Pip Nailer / AshFX and any signals/documentation/programming/etc related to these two systems to remain totally free. And he agreed and promised me he wouldn't sell them.

Just trying to figure out who it could be, perhaps someone on eBay?



He sells 'AshFX ea' for $30.
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