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AshFX Daily

  • #2,521
  • Oct 15, 2008 6:15pm Oct 15, 2008 6:15pm
I know that I was just feeling out the system and placing 1.o lot orders
trying to learn the T/P and S/L and signals
  • #2,522
  • Oct 23, 2008 11:09am Oct 23, 2008 11:09am
Shorted NZD/USD yesterday @ .5929 (got in a little late)

Second strength trade, SL .6265; TP .5592

My last 2 trades were Long EUR/USD and CHF/JPY were both stopped out about -330 pips each
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  • #2,523
  • Oct 23, 2008 2:07pm Oct 23, 2008 2:07pm
How did you get stopped out of Chf/Jpy? I am up over 400 pips on that one.
  • #2,524
  • Oct 23, 2008 5:22pm Oct 23, 2008 5:22pm
Did you take the last signal (it was a short) on Eur/Usd?

I've pocketed almost 1000 pips.
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  • #2,525
  • Oct 23, 2008 5:27pm Oct 23, 2008 5:27pm
I didn't take the last two signals on Eur/Usd though.

Yep, you would have been stopped out on the long, but you would have made that up on the next short...

Did you take this Scott?
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  • #2,526
  • Oct 23, 2008 7:22pm Oct 23, 2008 7:22pm
Quoting forexmoments
I didn't take the last two signals on Eur/Usd though.

Yep, you would have been stopped out on the long, but you would have made that up on the next short...

Did you take this Scott?
hi ash do you close position on the stoch croos ,or wiat for AC to change the color. thanks
  • #2,527
  • Oct 24, 2008 10:12am Oct 24, 2008 10:12am
Quoting sps8
hi ash do you close position on the stoch croos ,or wiat for AC to change the color. thanks
No, this system doesn't use AC to close position, rather it uses AO to close position.
  • #2,528
  • Edited 10:59am Oct 24, 2008 10:23am | Edited 10:59am
Guys,

It has come to my attention that my system, "AshFX Daily" is being repackaged under a different name, called "Forex Payload" and is being sold across the internet:

http://www.zimbio.com/Forex+Trading+...Payload+Review

Absolutely ridiculous. Others are selling EA's based on my systems as well.

What is the point of releasing systems for free when ******** like these take the piss.

I've had enough.
  • #2,529
  • Oct 24, 2008 10:31am Oct 24, 2008 10:31am
Quoting forexmoments
Guys,

It has come to my attention that my system, \"AshFX Daily\" is being repackaged under a different name, called \"Forex Payload\" and is being sold across the internet:

http://www.zimbio.com/Forex+Trading+...Payload+Review

Absolutely ridiculous. Others are selling EA's based on my systems as well.

What is the point of releasing systems for free when ******** likes these take the piss.

I've had enough.
Hi Ash
i know you are upset, but "KARMA" will always even things out.
This GUy is selling your system and hard work,BUT he will lose more in the end of day.
Your heart is in the right place mate,You are helping your fellow traders,so i hope you dont stop now.
Take care

baz
  • #2,530
  • Oct 24, 2008 10:50am Oct 24, 2008 10:50am
Quoting forexmoments
Guys,

It has come to my attention that my system, \"AshFX Daily\" is being repackaged under a different name, called \"Forex Payload\" and is being sold across the internet:

http://www.zimbio.com/Forex+Trading+...Payload+Review

Absolutely ridiculous. Others are selling EA's based on my systems as well.

What is the point of releasing systems for free when ******** likes these take the piss.

I've had enough.

Consider this: we know it's free. There is a free EA in this thread, just distribute that along-side the commercial EAs. =D
  • #2,531
  • Oct 25, 2008 3:14pm Oct 25, 2008 3:14pm
Quoting forexmoments
Did you take the last signal (it was a short) on Eur/Usd?

I've pocketed almost 1000 pips.
I didn't take that signal because I wasnt trading your system at the time
  • #2,532
  • Oct 25, 2008 3:21pm Oct 25, 2008 3:21pm
Quoting forexmoments
I didn't take the last two signals on Eur/Usd though.

Yep, you would have been stopped out on the long, but you would have made that up on the next short...

Did you take this Scott?
I took the long EUR/USD. However, the short signal came while I was still in the long trade so I wasn't sure if I should have taken it. The next day I got stopped out of the long. Same thing happened to me on my CHF/JPY long. I was long and a short signal came while my long was open. -700 pips combined. I'm glad I stuck to my money management.

In hindsight I'm guessing if a short signal comes while I'm still long I should cut my long losses and open a short?

Better news, the NZD/USD short played out great for me. +330 pips.
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  • #2,533
  • Oct 25, 2008 3:32pm Oct 25, 2008 3:32pm
Ash,

What do you think of these signals?

I'm not too confident in the EUR/AUD signal but the others seem pretty good. I'll probably take the AUD/USD trade.
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  • #2,534
  • Oct 25, 2008 5:43pm Oct 25, 2008 5:43pm
Quoting PTOURNIS
How did you get stopped out of Chf/Jpy? I am up over 400 pips on that one.
It was a long trade and I got stopped out. If you took the long signal you had to have been stopped out...
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  • #2,535
  • Oct 26, 2008 8:38am Oct 26, 2008 8:38am
Quoting scott087
Ash,

What do you think of these signals?

I'm not too confident in the EUR/AUD signal but the others seem pretty good. I'll probably take the AUD/USD trade.
My advice would be to take none of them, especially the AUS/NZD. Look how choppy the Stochs are.

Also, in this climate I prefer to take First Strength Signals. That means AO and AC same colour, Stochs not having trespassed the 50 line.
  • #2,536
  • Oct 26, 2008 9:03am Oct 26, 2008 9:03am
Quoting forexmoments
My advice would be to take none of them, especially the AUS/NZD. Look how choppy the Stochs are.

Also, in this climate I prefer to take First Strength Signals. That means AO and AC same colour, Stochs not having trespassed the 50 line.
If you are not having luck with the system then reread the directions, you must be doing something wrong.

I have been trading live on this system since Sept 1 on 19 pairs with GFTForex.

- I pay little attention to the stoch.
- The AC has to be in favor of the trade
- The color of the reversal day bar has to be as well
- The AO can go either way, but I feel better if everything lines up.
- S/L and T/P are per the system except I move S/L as the PSAR moves, no sense leaving money on the table.

Since Sept 1, my account value is up 66%. I take my positions with 3% of the account value.

The standard deviation has been huge over the last 2 month. About a month ago every position went against me and then we issued a $700B bailout package (thank you Uncle Sam).

Currently in 11 positions with all having taken the first TP. Friday was an interesting day with some serious retrace on a bunch of pairs.

Ash, I hate to hear that somebody is profiting on your work. That is the challenege with the public domain. From me-to-you though, thanks for the system.
  • #2,537
  • Edited 3:08pm Oct 26, 2008 2:01pm | Edited 3:08pm
Quoting forexmoments
My advice would be to take none of them, especially the AUS/NZD. Look how choppy the Stochs are.

Also, in this climate I prefer to take First Strength Signals. That means AO and AC same colour, Stochs not having trespassed the 50 line.
I heard news of a possible rate cut which would be bad for USD strength and some of these trades. Thanks for getting back to me. Do you have any other suggestions for filtering valid signals other than support/resistance, fibs, or choppy stocs?

Also, when the candle closes on Friday, should we open the position when our broker opens on Sunday? My broker opens 3:00PM on Sunday so I'm not sure if I should wait to take a signal or take the Friday right when my broker opens Sunday.

edit: I was wondering, if I have a long open that is losing pips and I get a short signal, should I cut the losses on the long and open a short?
  • #2,538
  • Oct 26, 2008 2:04pm Oct 26, 2008 2:04pm
Quoting M&m

- I pay little attention to the stoch.
- The AC has to be in favor of the trade
- The color of the reversal day bar has to be as well
- The AO can go either way, but I feel better if everything lines up.
- S/L and T/P are per the system except I move S/L as the PSAR moves, no sense leaving money on the table.
What do you mean by the color of the reversal day bar? Also, can you explain how you move the S/L based on the PSAR dot.

Thanks.
  • #2,539
  • Oct 26, 2008 4:13pm Oct 26, 2008 4:13pm
Quoting M&m
If you are not having luck with the system then reread the directions, you must be doing something wrong.

I have been trading live on this system since Sept 1 on 19 pairs with GFTForex.

- I pay little attention to the stoch.
- The AC has to be in favor of the trade
- The color of the reversal day bar has to be as well
- The AO can go either way, but I feel better if everything lines up.
- S/L and T/P are per the system except I move S/L as the PSAR moves, no sense leaving money on the table.

Since Sept 1, my account value is up 66%. I take my positions with 3% of the account value.

The standard deviation has been huge over the last 2 month. About a month ago every position went against me and then we issued a $700B bailout package (thank you Uncle Sam).

Currently in 11 positions with all having taken the first TP. Friday was an interesting day with some serious retrace on a bunch of pairs.

Ash, I hate to hear that somebody is profiting on your work. That is the challenege with the public domain. From me-to-you though, thanks for the system.
One other change I have made is I set all S/L like a primary trade.

- The color of the reversal day bar has to be as well - If PSAR says buy then bar must have closed higher then open and opposite if PSAR says sell.

I entered three more positions at today's open, AUD/USD, AUD/NZD, and EUR/AUD.
  • #2,540
  • Oct 26, 2008 7:19pm Oct 26, 2008 7:19pm
Quoting M&m

I entered three more positions at today's open, AUD/USD, AUD/NZD, and EUR/AUD.
Aren't you supposed to avoid having positions opened on the same pairs with AUD as the base currency?

For example if you get a signal on AUD/USD and AUD/NZD, you only take one of them because you don't want to have two pairs such as AUD/XXX

Ash could you clarify this?
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